Mortgage and Financial News From 2009-12-28 Page 01
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An early sign of disaster?: Foreclosures in Monroe County should have ... - Pocono Record
Massive Monroe County foreclosures sparked partly by inflated appraisals and mortgage abuses came to light here years before bad home loans sold as securities produced the worst international financial collapse in 80 years. "We look at Monroe County ...
2009-12-28 10:54:00 -
Privatizing Benefits, Socializing Risks: The Roots of our Economic ... - Democratic Underground.com
Gasparino describes the sequence of events: Citigroup, with its mandate now in hand, and with Rubin approving the effort, became one of the biggest creators of mortgage bonds ... home buyers shouldn’t take on mortgages whose payments they couldn ...
2009-12-28 09:57:00 -
Fraud allegations and some of the players - Pocono Record
Larry and Kellie Nau asserted that Northstar Mortgage of Allentown and Blue Ridge Homes raised the agreed 2002 sales price of their West End home by nearly $20,000 — without their knowledge — then forged Larry Nau's signature on some documents.
2009-12-28 11:01:00 -
Ravaged by Consumption - San Antonio Current
As recently as 2003, I went without regular recourse to a bottle of Parker-rated wine. I still shopped with a mental calculator at the “cheap” H-E-B, which was exhausting and emotionally grinding with kids in tow, but that 5 cents here and there ...
2009-12-28 10:54:00 -
Co-signing wasn't a good idea - Fresno Bee
Question: I agreed to co-sign an auto loan with my son. Big mistake. Our agreement was that he would tell us if he couldn't make the payments so our credit wouldn't be affected. Well, he was late, the bank called and we found out he wasn't paying car ...
2009-12-28 11:23:00 -
Florida Supreme Court requires mediation before foreclosure - Miami Herald
The Florida Supreme Court is ordering local judges to adopt a uniform mediation program to help pare down nearly 300,000 foreclosure cases clogging the state's courtrooms. The justices adopted recommendations Monday from a court-appointed task force ...
2009-12-28 11:58:00 -
Dallas-Fort Worth commercial foreclosure filings jumped in 2009 - Dallas Morning News
Commercial property foreclosure filings in the Dallas-Fort Worth area jumped by more than a quarter in 2009. But foreclosures of commercial real estate still account for less than 5 percent of total filings in the four-county area. During 2009 ...
2009-12-28 11:01:00 -
Year house prices proved they could defy gravity - Times Online
It was the disaster that never happened. The picture at the end of 2008 appeared bleak: property prices had plunged by more than 14 per cent, hastened by the collapse of Lehman Brothers in September, and almost every market commentator forecast ...
2009-12-28 05:25:00 -
House, Job, and Income - Photonics.com
If you're serious about buying a house anytime soon, do not underestimate the importance your income and job stability will have on the whole process. For starters, you may want to rule out changing careers unless you're guaranteed to step well up ...
2009-12-28 04:27:00 -
Fannie, Freddie Shares Surge On Stronger Support From Treasury ... - RTT News
(RTTNews) - Monday, Fannie Mae (FNM: News ) and Freddie Mac (FRE: News ) shares surged over 20% on the NYSE after U.S. Treasury Department on Thursday said that it would continue to support the mortgage lenders by removing the limitations of spending ...
2009-12-28 06:08:00 -
Thousands to be saved from losing homes by closure of legal loophole - Times Online
Mortgage lenders will be barred from seizing a borrower’s property without a court order after the closure of a legal loophole, to be announced tomorrow. In a crackdown that will be hailed as a victory for thousands of homeowners struggling to meet ...
2009-12-28 03:44:00 -
A Making Home Affordable Package for Home Mortgage Refinance Loan ... - TMCnet
Are you one of the millions of Americans who has been contemplating a home mortgage refinance? Perhaps you have lost your job, or had to take a cut in pay. You might not be able to sell your house in the current real estate market and are now facing ...
2009-12-28 08:06:00 -
Hingham tax rate going up 10 percent - Abington Mariner
The following is a press release from the Board of Assessors: The Board of Assessors announces the tax rate for the fiscal 2010 year of $10.77 per thousand of valuation. This is up a little over 10 percent from last year’s rate of $9.75 per ...
2009-12-28 06:19:00 -
Three tasks for three days - Chicago Sun-Times
In April you'll be running around trying to find all your tax-related papers and receipts. Instead, do it now. You don't need a fancy system. Just take some large baggies and a shoebox if you don't want to buy one of those plastic file boxes and ...
2009-12-28 07:38:00 -
What Is The Difference Between Getting The Equity Of Your Home And ... - PRLog (free press release)
PR Log (Press Release) – Dec 28, 2009 – Choosing the right way to pay off your financial obligations is a choice that must be made with consideration for all options as well as insight into what each will bring to your future. The main difference ...
2009-12-28 01:14:00