Acquisitions July 15, 2009
→ AGNC Announces Secondary Offering of Its Common Stock by American Capital
American Capital Agency Corp. (NASDAQ:AGNC) ("AGNC" or the "Company") announced today that one of its stockholders, American Capital Ltd. (NASDAQ:ACAS) ("American Capital"), agreed to sell 2,500,000 shares of AGNC common stock to Deutsche Bank Securities. AGNC will not receive any of the proceeds from the sale. -- American Capital Agency Corp.,Investors,Bethesda Md 07/15/2009
→ POF - Escrow and Investment Transaction Deposit
CASH DEPOSITS INTO ESCROW -- Offshore Trading Platform,Reginald Ollison,Raleigh NC 07/13/2009
→ Proof of Funds
Proof of funds supporting a commitment to fund your transaction. Some common uses of the service are the following: -- Atlantic Equity Partners LLC.,Reginald Ollison,Raleigh NC 07/13/2009
→ Block Escrow, Bank Account, MT760, Providing Evidence of Proof of Funds
PROOF OF FUNDS SERVICE -- Offshore Trading Platform,Reginald Ollison,Raleigh NC 07/12/2009
→ Credit Answers, A Leading Provider In Debt Settlement, Launches A Loan Modification Division
Credit Answers, a leading debt settlement firm, located in Plano, TX, has launched a loan modification division to broaden its debt relief scope. -- Credit Answers,Bill Loughborough,Plano Tx 07/10/2009
→ Wyncrest Group Looks to Acquire Florida Insurance Consulting, LLC
The Wyncrest Group, Inc. (Pink Sheets: WNCG) today announced it's looking to acquire Florida Insurance Consulting, LLC. -- Wyncrest Group, Inc.,Investor Relations,Chicago Il 07/10/2009
→ Wyncrest Group, Inc. Announces Planned Acquisitions
The Wyncrest Group, Inc. (Pink Sheets: WNCG) today announced that it continues to make progress in its discussions with its targeted acquisitions. The company signed a Letter of Intent to purchase a management consulting services provider based in Florida, and is conducting due diligence on several other potential targets. Subject to the capital markets, a definitive agreement on the Florida-based company is expected in the third quarter of this year. -- Wyncrest Group, Inc.,Investor Relations,Chicago Il 07/08/2009
→ Huntington Grants Shares to Blakely
Huntington Bancshares Incorporated (NASDAQ:HBAN) today announced that Kevin Blakely commenced his role as the new Chief Risk Officer, effective July 8, 2009. In accordance with NASDAQ rules, Huntington also announced that it has issued to Mr. Blakely, on July 8, 2009, an inducement award consisting of a restricted stock award for 40,000 shares of Huntington common stock that vests on the second anniversary of the date of grant, subject to Mr. Blakely's continued employment with Huntington through the vesting date. The restricted stock award was approved by the Huntington Board's compensation committee without shareholder approval as an "employee inducement" award under the NASDAQ rules. -- Huntington Bancshares,Jay Gould,Columbus Oh 07/08/2009
→ Foreclosure Listings Nationwide.com Makes the Dream of Owning a Home a Reality
Foreclosures are at an all-time high. However, good news is on the horizon. The release of the new federal tax credit of $8,000 given to first-time home buyers has heated up the real estate market and provided a well-needed boost to the struggling real estate industry. And, ForeclosureListingsNationwide.com announces that its company has more than 1.5 million properties for sale. -- ForeclosureListingsNationwide.com,Jason Gallagher,Los Angeles Ca 07/06/2009
→ Hodgdon Group Represents Ashley Furniture with Collins Commercial to Acquire 439,000 SF in Colton, CA
* * * -- Monaghan Communications,Anne Monaghan,Colton California 07/01/2009
→ Mid-America Apartment Communities Establishes $250 MM Acquisition Fund
Miid-America Apartment Communities, Inc. (NYSE:MAA) reported today that it has established Mid-America Multifamily Fund II, LLC (`Fund II`). The fund will be a joint venture between Mid-America and institutional capital. Targeted investment opportunities will be within Mid-America`s existing Sunbelt markets and operating region. Mid-America will own a 1/3 interest in Fund II, with plans to acquire up to $250 million of apartment properties over the next eighteen months, and have a 6-8 year inves -- Mid-America Apartment Communities, Inc.,Investor Relations,Memphis Tn 06/30/2009
→ First Advantage Corporation Announces Receipt of Proposal From The First American Corporation
First Advantage Corporation (NASDAQ:FADV) (the `Company`), a global risk mitigation and business solutions provider, today confirmed that it has received an unsolicited proposal from The First American Corporation (`First American`) to acquire all of the issued and outstanding shares of the Company`s common stock not owned by First American at a fixed exchange ratio of 0.5375 of a share of First American common stock for each share of the Company`s common stock. -- First Advantage Corporation,Henri Van Parys,Poway Ca 06/30/2009
→ Moody`s Investors Service Confirms Rating for The PMI Group, Inc.
Senior Debt Rating of B3 Confirmed, Outlook Revised to Developing -- PMI Group, Inc.,Bill Horning,Walnut Creek Ca 06/29/2009
→ The First American Corporation Announces Offer to Acquire First Advantage Corporation
--Transaction to Enhance Financial Flexibility and Operational Efficiency-- -- The First American Corporation,Carrie Gaska,Santa Ana Ca 06/29/2009
→ RentalForeclosure.com, Along With Sponsor Cherry Creek Mortgage, Provides Assistance to Alameda and Contra Costa County Renters
Renters can now check online to see if their landlord is facing foreclosure. -- RentalForeclosure.com,Dave Madam,Alameda Ca 06/29/2009
→ Governor Rendell Signs Bills to Protect Homeowners From Mortgage Fraud
Governor Edward G. Rendell today signed a pair of bills to combat mortgage fraud by strengthening communication between homeowners and their lenders and encouraging employees at mortgage companies to report illegal activity. -- Pennsylvania Office of the Governor,Mia DeVane,Harrisburg Pa 06/29/2009
→ Mortgage Applications Increase in Latest MBA Weekly Survey
The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey for the week ending June 19, 2009. The Market Composite Index, a measure of mortgage loan application volume, was 548.2, an increase of 6.6 percent on a seasonally adjusted basis from 514.4 one week earlier. On an unadjusted basis, the Index increased 6.0 percent compared with the previous week and increased 17.2 percent compared with the same week one year earlier. -- Mortgage Bankers Association,John Ferber, Commercial,Washington Dc 06/24/2009
→ Commercial real estate industry`s ONLY objective evaluation tool for market viability
In 2-3 minutes, over 20 of the industry`s most trusted data sources analyzes 4,0800 data elements to evaluate the market viability of a property -- Xsite Validation LLC,Sdorf, Senior Vice President,Farmington Hills Michigan 06/24/2009
→ Proof of Funds, MT760, MT799, VOD, MT103, Bank Instrument, SBLC
24 Hour Proof of Funds cash back escrow or bank account -- Offshore Trading Platform,Reginald Ollison, Managing Par,Raleigh NC 06/23/2009
→ Southwest Bancorp Reports Kansas Acquisition
Southwest Bancorp, Inc. (NASDAQ:OKSB) (NASDAQ:OKSBP) , (`Southwest`), tonight announced that Bank of Kansas (`SNB Kansas`) had entered into a purchase and assumption agreement with the Federal Deposit Insurance Corporation (`FDIC`) to acquire deposits, loans, and other liabilities and assets of First National Bank of Anthony in Anthony, Kansas (`FNBA`) in an FDIC-assisted transaction. SNB Kansas is a wholly owned, full service commercial banking subsidiary of Southwest headquartered in the Hutch -- Southwest Bancorp, Inc.,Rick Green,Stillwater Ok 06/22/2009
→ Insurers Join Other Businesses In New Coalition To Develop New Global Accounting Standards To Address Financial Crisis
The Group of North American Insurance Enterprises (GNAIE) has joined a new coalition of trade associations, representing all sectors of the economy and areas of the financial services arena, that will engage the Financial Accounting Standards Board (`FASB`) and the International Accounting Standards Board (`IASB`) on a series of projects to reform accounting standards associated with the financial crisis. -- GNAIE,Doug Barnert Executive Director of ,New York Ny 06/22/2009
→ GMAC Commercial Finance Provides Pounds Sterling 5 Million in the Management Buyout of the European Network Group
GMAC Commercial Finance (GMAC CF) has backed the management buyout of European Recruitment Network Group (ERN) by Redwood Group Ltd. ERN is a pounds Sterling 50 million recruitment group specialising in healthcare and professional and technical temporary staff. -- GMAC Commercial Finance,Kelly Rionda,London Uk 06/22/2009
→ MBA Lowers 2009 Originations Forecast To $2.03 Trillion
The Mortgage Bankers Association today lowered its forecast of mortgage originations in 2009 to $2.03 trillion, a drop of over $700 billion from its March forecast. $84 billion of the drop is due to lower purchase originations and the rest is due to lower rate/term refinancings and very low volumes in the Fannie Mae and Freddie Mac Home Affordable Refinance Program (HARP). MBA is now forecasting $737 billion in purchase originations and $1,297 billion in refinance originations. -- Mortgage Bankers Association,Carolyn Kemp,Washington Dc 06/22/2009
→ California and Nevada Families Share Stories to Encourage Others to Take Action Against Foreclosure
States represent two of the four with the highest foreclosure rates, according to MBA report -- Parsa Law Group,Holly Naylor,Orange County Ca 06/19/2009
→ Equity Based Services, Inc. Proves Leveraged Real Estate Acquisitions are Alive and Well
EBS announces the acquisition of 2 Self Storage properties in Arlington, TX leveraged with a 5 year loan with Interest-Only payments for the first year. -- Equity Based Services, Inc.,Kurt Ambrosius,Arlington Tx 06/19/2009
→ MBA Supports Proposal For $15,000 Tax Credit For All Homebuyers
David G. Kittle, CMB, Chairman of the Mortgage Bankers Association issued the following statement today in support of S. 1230, The Homebuyer Tax Credit Act of 2009. -- Mortgage Bankers Association,John Mechem,Washington Dc 06/18/2009