Mortgage and Financial News From 2009-4-21 Page 01

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  • Lenders sign up for jobless scheme - Enfield and Haringey Independant

    Mortgage lenders are signing up to a scheme to help the unemployed Six mortgage lenders have announced they are taking part in a new Government scheme to help people who lose their jobs stay in their homes. Lloyds Banking Group, which includes HBOS ...
    2009-04-21 11:30:00

  • Breakthrough Solution Helps Solve Trillion Dollar "Toxic" Assets ... - PR Inside

    SAN FRANCISCO, CA -- (Marketwire) -- 04/21/09 -- LoanInsights, a San Francisco-based financial services and technology company, today launched LoanInsights SMART (Secure Mortgage Asset Resolution Tool), the first solution that accurately and ...
    2009-04-21 09:18:00

  • I was just so angry” - St. Louis Post-Dispatch

    When Attorney General Chris Koster announced suits against two mortgage brokerages, aides handed reporters a couple of allegedly misleading mailings. The gist of the suits filed yesterday is that the brokerages are violating Missouri consumer law ...
    2009-04-21 12:02:00

  • Treasury completes $29.8 billion boost to AIG rescue; adds companies ... - Newsday

    WASHINGTON (AP) — The government has completed the transaction providing nearly $30 billion more in support to American International Group Inc. , minus $165 million in controversial bonus payments. The Treasury Department also says it added Bank ...
    2009-04-21 04:27:00

  • Some of the biggest banks refuse to take part in Governnment mortgage ... - Daily Telegraph

    HSBC is one of the banks to have opted out of the Homeowners Mortgage Support Scheme Photo: AP Barclays, HSBC, Nationwide and Santander – including Abbey and Alliance & Leicester – have opted out of the Homeowners Mortgage Support Scheme. It ...
    2009-04-21 03:37:00

  • Guaranteed Home Mortgage Announces New Program to Help Its Branches ... - Biloxi Sun Herald

    WHITE PLAINS, N.Y., April 21 /PRNewswire/ -- Guaranteed Home Mortgage Company, Inc. (Guaranteed, www.ghmc.com), a national residential mortgage investment and banking firm, today announced the implementation of a new program to help its branches ...
    2009-04-21 08:49:00

  • Home-appraisal rule may be costly - Orlando Sentinel

    A big source of the hot air inside the recently burst real-estate bubble came from some home appraisers who barely batted an eye at pumping up values to help mortgage brokers sell more loans. Brian Watkins recalls the pressure some brokers asserted ...
    2009-04-21 10:04:00

  • Home sellers look for divine help - Winston-Salem Journal

    Home sellers look for divine helpWinston-Salem Journal, NCThese days, most people choose a kit such as the ones sold by Philip Cates, a mortgage banker in Modesto, Calif., and the owner of stjosephstatue.com. He sells an 8-inch model for $13.95. Typically, the kits include a 3- to 8-inch figurine, ...
    2009-04-21 11:14:48

  • Sun Belt states lead Q1 US mortgage fo - Life Style Extra

    Sun Belt states lead Q1 US mortgage foLife Style Extra, UKThe 26 metropolitan areas with the highest foreclosure activity rates were in those four US states, where property sales and home prices had soared during the boom years earlier this decade. Las Vegas, Nevada; Merced, California and Cape Coral-Fort ...
    2009-04-21 11:17:12

  • CCA managers find rental market tight - Natchez Democrat

    CCA managers find rental market tightNatchez Democrat, MS“They may not be able to pay a rent and a mortgage at the same time,” he said. But locally, at least, Stedman sees a light at the end of the tunnel. “Generally the market will adjust to meet the demands of buyer or renters,” she said. ...
    2009-04-21 11:17:43

  • Despite Housing Woes, NVR Ekes Out a Profit - Washington Post

    Despite Housing Woes, NVR Ekes Out a ProfitWashington Post, United StatesBy Alejandro Lazo Home-building giant NVR posted a profit for the first three months of 2009, showing resiliency in the face of a foundering housing market. The Reston company reported earnings of $18 million ($3.02 per share), a 59 percent decrease ...
    2009-04-21 11:17:44

  • Obama's 100 days in office - INSEAD Knowledge - Best of business research

    Obama's 100 days in officeINSEAD Knowledge - Best of business research, FranceNevertheless, there is a glimmer of hope because home purchases are rising, as prices of foreclosed houses are “going for a song”. This points to a “virtuous cycle”, says Bhagwati, because people are buying properties as prices are starting to rise, ...
    2009-04-21 11:19:04

  • Snowbirds flock to bargains - Boston Globe

    Snowbirds flock to bargainsBoston Globe, United StatesThe inventory glut has dramatically lowered prices. At the height of the region's boom in 2005, the median price of a single-family home was $322000; today it's $99000. At the same time, mortgage rates have dropped to historic lows. ...
    2009-04-21 11:20:02

  • Banking on community pays off - Macon Telegraph

    Banking on community pays offMacon Telegraph, GABy Chuck Thompson - cthompson@macon.com Giant financial institutions have taken big hits in the mortgage meltdown and recession, even if many of those wounds were self-inflicted. But small community banks, if they weren't overly committed to the ...
    2009-04-21 11:21:25

  • MAHONING COUNTY COURT LISTINGS - Youngstown Vindicator

    MAHONING COUNTY COURT LISTINGSYoungstown Vindicator, OHAmerican Home Mortgage Servicing Inc. v. Michael Gushura et al, foreclosure. Deutsche Bank National Trust Co. as trustee v. Charmaine Williams et al, foreclosure. William Bailey v. City of Youngstown et al, workers' compensation. Thomas Seman v. ...
    2009-04-21 11:23:16

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