Real Estate: Mortgage

Arlington Asset Investment Corp. Declares Dividend on its Series B Preferred Stock for the Second Quarter of 2018

ARLINGTON, Va., May 15, 2018 -- Arlington Asset Investment Corp. (NYSE: AI) (the "Company") today announced that its Board of Directors authorized a quarterly dividend of $0.4375 per share of its 7.00% Series B Cumulative Perpetual Redeemable Preferred Stock (NYSE: AI PrB) (the "Series B Preferred Stock") for the second quarter of 2018.  The dividend will be payable on July 2, 2018 to shareholders of record of the Series B Preferred Stock on May 29, 2018. The tax characterization to shareholders...

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Banco Macro Announces Results for the First Quarter of 2018

BUENOS AIRES, Argentina, May 15, 2018 -- Banco Macro S.A. (NYSE: BMA; BCBA: BMA) ("Banco Macro" or "BMA" or the "Bank") announced today its results for the first quarter ended March 31, 2018 ("1Q18").  All figures are in Argentine pesos (Ps.) This is the first quarterly release under Communication "A" 6114 of the Central Bank of Argentina (Convergence of accounting standards to IFRS -International Financial Reporting Standards-) Summary The Bank's net income totaled Ps.3.6 billion...

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Old Republic Announces Several Senior Management Promotions

CHICAGO, May 15, 2018 -- Old Republic International Corporation (NYSE: ORI) today announced that its Board of Directors had approved the following senior management appointments effective June 1, 2018: Craig R. Smiddy (54) currently President & Chief Operating Officer of ORI's Old Republic General Insurance Group, has been appointed President and Chief Operating Officer of the Corporation. He thus becomes the eighth president in Old Republic's 95 year history. ...

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Union Home Mortgage Purchases Alliance Home Loans to Expand World-Class Service

Union Home Mortgage Union Home Mortgage is owned, run and led by people that I trust and know are all about people, ethics, integrity and have a process to ensure maximum production. We are all glad to have our mortgage family with Union Home Mortgage. STRONGSVILLE, Ohio May 15, 2018 Union Home Mortgage Corp. (UHM), headquartered outside Cleveland, Ohio, is pleased to announce the Asset Purchase of Alliance Home Loans in Phoenix, Arizona, under the Union Home Mortgage brand. UHM has grown...

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Three Greenberg Traurig Attorneys Speak at Hotel Opportunities Latin American Conference and Caribbean Hotel and Resort Investment Summit in Miami

MIAMI May 15, 2018 Global law firm Greenberg Traurig, LLP’s Richard F. Davis and Fernando Orrantia will participate in the Hotel Opportunities Latin American (HOLA) conference, May 15-16, in Miami, Florida. The firm’s Michael J. Sullivan will participate at the Caribbean Hotel & Resort Investment Summit (CHRIS) May 16-18, also in Miami. The back-to-back annual conferences gather hotel executives, investors, developers, and industry professionals interested in the hotel markets of Latin...

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New Richmond American Community In Groveland

GROVELAND, Fla., May 15, 2018 -- Richmond American Homes of Florida, LP, a subsidiary of M.D.C. Holdings, Inc. (NYSE: MDC), is excited to introduce The Preserve at Sunrise, a new Seasons™ Collection community showcasing ranch and two-story homes. Prospective homebuyers and area agents are invited to attend a Grand Opening celebration for The Preserve at Sunrise from 11 a.m. to 3 p.m. on Saturday, May 19, 2018, and enjoy model home tours, complimentary lunch and family activities. MORE...

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Goldman Sachs Nears $1 Billion of Consumer Relief Under Mortgage Settlements

BOSTON, May 15, 2018 -- Goldman Sachs has all but reached the $1-billion mark in credit towards fulfilling a $1.8-billion consumer-relief obligation under its two April 11, 2016, mortgage-related settlement agreements with the U.S. Department of Justice and three states, Eric D. Green announced today in his seventh report as independent Monitor of the consumer-relief portions of the agreements. Since Professor Green's previous report on February 15, 2018, Goldman Sachs forgave a...

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Sun West Mortgage’s efforts in Puerto Rico after Hurricane Maria

Sun West Mortgage Corporation – Puerto Rico had been in business for six and one-half years when Hurricane Irma hit the island nation of Puerto Rico. About ten days later, Mother Nature one-upped herself and sent along Hurricane Maria, a storm so powerful that it made Hurricane Irma look like a warm-up act. The island of Puerto Rico (including Sun West Mortgage Corporation’s headquarters in Guaynabo, PR) was dealt an unimaginable weather blow. No one, including the Puerto Rican Government could...

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MVB Bank Names Steve Braden as EVP, Chief Retail Banking Officer

FAIRMONT, W.Va.--(BUSINESS WIRE)--MVB Bank, Inc., today announced the appointment of Steve Braden as Executive Vice President, Chief Retail Banking Officer. Braden has more than 27 years of banking leadership experience focused on clients, business line results, operational excellence and commitment to building strong communities. “We are truly excited to welcome Steve Braden to the MVB family to lead our ongoing efforts for retail banking modernization,” said Larry F. Mazza, President and...

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Miami Luxury Home Sales Soar in 1Q 2018

George C. Jalil, MIAMI Association of REALTORS, Chairman of the Board “Miami real estate continues to see major pent-up demand for luxury properties,” said George C. Jalil, the 2018 MIAMI Chairman of the Board. MIAMI May 15, 2018 Miami luxury home sales surged 12.3 percent in 1Q 2018 as median prices rose for the 25th consecutive quarter, according to a new report by the MIAMI Association of REALTORS® (MIAMI) and the Multiple Listing Service (MLS) system. Total Miami luxury home sales...

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Security National Financial Corporation Reports Financial Results for the Quarter Ended March 31, 2018

SALT LAKE CITY, May 15, 2018 -- Security National Financial Corporation (SNFC) (NASDAQ:SNFCA) announced financial results for the quarter ended March 31, 2018.For the three months ended March 31, 2018, SNFC’s after-tax earnings from operations increased 810.0% from $1,860,000 in 2017 to $16,926,000 in 2018, on a 15.9% increase in revenues to $82,076,000.Scott M. Quist, President of the Company, said, “To have a quarter where we recognize after tax income of nearly $17,000,000 is extraordinary...

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Security National Financial Corporation Reports Financial Results for the Quarter Ended March 31, 2018

SALT LAKE CITY, May 15, 2018 -- Security National Financial Corporation (SNFC) (NASDAQ:SNFCA) announced financial results for the quarter ended March 31, 2018.For the three months ended March 31, 2018, SNFC’s after-tax earnings from operations increased 810.0% from $1,860,000 in 2017 to $16,926,000 in 2018, on a 15.9% increase in revenues to $82,076,000.Scott M. Quist, President of the Company, said, “To have a quarter where we recognize after tax income of nearly $17,000,000 is extraordinary...

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Lennar's Elegant New Townhome Models at Verona Trace are Now Open, Highly Sought-After Community Features Top Class Amenities for Exceptional Value

Lennar's exquisite and spacious new townhome models at Verona Trace The new Verona Trace models are now open and highlight the premium upgrades offered in each home for an unprecedented value combined with second-to-none attention to detail. VERO BEACH, Fla. May 15, 2018 Top South Florida homebuilder Lennar recently introduced its new townhome models at its elegant Verona Trace community, an impeccable paradise that features resort-style amenities for exceptional value in gorgeous...

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