NYSE Amex Accepts Eastern Light's Plan to Meet Continued Listing Standards
MarketWatch (press release)
ELC is a specialty lender, organized as a REIT that has invested in high yielding, mortgage loans located primarily in California. ...

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Parkway Properties Purchases Note for $33 Million
PR Newswire (press release)
(NYSE: PKY) announced today the purchase of a first mortgage note secured by three properties owned by RubiconPark I, LLC from Special Servicer JE Robert ...

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PMI Mortgage Insurance Co. Sells Investment in FGIC Corporation
PR Newswire (press release)
While the proceeds from the sale of FGIC were not significant, PMI Mortgage Insurance Co. could potentially realize certain tax benefits in future periods ...

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SEC Said to Name Federal Prosecutor Martens Chief Litigator
BusinessWeek
Matthew Martens, an assistant US attorney in North Carolina, agreed to be chief litigation counsel, said two people familiar with the matter who declined to ...
NC prosecutor may get SEC jobNews & Observer

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Sibling rivalry over family home: No one wins
Washington Post
The house is free and clear of any mortgage, and I have been paying the real estate taxes and insurance since our mother died. However, I do not have enough ...

Galleon, BP, Visa, New Star, Kebble, EU-Budweiser, WestLB in Court News
Bloomberg
“Even in late 2007, as the mortgage market was rapidly deteriorating, Citigroup boasted of superior risk-management skills in reducing its subprime exposure ...

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The PMI Group, Inc. Reports Second Quarter 2010 Financial Results
PR Newswire (press release)
US Mortgage Insurance Operations had a net loss of $115.6 million in the second quarter of 2010 compared to a net loss of $175.8 million in the second ...

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Meridian Mortgage founder seeks personal Chapter 11 bankruptcy protection
Seattle Times
Seattle businessman Darren Berg, who raised upward of $145 million for several Meridian Mortgage investment funds that are now in bankruptcy court, ...

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Many Bay Area homeowners in real estate limbo
San Jose Mercury News
Thomas stopped paying his mortgage in late 2008 after he lost overtime pay and while he was seeking a loan modification. He was offered a trial modification ...

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SEC's Demand That Goldman Admit `Mistake' Could Spur Lawsuits
Bloomberg
Royal Bank of Scotland Group Plc, which purchased a company that lost about $841 million on the mortgage security, hasn't ruled out filing a lawsuit, ...
Goldman Sachs Reports Second Quarter Earnings Per Common Share of $0.78 ...MarketWatch (press release)
Goldman settles Abacus caseStructured Credit Investor (subscription)
Goldman: Lower Top-Line GrowthDaily Markets
Salon
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