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News, Page 12

Retire with Your Mortgage or Refinance?

If you are age 55 or older and plan to retire in a decade or so, you need to evaluate your retirement funds and your desire to pay off your mortgage before signing that refinance application.

Nationstar Mortgage (NSM) Stock Is Down Today After Pricing Public Offering

NEW YORK (TheStreet) — Shares of Nationstar Mortgage were falling 9.6% to $28.17 on heavy trading volume Wednesday after the mortgage investment company announced the pricing of 17.5 million shares of common stock in its public offering. Nationstar Mortgage priced the 17.5 million shares of common stock in the public offering for gross proceeds of about $500 million. The underwriters of the …

Impac Mortgage Holdings, Inc. Announces Year End 2014 Results

Impac Mortgage Holdings, Inc. announces the financial results for the year ended December 31, 2014. For the year ended 2014, the Company reported a net loss of $6.3 million or $ per diluted common share, as compared to a net loss of $8.2 million or $ per diluted common share for the year ended 2013.