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Century Mortgage Company

Century Mortgage Company

We are the premier Mortgage Lender in Bowling Green, KY. Specializing in Home Loans, Residential Mortgage Loans, Mortgage Loans, Refinance ...

American Century Companies Inc. Sells 76684 Shares of Granite Point Mortgage Trust Inc (GPMT)

American Century Companies Inc. cut its holdings in shares of Granite Point Mortgage Trust Inc (NYSE:GPMT) by 16.1% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 399,012 shares of the company’s stock after selling 76,684 shares during the period. American Century Companies Inc. owned 0.92% of Granite Point Mortgage Trust worth $7,322,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of the company. Wasatch Advisors Inc. purchased a new stake in shares of Granite Point Mortgage Trust in the first quarter valued at approximately $546,000. Wedbush Securities Inc. bought a new position in Granite Point Mortgage Trust in the first quarter worth approximately $250,000. SG Americas Securities LLC bought a new position in Granite Point Mortgage Trust in the first quarter worth approximately $110,000. Resource America Inc. bought a new position in Granite Point Mortgage Trust in the first quarter worth approximately $4,234,000. Finally, Schwab Charles Investment Management Inc. raised its stake in Granite Point Mortgage Trust by 5.9% in the first quarter. Schwab Charles Investment Management Inc. now owns 208,032 shares of the company’s stock worth $3,441,000 after buying an additional 11,520 shares in the last quarter. 65.09% of the stock is currently owned by institutional investors and hedge funds.

'We don't go into business to lose money'

On Aug. 15, attorneys for a northeastern-based investment trust bought back the nearly 800,000-square-foot Bon Carré Business Center for $10,000 in a foreclosure sale on the steps of the federal courthouse downtown. The auction lasted just minutes, an anticlimactic end to a lawsuit filed months earlier, when Bon Carré’s owner—the Baton Rouge Area Foundation’s real estate company, Commercial Properties Realty Trust—defaulted on a $36 million mortgage.

The lawsuit stunned the local business community. Bon Carré was the first major project the foundation had undertaken in the early 2000s after getting into the real estate development business. Moreover, it was one of the most ambitious—a former shopping mall-turned-budding-tech-park that CPRT had acquired out of bankruptcy to stabilize and enhance while also hoping to revitalize the surrounding low-income neighborhood.

As an investment, Bon Carré was always challenging because of its size and location. But everyone understood it was as much about making an impact as it was about making money, so no one expected BRAF’s real estate company to walk away from it.

I need to come up with a company logo. The name of the company is Century Mortgage. Any suggestions?


i could up with a few for ya. you can send me a email and let me know what it is exactly what you had in mind..will you be printing this logo on anything?