Mortgage and Financial News From 2009-3-2 Page 21
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Bankruptcy filings up 40% in Tri-Cities - TheNewsTribune.com
Bankruptcy filings up 40% in Tri-CitiesTheNewsTribune.com, WAHames explained that Chapter 13 bankruptcies are for individuals or sole proprietor businesses who, after paying living expenses and sometimes secured debts such as mortgages and car loans, can contribute to a payment plan to repay at least some of the ...
2009-03-02 04:52:27 -
Do-It-Yourself Loan Modification Tool Now Available for Distressed ... - Business Wire (press release)
Do-It-Yourself Loan Modification Tool Now Available for Distressed ...Business Wire (press release), CAIf used properly, LoanModDVD can lower mortgage rates dramatically and reduce payments by up to 40%. Homeowners can also convert their unstable adjustable loan to a more permanent fixed loan. They can combine a first and second mortgage into one low ...
2009-03-02 05:06:18 -
10-K: WARNACO GROUP INC /DE/ - MarketWatch (press release)
10-K: WARNACO GROUP INC /DE/MarketWatch (press release)The Amended and Restated Credit Agreement and the Foreign Revolving Credit Facility (see Capital Resources and Liquidity, below) were terminated along with all related guarantees, mortgages, liens and security interests. ...
2009-03-02 05:09:17 -
Administrative Searches in the Recession - Inside Higher Ed
Administrative Searches in the RecessionInside Higher Ed, DCIndividuals who had planned to retire may have second thoughts--some are likely to stay in their jobs because of eroded retirement savings, and some because they don’t want their institutions to have to face a leadership transition during a budget ...
2009-03-02 03:16:59 -
10-K: GENWORTH FINANCIAL INC - MarketWatch (press release)
10-K: GENWORTH FINANCIAL INCMarketWatch (press release)On a limited basis, we also provide mortgage insurance on a structured, or bulk, basis that aids in the sale of mortgages to the capital markets and helps lenders manage capital and risk. Additionally, we offer services, analytical tools and technology ...
2009-03-02 05:24:57 -
10-K: AMERICAN INTERNATIONAL GROUP INC - MarketWatch (press release)
10-K: AMERICAN INTERNATIONAL GROUP INCMarketWatch (press release)In the US, real GDP shrank at annual rates of more than 4 percent in the second half of the year and almost 4 percent in the fourth quarter alone. At the beginning of 2008, the unemployment rate was 4.9 percent and by year-end was 7.2 percent. ...
2009-03-02 05:24:57 -
Mortgage lending down by 60 percent - Investment Markets
Mortgage lending down by 60 percentInvestment Markets, UKIt is the second lowest monthly total since formal records began in April 1993 and is a huge drop from the £6.91 billion lent in January 2008. In a bid to improve the availability of mortgages, the government is using Northern Rock, the nationalised ...
2009-03-02 06:19:49 -
Area analysts uncertain of Washington economic plans (Fort Worth Business Press)
Kick starting credit flow, adding capital to banks and decreasing foreclosures are the main points of the latest effort to help the financial system, but area finance experts aren’t sold on the plan just yet.
2009-03-02 05:09:32 -
AIG Reports Fourth Quarter and Full Year 2008 Loss (Business Wire via Yahoo! Finance)
NEW YORK----American International Group, Inc. reported today that continued severe credit market deterioration and charges related to ongoing restructuring activities contributed to a record net loss for the fourth quarter.
2009-03-02 05:15:00 -
UK & World News: Mortgage lending in 60% plunge (icNewcastle - Sunday Sun)
Mortgage lending dived by more than 60% during January to just one 10th of its level 12 months ago, figures show.
2009-03-02 05:22:31 -
Do-It-Yourself Loan Modification Tool Now Available for Distressed Homeowners with Launch of “LoanModDVD” (Centre Daily Times)
Millions of Americans today are seeing their American Dream go up in smoke as home values plummet and they suddenly find themselves upside-down on their mortgages. While many are forced to foreclose on their properties, others try to work with lenders to modify their loans. They quickly find that the loan modification process is complex and hard to navigate, so they often turn to high-priced ...
2009-03-02 05:24:29 -
American dream shattered for Florida retirees (TurkishPress.com)
Hiding away in a tranquil sun-kissed corner of Florida -- the dream of many retired Americans -- has become a nightmare for some amid the global economic downturn.
2009-03-02 05:35:41 -
Propping Up a House of Cards (New York Times)
The American International Group has received yet another bailout from the federal government — its third, this one spurred by the biggest quarterly loss in history.
2009-03-02 05:39:38 -
Mortgage lending in 60% plunge (Liverpool Echo)
Mortgage lending dived by more than 60% during January to just one 10th of its level 12 months ago, figures show. The Bank of England said net mortgage lending, which strips out redemptions and repayments, was £690 million during the month, down from £1.79 billion in December.
2009-03-02 05:45:27 -
Mortgage Lending Dives By More Than 60% (Ananova)
Mortgage lending dived by more than 60% during January to just one 10th of its level 12 months ago, figures showed.
2009-03-02 05:48:00