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Ex Rangers manager Washington apologizes for 'breaking wife's trust'

IRVING, Texas (AP) — Former Texas Rangers manager Ron Washington says he is embarrassed for 'breaking his wife's trust.'

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Troubled RadioShack files SEC form, talks with 'major vendor'

RadioShack Corp.’s latest filing with the U.S. Securities and Exchange Commission describes recent discussions that “could be beneficial to the financial restructuring of the company.”

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Road Show: City leaders prepare campaign to corral votes for $450 million arena

Fort Worth’s biggest backers of a new arena at the Will Rogers Memorial Center are leaving little to the chance of a “no” vote in a citywide election Nov. 4 to decide on new fees that would fund 15 percent of the $450 million project.

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REIT plans demolition of Fort Worth's Westchester Plaza, mixed-use redevelopment

The developer is seeking a $3.8 million reimbursement from the Southside tax increment finance district.

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Texas Health Southwest breaks ground on $40M expansion

A $40 million expansion of Texas Health Harris Methodist Hospital Southwest Fort Worth is under way, with groundbreaking ceremonies held this week.

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MTGE acquires Fort Worth-based mortgage servicer

 

Bethesda, Md.-based American Capital Mortgage Investment Corp. (Nasdaq: MTGE) announced Dec. 4 that, through a subsidiary, it has acquired Residential Credit Solutions Inc., a licensed mortgage servicer based in Fort Worth.


Formed in 2006, RCS as obtained approvals from the Federal National Mortgage Association (Fannie Mae), the Federal Home Loan Mortgage Corp. (Freddie Mac) and the Government National Mortgage Association (Ginnie Mae) and the requisite state licenses to hold and manage mortgage servicing rights (MSRs). No price was given for the transaction.


"We believe that MTGE's investment capabilities and capital base form a strong complement to our servicing operations and will provide new and attractive growth opportunities for RCS," said Dennis Stowe, CEO of RCS in a news release. "We eagerly anticipate working with the MTGE team and executing upon our growth strategy."
 

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Arena
What do you think of the new plans for a new Will Rogers arena and changes at the Convention Center?