MacKenzie Patterson Fuller Inc., San Francisco, has announced that the company and its affiliates have offered to buy up to 85,000 shares of common stock of Palmetto Real Estate Trust.The offered price is $3 per share. The company said the acquisition of the shares would result in the ownership of approximately 4.8% of the outstanding shares of Palmetto by MPF. The company can be found on the Web at http://www.mpfi.com.
-
Mortgage rates rose 7 basis points this week, Freddie Mac said, and more increases are likely following a weaker than expected gross domestic product report.
2h ago -
Independent mortgage bankers lost the most money ever on every loan originated last year due to higher rates and lower volumes, an industry trade group said.
2h ago -
While home lenders are seeing a decrease in issues coming through mobile channels, phone fraud spiked last year, accounting for 28% of losses, a new report found.
4h ago -
The massive mortgage business saw a first quarter profit mitigated by nearly $300 million in hedging losses.
April 24 -
The Consumer Financial Protection Bureau has seen excessive property-inspection charges, fees that loan mods should eliminate and improper line-item labels.
April 24 -
Michael Tannenbaum, whose experience in the financial services industry spans over 15 years, has a track record of helping companies scale and grow.
April 24