Mortgage and Financial News From 2009-8-11 Page 01
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Fed Gathers To Take Economy's Pulse - KSAT 12
WASHINGTON -- With the economy turning a corner, Federal Reserve policymakers will consider whether some consumer lending programs intended to ease the recession and stem the financial crisis should be extended. Fed Chairman Ben Bernanke and his ...
2009-08-11 01:39:00 -
Mortgage workshop is Saturday - News-Democrat
State officials are hosting a free mortgage workshop on Saturday in Collinsville to help metro-east residents at risk of foreclosure. Mortgage counselors will be available from 10 a.m. to 1 p.m. at the Blum House, 414 W. Main St., to provide ...
2009-08-07 04:18:00 -
General Growth Properties Announces Denial of Motions to Dismiss - PR Inside
General Growth Properties, Inc. (the “Company”) announced today the Motions to Dismiss the Chapter 11 cases of certain subsidiaries of the Company filed by ING Clarion Capital Loan Services, Helios AMC, LLC, Metropolitan Life Insurance Company ...
2009-08-11 07:51:00 -
Get foreclosure help tonight - Oxford Press
Then come to the free “Feeling the Heat” presentation tonight, Aug. 11, beginning at 6 p.m. at Miami University’s Middletown campus’s Verity Lodge, at 4200 E. University Blvd, Middletown. The free presentation, offered by LifeSpan, a ...
2009-08-11 06:18:00 -
Mortgage Lender Shuts Down Unexpectedly - WCPO
Bad news for some Tri State families who were in the process of buying a home...or refinancing their current home: The deal is off. The reason: The lender that was going to assume the mortgage has shut down. The lender -- Taylor Bean Whitaker of ...
2009-08-11 04:38:00 -
Bowling alley owner tries to keep business open - Alton Telegraph
Bowling alley owner tries to keep business openAlton TelegraphKammann said he has been paying interest on the loan and attempting to refinance, but Illinois National is not interested. He said he is attempting to ...
2009-08-11 09:07:09 -
ShoreBank Stands By Its Mission in Harrowing Times - Chicago Public Radio
ShoreBank Stands By Its Mission in Harrowing TimesChicago Public Radio... into a 30-year fixed rate mortgage they could afford, about $1600 a month—it was just soon enough. Since the refinance, Carl and Adrian say they've been ...
2009-08-11 10:11:14 -
Not in your best interest - Sydney Morning Herald
Not in your best interestSydney Morning HeraldThere are people who "can't refinance for love nor money to get out of the problem because of exit fees ... it's been a master stroke by some of these ...
2009-08-11 11:16:49 -
Hamish McRae: The jobs market has changed for ever - The Independent
We are not through this one yet by any means. Today we get the troubling reminder that the havoc being caused by the recession has still some way to run, the monthly unemployment numbers. We also get the Bank of England's latest assessment of the ...
2009-08-11 06:54:00 -
Mortgage Hirings Leap - Earthtimes
DALLAS, Aug. 10 /PRNewswire/ -- Hirings at U.S. mortgage firms outpaced layoffs by more than 8,000 in the MortgageDaily.com Second Quarter Mortgage Employment Analysis . One company had more impact on mortgage employment than any other. Lenders laid ...
2009-08-10 06:02:00 -
Shortage of homes boosts prices - Enfield and Haringey Independant
House prices rose by 1.6% during June House prices rose by 1.6% during June House prices rose by 1.6% during June as the market continued to gain support from a shortage of homes for sale, figures revealed. The increase pushed up the average cost of ...
2009-08-11 05:49:00 -
Zillow: Mortgage rates rise in Pennsylvania and across U.S. - Birmingham Business Journal
Average mortgage rates in Pennsylvania rose last week, reflecting a national trend, according to mortgage rate Web site Zillow.com. In Pennsylvania, the average rate on a 30-year, fixed-rate mortgage was 5.38 percent for the week ended Aug. 9, up ...
2009-08-11 11:01:00 -
Metro New-Home Starts Remain Steady for June - RealEstateRama
Metro New-Home Starts Remain Steady for JuneRealEstateRamaLow mortgage rates and the tax credit should be powerful motivating factors for buyers in the second half of the year.” Underwood compared the current ...
2009-08-11 02:40:24 -
Dollar might again start rising on good news - Marketwatch
NEW YORK (MarketWatch) -- With U.S. interest-rate hikes over the next year an increasing possibility, the U.S. dollar is expected to reverse to more normal behavior for a currency, such as rising on positive economic news that might eventually lift ...
2009-08-11 01:46:00 -
Mortgage clinic restructures loans for homeowners - WTVM
ATLANTA (AP) - More than 25,000 troubled homeowners showed up to the Georgia World Congress Center Tuesday for the final stretch of a 5-day event that matched homeowners with counselors and lenders to keep families out of foreclosure. The ...
2009-08-11 03:33:00