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Posts Tagged ‘lending’

December 7th, 2012

Lenders Feel Positive About United Kingdom’s Mortgage Market In 2013

(George Sterling) - According to a big group of prominent mortgage lenders, United Kingdom’s mortgage market will improve in 2013 after couple of difficult years. In the last week, a panel of large mortgage lenders joined at the Mortgage Business Expo and talked about the United Kingdom’s mortgage sector and its prospects. The common consensus that was concluded [...]

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November 28th, 2011

Spotlight on REITs: Impac Commercial

(Money Manager) - Impac Commercial: This real estate investing company lends money for commercial and residential mortgages. This company will finance non conforming mortgages for residential homes and businesses, with the higher interest rates charged it can be quite profitable. Impac Commercial sold $150.7 million dollars worth of their commercial mortgage loans in 1998 in order to create liquid assets for the company and its shareholders, though this sale the company was able to bring their total liquid cash to $22.3 million dollars US.

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November 14th, 2011

Spotlight on REITs: INMC Mortgage Holdings

(Money Manager) - INMC Mortgage Holdings: This real estate investment trust company invested mostly in residential and commercial mortgages. Up until 1993 INMC Mortgage Holdings was mostly a passive company owned by Countrywide Credit Industries, but that year it broke away and started to aggressively purchase investments and properties, giving out billions of dollars worth of risky and potentially dangerous residential mortgages, that if done right would yield a very high interest rate that would set the company’s net worth soaring.

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