Mortgage and Financial News From 2009-7-6 Page 01
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Cap Taxes, Trade Congress - American Thinker
I'm all for cap ‘n trade; it's a nifty idea. Simply splendid. Positively stupendous. Brilliant beyond brilliant. I just have a different take on the whole notion. I prefer very stringent caps on taxes and spending, coupled with a 2010 trade-in of ...
2009-07-07 12:01:00 -
Rushing leads to mistakes - Altoona Mirror
If there has been a pattern in national politics this year, it has been a rush to enact far-reaching legislation without due deliberation. That has been seen in various programs to bail out companies and stimulate the economy. The $787 billion ...
2009-07-06 10:21:00 -
New Home Appraisal Codes Anger Some - Wbaltv.com
BALTIMORE -- Some realtors, mortgage companies and homeowners said they want the latest requirements for selling or refinancing homes revised or tossed out because they're hurting homeowners and the mortgage industry. The Home Valuation Code of ...
2009-07-06 05:20:00 -
Lenders avoid redoing loans, Fed concludes - Boston Globe
Mortgage lenders don’t try to rework most home loans held by borrowers facing foreclosure because it would probably mean losing money, a study released yesterday by the Federal Reserve Bank of Boston concludes. The Boston Fed’s findings suggest ...
2009-07-07 12:23:00 -
Loan-Modification Work May Flout Ethics Rules, N.J. Panels Warn - Law.com
Attorneys who represent customers of mortgage-modification companies -- increasingly attractive work these days -- are at risk of losing their law licenses if they split fees with the financiers, two New Jersey Supreme Court committees say. In a ...
2009-07-06 09:59:00 -
IMS Named to Mortgage Technology’s “Top 50 Service Provider ... - PR Inside
Integrated Mortgage Solutions : (IMS), a collateral protection : resource for the mortgage servicing industry, has been recognized by Mortgage Technology Magazine : as an industry leader and is the only collateral protection resource named to the ...
2009-06-30 08:16:00 -
In Blow to Housing, Risky Mortgage Losses Seen Rising - CNBC
The more dire assessment will likely "significantly impact" bonds originally carrying AAA ratings, S&P said in a report. Increased assumptions for total losses on subprime and Alt-A residential mortgage-backed securities come amid declines in market ...
2009-07-06 03:40:00 -
Stalled Infrastructure Projects: What it Means for Investors - Jutia Group
Stalled Infrastructure Projects: What it Means for InvestorsJutia GroupRetail lenders are far more conservative, warning potential homebuyers that they will need “serious skin in the game” in order to qualify for a mortgage. ...and more »
2009-07-06 08:16:57 -
Father, daughter accused of real estate fraud - abc7news.com
Father, daughter accused of real estate fraudabc7news.comBut at the end of last year, she started getting default letters; mcconville had stopped the mortgage payments. The bank foreclosed and Voss's finances are ...and more »
2009-07-06 08:26:48 -
US companies sell bonds, gather cash - China Post
US companies sell bonds, gather cashChina Post... New York, and dozens of other companies had other plans. After watching credit dry up almost overnight as the subprime mortgage contagion spread in 2007 ...and more »
2009-07-06 10:00:25 -
Wringing the most out of loans in tight times - Minneapolis Star Tribune
Wringing the most out of loans in tight timesMinneapolis Star TribuneSince then, lenders have backed away from even solid borrowers and the secondary markets froze shut for all but government-insured mortgage loans. ...and more »
2009-07-06 10:43:29 -
ACORN's “Muscle for Money” does the bidding of SEIU - The San Francisco Examiner
ACORN's “Muscle for Money” does the bidding of SEIUThe San Francisco Examiner2009 - The House of Representatives passes the Mortgage Reform and Anti-Predatory Lending Act, which provides $140 million in grants for legal assistance ...and more »
2009-07-06 10:47:13 -
Make money at home with Twitter! - 6abc.com
Make money at home with Twitter!6abc.comHowever, we did get a response from the real Aspen Consultancy, which is a mortgage brokerage firm. The legitimate Aspen Consultancy says it has nothing to ...and more »
2009-07-06 10:48:02 -
Boost in Food-Stamp Funding Percolates Through Economy - Wall Street Journal
Boost in Food-Stamp Funding Percolates Through EconomyWall Street JournalEmployed by the state as a home aide, she has seen her hours cut and her mortgage payments rise. Still, the food-stamp boost has increased her purchasing ...and more »
2009-07-06 11:00:43 -
Picks and Pans From Market Pros - Wall Street Journal
Picks and Pans From Market ProsWall Street Journal... commercial mortgage-backed securities, distressed debt and leveraged loans. Mr. Paulson even purchased shares of some big banks and financial companies, ...and more »
2009-07-06 11:00:49