Second Mortgage Canada
MFA Mortgage Investments, Inc. Announces Second Quarter 2006 ...
NEW YORK, Aug. 2 /PRNewswire-FirstCall/ -- MFA Mortgage Investments, Inc. MFA today reported a net loss available to common stockholders of $21.8 million, or a loss of $0.27 per share of common stock, for the second quarter ended June 30, 2006. On July 5, 2006, MFA announced its second quarter dividend of $0.05 per share of common stock. The dividend was paid on July 31, 2006 to stockholders of record as of July 17, 2006.
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Mortgage default notices are rising
More people across the state and capital region are on a track to lose their homes after missing at least two consecutive mortgage payments during April, May and June than during the same months a year ago, according to figures released Wednesday.
Research firm DataQuick Information Systems of La Jolla said Sutter, Placer and Sacramento counties showed some of California's biggest increases in pre-foreclosure activity during the three-month period, while El Dorado County had one of the lowest quarterly increases.
The property researcher attributed the rise in default notices -- documents filed with the county recorder's office when homeowners miss at least two consecutive mortgage payments -- to slowing home appreciation that makes it harder for people behind on mortgages to sell their residences and pay off lenders.