Items Tagged with 'Columbus'

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  • Lender Raises $9,000 for MDA

    Executives from the Columbus, Ohio-based Residential Finance Corporation (RFC) competed for “bail money” after they were “arrested for having a big heart” and raised $9,000 at a fundraiser the mortgage lender hosted to benefit the Muscular Dystrophy Association (MDA).
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  • Relocation, Relocation, Relocation

    Relocation is what it's all about for homeowners unsatisfied with the declining house prices and rising joblessness in tight local markets, according to survey results released Thursday by Relocation.com.
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  • Home Sales Rise With Foreclosures: Report

    So-called "motivated sales," or foreclosures, drove a 7 percent increase in home sales across the nation in December, according to data released Wednesday by Radar Logic Inc., a New York-based real estate data and analytics company.
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  • One Voice Less

    Terrible news to start Monday. The community of those of us that write about the mortgage industry is small to begin with, and the community of those considered "mortgage bloggers" is even smaller than that. Which makes news today of the passing of Doris Dungey -- Tanta to those who read her work over at Calculated Risk -- a very sad day, indeed, and a reminder that there are larger issues than the nation's housing crisis at work.
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  • No Downturn Here: Residential Finance Expands, Hires

    It's not the RFC most of us with a history in the industry know, but Columbus, Ohio-based lender Residential Finance Corporation said Wednesday that the company had expanded operations in Tampa, Fla. with a move to Class A office space at One Metro Center in the MetWest International Office Park. The space was previously occupied by IndyMac Bank, F.S.B.; in the move, RFC also increased staff by twenty-five percent, adding 15 new employees.
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  • Irwin Financial Posts Loss as it Exits Home Lending

    Already out of traditional mortgage banking, Columbus, Ind.-based Irwin Financial Corp. [stock IFC][/stock] reported a $107 million second quarter loss as it looks now to exit home equity lending, as well -- part of the bank's restructuring plan that will see it refocus almost entirely on small business and local lending, after a foray into national mortgage banking left it facing mounting losses in the past year.
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  • Study: Vacant and Abandoned Properties Cost Ohio $64 Million

    Abandoned homes and vacant lots are much more than an eyesore in major urban areas of Ohio -- a new study released Tuesday finds that they're costing city governments at least $64 million per year. The total is likely much more than that figure, according to a study by the Community Research Partners of Columbus, which said Tuesday that the cost may actually be 10 times greater once the costs to all cities and towns in Ohio are fully accounted for -- and if cities uniformly inventoried all of the vacant and abandoned property within their jurisdictions.
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