Real Estate: Mortgage

William Pitt and Julia B. Fee Sotheby’s International Realty Releases...

Fairfield and Litchfield Counties, Conn., Westchester County, N.Y., and Berkshires, Mass. April 17, 2017 A report detailing market results for the first quarter of 2017 in Fairfield and Litchfield Counties and the Shoreline in Connecticut, the Berkshires in Massachusetts, and Westchester County, New York, has just been released by William Pitt and Julia B. Fee Sotheby’s International Realty, the company announced today. The report found that most markets posted increases...

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Wholesale Property Depot Now Helping Homeowners Quickly Sell Their Homes During a Divorce

Past News Releases RSS Jacksonville, Florida August 25, 2017 Wholesale Property Depot (http://www.paycash4houses.net) is now making divorcing couples’ lives a bit easier by offering cash for a quick, stress-free sale of the family home in Jacksonville, Florida. “We understand how difficult divorce is, especially when it comes to selling the place where you intended to make lifelong memories as a family,” said company spokesperson, Veronica Hernandez. “Emotions...

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Westgate Resorts Completes Securitization of Timeshare Loans

ORLANDO, Fla., April 10, 2017 -- On April 6, 2017, Westgate Resorts completed a securitization through Westgate Resorts 2017-1 LLC (the "Issuer"). The Issuer sold $175 million of notes (the "Notes") to various capital markets investors, including a number of investors that have participated in prior Westgate securitizations. The Notes were offered in a private placement within the United States to qualified institutional buyers pursuant to Rule 144A and outside the United States in accordance...

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Western Asset Mortgage Capital Corporation To Report Third Quarter 2017 Financial Results

Individuals interested in participating in the conference call may do so by dialing (866) 235-9914 from the United States, or (412) 902-4115 from outside the United States and referencing "Western Asset Mortgage Capital Corporation." Those interested in listening to the conference call live via the Internet may do so by visiting the Investor Relations section of the Company's website at www.westernassetmcc.com. The Company is...

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Western Asset Mortgage Capital Corporation Declares Third Quarter Dividend Of $0.31 Per Share

In addition, the Company estimates that its book value per share, as of August 31, 2017, was approximately $10.97.  The August 31, 2017 estimated book value is unaudited, has not been verified or reviewed by any third party and is subject to normal quarterly reconciliation and other procedures.  Further, the estimated book value is as of August 31, 2017 and does not include the dividend announced today.  Book value will fluctuate with market conditions, the results of the Company's...

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Western Asset Mortgage Capital Corporation Announces Proposed Public Offering Of Convertible Senior Notes Due 2022

The Notes will pay interest semiannually and are expected to mature on October 1, 2022, unless earlier converted, redeemed or repurchased.  The Company will have the right to redeem the Notes on or after July 1, 2022. Prior to July 1, 2022, the Notes will be convertible only upon certain circumstances and during certain periods, and thereafter will be convertible at any time prior to the close of business on the business day immediately preceding the  maturity date of the Notes. The Notes...

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Western Asset Mortgage Capital Corporation Announces Pricing Of $100,000,000 Of Convertible Senior Notes Due 2022

The Notes will bear interest at a rate equal to 6.75% per year, payable semiannually in arrears on April 1 and October 1 of each year, beginning on April 1, 2018 and will mature on October 1, 2022, unless earlier converted, redeemed or repurchased.  The Company will have the right to redeem the Notes on or after July 1, 2022. Prior to July 1, 2022, the Notes will be convertible only upon certain circumstances and during certain periods, and thereafter will be convertible at any time prior to...

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Wells Fargo Helps Raise Awareness for HomeAid at PCBC

Wells Fargo donates to HomeAid America, a building industry charity fighting homelessness. San Diego, CA June 29, 2017 HomeAid America, a building industry charity and one of the nation’s largest builders of housing for the homeless, was sponsored by Wells Fargo to host an “unselfie” photo booth at the Pacific Coast Builder Conference in San Diego on June 28-29th. As part of this promotion, Wells Fargo donated $20,000 to the charity. Wells Fargo has been a long-time supporter...

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Wells Fargo ARM Borrowers May Be Owed Billions in Refunds

Class Action Alleges Fraud, Theft, Mail Fraud and Extortion by Wells Fargo LOS ANGELES, CALIFORNIA, USA, October 10, 2017 () -- A class action filed in the U.S. District Court of Los Angeles alleges that hundreds of thousands of WELLS FARGO Adjustable Rate Mortgage borrowers across the U.S. may be owed, collectively, billions in refunds for payment increases collected through invalid demands sent by the bank. The lawsuit also seeks to stop and roll-back foreclosures on borrowers who failed or refused...

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Webster Financial Corporation Releases Results of 2017 Dodd-Frank Act Stress Test

Webster Financial Corporation's and Webster Bank's regulatory capital ratios continue to significantly exceed well-capitalized levels throughout the nine-quarter stress test period. Results are based on a forward-looking exercise using hypothetical severely adverse macroeconomic assumptions developed and provided by the Federal Reserve Board and the Office of the Comptroller of the Currency, and do not represent Webster's economic forecast. ...

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Webster Financial Corporation Declares Common Dividend

On its Series E Preferred Stock, Webster declared a quarterly cash dividend of $400.00 per share ($.40 per each depository share, 1,000 of which represent one share of Series E Preferred Stock), payable September 15, 2017 to shareholders of record on September 1, 2017. About WebsterWebster Financial Corporation is the holding company for Webster Bank, National Association. With $26.2 billion in assets, Webster provides business and consumer...

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Webster Financial Corporation Announces CEO Succession

John R. Ciulla, President, will become the company's CEO and a member of the holding company's Board of Directors. Ciulla will succeed Smith, who has served as Webster's CEO since 1987, and will be the third CEO in Webster's 82-year history. These changes, effective January 1, 2018, reflect the culmination of a multi-year leadership succession planning process. "It has been an honor to lead Webster and work with our...

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Webster Executive Vice Chairman Joseph J. Savage to Retire

WATERBURY, Conn., May 4, 2017 -- Webster Financial Corporation (NYSE:  WBS), parent of Webster Bank, announced today that Executive Vice Chairman Joseph J. Savage will retire effective June 30 following a distinguished 40-year career in banking, culminating in 15 years of outstanding service to Webster. Savage joined Webster in April 2002 as executive vice president, Commercial Banking. He was promoted to president in 2014 and to the board...

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Webster Announces New Chief Accounting Officer

Wang has more than 20 years of accounting, tax, and audit experience. He previously served as executive vice president and chief accounting officer of Banc of California. Prior to that, he held positions of increasing responsibility at Santander Bank, N.A., most recently as senior vice president and chief accounting officer, and at PricewaterhouseCoopers LLP. As chief accounting officer, Wang will oversee corporate accounting functions...

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WCI, a Lennar Company, Breaks Ground on New Luxury Lakefront Community...

Local dignitaries and Lennar representatives break ground at Parkland Bay At Parkland Bay, we want people to feel like they’re coming to a resort, but they get to stay, they get to live here. Parkland, FL April 27, 2017 WCI, a Lennar Company, broke ground on Wednesday, April 26 for its latest master-planned luxury community surrounding a 178-acre lake in Western Broward County – Parkland Bay. The historic event took place on the future site of Parkland...

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