Mortgage and Financial News From 2009-7-19 Page 01
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Home affordability fluctuations continue - Stuff
Homes are becoming less affordable again due to a rise in house prices and a slight rise in average fixed mortgage interest rates. Affordability improved through 2008 as interest rates fell sharply, house prices fell and tax cuts kicked in. The run ...
2009-07-19 08:25:00 -
Foreclosure’s impact on your credit depends on many factors - Detroit Free Press
But how you handle the final days of your mortgage could impact your ability to get credit cards, take out student loans or do other borrowing for the next five to 10 years. There are basically three choices if paying your mortgage, refinancing or a ...
2009-07-19 03:39:00 -
The role fraud played in the mortgage crisis...interview with an ... - San Francisco Examiner
After writing several articles about this country’s mortgage meltdown and the little-talked about role which illegal aliens have played in this crisis, a woman who I will call “Mary” contacted me with inside information on the crisis. What ...
2009-07-19 08:04:00 -
Family of eight gets new home with no mortgage - WKYC
LORAIN COUNTY -- Cheryl Hamilton broke down in tears the moment she was wheeled into her new home. The Grafton Township mother had dreamed of the day, her husband and their six children would have a place to call their own. "Oh my gosh," Hamilton ...
2009-07-19 06:02:00 -
Mortgage Borrowers May Get Rental Option - Wiredpr News
Homeowners delinquent in mortgage payments may one day be granted the option to rent their home to avoid eviction. Press Release Service – Wired PR News – Homeowners who fall behind on their mortgage payments may one day be given a viable option ...
2009-07-19 10:05:00 -
Now could be the time for a mortgage transaction - Dallas Morning News
Rachel Kelley, a medical writer in Plano, ran into financial trouble after her work was cut to part time and is now trying to refinance with Bank of America, which acquired her original lender last year. 'I cannot afford my house payment anymore ...
2009-07-19 11:53:00 -
Decline in jumbo real estate loans looms - Bizjournals.com
Decline in jumbo real estate loans loomsBizjournals.comOne of those factors is the decline in value of investment portfolios, something unique to the higher-end home buyer who often will use available cash to ...
2009-07-19 11:34:36 -
Wake-up for dreamers: Barefoot Investor - PerthNow
Wake-up for dreamers: Barefoot InvestorPerthNowJames is looking to build a home for his young family, while Katherine has taken on a mortgage by herself (a man is not a financial plan!). ...
2009-07-19 11:34:45 -
Day planner - Augusta Chronicle
Day plannerAugusta Chronicle- Tuesday and Thursday: Eliminate Your Mortgage and Consumer Debt workshop; 7:30 pm, Hawthorn Suites, 4049 Jimmie Dyess Parkway; open to homeowners and ...
2009-07-19 11:43:22 -
From Staff Reports - Augusta Chronicle
From Staff ReportsAugusta ChroniclePaula Bennett, the senior mortgage loan officer for the Bank of America Home Loans Augusta Office, was the top producer for June. ...
2009-07-19 11:43:28 -
Top US banks reveal stellar earnings in crisis - Dispatch Online
Top US banks reveal stellar earnings in crisisDispatch Online... and it has set aside more than 30 billion to cover future losses from surging credit card charge-offs and mortgage and home equity losses. ...and more »
2009-07-20 12:04:09 -
Do you know how you are paid? - Examiner.com
Do you know how you are paid?Examiner.comHow comfortable do you feel knowing that when mortgage rates go up, the price of cutting your paycheck is also going up? Balancing the corporate budget on ...
2009-07-20 12:06:31 -
Business Digest: Fort Myers litigator makes '40 Under 40' - The News-Press
Business Digest: Fort Myers litigator makes '40 Under 40'The News-PressThe seminars will cover such topics as the benefits of home ownership; pre-qualification, pre-approval and refinancing; the loan process, mortgage terms, ...
2009-07-20 12:12:09 -
'I got a loan in 20 minutes … but things change.' Mark Bonacorso - Arizona Daily Star
'I got a loan in 20 minutes … but things change.' Mark BonacorsoArizona Daily StarHe wants to keep his house, though his monthly mortgage payments require him to dip into his savings. But since he still owes $405000 and the house was ...
2009-07-20 12:12:50 -
Gulf Coast easy target for flips - Sarasota Herald-Tribune
Gulf Coast easy target for flipsSarasota Herald-Tribune... the partners would get a larger mortgage. Those mortgages created a steady flow of cash -- just like homeowners who take out home-equity loans to tap ...
2009-07-20 12:14:17