Items Tagged with 'Columbia'


  • Columbia Profs Tackle Loan Mods

    Three Columbia University professors are the latest to weigh in on the much-discussed topic of loan modifications in a report released late last week. In a two part proposal, which suggests creating financial incentives for servicers and reducing the red tape around workouts, the academics provide what they consider a comprehensive solution to boost modifications to troubled home loans that have been bundled into mortgage bonds.
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  • Columbia Bancorp to Exit Mortgage Business

    Columbia Bancorp [stock CBBO][/stock], the holding company of Columbia River Bank, said Friday it will exit the mortgage business and eliminate nearly 75 jobs. The Oregon-based company said in a press statement that it was looking to "streamline its overall business operations in response to the current banking environment."
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  • Martin, Leigh, Laws & Fritzlen Add Five New Attorneys

    As the foreclosure mess has continued to push forward, those law firms that specialize in protecting creditor's rights have seen business booming like never before. Missouri and Kansas-based Martin, Leigh, Laws & Fritzlen, P.C. -- one the Midwest's larger such law firms -- said earlier this week that it has brought five new attorneys on board to help the firm manage its growing workload.
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  • NMN: Fieldstone Not Funding Loans

    Confirming emails sent to me this morning, National Mortgage News is breaking the story today that Fieldstone Investment Corp. -- recently purchased by C-BASS -- has stopped funding loans amid a burgeoning liquidity crisis at its corporate parent:
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