Mortgage and Financial News From 2010-1-14 Page 21
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Yuba-Sutter foreclosures stay steady - Appeal-Democrat
Yuba-Sutter foreclosures stay steadyAppeal-DemocratThough the number of foreclosures in Yuba and Sutter counties was virtually unchanged in December from a year earlier, banks are apparently taking longer to ...and more »
2010-01-14 01:47:58 -
RBI sees anxious about home loan rates - Merinews
RBI sees anxious about home loan ratesMerinewsLenders in India, however, say there is no cause for concern as far as quality of lending is concerned since repayment capacity is assessed based on the ...and more »
2010-01-14 02:07:28 -
GATZMAN: It was too easy to get a home loan: Not appraisers' fault - Modesto Bee
GATZMAN: It was too easy to get a home loan: Not appraisers' faultModesto BeeDuring the housing bubble, we had far more buyers than typical, mainly because lenders and-or mortgage brokers made it extremely easy to qualify for a loan. ...
2010-01-14 02:07:33 -
Total Mortgage Services Receives Full-Eagle Approval For FHA Mortgages - 24-7PressRelease.com (press release)
Total Mortgage Services Receives Full-Eagle Approval For FHA Mortgages24-7PressRelease.com (press release)Total Mortgage Services, LLC, a provider of some of the lowest current mortgage rates, is an industry-leading direct mortgage lender and mortgage broker ...and more »
2010-01-14 02:12:28 -
Local defaults surge | Jobless homeowners are a big reason Lane County's ... - The Register-Guard
Local defaults surge | Jobless homeowners are a big reason Lane County's ...The Register-GuardEach foreclosure costs lenders $50000, according to the Federal Reserve Bank of Chicago. So banks have some motivation to allow a short sale, Senn said. ...and more »
2010-01-14 02:14:54 -
In Subprime Fallout, Women Take Heavy Hit - Women's eNews
In Subprime Fallout, Women Take Heavy HitWomen's eNewssaid Davis, who asked that her real name not be used to safeguard her privacy and prevent more trouble with her mortgage lender. ...
2010-01-14 02:19:55 -
Home Mortgage Deduction Contributed to Housing Collapse - Migration News
The mortgage interest deduction, a tax break long considered a fundamental piece of the American dream, played a major role in the collapse of the housing and financial markets, according to a University of California, Davis, School of Law professor ...
2010-01-12 01:54:00 -
Now Obama wants your IRA - WND.com
Now Obama wants your IRAWND.com... cup and concluded that Jimmy Carter's 17.5 percent home mortgages are already "in the pipeline"? (That is what I paid on my first condominium mortgage. ...
2010-01-14 12:00:48 -
Nevada No. 1 for distressed properties in '09 - Reno Gazette Journal
Nevada No. 1 for distressed properties in '09Reno Gazette Journal“With the potential for the five-year (adjustable rate mortgage) resets along with continued pressure on defaults due to unemployment, notices of default ...and more »
2010-01-14 12:03:56 -
If this can happen to LeeBelle . . . - Charleston Post Courier
If this can happen to LeeBelle . . .Charleston Post CourierNow that her cash reserves are almost depleted, the city is considering a reverse mortgage on her home to pay future bills compiled by lawyers and doctors ...
2010-01-14 12:04:16 -
2009 foreclosure rate bad, but wait until next year - Chicago Daily Herald
2009 foreclosure rate bad, but wait until next yearChicago Daily Herald... of the Illinois Association of Mortgage Professionals in Lombard. "And as long as homes are under water (where more is owed than the home is worth), ...and more »
2010-01-14 12:09:31 -
2009 Foreclosure Activity Drops 11 Percent - Memphis Daily News
2009 Foreclosure Activity Drops 11 PercentMemphis Daily NewsEven though Memphis and Shelby County governments went to the federal courthouse at the end of the year to file a long-awaited lawsuit over dubious mortgage ...and more »
2010-01-14 12:13:01 -
Holiday moratoriums slowed California foreclosures in December - Los Angeles Times
Holiday moratoriums slowed California foreclosures in DecemberLos Angeles TimesMortgage titans Fannie Mae and Freddie Mac last month halted foreclosures through Jan. 3, and Citigroup Inc. said it would suspend some foreclosures through ...and more »
2010-01-14 12:23:08 -
Job surge boosts dollar, bank shares - ABC Online
Job surge boosts dollar, bank sharesABC OnlineThe major banks had been factoring in the risk of higher unemployment causing a rise in mortgage defaults, but now that it looks likely that unemployment ...and more »
2010-01-14 12:24:49 -
Fear mounts of a US-style real estate bubble in China - Peninsula On-line
Fear mounts of a US-style real estate bubble in ChinaPeninsula On-lineHe borrowed from family and friends to meet mortgage payments twice as big as his take-home pay. But in the middle of last year, he sold the apartments for ...and more »
2010-01-14 12:30:06