Mortgage and Financial News From 2007-9-16 Page 14
Previous Day: 2007-09-15
Return to the mortgage news archive home.
Page: 01 2 3 4 5 6 7 8 9 10 11 12 13 14 15
16 17 18 19
-
Incline market bucks trend
Nevada Appeal - Bonanza Graphic - CJ Drago Information from Chase ... When it came time to refinance their loan, there would be ... dipped nationwide since 2006, and borrowers can't refinance like they used to. As a result, they either default on their mortgage ...
2007-09-16 03:54:00 -
How to handle likely interest rate cut
Miami Herald - If you've got an adjustable-rate mortgage, it might seem logical to wait to refinance until rates fall a bit. If you have an ARM that will reset and climb higher in the months ahead, however, you'd take on more risk by waiting. ''It's a gamble, and I'm ...
2007-09-15 11:58:00 -
Priority Mortgage Inc.
Fort Wayne Journal Gazette - Dupont Road, Suite 100 At a glance: Priority Mortgage works with more than two dozen lenders to secure home loans for customers who want to buy or refinance. ... Main St., Fort Wayne, IN 46802, or e-mail the information to lnewhouse@jg ...
2007-09-16 02:50:00 -
Mortgage bailout plans draw taxpayer opposition (The Myrtle Beach Sun News)
As more states and cities struggle to find the money to bail out homeowners caught up in the housing downturn, some Americans are wondering why government should be rewarding people for their greed or irresponsibility. Some, like Thomas Roach of Sarasota, Fla., are even actively campaigning against a bailout for people who, using easy credit and exotic mortgages, bought more home than they could ...
2007-09-16 12:03:55 -
Priority Mortgage Inc. (Fort Wayne Journal Gazette)
Address: 312 E. Dupont Road, Suite 100
2007-09-16 03:07:53 -
A backlash over mortgage-bailout plan (The Philadelphia Inquirer)
As more states and cities struggle to find the money to bail out homeowners caught up in the housing downturn, some Americans are wondering why government should be rewarding people for their greed or irresponsibility.
2007-09-16 01:09:01 -
Credit card rates rising, limits dropping
Chicago Tribune - Now that homeowners can no longer easily use their homes as an ATM, many are turning back to credit cards. But beware. Card issuers, like other lenders, are sensitive to problems in the beleaguered mortgage market and unlikely to give much leeway to ...
2007-09-15 11:58:00 -
Northern Rock withdrawals at £2bn
BBC Business - Many of its mortgage customers are paying low rates of fixed rate loans and so are likely to move elsewhere - meaning rivals will instead focus on attracting that business, analysts say. The fact that there is little room seen for cost-cutting at ...
2007-09-16 05:13:00 -
Housing market's bull run comes to an end
Daily Telegraph - Mortgage rates have gone up, affected both by the hike in Bank of England base rates, and more recently by the turmoil in the financial markets. Halifax and Abbey both put up rates marginally last week, while some of the higher risk lenders have ...
2007-09-15 07:33:00 -
Sifting out surprises in mortgage fine print
Boston Online - The note, which includes all the critical financial information such as interest rate, payment schedule, and - in the case of an adjustable rate mortgage - the method for adjusting rates in the future. The actual mortgage. It can run 25 pages and ...
2007-09-16 12:48:00 -
Finding the best mortgage
Herald-Mail - A broker usually is paid a separate fee for services. · Figure out what you can afford and what all of the costs and fees are, not just the monthly payment and the interest rate. · Find out the current mortgage rates and if they're the lowest rates ...
2007-09-16 04:01:00 -
Millstone Or Diamond In The Rough?
Forbes - As housing prices stopped rising and low introductory mortgage rates ended, buyers began defaulting on their loans. Many of the loans backed bonds that were sold to investors around the world, and the result has been an avoidance of all kinds of risk ...
2007-09-16 02:57:00 -
MPC founding member comes out swinging against Bank’s bailout ...
Times Online - In a withering attack on the lifeline thrown to the mortgage lender, Willem Buiter, a respected founding member of the Bank ... lost millions and ultimately unsuccessful lawsuits claimed that the Bank had failed to protect them from the vast fraud ...
2007-09-14 02:27:00 -
Nation briefs
Detroit News - ... for a hearing on an appeals court ruling that could mean he will face a prison term rather than home confinement for fraud ... CALABASAS, Calif . -- Countrywide Financial Corp . boosted its borrowing capacity by $12 billion as the mortgage lender ...
2007-09-13 10:49:00 -
Wii repair: Adventures in a virtual nightmare
Chicago Sun-Times - When The Fixer checked out the site last week, the pornography was gone, but some sleazy-looking mortgage ads were in its place ... Thirteen percent appeared to involve outright fraud, such as serious misrepresentations of risk and return and possible ...
2007-09-16 03:04:00