The general partner of American Insured Mortgage Investors (AIM 84) has declared the final liquidating distribution of $1.60 per unit, resulting in the termination of the partnership.AIM 84 will close its stock transfer books at the close of business on Feb. 24. On that date, unitholders will be required to surrender their certificates representing depositary units of limited partnership interest, the company said.
A tour of the technology that banking has run on, dating back to Franklin's anti-counterfeit measures and the bank-note bulletin that preceded American Banker.
Issuances of new HECM-backed securities dropped off in June on both a monthly and yearly basis, according to a new report from New View Advisors.
The vote to approve the $12 per share deal, which rejected a hostile bid from UWM Holdings, came following several postponements of a special meeting.
A mortgage customer claims his data was compromised in a hack last year at a tax and accounting firm reportedly used by the wholesale giant.
The government-sponsored enterprise clamped down on project review requirements and certain factory-built home appraisals while loosening other guidelines.
The June jobs report is creating an overhang on economist forecasts for interest rates going forward, especially when combined with recent inflation data.
