News Articles

Please choose a loan type for more:

---

Australia's NAB close to deal for Wizard-paper | Industries | Financial Services & Real Estate | Reuters

Tuesday, October 21, 2008
Reuters -
SYDNEY, Oct 22 (Reuters) - National Australia Bank (NAB.AX: Quote, Profile, Research, Stock Buzz), the country's top lender, is days away from buying GE Money's (GE.N: Quote , Profile , Research , Stock Buzz ) Australian mortgage business Wizard ...

Countrywide to ignore state ruling -- chicagotribune.com

Friday, October 17, 2008
Chicago Tribune, United States -
By Mary Ellen Podmolik | Chicago Tribune reporter Illinois bank regulators on Thursday tried to prohibit Countrywide Home Loans Inc. from making new mortgage loans in the state, saying they would only allow the company to restructure the loans of existing customers. ...

TheDay.com - Region's Foreclosure Rate Up Sharply, And 'It's Gonna Get Worse'

Wednesday, October 15, 2008
TheDay, CT -
Families moving from home ownership may actually be paying more for rent than for a mortgage, Penn said, because affordable three-bedroom apartments are so hard to find in the region. ”The whole rental situation is out of control,” Penn said. Penn ...

Mortgage last loan people pay, study finds

Sunday, October 12, 2008
San Francisco Chronicle,  USA -
When faced with the possibility of falling behind on home loans, credit card payments or car loans, borrowers are more likely to choose to let their mortgages slide than the other kinds of debt, according to a recent study conducted by Equifax, a major consumer ...

Financial crisis Q&A: Everything you need to know - Telegraph

Saturday, October 11, 2008
Telegraph.co.uk, United Kingdom -
Who got us into this mess, what did they think they were doing, and how do we get out of it? By Compiled by Emma Simon and Paul Farrow Q: How have the banks got into this situation? A: The problems started with the now notorious sub-prime mortgages ...

Bush signs two vets’ benefits bills into law - Navy News, opinions, editorials, news from Iraq, photos, reports - Navy Times

Oct 10, 2008
NavyTimes.com, VA -
By Rick Maze - Staff writer President Bush signed two veterans’ bills into law on Friday, an omnibus benefits bill and a package of health-related legislation. The Veterans’ Benefits Improvement Act expands the VA home loan program, attempts to improve the processing of ...

Real Estate | U.S. foreclosure-rescue plan not selling well | Seattle Times Newspaper

Saturday, October 11, 2008
Seattle Times, United States -
Some economists suggest that all mortgages on primary residences be converted to 30-year fixed loans at 5.25 percent and placed with Fannie Mae and Freddie Mac. Investors would not qualify. ...

Homeowners have new option

Saturday, October 11, 2008
Seattle Post Intelligencer -
By HOLDEN LEWIS The prospect of mortgage debt forgiveness will entice hundreds of thousands of homeowners into picking up the phone to play the home-preservation game of "Let's Make a Deal," beginning this fall. The federal government's Hope for Homeowners plan ...

Bloomberg.com: Worldwide

Friday, October 10, 2008
Bloomberg -
By Jody Shenn Oct. 10 (Bloomberg) -- Yields on Fannie Mae and Freddie Mac mortgage bonds jumped relative to Treasuries for a second day, pushing spreads ...

Color of Money Live - washingtonpost.com

Thursday, October 09, 2008
Washington Post, United States -
I did it on my mortgage and car loans without any problem. Thanks again for your help. Love, love, love your columns. Michelle Singletary: I'm glad you came ...

Breakingviews - Détail d'un article

Thursday, September 25, 2008
L'Agefi (Abonnement), Switzerland -
The first version of Hank Paulson’s $700bn bailout looked like a boon for European banks who had wallowed in the US mortgage swamp. The US Treasury Secretary?s scheme not only seemingly promised to buy troubled assets at a premium to market prices; ...

WBIR.com | Knoxville, TN | Commentary: Get mortgage loan approval answer automatically

Monday, September 22, 2008
WBIR-TV, TN -
By Kristin Abouelata, Home Loan Specialist Automated underwriting (AU) systems are used to determine most mortgage lending decisions. AU systems have been around since the 1970s for different institutions such as auto dealers and credit card companies. ...

Fed: Bailout will help borrowers -- Newsday.com

Thursday, September 18, 2008
Newsday, NY -
The government's takeover of mortgage finance companies Fannie Mae and Freddie Mac should provide an opportunity to modify more home loans for troubled borrowers, government officials said yesterday. Both companies are "looking at loan modification programs that ...

Lower rates don't guarantee homeowners can refinance

Sep 12, 2008
Seattle Post Intelligencer -
By HOLDEN LEWIS A dramatic drop in mortgage rates has motivated some homeowners to wonder if they should refinance. A better question might be: Are they able to refinance? Back when house prices were zooming upward, it was easy to refinance a mortgage. ...

FHA loans enjoy a boom -- baltimoresun.com

Sunday, September 14, 2008
Baltimore Sun, United States -
By Jamie Smith Hopkins It was the mortgage of last resort when home sales were booming. Buyers balked at the paperwork. Sellers hated the home-repair rules. What a difference a housing bust makes. "Now, it's almost automatic that it's ...

30 Year Fixed Rate Zero Cost Loans vs. Lower Rates, Closing

Aug 7, 2008
TransWorldNews (press release), GA -
Solomon Financial continues to help homeowners get out of their adjustable rate mortgages and into 30 year fixed rate loans at low rates. Ask your loan officer or broker to show you options where you pay the closing costs and lower your ...

Demand for fixed rate loans halves | NEWS.com.au

Friday, August 08, 2008
NEWS.com.au, Australia -
THE popularity of fixed rate home loans has halved since the start of this year, in a sign that borrowers may be expecting an interest rate cut. Australian Bureau of Statistics (ABS) data out this week showed just 11.7 per cent of new mortgages approved ...

Freddie Mac losses soar to $821m - Times Online

Wednesday, August 06, 2008
Times Online, UK -
Freddie Mac, the US mortgage giant, today announced its fourth successive loss and plans to cut its dividend after growing numbers of homeowners fail to make loan repayments. The company which, along with Fannie Mae guarantee about $5 trillion (£2.5 trillion), ...

Housing slump spells doom for large Triad builder Pierce Homes - Triangle Business Journal:

Tuesday, August 05, 2008
Bizjournals.com, NC -
Pierce Homes of Carolina Inc., one of the Triad's largest home builders, is going out of business, citing the difficulties of the current housing market. Brian Pierce, vice president of the longtime Greensboro home builder, confirmed the company's closure Tuesday. He declined ...

U.S. Cities With The Most Home Equity - Forbes.com

Wednesday, August 06, 2008
Forbes, NY -
While homeowners in areas of central California and Michigan watch their home equity disintegrate thanks to second mortgages and falling home prices, those in small cities like Beaumont, Texas , and Charleston, W.Va. , are doing just ...

---

Pages:   1   2   Next