Interest Rate Markets March 31, 2010
→ Bank of Commerce Holdings Announces Successful Closing of Common Stock Offering
Patrick J. Moty, President & CEO of Bank of Commerce Holdings (NASDAQ:BOCH) , a $813 million financial services holding company, and parent company of Redding Bank of Commerce(TM), Roseville Bank of Commerce(TM), and Bank of Commerce Mortgage(TM) today announced that it has closed the previously announced public offering of 7,200,000 shares of its common stock at $4.25 per share. The Company received net proceeds from the offering of approximately $28.8 million, after underwriting discounts and commissions and estimated expenses. The shares were sold in an underwritten public offering by Howe Barnes Hoefer & Arnett, Inc. acting as lead manager. -- Redding Bank of Commerce,Patrick J. Moty,Redding California 03/31/2010
→ Cimcon Software Reaffirmed as Market Leader for Enterprise Spreadsheet Management by Bloor Research
CIMCON Software, Inc., the Pioneering Market Leader in Spreadsheet Governance, Risk and Compliance (GRC), today announced that its Market Leadership in Enterprise Spreadsheet Management has been reaffirmed by Bloor Research, a leading U.K.-based analyst firm. -- CIMCON Software, Inc.,Carlos Morgado,Boston 03/29/2010
→ Washington Mutual, Inc. Files Plan of Reorganization and Disclosure Statement
Washington Mutual, Inc. (Pink Sheets: WAMUQ) ("WMI" or the "Company") today announced that it has filed a Plan of Reorganization (the "Plan") and Disclosure Statement (the "Disclosure Statement") with the United States Bankruptcy Court for the District of Delaware (the "Bankruptcy Court"). The Plan implements and incorporates the terms of the global settlement agreement (the "Settlement") reached among WMI, JPMorgan Chase Bank, N.A. (NYSE:JPM) ("JPMC") and the Federal Deposit Insurance Corporation ("FDIC"), which was announced to the Bankruptcy Court on March 12, 2010 and is set forth in the draft settlement agreement annexed to the Plan. The provisions of the proposed settlement agreement have been agreed to by WMI, JPMC and significant creditor groups of the Company. As of this date, the FDIC has not agreed to all of the provisions contained in the draft settlement agreement. However, discussions are ongoing among the parties and they are hopeful that such agreement will be obtained in the near future. -- Washington Mutual, Inc.,Andrew Siegel,Seattle 03/29/2010
→ Alliance New York Municipal Income Fund Releases Monthly Portfolio Update
Alliance New York Municipal Income Fund, Inc. (NYSE:AYN) (the "Fund") today released its monthly portfolio update as of February 28, 2010. -- Alliance New York Municipal Income Fund, Inc.,Shareholder Contact,New York 03/29/2010
→ Alliancebernstein Global High Income Fund Releases Monthly Portfolio Update
AllianceBernstein Global High Income Fund, Inc. (NYSE:AWF) (the "Fund") today released its monthly portfolio update as of February 28, 2010. -- AllianceBernstein Global High Income Fund, Inc.,Shareholder Contact,New York 03/29/2010
→ Alliancebernstein Income Fund Releases Monthly Portfolio Update
AllianceBernstein Income Fund, Inc. (NYSE:ACG) (the "Fund") today released its monthly portfolio update as of February 28, 2010. -- AllianceBernstein Income Fund, Inc.,Shareholder Contact,New York 03/29/2010
→ Bank of America`s Mortgage Reduction Program - The Only Way to Go?
On Wednesday, March 24, 2010, Bank of America announced that it will forgive some troubled mortgages debt in order to provide assistance in stabilizing the economy and housing market, reports Solomon Finance. With further dropping housing sales and house values, increasing alternative lending such as payday loans due to less traditional credit availability, and pressure from both homeowners and investors, the lending giant will start reducing mortgage balances to a select group, possibly leading other banks to follow suit if things work out well. -- Solomon Finance,Mia Nguyen,Pittsburgh 03/29/2010
→ Banking Department to Share in $1.25 Million Settlement With Citifinancial
The Department of Banking today hailed the results of an examination of CitiFinancial mortgage practices that yielded a $1.25 million settlement involving 35 states. Pennsylvania will receive nearly $96,500, the second-largest share. -- Offical Pennsylvania State Police Web Site,Ed Novak,Harrisburg Pa. 03/25/2010
→ More Than 4 Million Families Face Foreclosure
Data published by ForeclosureListings.com comparing February 2010 to January 2010 shows that Texas has witnessed the highest increase in foreclosures with a rise of 35.3%, followed by Michigan at 17.54%, California at 11.93%, and Florida at 4.71% increases. Georgia actually showed a decrease of 5.55% and Arkansas showed the largest drop in foreclosures down 28.6%. -- ForeclosureListings.com,Kevin Simpson,New York 03/24/2010
→ NEW Campaign Demonstrates `the Weichert Difference`
Weichert, Realtors recently launched a recruiting campaign aimed at illustrating the key advantages it offers real estate professionals. The campaign, based on the theme “The Weichert Difference,” details the unique products and support the company offers to sales associates. -- Weichert Realtors,Matthew Ward,Morris Plains Nj 03/24/2010
→ The Muller Company Awarded Three New Property Management Contracts Totaling Over 1.9 Million SF
LAGUNA HILLS, CALIF. – The Muller Company, a full service real estate company specializing in management, investment and development of commercial real estate in the western United States, announces today that the firm has been awarded three new management contracts totaling over 1.9 million square feet. DCT Industrial Trust, Inc. selected The Muller Company to manage its Phoenix portfolio of 14 industrial buildings totaling over 1.6 million square feet; Bank of America awarded The Muller Company a contract to manage Creekside Executive Center in Camarillo, Calif., a two-story office building and 13 office/medical condos totaling 73,892 square feet; and the firm also received a management contract from a leading global financial services company for a 19-story, 255,477-square-foot office building in Phoenix. -- The Muller Company,Anne Monaghan,LAGUNA HILLS CA 03/24/2010
→ Deloitte Reports Commercial Real Estate Potentially Hits Bottom in 2010
Despite Adverse Conditions, Optimistic Investors Find Opportunities via Distressed Assets -- Deloitte,Elizabeth Fogerty,New York 03/23/2010
→ Bankrate Releases First Ever Rewards Checking Survey
Bankrate's new 2010 Rewards Checking Survey takes a look at the growing high-yield offering and what requirements consumers must meet -- Bankrate.com,Chris Spagnuolo,New York 03/23/2010
→ Fannie Mae Releases Mission Performance Report
Fannie Mae (NYSE:FNM) today released "Helping Housing Recover: A Report on Fannie Mae's Mission Performance," which describes the company's efforts to provide liquidity, stability and affordability to the nation's housing finance system. -- HomePath,Brian Faith,Washington 03/23/2010
→ Hanley Investment Group Sells Single-Tenant NNN Wells Fargo for $3,245,000
*** -- Hanley Investment Group Real Estate Advisors,Anne Monaghan,MENIFEE CA 03/23/2010
→ Out of Work? Five Things You Should Know When Filing Your Taxes
Many Americans found themselves out of work this past year, and high unemployment rates indicate it's still hard to find a job. If you've been out of work for some time, you may think you don't owe taxes or need to file a return, but think again. Higher amounts of unemployment compensation are taxable and there are credits that could get you money from the IRS. It's important to do a thorough job of completing your tax returns so you receive the refund you deserve or pay only what's needed. As the tax deadline nears, the Illinois CPA Society wants to be sure you're aware of these points when you file: -- Illinois CPA Society,Judi Kulm,Chicago 03/22/2010
→ From the California Society of Enrolled Agents: Doing Your Taxes? Choices, Choices!
The following release was issued today by the California Society of Enrolled Agents: -- California State Employees Association,Clifford Weimer,Sacramento 03/22/2010
→ Debtx Offers Enhanced Market Data and Analysis
New Investor Service Assists Buyers At Largest Marketplace For Loans -- DebtX,Greg Berardi,Boston 03/22/2010
→ Lender Processing Services` February 2010 Mortgage Monitor Report Shows Pace of Delinquencies Slowing, but Delinquency Rates at All-Time Highs
Nearly 7.5 Million Loans Are In Some Stage of Delinquency; Estimated One Million Properties in REO Status -- Lender Processing Services,Michelle Kersch,Jacksonville Florida 03/22/2010
→ North Penn Bancorp, Inc. Reports Results for the Year Ended December 31, 2009
North Penn Bancorp, Inc. (the "Company") (OTC:NPBP) (BULLETIN BOARD: NPBP) , the holding company for North Penn Bank, announced results for the year ended December 31, 2009. The Company reported net income of $787,000 for the year ended December 31, 2009 as compared to $354,000 for the year ended December 31, 2008. This improvement is primarily attributable to higher net interest earnings, an insurance claim recovery relating to a loss recognized in 2008, lower non-interest expense and higher non-interest income. -- North Penn Bancorp, Inc.,Frederick L. Hickman,Scranton Pa. 03/13/2010
→ Marshall & Ilsley Corporation to Hold Annual Meeting of Shareholders on April 27, 2010
Paper Copies of Annual Report and Proxy Available On Request -- Marshall & Ilsley Corporation,Randy Erickson,Milwaukee Wisconson 03/13/2010
→ Credit News From Premier By Louis S. Barnes March 12, 2010
Long-term Treasury rates rose under pressure from constant borrowing, but mortgages did well, holding at 5.00% with lowest fees. Versus the 10-year T-note at 3.70%, that's the narrowest spread ever measured. -- Premier Mortgage Group, Inc,Lou Barnes,Boulder Co 03/12/2010
→ Hanley Investment Group Sells 99 Cents Only Anchored Shopping Center for $4,827,000 in Las Vegas
* * * -- Hanley Investment Group Real Estate Advisors,Anne Monaghan,LAS VEGAS NV 03/12/2010
→ Fannie Mae Prices New Issue 3-Year Benchmark Notes(r) due May 7, 2013
The following is being issued by Fannie Mae (NYSE:FNM) : -- HomePath,Katherine Constantinou,Washington 03/11/2010
→ Fannie Mae Announces Offering of New Issue 3-Year Benchmark Notes(r) due May 7, 2013
The following is being issued by Fannie Mae (NYSE:FNM) : -- HomePath,Katherine Constantinou,Washington 03/10/2010
→ Wikiloan Shareholder Update
WikiLoan, Inc. (OTC Bulletin Board: WKLI), a financial social network would like to present the history and progress of WikiLoan, Inc. to its shareholders. -- WikiLoan, Inc.,WikiLoan Inc.,Delray Beach Florida 03/10/2010

