Mortgage and Financial News From 2009-8-15 Page 01
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B of A to give seminar on reverse mortgages - Mydesert.com
You can learn how reverse mortgages can help home-owning seniors, ages 62 years or older, improve their financial well being," says Clayton Behm, reverse mortgage loan officer who will lead the seminar. Information: (760) 773-6973
2009-08-13 02:59:00 -
Retiring? Pay Off Your Mortgage - Wall Street Journal
The collapse of the real-estate market is teaching a painful lesson to many seniors about the risks of carrying debt into retirement. Under most circumstances, any kind of debt cuts into financial flexibility for those on a fixed income. But mortgage ...
2009-08-15 11:06:00 -
Guardian First Funding Group Receives Full-Eagle Approval - Mortgageorb
Guardian First Funding Group Receives Full-Eagle ApprovalMortgageorbBy MortgageOrb.com on Friday 14 August 2009 The US Department of Housing and Urban Development (HUD) has approved New York-based reverse mortgage lender ...
2009-08-14 10:08:32 -
Mortgage maker - ArabianBusiness.com
Launched in November 2008 with $500m capital injection from big-name shareholders, Abu Dhabi Finance already covers over two thirds of the UAE capital’s housing market. Philip Ward, CEO of Abu Dhabi Finance talks to Kat Slowe about what it takes to ...
2009-08-07 06:58:00 -
More Myths About Credit Scores - Best Syndication
The financial crisis has underscored the need to maintain a good credit score and also know what factors have the most effect on the score. Since there is a variety of information about credit scoring, you have to know what information you're getting ...
2009-08-09 05:59:00 -
Hot topic: credit card interest rate increase because of bad economy - San Francisco Examiner
I'm a model bill payer. A textbook obsessive compulsive about making sure my bills are paid on time. I've gotten up in the middle of the night and logged onto on line banking because I thought I was going to cut it close to a credit card due date. I ...
2009-08-08 06:57:00 -
Cut interest rates, halt foreclosures? - Arizona Business Gazette
Steve Sanghi is CEO at Microchip Technology Inc. Question: With the financial turmoil largely being blamed on mortgage-backed securities, why don't the banks simply lower the interest rate across the board to reduce the number of foreclosures? For ...
2009-08-15 06:06:00 -
FDIC Chief: Some Regulatory Plans Bad - Myfoxdc.com
The head of the Federal Deposit Insurance Corp. is arguing against key pillars of the Obama administration's plan to overhaul the financial system, saying they would not survive in Congress and that she has better ideas. In an interview with The ...
2009-08-15 05:44:00 -
Ex-owner goes from locked in to letting go - Minneapolis Star Tribune
Ex-owner goes from locked in to letting goMinneapolis Star TribuneMortgage giant Fannie Mae, which wound up with the property a year ago, originally hoped to renovate and sell the house, one of more than 62000 foreclosed ...
2009-08-14 11:32:13 -
Mortgage Refinance - Tips & Ideas to save lot of money - Pressmap (Pressemitteilung)
Mortgage Refinance - Tips & Ideas to save lot of moneyPressmap (Pressemitteilung)If you need to refinance your mortgage and have a bad credit or poor credit learn how to get bad credit mortgage refinance & also learn about how to apply ...
2009-08-15 02:05:58 -
Accentuating the Positive After a Layoff - New York Times
Accentuating the Positive After a LayoffNew York TimesYou may not even be sure you can pay your mortgage or rent. And now you're supposed to go out and convince employers that you'd be a great hire? ...
2009-08-15 02:45:52 -
Julian Knight: Competition, Lord Myners? Try telling that to ... - Independent
Julian Knight: Competition, Lord Myners? Try telling that to ...IndependentAs a new entrant, the BOC has no burden of bad mortgage debt. Its initial offering is reportedly modest: 25 per cent deposits and triple income multiples. ...
2009-08-15 06:02:33 -
The rise and rise of zombie households - Daily Telegraph Blogs
What should one make of the fact that, according to figures from the Council of Mortgage Lenders, the number of properties being repossessed in the second quarter of the year dropped? Indeed, it actually fell by 10pc on the quarter. Might this be ...
2009-08-15 12:15:00 -
End of the road for super-low trackers - Times Online
Thousands of homeowners who have been paying the best-ever mortgage rates of 0% are braced for a huge repayment shock in the coming weeks. They face a tough decision as to whether they should remortgage, especially after the Bank of England’s ...
2009-08-15 03:07:00 -
The 90% loan is back, but that doesn't mean first timers can get one - Independent
The 90% loan is back, but that doesn't mean first timers can get oneIndependentThe disadvantage of this arrangement is that the credit score for the mortgage will still be based on the first-time buyer and so the interest rate will be ...
2009-08-15 06:01:54