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Home Construction Loan - News Articles

C-Ville: Development - A timeline of the Landmark Hotel tragedy

C-Ville Weekly, VA
An Atlanta, Georgia-based real estate financing company, which gave Minor a $23.7 million construction loan for the Landmark Hotel. SFG is owned by Silverton Bank (previously known as The Bankers Bank), a lender that expanded rapidly during the real estate boom. It has $3.1 billion in assets, according to its website. ...
News - Queensland Business Review

Queensland Business Review, Australia
The Australian Bureau of Statistics report for February shows a 2.6 percent rise in construction loans, and a 4.2 percent lift in loans for new dwellings. Housing Industry Association Chief Economist, Harley Dale, says first home buyers continue to be a major component of the recovery in housing. “New home lending has been trending higher since ...
Vacant lots fill subdivisions as builders go bust | IndyStar.com | The Indianapolis Star

Indianapolis Star, United States
Builder-deserted subdivisions can see sharp drops in home values. "It gets very difficult to finance a home once the builder has left," in part because there tend to be fewer comparable sales to base an appraisal on, said Kim Hockaday, a loan officer for First Mortgage of Indiana. Homebuyers can lose down payments and escrowed funds and ...
The Times West Virginian - Program to assist families, builders

Times-West Virginian, WV
If a family wants to buy a new home or a home that’s never been lived in, they can apply for a loan from a Housing Development Fund lender. Virtually every major bank or lending institution in West Virginia particulates in this program, he said. During the first three years of the mortgage loan, the interest rate is lowered to below market to ...
GTAM Linens 'n Things going out of business: Destin store will sell off inventory, then close
Tuesday, October 21, 2008
Trading Markets (press release), CA -
DESTIN, Oct 21, 2008 (Northwest Florida Daily News - McClatchy-Tribune Information Services via COMTEX) -- GTAM | Quote | Chart | News | PowerRating -- If you've seen the signs on the windows of Linens 'n Things in the Shoppes at Paradise Pointe, you know ...
TSFG The South financial Group: Losses rise at largest S.C. based bank
Wednesday, October 22, 2008
Trading Markets (press release), CA -
Oct 22, 2008 (The State - McClatchy-Tribune Information Services via COMTEX) -- TSFG | Quote | Chart | News | PowerRating -- Losses at Carolina First parent , The South Financial Group, widened in the third quarter, the Greenville company reported Tuesday. ...
First Mariner Reports 3rd Quarter Results - International Business Times -
Tuesday, October 21, 2008
International Business Times, NY -
BALTIMORE, Oct. 21 /PRNewswire-FirstCall/ -- First Mariner Bancorp(Nasdaq: FMAR), parent company of First Mariner Bank and Mariner Finance, LLC,announced that its loss for the third quarter of 2008 narrowed to $2.282million (-$.36 per diluted share) compared to a ...
First Mariner Reports 3rd Quarter Results - MarketWatch
Tuesday, October 21, 2008
MarketWatch -
, , ) , parent company of First Mariner Bank and Mariner Finance, LLC, announced that its loss for the third quarter of 2008 narrowed to $2.282 million ...
First Mariner Bancorp narrows loss amid economic downturn - Baltimore Business Journal:
Tuesday, October 21, 2008
Bizjournals.com, NC -
First Mariner Bancorp posted a $2.3 million loss for the third quarter, improved from the same period a year ago though the bank continues to struggle with issues stemming from the mortgage crisis. The Baltimore bank’s third quarter losses were down about 36 percent ...
First Mariner reports $2.28 million third-quarter loss -- baltimoresun.com
Wednesday, October 22, 2008
Baltimore Sun, United States -
By Eileen Ambrose First Mariner Bancorp said yesterday it lost $2.28 million in the third quarter because of the weak housing market and an investment in Washington Mutual, the lender seized by regulators last month. The loss of 36 cents a share is less ...
Eagle Financial Services, Inc. Announces Third Quarter Results and Quarterly Dividend - MarketWatch
Tuesday, October 21, 2008
MarketWatch -
, , ) , the holding company for Bank of Clarke County, whose divisions include Eagle Investment Group, announces financial results for the quarter ended September 30, 2008 and a quarterly dividend. The Company's common stock is listed for trading on the Over-the-Counter ...
Sonoma Valley Bancorp Announces Record Total Assets for the Third Quarter - MarketWatch
Tuesday, October 21, 2008
MarketWatch -
, , ) , the holding company for Sonoma Valley Bank, posted record total assets of $317 million at September 30, 2008, up 6.4% from $298 million as of ...
Bank of Virginia Announces Third Quarter and Year-to-Date Earnings - MarketWatch
Tuesday, October 21, 2008
MarketWatch -
, , ) ( www.bankofva.com), announced the Bank's third quarter 2008 financial performance today. The Bank reported a profit of $117 thousand or $0.04 cents per basic and diluted earnings per share. These results continue to demonstrate the Bank's dedication to concentrate on growing ...
SeaBright Insurance Holdings Reports Third Quarter and Nine-Month 2008 Results - MarketWatch
Tuesday, October 21, 2008
MarketWatch -
Net income for the third quarter was $1.8 million or $0.08 per fully diluted share compared to $9.7 million or $0.46 per fully diluted share in the same period in 2007. Total revenue for the period increased 4.9% to ...
Cybex Announces Third Quarter Results - MarketWatch
Tuesday, October 21, 2008
MarketWatch -
, , ) , a leading manufacturer of premium exercise equipment for the commercial and consumer markets, today reported results for its third quarter ended September 27, 2008. ...
Cascade Financial Reports Strong Third Quarter Operating Results, Credit Quality Improves, Remains Well Capitalized - MarketWatch
Tuesday, October 21, 2008
MarketWatch -
, , ) , parent company of Cascade Bank, today reported third quarter earnings of $0.38 per diluted share and year to date earnings of $0.90 prior to an Other Than Temporary Impairment (OTTI) charge on Fannie Mae and Freddie Mac preferred shares. Excluding the OTTI charge, third ...
Aastra Reports Third Quarter Financial Results - MarketWatch
Tuesday, October 21, 2008
MarketWatch -
TORONTO, ONTARIO, Oct 21, 2008 (MARKET WIRE via COMTEX) -- Aastra Technologies Limited - (CA:AAH: news, chart, profile) today announced its unaudited ...
Guaranty Federal Bancshares, Inc. Announces Third Quarter 2008 Financial Results - MarketWatch
Tuesday, October 21, 2008
MarketWatch -
The Company announces that earnings for the third quarter ended September 30, 2008 were $.11 per diluted share, or $299000, an increase of 111% from the ($.96) per diluted share during the second quarter ended June 30, 2008. This was a decrease of 81% from ...
CTG Reports Third Quarter Earnings Per Share Increase of 117% on 11% Revenue Growth - MarketWatch
Tuesday, October 21, 2008
MarketWatch -
, , ) , an international information technology (IT) solutions and services company, today announced its financial results for the 2008 third quarter which ended on September 26, 2008. CTG reported revenue growth of 10.6%, or $8.5 million, to $89.1 million compared ...
Fulton Financial Reports Third Quarter Earnings - MarketWatch
Tuesday, October 21, 2008
MarketWatch -
, , ) earned $29.1 million for the third quarter ended September 30, 2008, a 13.4 percent decrease from the same period in 2007. The increase was due to an increase in fee income on deposit accounts of $4.9 million, an increase due ...

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