Mortgage and Financial News From 2009-7-25 Page 01
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Homes lost even as residents deal - News-Press
Banks say they're swamped with inquiries and are just now completing the first mortgage "loan modifications" under the Obama administration's Making Home Affordable plan, the program begun in April requiring borrowers to make three months of ...
2009-07-26 12:07:00 -
Banks show little interest in lending - The Guardian
One missed credit-card payment never used to be reason enough to refuse a mortgage application. But in these times of financial crisis , the few lenders left in the market are pickier than ever. According to Ray Boulger, senior technical manager at ...
2009-07-25 06:02:00 -
City mills, malls face economic challenges - Pittsburgh Tribune Review
The Galleria at Pittsburgh Mills Web site invites visitors to "shop where the shops are," but there are plenty of spaces in the huge mall off Route 28 in Frazier with no shops. Mall management says occupancy is more than 90 percent. A canvass of ...
2009-07-25 11:03:00 -
Paying For College To The Nth Degree - Hartford Courant
Colleges are starting to send out fall tuition bills, and signs indicate that more families will be struggling to pay. Applications for federal student aid are up. More families are appealing aid packages to get additional assistance. And more ...
2009-07-25 10:20:00 -
It's the death of competition - Independent
THE likely news from Halifax that it is either scrapping or drastically pruning its 44-strong Irish retail branch network and Permanent TSB's decision to up mortgage rates by 0.5 per cent demonstrate that competition has been one of the most notable ...
2009-07-25 10:48:00 -
Lenihan urged to reverse rate rise - Independent
FINANCE Minister Brian Lenihan was under growing pressure last night to force Permanent TSB to reverse its decision to raise its mortgage interest rate by 0.5 per cent, a move which industry experts believe will almost certainly be followed by other ...
2009-07-25 10:48:00 -
Open House: Low prices and interest rates are encouraging first-timers ... - Palm Beach Interactive
Home prices are low, but their rate of decline is generally slowing. In some markets, prices have stabilized or are rising. Home sales activity is slowly rising. Mortgage rates are remaining at historic low levels. "Low mortgage rates are helping to ...
2009-07-25 10:56:00 -
Banks show their thanks by raising rates - Irish Independent
Banks show their thanks by raising ratesIrish IndependentThe increase in mortgage rates will be a savage blow to homeowners, many thousands of whom are still coming to terms with the reality that their loans far ...and more »
2009-07-25 11:00:48 -
Lessons from the financial crisis - Chattanooga Times Free Press
Chattanooga Times Free PressLessons from the financial crisisChattanooga Times Free Press... to mortgage-backed securities and collateralized debt and mortgage obligations. As central banks everywhere lowered interest rates and credit conditions ...
2009-07-25 11:02:53 -
Unusual times call for Bernanke measures - Business Report
Unusual times call for Bernanke measuresBusiness ReportThat might have Congress squawking about higher mortgage rates but if the economy is healthy enough to withstand less accommodating monetary policy it will ...and more »
2009-07-25 11:05:03 -
Village to celebrate summer's end with free swim - Tiffin Advertiser Tribune
Village to celebrate summer's end with free swimTiffin Advertiser TribuneHenry also said the USDA mortgage papers signed by the village for its water treatment plant and reservoir cannot be located at the county recorder's office ...
2009-07-25 11:07:44 -
A new normal: Residential real estate down considerably in Houston ... - Macon Telegraph
A new normal: Residential real estate down considerably in Houston ...Macon Telegraph... called Georgia Dream Homeownership Program, is for people with low-to-moderate incomes and offers fixed, low-interest-rate mortgage loans. ...and more »
2009-07-25 11:09:47 -
Paying off mortgage before retiring is wise - Charleston Post Courier
Paying off mortgage before retiring is wiseCharleston Post CourierBut Park Ridge, Ill., financial planner Gary Bowyer said retirees often are subject to low tax rates, and avoiding mortgage interest is a better deal than ...and more »
2009-07-25 11:10:26 -
Winds of change endanger lives - FayObserver.com
Winds of change endanger livesFayObserver.comAnd in defense of the large increases in coastal insurance rates, the NC Department of Insurance writes, "since 1950, North Carolina has seen 24 named ...
2009-07-25 11:13:42 -
Americans paying off debt at rates unseen since 1952, slowing ... - Palm Beach Post
Americans paying off debt at rates unseen since 1952, slowing ...Palm Beach PostBank holdings of Treasuries and debt of mortgage companies Fannie Mae of Washington and mclean, Virginia-based Freddie Mac totaled $1.33 trillion in the ...
2009-07-25 11:14:23