Join The Discussion

 

Dee Lincoln bringing restaurant to Fort Worth's Museum Place

Dee Lincoln is bringing her restaurant to Fort Worth’s Museum Place project. The 5,300-square-foot restaurant, at 3280 W. Seventh St., is expected to open in the first quarter of

read more >

Residential land at Chisholm Trail Ranch purchased

Stratford Land, Legacy Capital Co. and the Walton Group of Cos. have snapped up 268 acres of residential land at Chisholm Trail Ranch in Fort Worth.

read more >

Fort Worth to consider adopting 15-year Cavile Place redevelopment plan

The 300-unit Cavile Place housing project in Southeast Fort Worth would be razed and replaced in phases, with a significant number of the units redistributed into the neighborhood.

read more >

Fort Worth council members approve Cavile Place redevelopment plan

The vote kicks off what officials say will be a 10-15-year implementation.

read more >

Former RadioShack CEO caught in protest over ousted leader at Market Basket

Employees protest over many things: higher wages, better benefits, safer working conditions in their jobs. What's far more unusual, if not unprecedented, is to see workers, organized by senior managers, stage a rebellion to help their CEO get his job back.

read more >

 

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."
 

< back

Email   email
hide
Training Camp
Training camp is starting this week. How will the Dallas Cowboys do this season?