Real Estate: Mortgage

Profitable Restaurant/Bar and Real Estate in Cadott, WI Listed by On Pace

On Pace Franchise & Business Advisors announces that they have listed a profitable restaurant/bar and real estate in Cadott, WI Cadott, WI, December 16, 2017 -- On Pace Franchising (www.onpacefranchising.com), a top performing franchise consulting company in Chicago, announced the listing of a charming tavern for sale in Cadott, WI. The offer includes the real estate as well as the business. The establishment is a well-known spot, offering a friendly atmosphere and fast service.“This is a...

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Safe as Houses? Not if You Live in Australia

    LONDON, ENGLAND, December 16, 2017 -- According to Jonathan Tepper, one of the world's experts in housing bubbles, Australia is experiencing the biggest property bubble in history. It has lasted 55 years and seen prices increase 6556% since 1961. "It is the only country we know of where middle-class houses are auctioned like paintings," he observed recently.When it crashes it's likely to bring Australia's economy crashing down with it, as it's the only...

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OceanFirst Financial Corp. Schedules Earnings Conference Call

TOMS RIVER, N.J., Dec. 15, 2017 -- OceanFirst Financial Corp. (NASDAQ:OCFC), the holding company for OceanFirst Bank, today announced that it will issue its earnings release for the quarter ended December 31, 2017 on Thursday, January 25, 2018 after the market close.  Management will then conduct a conference call at 11:00 a.m. Eastern Time, on Friday, January 26, 2018, to discuss highlights of the Company's fourth quarter operating performance.The direct dial number for the call is 1-888-338-7143. ...

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Franklin Limited Duration Income Trust Declares Monthly Distribution

SAN MATEO, Calif., Dec. 15, 2017 -- Franklin Limited Duration Income Trust (NYSE American:FTF), a closed-end investment company managed by Franklin Advisers, Inc., announced today a distribution of $0.1042 per common share, payable January 12, 2018, to shareholders of record on December 29, 2017 (Ex-Dividend Date: December 28, 2017). The Fund adopted a managed distribution plan and will make monthly distributions to common shareholders at an annual minimum fixed rate of 10%, based on the average...

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TCF Bank Completes Acquisition of Rubicon Mortgage Advisors

WAYZATA, Minn.--(BUSINESS WIRE)--TCF National Bank (TCF Bank), a subsidiary of TCF Financial Corporation (TCF) (NYSE: TCF), today announced that it has completed its previously announced transaction to acquire Rubicon Mortgage Advisors, LLC (Rubicon), a residential mortgage lender with offices in Minnesota and North Dakota. Financial terms of the agreement were not disclosed. In conjunction with the closing, TCF Bank will begin marketing its residential first mortgage program as TCF Home Loans in...

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First Bancorp Announces Cash Dividend

SOUTHERN PINES, N.C., Dec. 15, 2017 -- The Board of Directors of First Bancorp (NASDAQ - FBNC), the parent company of First Bank, has declared a cash dividend on its common stock of $0.08 per share payable January 25, 2018 to shareholders of record as of December 31, 2017.  The $0.08 per share dividend rate is the same as the rate declared in the comparable period of 2016. First Bancorp is a bank holding company headquartered in Southern Pines, North Carolina, with total assets of...

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Mobetize Expands Fintech as a Service to include smartMortgage – a fully digital mortgage platform for Financial Institutions

VANCOUVER, British Columbia, Dec. 15, 2017 -- Mobetize Corp. (OTCQB:MPAY), a provider of mobile financial services (MFS) technology for the multi-billion dollar business to business (B2B) segment of the Fintech as a Service (FaaS) sector has added smartMortgage to its suite of fintech products. smartMortgage is an innovative product creating another revenue stream for Mobetize by licensing the product to financial institutions, who will offer a simplified, fully digital mortgage application process...

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Virginia Partners Bank to acquire stake in Johnson Mortgage Company, LLC

FREDERICKSBURG, Va., Dec. 15, 2017 -- Virginia Partners Bank agreed to acquire a 51% stake in Johnson Mortgage Company, LLC.  The transaction will be effective January 1, 2018. Johnson Mortgage, founded in 1997, is a residential mortgage company headquartered in Newport News, Virginia, with a branch office in Williamsburg, Virginia.  The company offers a full line of secondary market loans.  Virginia Partners Bank, founded in 2008, is a community bank headquartered in Fredericksburg,...

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WANTED: Green and Eco-Friendly Advocates, Live a lifestyle that benefits Mother Earth

It’s all over local and international news almost every day we hear about glоbаl warming, flаѕh flооdѕ, tѕunаmіѕ, food and water shortages, new forms of bacterias, and viruses. Mother Nature is sounding off distress signals that should concern us all. We must all help ѕаvе planet Eаrth by contributing to daily Green and Eco-friendly efforts in our оwn little wауѕ. We all just need to commit and act in a concerted effort to protect the environment, preserve our natural resources,...

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Mortgage Banking Experts Call on Georgia Delegation to Address Housing Finance Reform

ATLANTA, Dec. 15, 2017 -- As tax reform negotiations come to an end and a bill is finalized, Congress must shift toward reforming the nation's unsustainable housing finance system, according to mortgage bankers across Georgia who say housing finance reform is the last piece of unfinished business from the 2008 financial crisis. "The instability of Fannie Mae and Freddie Mac is a real concern for all Georgians and should be for all Americans, too," said Fowler Williams, MBA State...

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Two 30 Year Old Best Friends Launch App to Be the #GAMECHANGER for Real Estate

HOBOKEN, N.J.--(BUSINESS WIRE)--Jeff VanNote (30) and partner Zack Evans (32) got an early Christmas present this year, after a 5 month process to build out the foundation to their first Real Estate App, Home Buyer Huddle, which is now in both the iTunes APP store and Google Play store. “Building out this APP and platform was torture. I am one of the most impatient people in the world and back in July I had no idea what I was getting into… but with the help of great people, and our great team,...

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PrimeLending Names Joe Thompson Regional Manager for South Texas

DALLAS--(BUSINESS WIRE)--Top 10 national lender, PrimeLending, a PlainsCapital Company, is proud to announce the promotion of Joe Thompson to Senior Vice President and Regional Manager of the South Texas region, which includes the greater Houston, Austin and San Antonio markets. “Joe epitomizes the high personal character, team-first attitude and relentless drive to succeed we value most at PrimeLending,” said Al Velasco, Executive Vice President, Western Division for PrimeLending. “When...

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Hunt Mortgage Group Refinances a Multifamily Property Located in Fall River, Massachusetts

NEW YORK, Dec. 15, 2017 -- Hunt Mortgage Group, a leader in financing commercial real estate throughout the United States, announced today it has provided a conventional Fannie Mae loan facility and mezzanine loan to refinance a multifamily property located in Fall River, Massachusetts. The mezzanine loan will be subordinate to the Hunt Mortgage Capital FNMA loan. The senior loan amount is $23.5 and the facility is a fixed-rate loan with a 30-year amortization schedule, four years of interest‐only...

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Bryn Mawr Bank Corporation Completes Merger with Royal Bancshares of Pennsylvania, Inc.

BRYN MAWR, Pa., Dec. 15, 2017 -- Bryn Mawr Bank Corporation (NASDAQ:BMTC) (the “Corporation” or “BMBC”), parent of The Bryn Mawr Trust Company (the “Bank”), today announced it completed its previously announced merger with Royal Bancshares of Pennsylvania, Inc. (“RBPI”) (the “Merger”), the parent company of Royal Bank America (“RBA”), headquartered in Bala Cynwyd, Pennsylvania.Frank Leto, President and Chief Executive Officer, stated, “This is an important milestone for...

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Shareholders Approve Proposals Related to Proposed Merger of Commerce Union Bancshares, Inc. and Community First, Inc.

BRENTWOOD, Tenn. & COLUMBIA, Tenn.--(BUSINESS WIRE)--Commerce Union Bancshares, Inc. (“Commerce Union”) (Nasdaq: CUBN), the parent company for Reliant Bank, and Community First, Inc. (“Community First”), the parent company for Community First Bank & Trust, announced today that their shareholders have voted to approve the respective proposals submitted to their shareholders related to the merger of the two companies. The two companies also announced that all regulatory approvals required...

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