Mortgage and Financial News From 2008-5-3 Page 5
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Seattle house values at lowest since '06 - Seattle Post Intelligencer
Actually, dropping prices would mean that it is a good time to buy a house right now. Lower prices generally equates to better value for money. It is not the best time to sell a house right now. Pedro, a 3 year old house with a 3 year appreciation of ...
2008-04-28 05:57:00 -
No template for mortgage trouble - Marketwatch
WASHINGTON (MarketWatch) -- Question: I am one of those 'troubled' borrowers who is not yet delinquent on my loan but am in the process of writing my lender for a write-down on the principal and a fixed interest rate. Can you provide me with a sample ...
2008-04-30 05:55:00 -
Mortgage News - Colleyville Courier
5 Top mortgage news Links Find mortgage news Now. Have a winning direct mail campaign in minutes. Use these templates for mortgage , refi and debt consolidation prospects. $150,000 Loan for $391/month - Refinance, Home Equity and Purchase. Historic ...
2008-04-30 10:12:00 -
Mortgage-Free, but Not Free From the Temptation to Borrow - Times Daily
Florabel Kinsler, a clinical social worker in Los Angeles, has paid off her mortgage and says she can comfortably manage in her house. This is a story about the other homeowners. Not the ones who are having trouble making their mortgage payments and ...
2008-05-03 05:27:00 -
Mortgage license registry adds nationwide oversight - Modesto Bee
WASHINGTON -- There are lots of proposed remedies to prevent another mortgage catastrophe like the one we're going through now. Most of the suggestions I've seen won't fix the loopholes that allowed so many borrowers to take on mortgage loans they ...
2008-05-03 04:44:00 -
Mortgage Survivors: On the Brink of Foreclosure, They Got Their Loans ... - Washington Post
Zena Collins knew she had a serious problem when she could no longer afford electricity. The mortgage payment on her Gaithersburg house had jumped about $500, to $2,000 a month, not counting taxes and insurance, after her adjustable interest rate ...
2008-05-03 04:44:00 -
UPDATE: H&R Block Completes Sale Of Option One Arm - CNN Money
H&R Block Inc. (HRB) completed the sale of part of its troubled subprime mortgage arm and will realize $1.3 billion in proceeds from the deal with distressed-asset investor Wilbur Ross . The company also announced it has repaid a servicing credit ...
2008-05-01 06:05:00 -
Siam Cement plans 10 bln baht bonds in Oct-Nov - Reuters
BANGKOK, May 2 (Reuters) - Siam Cement SCC.BK, Thailand's biggest industrial conglomerate, said on Friday it planned to sell bonds worth 10 billion baht ($316.3 million) in October-November to refinance debt. "We're looking to issue another 10 ...
2008-05-02 01:39:00 -
Tips to saving your home - Fort Lauderdale Sun-Sentinel
Homeownership Preservation Foundation is a nonprofit organization that offers round-the-clock help. It provides trained counselors -- in conjunction with state, local and federal government agencies -- to offer personal assistance to homeowners ...
2008-05-03 01:30:00 -
Mortgage payments a worry - Baltimore Sun
WASHINGTON - One in 7 mortgage holders worry that they might soon fail to make their monthly payments and even more fret that their home's value is shrinking, according to a poll showing widespread stress from the nation's housing crisis. In an ...
2008-05-03 02:49:00 -
Quitclaim doesn't change mortgage (The Charlotte Observer)
Q: If someone does a quitclaim, how long does it take for you to completely be on the loan and the other party is off the loan? I think you may be a little confused about what a quitclaim deed is and what it does with regard to the mortgage. A quitclaim deed transfers any interest a person has in a piece of real estate to another person. I could give you a quitclaim deed to the Brooklyn ...
2008-05-02 11:08:11 -
County bankruptcies soar (Ventura County Star)
Ventura County consumer bankruptcy filings jumped 122 percent last year as lenders toughened refinancing requirements, area bankruptcy attorneys say.
2008-05-03 12:56:17 -
Castle says drill in Gulf instead of lifting tax (The News Journal)
A "gas-tax holiday" could do a lot more harm than good, said Rep. Mike Castle, R-Del.
2008-05-03 12:57:26 -
In the Nation (Philly.com)
WASHINGTON - Democrats working to build Republican support for a broad homeowner-rescue plan will pair their bill next week with several housing measures President Bush has demanded.
2008-05-03 12:58:33 -
Business news in brief (Philly.com)
Shares of Wayne aerospace products company Triumph Group Inc. shot up after it said fourth-quarter sales rose 24 percent to a record $321 million and earnings jumped 36 percent to $19.4 million, or $1.15 a share.
2008-05-03 01:35:27