Mortgage and Financial News From 2009-11-29 Page 01
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Treasury to meet with mortgage servicers Monday - Daily Journal
WASHINGTON (Reuters) - The Treasury Department is expected to meet with lenders on Monday to press them to do more to rework troubled home mortgage loans, a source familiar with the Treasury's thinking said. Herbert Allison, the Treasury Department's ...
2009-11-29 10:53:00 -
Taylor, Bean & Whitaker and Colonial Bank failures could cost Freddie ... - St. Petersburg Times
Federally run home-loan guarantor Freddie Mac said the ripple from failures of Ocala-based Taylor, Bean & Whitaker and Colonial Bank could cost it more than $1 billion to clean up. In regulatory filings Monday with the Securities and Exchange ...
2009-11-24 12:57:00 -
The Office of the Comptroller of the Currency Gives Wells Fargo & Company ... - Trading Markets (press release)
The Office of the Comptroller of the Currency Gives Wells Fargo & Company ...Trading Markets (press release)... volume of Home Mortgage Disclosure Act (HMDA) and CRA reportable loans in relation to the dollar volume of bank's deposits in its assessment areas. ...and more »
2009-11-29 10:25:55 -
Mortgage agent saves the day for local family - Culpeper Star Exponent
Culpeper Star ExponentMortgage agent saves the day for local familyCulpeper Star Exponent... knew just who to turn to β local mortgage agent Dave Dunwody. βHe (Dunwody) basically cleared his schedule to help us save our home,β Dave Giza said. ...
2009-11-29 10:26:21 -
Live from the kitchen - Nashua Telegraph
Live from the kitchenNashua TelegraphTheir wildest dream in terms of income wouldn't even pay a mortgage. Still, it could be more difficult, as Del Llano notes: βI'm already in the ...and more »
2009-11-29 10:36:08 -
Economic data gives Reserve Bank a mixed lead but analysts still tip rate rise - Business Spectator
Economic data gives Reserve Bank a mixed lead but analysts still tip rate riseBusiness SpectatorOverall credit growth was unchanged in October as a steep fall in business lending balanced strength in mortgage borrowing. The Housing Industry Association ...and more »
2009-11-29 10:48:29 -
TD Bank's US real estate exposure higher than thought, report says - Globe and Mail
TD Bank's US real estate exposure higher than thought, report saysGlobe and MailWhile home sales and construction have picked up in recent months, commercial real estate activity continued to fall markedly in most areas of the United ...and more »
2009-11-29 11:02:48 -
UK Estate Agents Force Buyers Into Mortgage Loans - E1 News
UK Estate Agents Force Buyers Into Mortgage LoansE1 NewsAccording to the study, estate agents oftentimes force potential home buyers to use in-house mortgage services even if buyers have no need in them. ...
2009-11-29 11:03:22 -
Asia's asset bubbles fuel global financial instability - World Socialist Web Site
Asia's asset bubbles fuel global financial instabilityWorld Socialist Web SiteSingapore government has shut down lending schemes that allowed buyers to defer mortgage payments on unfinished developments, and plans to release more land ...and more »
2009-11-29 11:04:16 -
Abandoned mom gets help with mortgage payment - Times Record News
Abandoned mom gets help with mortgage paymentTimes Record NewsMarissa had never missed a payment in the 10 years she's owned the home; in fact, she's never been late. She told the mortgage company of her predicament, ...
2009-11-29 11:09:01 -
Dave Ramsey: Eliminating debt is best way to build wealth - Knoxville News Sentinel
Dave Ramsey: Eliminating debt is best way to build wealthKnoxville News SentinelQ: Can you please explain how a home equity loan works? Do you ever recommend them? A: It's simple. A home equity loan is a second mortgage. ...and more »
2009-11-29 11:10:55 -
Loan guarantees need a closer look - Concord Monitor
Loan guarantees need a closer lookConcord MonitorThe hedge funds dramatically write down the homeowner's balance, reducing, in one example, a $440000 mortgage to $314000. They then refinance the new ...and more »
2009-11-29 11:11:49 -
The FHA goes upmarket - Washington Post
The FHA goes upmarketWashington PostIn recent decades, its mission has been to enable lower-income Americans to tap otherwise inaccessible mortgage credit. Purchasers who meet certain ...and more »
2009-11-29 11:17:13 -
Blueprint: Give, get and grow help - Online Athens
Blueprint: Give, get and grow helpOnline AthensThe Ark will have rent and mortgage assistance to keep families in their homes for the holidays. Rent and utility assistance also is available through the ...
2009-11-29 11:21:43 -
Four more houses to be torn down - SalemNews.net
Four more houses to be torn downSalemNews.netSALEM - Federal money from the Neighborhood Stabilization Program (NSP) has already been used to tear down 11 houses in the ...and more »
2009-11-29 11:22:52