Mortgage and Financial News From 2009-3-29 Page 01

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  • FHA Refinancing: Streamlining the Process - Newport Plain Talk

    If you have a FHA loan and you want to take advantage of the current great interest rates, a streamline refinance may be just the ticket for you……… In the 1980’s, FHA figured out that it made sense to let their customers lower their interest ...
    2009-03-29 12:01:00

  • Web site helps ease mortgage worries - Louisville Courier-Journal

    Web site helps ease mortgage worriesLouisville Courier-Journal, KYThe site, www.makinghomeaffordable.gov, has information on the two-pronged approach of the initiative. There's the refinancing part, designed to help homeowners who are paying their mortgages on time but are not able to refinance at the current low ...
    2009-03-29 03:36:25

  • SL Green searching for extra green - Crain's New York Business

    SL Green searching for extra greenCrain's New York Business, NY“That is a very long time away,” he says. But SL Green is taking steps to bolster cash. It will refinance the Graybar Building for $145 million in the second quarter, according to Mr. Hughes. It currently has a $108 million mortgage. ...
    2009-03-29 05:07:37

  • Honesty is the Best Policy | Especially When Calculating How Much ... - 마인드스포츠올림피아드

    Honesty is the Best Policy | Especially When Calculating How Much ...마인드스포츠올림피아드, South KoreaThe main reason for the second was when Ken purchased the home the lender wouldn’t advance the entire amount of the mortgage. However, the bank manager was sincere in his belief that in a years time the bank would be able to refinance the entire amount ...
    2009-03-29 03:00:56

  • Extra: Banks moving slow on home sales - KARE

    Extra: Banks moving slow on home salesKARE, MNWe've found mortgage lenders "not talking" to people like Jennifer Raiter, in angst over her "adjustable rate mortgage" which is sending her house payments soaring. She can't refinance because her home has lost so much of its value and now she owes ...
    2009-03-29 10:34:26

  • Applications to refinance homes climb, but few qualify - The Virginian-Pilot

    Applications to refinance homes climb, but few qualifyThe Virginian-Pilot, VAThe effort includes buying up to $300 billion in long-term government bonds and $750 billion in mortgage-backed securities guaranteed by Fannie Ma e and Freddie Mac. This report contains information from The Associated Press.
    2009-03-29 10:54:28

  • Superintendent of Financial Institutions should have oversight on ... - Hill Times (subscription)

    Superintendent of Financial Institutions should have oversight on ...Hill Times (subscription), CanadaLast week, The Globe and Mail reported more than 25000 Canadians could lose their homes because sub-prime lenders are unable to access credit to refinance these people's homes. "A loose network of about 12 alternative mortgage lenders began lobbying ...
    2009-03-29 11:06:03

  • Downturn saps prosperity of Orlando-area blacks - Orlando Sentinel

    Downturn saps prosperity of Orlando-area blacksOrlando Sentinel, FLHis only hope now is that President Barack Obama's recent initiative to help struggling homeowners refinance their devalued houses will revive his mortgage company. At the Mortgage and Credit Counseling Center in Winter Garden, clients seeking help ...
    2009-03-29 11:14:47

  • NZ swaps market still choppy, 2-yr, 3-yr rates jump - Interactive Investor

    NZ swaps market still choppy, 2-yr, 3-yr rates jumpInteractive Investor, UK"They have seen mortgage rates going up. They are trying to lock in the rates now." Home buyers have rushed to refinance their mortgages at low, fixed interest rates on the view rates may not go much lower, forcing banks to go to the swaps market to ...
    2009-03-29 11:30:28

  • GET WITH THE PLAN: Couple face tough choices after taking on college debt (The Star-Ledger)

    Andrew and Dee are facing a giant dept. Rather than saddle their two children with college debt, the couple decided to pay the large bills, totaling $275,000, on their own. Payments are deferred until January 2010, but then they'll need...
    2009-03-28 06:08:29

  • The hot jobs (The Sun Chronicle)

    Despite logging 25 years as a nurse and nursing director at Rhode Island Hospital, Terry Monaghan admitted to feeling vulnerable last summer when she started looking for a new job to shorten her daily commute from the Providence area to South County Hospital.
    2009-03-29 12:48:12

  • Foreclosure myths (Summit Daily News)

    Here are some of the most common myths about foreclosures.
    2009-03-29 01:11:11

  • US plays down hopes for G20 aid target - The Australian

    US officials are backing off some of their goals for the Group of 20 economic summit this Thursday in London. America has downplayed fiscal-stimulus targets they were pushing earlier in the month and has instead focused on other objectives, such as ...
    2009-03-29 09:19:00

  • Commentary: Dealing with global crisis needs global cooperation - Xinhua News Agency

    BEIJING, March 30 (Xinhua) -- The G20 summit, scheduled for April 2, brings together major industrialized and developing nations. It provides a platform for their leaders to strengthen coordination and cooperation in the global efforts to tackle ...
    2009-03-29 09:05:00

  • G20 summit: here's hoping that Gordon Brown and Barack Obama fail - Daily Telegraph Blogs

    I hope you won't think me unpatriotic if I say that I hope Gordon Brown fails at the G20 summit. I've remarked before that every single measure he has taken in response to the crunch has served to exacerbate the crisis. The trillion-dollar stimulus ...
    2009-03-29 04:33:00

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