Mortgage and Financial News From 2010-2-5 Page 01

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  • Mortgage Refinancing Tips - Associated Content

    Mortgage refinancing requires establishing a new home loan to pay off original mortgage notes. Borrowers can refinance their home to obtain a reduced interest rate, change the type of loan, or receive cash from accrued equity to pay off debts, make ...
    2010-02-05 08:53:00
  • Don't overlook tax break of mortgage points - Yahoo Finance

    Exactly how much of one and when depends on the loan circumstances. In this tax tip: Get maximum deduction. Refi points. Challenge amortization rule. Serial refinancing ... deductibility rules also apply to home equity loans or home equity lines of ...
    2010-02-05 04:57:00
  • Bank of America, Toyota, Lloyd’s, UBS in Court News (Update1) - BusinessWeek

    (Updates Bank of America in New Suits section and Midway in Lawsuits. Adds Toyota in New Suits and Lloyd’s of London, JPMorgan and Chiquita in Lawsuits.) By Elizabeth Amon Feb. 5 (Bloomberg) -- Kenneth D. Lewis, who presided over two bailouts at ...
    2010-02-05 07:34:00
  • Great tax deductions to remember - FederalNewsRadio.com

    "I can't think of a better thing to do when you're snowed in than sit down and start doing your 2009 federal and state income taxes." Okay, admittedly, registered employee benefit consultant Ed Zurndorfer may have a slightly altered sense of "winter ...
    2010-02-05 09:43:00
  • Loan Modification Specialist – Do You Really Need One - PRLog (free press release)

    PR Log (Press Release) – Feb 05, 2010 – There are many things that can cause someone to fall behind on mortgage payments, whether it is a change that causes loss of a job or a major life event that changes one life’s circumstances. Just because ...
    2010-02-05 09:58:00
  • Fitch Rates Chicago Board of Education, Illinois' $206MM GOs 'A ... - PR Inside

    Fitch Ratings assigns an 'A+' rating to the following Chicago Board of Education, Illinois' unlimited tax general obligation (GO) refunding bonds (dedicated revenues). --$48.9 million series 2010A; --$157.1 million series 2010B. The bonds are ...
    2010-02-05 04:10:00
  • Indiana broadcaster arrested on felony fraud charges - CNN Sports Illustrated

    The most serious charge carries a possible sentence of four to 20 years in prison. He was expected to have ... Garretson arranged to refinance mortgages for clients but didn't pay off the original loans, causing the homeowners to default, according ...
    2010-02-05 05:50:00
  • Mashpee Business, Residents Accused Of Ponzi Scheme - CapeNews.net

    Mashpee Business, Residents Accused Of Ponzi SchemeCapeNews.netLike money in the bank is how Thomas A. Belekewicz and Merope E. Dayos allegedly described the investments they obtained from mortgage clients and others ...
    2010-02-05 01:30:46
  • The new method of creating false optimitism...talk in percentages. - Gerson Lehrman Group

    The new method of creating false optimitism...talk in percentages.Gerson Lehrman GroupWhat really matters are the number of mortgages being completed, the details of those mortgage deals, and are they refinance or new finance debt placements. ...
    2010-02-05 01:36:27
  • BofA Issues Q4 Lending and Investing Report; Extended $758B in Credit During '09 - StreetInsider.com (subscription)

    BofA Issues Q4 Lending and Investing Report; Extended $758B in Credit During '09StreetInsider.com (subscription)... company lent nearly $87 billion in first mortgages in the fourth quarter to almost 400000 people attempting to purchase a home or refinance a mortgage. ...and more »
    2010-02-05 02:36:05
  • Bank of America loans $758 billion in 2009 - BusinessWeek

    Bank of America loans $758 billion in 2009BusinessWeek... it extended nearly $87 billion in first mortgages in the fourth quarter, helping more than 400000 people buy a home or refinance an existing mortgage. ...and more »
    2010-02-05 02:51:48
  • HUD SECRETARY ANNOUNCES DISASTER ASSISTANCE FOR ARKANSAS STORM VICTIMS - RealEstateRama

    HUD SECRETARY ANNOUNCES DISASTER ASSISTANCE FOR ARKANSAS STORM VICTIMSRealEstateRama... loan program enables those who have lost their homes to finance the purchase or refinance of a house along with its repair through a single mortgage. ...and more »
    2010-02-05 03:25:53
  • BofA Lends $758bn in 2009 - Housing Wire

    BofA Lends $758bn in 2009Housing WireBofA originated $87bn in first mortgages to fund purchase or refinance loans for more than 400000 borrowers in Q409. That total includes $23bn in mortgages ...and more »
    2010-02-05 04:51:36
  • Leary faces 17 felony charges - ESPN

    Leary faces 17 felony chargesESPNThe normal practice in real estate refinancings is for the escrow agent to immediately pay off the existing mortgage with proceeds from the refinancing ...
    2010-02-05 05:29:00
  • Out of Cash, St. Vincent's Is Set to Close - New York Times

    Out of Cash, St. Vincent's Is Set to CloseNew York Times... said that representatives of the United States Department of Housing and Urban Development talked about providing mortgage insurance to refinance loans. ...and more »
    2010-02-05 08:14:49