At BankUnited, Worst May Be to Come

Fajt, Marissa
August 2008
American Banker;8/15/2008, Vol. 173 Issue 158, p1
Trade Publication
The article discusses BankUnited Financial Corp., focusing on the bank's efforts to raise the capital it needs to survive the losses accrued against its single-family mortgage portfolio. Even more losses are expected in August 2008, the article states, when the bank resets its adjustable-rate mortgages (ARM's).


Related Articles

  • Capital sensitivity. Simmons, Linda C. // Mortgage Banking;Dec96, Vol. 57 Issue 3, p91 

    Focuses on the importance of capital sensitivity in a mortgage business. Translation of goals into equations that involve capital and what projects can do for the capital position of the company; Role of profit per loan or shareholder value added; Criteria that measures the survivability of an...

  • Breach of trust -- commercial lenders beware. Osgood, Mark; Hall, James // Mortgage Finance Gazette;Feb2013, p34 

    The article discusses the opportunities of commercial lenders and residential lenders for recoveries based on breach of trust obligations in cases of solicitor negligence and property fraud in Great Britain. It suggests commercial lenders to speak with a specialist lawyer to review the standard...

  • Net computer economics. Allen, Leilani // Mortgage Banking;Mar98, Vol. 58 Issue 6, p105 

    Looks at Jacksonville, Florida-based Bombardier Mortgage's utilization of a PC-based servicing system to process and service mortgage loans. Contrasts between PC-based and network-based computing for mortgage loan servicing; Support cost issues; Bombardier's utilization of a limited number of...

  • Platform bidding to build up its remortgage sales.  // Money Marketing;2/5/2004, p20 

    Reports that Platform has increased its focus on remortgaging with new range of products. Expansion of criteria on remortgages; Acceptance of unlimited capital-raising for any purpose; Launch of a bonus discount.

  • Kondaur Prevails in HUD Loan Auction. Muolo, Paul // American Banker;3/25/2011, Vol. 176 Issue F312, p6 

    The article reports that Kondaur Capital Corp. of Orange, California was the winning bidder at an auction for a nonperforming mortgage loan portfolio conducted by the U.S. Department of Housing & Urban Development.

  • Regulators plan to scuttle limits on servicing assets. Anason, Dean // American Banker;7/23/1997, Vol. 162 Issue 140, p2 

    Explains the proposal by federal regulators in the United States to scrap limits on the amount of mortgage-servicing assets that a bank or thrift can use to meet capital requirements. Imposition of the 50-percent limit in January 1991 to cope with risks to mortgage-servicing income posed by...

  • Cambridge Reports Lenders Providing Greater Input.  // National Mortgage News;7/16/2001, Vol. 25 Issue 41 

    Reports on the shift in the source of the product of Cambridge Realty Capital Ltd. Assistance in facilitating requirements to pay down loans and assist clients in refinancing; Senior housing and health care financing services of Cambridge Realty.

  • GECMI Slips to No. 3 in MI Policies.  // National Mortgage News;5/13/2002, Vol. 26 Issue 33, p1 

    Discusses the factors contributing to the decline of the mortgage loan services of GE Capital Mortgage Insurance in Washington. Retirement of Chairman Jack Welch; Collapse of its stocks; Statistics of the company's loan servicing.

  • New Lender Aims to Rack Up Construction Volume.  // National Mortgage News;5/24/2010, Vol. 34 Issue 34, p22 

    The article provides an overview on the loan services offered by Presidio Residential Capital in San Diego, California.


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics