Mortgage and Financial News From 2009-4-26 Page 01

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  • SHOULD YOU OR SHOULDN'T YOU REFINANCE ? - Bangkok Post

    If you are a good client who pays your mortgage on time every month, you might be familiar with brochures from different banks offering competitive interest rates for refinancing. And if you are considering their offers, you have to be aware of ...
    2009-04-22 07:54:00

  • Return to nowhere - Albany Democrat Herald

    Return to nowhereAlbany Democrat Herald, ORRefinance to lower your mortgage payment, then pay an extra $50 per month to reduce your principal. If your home's value is truly under water, get credit counseling, but consider allowing foreclosure, followed by bankruptcy if need be — it's better ...
    2009-04-26 12:46:01

  • What Obama Has Shown, So Far, About His Style of Governing - CQPolitics.com

    What Obama Has Shown, So Far, About His Style of GoverningCQPolitics.com, DCHe's launched efforts to help strapped homeowners refinance their mortgages, sweep “toxic assets” off bank balance sheets and shore up consumer credit markets. He's set a timetable for ending the occupation of Iraq and set about recasting the American ...
    2009-04-26 02:58:18

  • Depressing year forecast for Houston office market - Houston Chronicle

    Depressing year forecast for Houston office marketHouston Chronicle, United StatesBut the credit crunch has made it impossible for some property owners to refinance. Shopping mall giant General Growth Properties sought bankruptcy protection earlier this month because it couldn't rework its loans. It'sa good thing for Camden that ...
    2009-04-26 04:39:24

  • Navy sees more interest in mortgage refinancing - Stars and Stripes

    Navy sees more interest in mortgage refinancingStars and Stripes, DCIn several cases, Belanger says, Navy lawyers talked with clients about two new government measures designed to ease the national surge in foreclosures: the Home Affordability Refinance Program, or HARP, and the Home Affordability Modification Program. ...
    2009-04-26 04:59:59

  • Banks find $3bn for Dolphin refi - full details - IJ Online (subscription)

    Banks find $3bn for Dolphin refi - full detailsIJ Online (subscription), UKThe banking community has given a resounding thumbs-up to the Dolphin Energy gas pipeline refinance - with a cosmopolitan group of 23 banks committing a total of US$3 billion for the deal... The banking community has given a resounding thumbs-up to the ...
    2009-04-26 06:00:36

  • Countrywide brand is fading away - CharlotteObserver.com

    Countrywide brand is fading awayCharlotteObserver.com, NCContinued low interest rates and a new government program designed to help borrowers refinance their homes should keep volumes up, Desoer said. “We have a really strong pipeline,” she said. The bank has said it's cutting 7500 jobs in the merger to ...
    2009-04-26 11:23:52

  • 'RBI has placed emphasis on growth concerns' - Sify

    'RBI has placed emphasis on growth concerns'Sify, IndiaThe extension of the special refinance facility accessible by commercial banks to end-March 2010 and a similar extension of the special term repo facility for MFs, housing finance companies and NBFCs once again underscore RBI's endeavour to maintain ...
    2009-04-26 11:29:54

  • POLL-New Zeland's c.bank set to slash rate to record low - Forex Pros

    POLL-New Zeland's c.bank set to slash rate to record lowForex Pros, British Virgin IslandsOn April 1, the RBNZ was forced to say that longer-term interest rates would remain low for a prolonged period, after a rush in consumer demand to refinance home loans at cheap rates forced banks to hedge their exposure, causing swap rates to spike. ...
    2009-04-26 11:54:17

  • Even with A+ credit, refinancing refused - Chicago Daily Herald

    Even with A+ credit, refinancing refusedChicago Daily Herald, ILSomething is just not right within this home refinancing crisis. President Obama wants everyone to refinance and we tried. We are the typical American family with two kids and three cars (two paid off). It is unfair that the banks are using the ...
    2009-04-27 12:12:19

  • Lowest rates in 50 years (Hills News)

    INTEREST rates are at the lowest levels in half a century, prompting a rush of home owners and investors to sign up to variable rate mortgages in the hope of further rate falls.
    2009-04-26 07:08:00

  • Cairns Lockie Mortgage Commentary 23 April 2009 (Scoop.co.nz)

    This is our regular Friday fortnightly newsletter but due to staff holidays on Friday is being sent out today.
    2009-04-26 09:10:55

  • Countrywide brand is fading away (The Charlotte Observer)

    As Bank of America Corp. officially puts its brand on former Countrywide Financial Corp. offices today, the Charlotte bank is also unveiling new initiatives aimed at improving mortgage lending for consumers.
    2009-04-26 11:25:25

  • Mortgage loans boost banks, from Bank of America to Triad (BizJournals)

    A bright spot has emerged for financial institutions amid the darkness of the real estate market: Mortgage loans are up, big time.
    2009-04-26 11:30:07

  • Bank of America Targets Mortgage Image, Strips Countrywide Name (Bloomberg)

    April 27 (Bloomberg) -- Bank of America Corp. , the second- largest U.S. home lender after buying the biggest provider of credit before property prices slumped, hopes to bolster its mortgage brand as it drops the Countrywide Financial Corp. name.
    2009-04-26 11:49:15

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