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First Western Mortgage

Homeloans & Mortgages Perth West Australia

www.homeloans.adsonvids.com.au CHOICE HOME LOANS CARINE WESTERN AUSTRALIA are a family financial consultancy. They specialise in home loans ...

Hancock Holding Co. Raises Position in Western Asset Mortgage Capital Corp (WMC)

Hancock Holding Co. increased its position in shares of Western Asset Mortgage Capital Corp (NYSE:WMC) by 16.7% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 70,000 shares of the financial services provider’s stock after buying an additional 10,000 shares during the period. Hancock Holding Co. owned 0.17% of Western Asset Mortgage Capital Corp worth $684,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the stock. Van ECK Associates Corp raised its position in shares of Western Asset Mortgage Capital Corp by 2.4% in the fourth quarter. Van ECK Associates Corp now owns 164,592 shares of the financial services provider’s stock valued at $1,657,000 after buying an additional 3,864 shares during the period. IndexIQ Advisors LLC boosted its stake in shares of Western Asset Mortgage Capital Corp by 12.5% in the first quarter. IndexIQ Advisors LLC now owns 43,846 shares of the financial services provider’s stock valued at $428,000 after buying an additional 4,873 shares during the period. Teachers Advisors LLC boosted its stake in shares of Western Asset Mortgage Capital Corp by 10.6% in the fourth quarter. Teachers Advisors LLC now owns 74,901 shares of the financial services provider’s stock valued at $754,000 after buying an additional 7,164 shares during the period. UBS Asset Management Americas Inc. boosted its stake in shares of Western Asset Mortgage Capital Corp by 24.5% in the third quarter. UBS Asset Management Americas Inc. now owns 41,192 shares of the financial services provider’s stock valued at $429,000 after buying an additional 8,100 shares during the period. Finally, Wells Fargo & Company MN boosted its stake in shares of Western Asset Mortgage Capital Corp by 8.5% in the first quarter. Wells Fargo & Company MN now owns 108,839 shares of the financial services provider’s stock valued at $1,064,000 after buying an additional 8,507 shares during the period. 33.73% of the stock is owned by institutional investors and hedge funds.

Home Prices Through The Roof Again--Time To Worry?

The story that helped build Nevada was that you came here, worked hard and could soon buy a home.

That story is being edited. Home prices are through the roof, especially in Reno.

It’s pretty well-known that apartment rents are rising in Nevada’s two urban hubs, Las Vegas and Reno. But home prices?

In Reno, the Reno-Gazette Journal recently reported that a home that cost you $135,000 in 2012 will cost you more than $320,000 today. For first time homeowners and millennials at the lower end of the pay scale, that kind of mortgage payment is almost impossible to make.

However, Mike Kazmierski with the Economic Development Authority of Western Nevada told KNPR's State of Nevada that while those prices seem high it is important to keep them in perspective. 

"That same house that you're talking about for $320,000 - three bedroom, two car garage with a nice sized lot - that would be a million dollars in the Bay Area," he said.

He also believes that while prices have gone up dramatically they will now flatten out and stay in the $350,000 range for a while.

How can one mortgage holder "sometimes" charge a processing fee but the other can not?

Aside from language that may be in either mortgage contract, is there a recent law or Court decision that keeps this from being collected in Ohio? What is it?





I live in Ohio.