Zacks.com, the online unit of Zacks Investment Research Inc., Chicago, has placed MFA Mortgage Investments Inc., a New York-based real estate investment trust, on its #5 Rank List -- Stocks to Sell Now.Zacks noted that the REIT's chief executive officer, Stewart Zimmerman, recently predicted an operating profit of $0.05 per share for the fourth quarter. "Three of the four covering analysts reacted by cutting their predictions for full-year earnings," Zacks reported. "The current consensus estimate for 2005 earnings of 33 cents per share is 10 cents less than the forecast of three months ago." Zacks can be found online at http://www.zacks.com.
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But views are split, at least in the near-term on whether rising mortgage rates are holding back the Spring home purchase season.
22m ago -
The top five producers had an average dollar volume of FHA loans of more than $50 million in 2023.
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The tool will provide helpful HELOC-related information to customer support staff to streamline the application process, Figure said Thursday.
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The five states with the lowest property taxes have an average effective real-estate tax rate of 0.44%.
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Ohio-based Liberty Home Mortgage joins several companies who started using a more modernized FICO credit score for nonconforming mortgage originations recently.
April 17 -
The CFPB has dissolved the Office of Supervision, Enforcement and Fair Lending and eliminated the job of associate director in a move that impacts how it designates nonbanks for supervision.
April 17