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Homebuilders Revive Stalled US Projects as Banks Unload Lots Bloomberg 8 (Bloomberg) -- Builders are buying lots at less than half their original prices from lenders eager to move distressed construction loans off their books. ... |
Pacific Mercantile Bancorp Formalizes Regulatory Agreements MarketWatch (press release) The four Orange County financial centers are located, respectively, in the cities of Newport Beach, Costa Mesa (which is visible from the 405 and 73 ... |
Analysis: Mortgage policy guessing game for investors Reuters "The mortgage market is on the expensive side right now but it was crazy (costly) a month ago," said Scott Simon, who oversees MBS and ABS at Newport Beach, ... |
Orange County Business Bank Announces Financial Results MarketWatch (press release) The Bank maintains its administrative offices at 4675 MacArthur Court, Suite 100, Newport Beach. The Bank's website is www.ocbusinessbank.com. ... |
Investors: One-in-three chance of a double-dip InvestmentNews The most bearish prediction — “way over 50%” chance of a double dip — came from Robert Arnott, chairman of Research Affiliates LLC, Newport Beach, Calif. ... |