Mortgage and Financial News From 2009-7-17 Page 01

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  • Obama's rent-to-own plan: hope for struggling homeowners? - ABS-CBN

    UNION CITY, CA—Ruby Rubio used to work four jobs in the caregiving industry to pay for her four-bedroom home. In february, she lost two jobs—half her income. “Since February, we have not been able to pay our mortgage. We're trying to have our ...
    2009-07-17 08:28:00
  • Highlights from BofA's (BAC) Q2 Conference Call: Saw 'Robust Acitivity ... - StreetInsider.com

    Shares of Bank of America (NYSE: BAC ) are modestly lower today as the bank's Q2 results came in somewhat mixed. EPS, after deducting preferred dividends of $805 million, came in at $0.33, beating the Street's $0.28 estimate. Sales, meanwhile, were ...
    2009-07-17 01:54:00
  • 'If I could become a sub-prime victim, then anyone can' - The Independent

    When Edmund Andrews laid his hands on $414,000 (£254,000) to buy his dream home, he thought his mortgage lenders were crazy. There was no way he could cover the monthly payments himself, and his wife needed to hit the jackpot in the jobs market if ...
    2009-07-17 06:12:00
  • Dodd: I didn’t know VIP meant perks - Thehill.com

    A senior GOP aide, however, contended that Republicans would get much tougher treatment by ethics watchdogs and the media had they received preferential treatment from a lender. “If they were Republicans, there would be calls from editorial boards ...
    2009-07-17 01:54:00
  • Girlfriend continually ducks bills, mortgage - South Coast Today

    Dear Annie: I have been living with "Lila" for less than a year. She owns her house, but can't afford the mortgage payments. Instead of trying to work out an arrangement with the mortgage company, she opted to simply not pay the mortgage. I moved in ...
    2009-07-17 11:34:00
  • New federal rules protecting applicants for home loans take effect ... - Los Angeles Times

    Reporting from Washington -- If you're applying for a loan to buy a primary or secondary home, or planning to refinance, you should be aware of a little-publicized set of federal consumer-protection rules that take effect July 30. Among other key ...
    2009-07-17 09:32:00
  • Help Pay Off Hampton's Mortgage - KSPR.com

    The "Extreme Makeover: Home Edition" producers want to pay off Chris & Niki Hampton's mortgage on their old house. Here's how you can help. Applebee's is having a pancake breakfast Sunday with all proceeds going toward paying off the mortgage. It's ...
    2009-07-17 05:36:00
  • Firm: NorCal median home price rises in month - Charleston Daily Mail

    LOS ANGELES (AP) - A tracking firm says the median home price in Northern California increased more than 3 percent last month from May to its highest level since October. San Diego-based MDA DataQuick attributed the increases to improved mortgage ...
    2009-07-16 12:08:00
  • Bank of America and Citigroup got big increases from their trading ... - New York Times

    New York TimesBank of America and Citigroup got big increases from their trading ...New York Times“Our credit card and mortgage losses are elevated because of where we are in the cycle,” Mr. Pandit said in a conference call. Commercial real estate has ...and more »
    2009-07-17 11:21:03
  • Dream becomes reality - Kennebec Journal

    Dream becomes realityKennebec JournalTo help Schulte afford the $157000 home, KVCAP secured grants from MaineHousing to bring down the mortgage's principal. The organization also helped Schulte ...
    2009-07-17 11:23:17
  • Times have changed; UEP also should - Cape Coral Daily Breeze

    Times have changed; UEP also shouldCape Coral Daily BreezeMy daughter owns a home in section 6/7. She and her fiance purchased the home two years ago. Her day is spent going to the career service center, ...and more »
    2009-07-17 11:33:28
  • Budget impasse puts state workers in a bind - Pittsburgh Post Gazette

    Budget impasse puts state workers in a bindPittsburgh Post GazetteMr. Rendell sent a letter to the head of the Mortgage Bankers Association of Pennsylvania asking for affected state workers to be able to skip a mortgage ...
    2009-07-17 11:39:45
  • West steps down from position - Natchez Democrat

    West steps down from positionNatchez Democrat... said he received notice from Dockins Friday, notifying him of the West family's intent to purchase the land and funeral home from the mortgage company. ...
    2009-07-17 11:46:37
  • Very few deciding moments in decision-making - Pittsburgh Post Gazette

    Very few deciding moments in decision-makingPittsburgh Post Gazetteor "is it a good time to refinance the mortgage?" can always be put off until tomorrow, at which point I can decide, again, to put off making a decision. ...
    2009-07-17 11:58:40
  • Girlfriend continually ducks bills, mortgage - SouthCoastToday.com

    Girlfriend continually ducks bills, mortgageSouthCoastToday.comDear Annie: I brought my "Aunt Thelma" home from the nursing home, and two days later, her COPD got worse and she went to the emergency room. ...and more »
    2009-07-18 12:01:33