Mortgage and Financial News From 2009-5-6 Page 01

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  • Your Finances In A Rut? Log On And ‘Thrive’ - Jewish Week

    ‘You’re overspending — slow down.” That’s the advice I received when I first logged onto Thrive (www.justthrive.com), which bills itself as a free online personal finance adviser. Eighty percent of other users got the same advice. Like Mint ...
    2009-05-06 09:21:00
  • More house price falls 'likely' - BBC News

    The lender, now part of the Lloyds Banking Group, says prices fell by another 1.7% in April, pushing the annual decline from 17.5% to 17.7%. It means that the average UK property is now worth £154,716, £33,264 less than a year ago. The Halifax ...
    2009-05-06 07:13:00
  • Entertainment Properties Trust Reports First Quarter Results - StreetInsider.com

    Total revenue increased 1% to $66.7 million for the first quarter compared to $65.9 million for the same quarter in 2008. Net income available to common shareholders decreased 17% to $17.8 million from $21.5 million for the same quarter in 2008. Net ...
    2009-05-06 05:50:00
  • Making extra mortgage payment will reduce principal faster - Dallas Morning News

    I have a new mortgage loan of $328,000 at 5.25 percent. Recently I got a direct-mail offer that said if I pay the mortgage biweekly, I can save about $100,000 during the loan repayment period. Can I pay one additional installment every year directly ...
    2009-05-05 07:52:00
  • More house price falls 'likely' - BBC News

    More house price falls 'likely'BBC News, UKThe Halifax data uses a measure to calculate the annual house price change which compares the past three months with the same quarter a year earlier, a method which it says irons out any short-term price fluctuations. When comparing Halifax's average ...
    2009-05-06 03:42:18
  • More Than One Fifth of All American Homeowners Now Underwater on a ... - IT News Online

    More Than One Fifth of All American Homeowners Now Underwater on a ...IT News Online, India... owed on the mortgage when the owner cannot make the mortgage payments. By accepting a short sale, the lender can avoid a lengthy and costly foreclosure, and the owner is able to pay off the loan for less than what he owes. To calculate short sales, ...
    2009-05-06 07:02:49
  • All You Need To Know About A Residential Mortgage - Nurido

    All You Need To Know About A Residential MortgageNurido, AustriaDo you have the means (ie stable financial income) to repay your would-be residential mortgage? Of course, you wouldn't want your solution to be a problem in the future right? Analyze and calculate if you can manage to pay your residential mortgage in ...
    2009-05-06 11:58:45
  • Privatizing Pensions - American Enterprise Institute

    Privatizing PensionsAmerican Enterprise Institute, DC - Leon AronUnlike the "basic" part, the "insured" segment is tracked in the newly opened individual accounts and used to calculate additions to the "basic" pension. For the first time, an annual statement allows the worker to monitor his or her employer's ...
    2009-05-06 06:47:59
  • End the Government-Sponsored Cartel in Credit Ratings - American Enterprise Institute

    End the Government-Sponsored Cartel in Credit RatingsAmerican Enterprise Institute, DC - Alex J. PollockThis designation is not a statutory requirement, but a regulatory initiative, originally a very narrow one: to specify which ratings could be used to calculate broker-dealers' required capital. The idea was subsequently picked up by various other ...
    2009-05-06 06:55:58
  • The Last Trillion-Dollar Commitment - American Enterprise Institute

    The Last Trillion-Dollar CommitmentAmerican Enterprise Institute, DC - Peter J. Wallison, Charles W. CalomirisNevertheless, we can calculate the minimum amount of Freddie's exposure. In the same report, Freddie disclosed that $190 billion of its loans were categorized as Alt-A and $68 billion had FICO credit scores of less than 620, so that they would clearly ...
    2009-05-06 06:56:00
  • Making extra mortgage payment will reduce principal faster - Dallas Morning News

    Making extra mortgage payment will reduce principal fasterDallas Morning News, TX - Scott BurnsI calculate the savings at about $71429. If we also considered the purchasing power of the money repaid and some loss in tax savings (because you'll pay $71429 less in tax-deductible interest), the saving in real purchasing power would be even less. ...
    2009-05-06 09:50:54
  • How much life insurance do you really need? (Bankrate.com)

    Life insurance is something you buy and hope you'll never use. But if you have anyone in your life who depends on your income, you might want to give it some thought. The big questions to answer: Do you need it? If so, how much should you buy? And what kind should you get?
    2009-05-06 06:43:10
  • More Than One Fifth of All American Homeowners Now Underwater on a Mortgage (PR Newswire via Yahoo! Finance)

    accelerating Rates of Negative Equity;
    2009-05-06 07:00:00
  • Nearly 30 Percent of San Diego Mortgages Underwater (Voice of San Diego)

    New data show how many local properties could be forced into short sales or foreclosure if their owners lose their jobs, need to move, or fall behind on their payments.
    2009-05-06 10:24:17
  • Get out of house with Chinese drywall, doctor tells family (CNN)

    Yorelle Haroush fled a million-dollar South Florida home this week, chased out, she said, by drywall made in China that's emitting vapors that smell like rotten eggs.
    2009-05-06 01:27:18