Mortgage and Financial News From 2007-11-11 Page 01
Previous Day: 2007-11-10
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Coalition wants help for those facing foreclosure
Legislative Gazette - ... is also recommending that the New York State Banking Department collect information ... Doing this, they said, would show where most foreclosures exist and which mortgage ... Owens said she was targeted by a broker who called her to refinance her home. Owens ...
2007-11-04 03:54:00 -
S.A. credit counselors help N. Texas clients
San Antonio Express News - Countrywide wants $3,013 for part of the delinquencies and late fees before it will refinance her into a fixed-rate mortgage at 6 ... After an 11-minute wait on the phone, the Coppell homeowner did not get any information from a ...
2007-11-10 03:54:00 -
Saving a home, effects are personal
Newsday - ... on a number of circumstances, including what they characterized as identity theft, and they had to refinance from a 5.5 percent mortgage ... In an interview, Litton chief executive Larry Litton Jr. said the company had been missing information from the ...
2007-11-11 09:36:00 -
Expo on the money for Latinos (The Record)
PASSAIC -- Latino small business owners from around the state convened in Newark Saturday for the first Latino Economic Growth Expo, all to provide them with information on how to obtain state grants and government contracts and promote their growth.
2007-11-11 04:05:24 -
S.A. credit counselors help N. Texas clients (San Antonio Express-News)
Local nonprofit handling the overflow for sister agency as mortgage crisis ensnares more homeowners.
2007-11-11 06:32:31 -
Another rate rise looms as Reserve Bank warns on inflation
News.com.au - The RBA lifted the official cash rate by one quarter of a percentage point to 6.75 per cent last week, adding about $50 to the monthly repayments on a $300,000 mortgage. Official rates have gone up 10 times since 2002 and are now at their highest ...
2007-11-11 07:42:00 -
RBA warns of interest rate rise next month
News.com.au - The RBA lifted the official cash rate by one quarter of a percentage point to 6.75 per cent last week, adding about $50 to the monthly repayments on a $300,000 mortgage. Official rates have gone up 10 times since 2002 and are now at their highest ...
2007-11-11 08:39:00 -
When paying a mortgage quickly can pay off
St. Louis Post-Dispatch - No. But let me start by outlining the main points I have discussed in the last five columns. In general, when mortgage rates are low, you should keep your mortgage intact as long as possible. Money that you would have put toward paying down a ...
2007-11-11 01:12:00 -
The Economy on the Edge
BusinessWeek - To see if Persaud is right, keep an eye out for sharply rising default rates on prime mortgage loans, auto loans, credit cards, and corporate debt. With a generalized credit crunch threatening, it's suddenly essential to search for signs of it in such ...
2007-11-11 09:29:00 -
Millions braced for mortgage rate leap
This is Money - It shows the combined effect of Bank of England base rate rises and aggressive increases in financial firms' lending rates following August's financial crisis. The trend in two-year fixed rates before this year had been downwards. For example ...
2007-11-11 09:40:00 -
ANZ, Westpac raise interest rates
Sydney Morning Herald - Earlier today, Westpac Banking Corporation Ltd also announced it was lifting its mortgage rates in line. ANZ lifted its special deposit rates by 0.35 per cent following rises in wholesale interest rates in recent weeks, it said today. From tomorrow ...
2007-11-11 06:23:00 -
The limits of Federal Reserve policy
Enter Stage Right - Foreign nervousness could jack up the cost of foreign funds and U.S. mortgage rates. That would put more downward pressure on housing prices, further increasing the risk of recession. Americans must bring down the trade deficit or risk crippling their ...
2007-11-11 08:46:00 -
Name forged on mortgages, Dwek claims
Asbury Park Press - Solomon Dwek, accused of masterminding a multimillion-dollar fraud scheme, says someone forged his signature on $5 million worth of residential mortgage loans. In court papers, Dwek doesn't deny that he got the money or even that he bought the ...
2007-11-11 01:05:00 -
Editorial: Sentence sends a message: There will be a price to pay
Naples Daily News - Hardt took a long look at Afshari’s record of fraud with two mortgage firms that she fronted. He looked hard at the number of people whose finances she ruined. He looked hard at her lack of remorse, repeatedly blaming others for her trouble with ...
2007-11-11 02:05:00 -
State takes action on foreclosures
Fort Wayne Journal Gazette - When state foreclosure laws involve the courts, as properties tend to move slowly through the process When certain types of loan products are used , such as adjustable rate mortgages When mortgage fraud is involved When a low-income borrower is part of the ...
2007-11-11 02:52:00