Mortgage and Financial News From 2009-7-16 Page 01
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Rising unemployment fuels foreclosure crisis - Richmond Times-Dispatch
WASHINGTON -- Relentlessly rising unemployment is triggering more home foreclosures, threatening the Obama administration's efforts to end the housing crisis and diminishing hopes that the economy will rebound with vigor. In past recessions, the ...
2009-07-16 10:59:00 -
BRIEF-Wells Fargo reports loan modification and refinance data - Forbes
Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters. Neither ...
2009-07-16 12:36:00 -
Maryville votes to refinance bonds - Edwardsville Intelligencer
The Maryville Village Board voted to refinance bonds that were issued in 2001 and 1997 to take advantage of the lower interest rates available now by issuing new bonds to replace them. The village will issue $3,005,000 in general obligation series-A ...
2009-07-16 10:56:00 -
HARP- Home Affordable Refinance Program (Explainer) - WSB-TV Atlanta
1. First Mortgage loan amounts up to 125% of your homes current appraised value with and without a second mortgage already attached to your home. 2. “Reduced” qualifying criteria including one times 30 or one times 60 days late on your mortgage ...
2009-07-16 03:14:00 -
Refinance Mess: Issues With HARP - WSB-TV Atlanta
ATLANTA -- The President's "Making Home Affordable" plan is making some people frustrated. Channel 2 Action News has heard several complaints from homeowners hitting obstacles as they attempt to refinance. So consumer investigator Jim Strickland ...
2009-07-16 03:28:00 -
Want to Refinance? Know the Details - CNBC
Do you want to refinance your mortgage under the Home Affordable Refinance program? Good luck. The plan is confusing and confounding. For example, under the program, lenders are supposed to refinance loans with mortgage insurance. But they are ...
2009-07-16 02:24:00 -
BAY ratings affirmed on acquisition of GE's Thai operations - The Asian Banker (subscription)
BAY ratings affirmed on acquisition of GE's Thai operationsThe Asian Banker (subscription)The bank intends to provide up to THB60 billion in financial support for these entities to refinance its borrowings, including borrowings from GE and/or its ...and more »
2009-07-16 07:34:36 -
Deflation or reflation, bull market or bear market rally. Dow ... - Motley Fool
Deflation or reflation, bull market or bear market rally. Dow ...Motley FoolThe yields are still low viewed over long time, which is good for those poor worried homeowners who can refinance. Or the baltic dry index, ...
2009-07-16 07:58:51 -
Shrewsbury approves $8.6M budget - Red Bank Hub
Shrewsbury approves $8.6M budgetRed Bank Hub"Also, some of the decreases we had in our revenue with interest rates low, it's a great time for people to refinance things. But if you have money in the ...
2009-07-16 08:35:39 -
Australia's APPF to raise A$150 mln 3-year -sources - Reuters
Australia's APPF to raise A$150 mln 3-year -sourcesReutersThe unlisted fund told investors during a non-deal roadshow in June that it was reviewing its options to refinance A$150 million ($118 million) of bonds ...and more »
2009-07-16 09:49:05 -
Blackstone Reportedly Advising Terra Firma On Restructuring EMI ... - RTT News
Blackstone Reportedly Advising Terra Firma On Restructuring EMI ...RTT NewsTerra Firma has reportedly been working closely with the Blackstone advisory team for the past several months on ways to refinance EMI's debt, without Terra ...and more »
2009-07-16 10:04:12 -
Foreclosures up for year, down for month - Myrtle Beach Sun News
Foreclosures up for year, down for monthMyrtle Beach Sun News... Obama launched an effort in March to help 9 million people avoid foreclosure by helping them refinance or modifying their loans to lower their payments. ...and more »
2009-07-16 10:10:21 -
DFC Reopens for Loans - Channel 7 Daily News
Channel 7 Daily NewsDFC Reopens for LoansChannel 7 Daily NewsThe new DFC will be able to refinance but as explained by Magloire, only as part of a larger development project. “For example if a farmer has a project in ...
2009-07-16 11:02:27 -
Britt jurors will travel to Cary - FayObserver.com
Britt jurors will travel to CaryFayObserver.comBritt applied for a $630000 loan with BB&T to refinance his house, according to testimony. An agent with the State Bureau of Investigation testified this ...and more »
2009-07-16 11:09:18 -
Largest Tysons Landowner to Sell Holdings - Washington Post
Washington PostLargest Tysons Landowner to Sell HoldingsWashington PostMany commercial property owners are carrying debt and have been forced to refinance or sell their properties. Sources close to Halpin said he is pulling out ...and more »
2009-07-16 11:45:43