Mortgage and Financial News From 2009-9-4 Page 01
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The big four banks need more freedom to lift rates - The Australian
IT wouldn't please Canberra, but arguably the best tonic for bank competition would be an immediate mortgage rate hike from the big four banks to help the smaller banks tap credit markets. That proposition takes some explaining, especially as the ...
2009-09-04 06:18:00 -
Loan Modification Mess: Are Lenders Dragging Their Feet? - KFSM.com
Are mortgage lenders waiting to modify loans because they're hoping the loans will self-cure? Historically, loans that are less than 30 days late will often "self-cure." That's the industry jargon term for a homeowner who figures out how to catch up ...
2009-09-04 05:35:00 -
Auction aimed at securing cash, stature of Leibovitz - AZCentral.com
NEW YORK - Annie Leibovitz had two goals for a proposed series of her famous celebrity photographs, enlarged to 5 feet tall, at a price of $25,000 each. For starters, "She said she would like to make more money," recalled Fifth Avenue gallery owner ...
2009-09-04 05:35:00 -
2 San Jose men accused in mortgage scam - Marin Independent Journal
SAN JOSE, Calif.—Two San Jose men have been accused of bilking hundreds of people who needed help saving their homes from foreclosure. Thirty-nine-year-old Rene Alvarez was arrested Thursday on charges he defrauded 500 California homeowners, most ...
2009-09-04 05:56:00 -
Mercury union approves concessions - Milwaukee Journal Sentinel
The concessions were approved in a two-day vote Thursday and Friday, the International Association of Machinists and Aerospace Workers said Friday evening. Among other things, the union accepted a wage freeze and 30% less pay for new hires and ...
2009-09-04 06:32:00 -
McGurk's home had strings attached - Brisbane Times
TWO of the court cases Michael McGurk was involved in before his death involved loans against the multimillion-dollar family home in Cremorne outside which he lay dead on Thursday night. Mr McGurk's former friend and business partner, the Point Piper ...
2009-09-04 08:20:00 -
Hardline lenders rush to evict mortgage defaulters - News.com.au
RUTHLESS lenders are moving to evict customers who are as little as one repayment behind on their mortgages, court documents show. One lender moved to evict a couple because they had defaulted for a "period exceeding one day" and had not caught up on ...
2009-09-04 09:38:00 -
Government, industry incentives lure S.C. home buyers - The State
Brad Desrochers will get at least $9,000 in cash and credit after he closes on his new home in The Battery at Arsenal Hill next month. And that’s after the 24-year-old Columbia police officer turned down an additional $5,000 in down-payment ...
2009-09-04 10:28:00 -
Bubble looming in Asia? - National Post
Bubble looming in Asia?National PostVariable mortgage rates in Hong Kong and Singapore are at or near 1.5%. Hong Kong's residential prices have risen by more than 20% this year, ...and more »
2009-09-04 04:29:30 -
Mortgage rates near record low - WWLP 22News
WWLP 22NewsMortgage rates near record lowWWLP 22NewsAt last some point rates do have to go back up. There will be inflationary pressure because of the massive bailout and spending by the government." Home ...and more »
2009-09-04 04:42:43 -
A 6-MONTH REPORT CARD ON OBAMA AND THE DEMOCRATIC CONGRESS - American Chronicle
American ChronicleA 6-MONTH REPORT CARD ON OBAMA AND THE DEMOCRATIC CONGRESSAmerican ChronicleRepeat single-family buyers also increased due to their taking advantage of today´s lower mortgage rates. >>> Closing of Guantanamo Prison is still on ...and more »
2009-09-04 04:43:41 -
American Casino - DVD Talk
American CasinoDVD TalkThe thesis is that the investment bankers and insurers who (initially, anyway) reaped the benefits of the mortgage market were moving around questionable ...and more »
2009-09-04 05:08:21 -
Making the most of mortgage overpayments - guardian.co.uk
Making the most of mortgage overpaymentsguardian.co.ukThe figures reveal that last month, the nation's mortgage-holders paid back £418m more than was lent out in home loans. And there was a chunky reduction in ...
2009-09-04 06:08:36 -
Review financial strategies after life events - Kitsap Peninsula Business Journal
Review financial strategies after life eventsKitsap Peninsula Business JournalThe exact amount of coverage you need depends on your individual situation, but you'll probably want at least enough to pay off your mortgage and send your ...and more »
2009-09-04 06:24:03 -
Real Estate - Howell Times
Real EstateHowell TimesAffordable prices and low interest rates are aligning right now with the $8000 credit to form an unprecedented opportunity that is not guaranteed to last ...
2009-09-04 08:57:52