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The Pointe Hilton Tapatio Cliffs Resort and its adjacent golf club are scheduled to be sold to the highest bidder at a foreclosure auction in November.

Uncle Sam is offering 100 percent home financing to eligible borrowers through two federal agencies.

NORFOLK, Va. -- Commonwealth Bankshares, Inc., announced today that on August 25, 2010, Bank of the Commonwealth , a wholly-owned subsidiary of the Company, entered into and closed an Asset Purchase and Sale Agreement with Monterey I Holdings, LLC pursuant to which the Bank sold non-performing commercial and construction and development loans, without recourse, for $19.2 million, with no loss to ...

GLEN ALLEN, Va.--(BUSINESS WIRE)--Dynex Capital, Inc. (NYSE: DX) announced today that Thomas Akin, Chairman and Chief Executive Officer, and other members of the Company’s executive management team are scheduled to present at the Rodman & Renshaw Annual Global Investment Conference being held September 12 – 15, 2010 at the New York Palace Hotel in New York City. The Company’s presentation is ...

Home buyers can consider government programs, existing assets, and personal finance techniques.

Mortgage loans guaranteed by the Department of Veterans Affairs continue to have the lowest rate for serious delinquency and foreclosures in the industry, according to a media release.

Courtesy of Seeking AlphaHovnanian Enterprises, Inc. (HOV) F3Q2010 Earnings Call Transcript Septembe...

RISMEDIA, September 1, 2010—The delinquency rate for mortgage loans on one-to-four-unit residential properties dropped to a seasonally adjusted rate of 9.85% of all loans outstanding as of the end of the second quarter of 2010, a decrease of 21 basis…

Robert Siravo and Thomas Swedberg are accused of adding millions of dollars to retirement payouts for themselves and other top brass. They and 14 others are also accused of breach of duty. A federal agency is accusing two former executives of a giant failed credit union in Los Angeles County of fraud for their roles in adding millions of dollars to retirement payouts for themselves and other top ...

NEW YORK--(BUSINESS WIRE)--Fitch Ratings has assigned a rating of 'Asf' with a Stable Outlook to all Fitch-rated classes of Citigroup Mortgage Loan Trust 2010-8, resecuritization trust certificates, series 2010-8. A full list of ratings is shown below. This transaction contains certain classes designated as Initial Exchangeable Certificates and others as Subsequent Exchangeable Certificates. For ...