Mortgage and Financial News From 2009-11-25 Page 01
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Local Family On Verge Of Losing 'Extreme Makeover' Home - San Diego Channel
He failed several times to modify the loan with IndyMac, and he even fired an attorney, Mike Curran. "Providing documents, and providing documents again and again and again, and they still don't have a modification at this point," said Curran.
2009-11-25 08:20:00 -
Homeowners in clear after judge throws out mortgage - Newsday
... loan away.' We just wanted them [the bank] to be reasonable." Horoski and his wife, Diana Yano-Horoski, 55, purchased the four-bedroom, three-bath home in 1994 for $178,000 and refinanced in 2004 for $292,500. They fell behind on their mortgage ...
2009-11-25 08:56:00 -
Onward, Christian Subprime Lenders? - Barron's Online
... loans to those who made them, sold them and repackaged them into toxic derivatives, whose fallout has yet to be purged from the financial system. But the Atlantic's cover induces readers to learn "How preachers are spreading a gospel of debt ...
2009-11-25 09:03:00 -
NZ housing affordability worsens in Oct - report - Forbes
WELLINGTON, Nov 26 (Reuters) - New Zealand housing affordability worsened sharply in October because of higher fixed mortgage rates and house prices, a report showed on Thursday. The increases raised the proportion of after-tax pay needed to service ...
2009-11-25 09:03:00 -
Mortgage rates fall to April levels - Riverside Press Enterprise
Fixed 30-year mortgage rates dropped for a fourth consecutive week, matching a record low set in April, in a decline that may further support increasing sales in the battered housing market. The rate dropped to 4.78 percent from 4.83 percent last ...
2009-11-25 08:06:00 -
I-Team: Foreclosure Ground Zero - WCPO
Gladys and Henry Jones bought their piece of the American dream in 2006, a home they could afford. After all, Gladys had been working at Children's Hospital for years and they knew their budget could handle the mortgage payments. Then in late 2007 ...
2009-11-25 08:34:00 -
Mortgage Five-Star Overview - FT Adviser
Mortgage Five-Star OverviewFT AdviserPink Home Loans and The Mortgage Works occupy fourth and fifth spots respectively, which is a reversal of the positions the two held in 2008. ...and more »
2009-11-25 07:07:42 -
Jenkins: The Ugly AIG Post-Mortem - Wall Street Journal
Jenkins: The Ugly AIG Post-MortemWall Street JournalFor the taxpayer has assumed much huger liabilities to keep homeowners in their homes, to keep mortgage payments flowing to investors, to fatten the ...and more »
2009-11-25 07:09:40 -
Pink Home Loans Five-Star Award - FT Adviser
Pink Home Loans Five-Star AwardFT AdviserOur role is to help a broker place a mortgage first time with a lender and save valuable time." Pink Home Loans has consistently built up a good track ...
2009-11-25 07:12:54 -
FTBs are returning to the housing market - BoE - FT Adviser
FTBs are returning to the housing market - BoEFT AdviserAccording to recent figures released by the Council of Mortgage Lenders, gross mortgage lending increased by 5 per cent between October and September. ...and more »
2009-11-25 07:13:41 -
Who should be woken up by 'Wo Ju'? - People's Daily Online
People's Daily OnlineWho should be woken up by 'Wo Ju'?People's Daily OnlineThere is a popular saying in China, "It's pathetic for one to be a home mortgage slave, but it's even more pathetic when one is not qualified to be a ...
2009-11-25 07:21:55 -
Household Debt Hits All-Time High - The Chosun Ilbo
Household Debt Hits All-Time HighThe Chosun IlboThe increase was due in large part to an increase in mortgage loans, which increased by W19.5 trillion in the first three quarters, larger than the entire ...and more »
2009-11-25 07:36:04 -
Babijian Pleads Guilty To A Misdemeanor - The Beverly Hills Courier
Babijian Pleads Guilty To A MisdemeanorThe Beverly Hills CourierThe wide-ranging and sophisticated scheme defrauded mortgage lenders by obtaining inflated mortgage loans on expensive homes in some of California's most ...
2009-11-25 07:39:44 -
Keep rates on hold: Aussie Home Loans - Sydney Morning Herald
Keep rates on hold: Aussie Home LoansSydney Morning HeraldLeading mortgage broker and non-bank lender Aussie Home Loans has called on the central bank to leave official interests rates on hold at its board meeting ...and more »
2009-11-25 07:39:46 -
Kucinich and Obama - Firedoglake (blog)
Kucinich and ObamaFiredoglake (blog)We could have demanded language in the legislation that would have empowered the Treasury to compel mortgage servicers to rework the terms of mortgage loans ...
2009-11-25 07:49:31