Mortgage and Financial News From 2010-2-28 Page 01

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  • As Foreclosures Continue ... - New York Times

    In Nevada, unemployment is 13 percent and 70 percent of homeowners with mortgages owe more on their homes than they are worth; in industry ... to cover mortgage payments, an approach used successfully in Pennsylvania. With unemployment expected to ...
    2010-02-28 10:09:00
  • CREDIT AGRICOLE SA : Credit Agricole S.A. Good overall 2009 ... - Yahoo Finance

    Credit Agricole S.A ... The 8% rise in loan volumes - particularly in mortgages, where the bank registered the highest growth in new mortgage loans in Italy - offset the squeeze on margins, while commissions and fee income were underpinned by solid ...
    2010-02-25 12:44:00
  • Fewer people falling behind on US home loans - The Daily Star

    But a report Friday from the Mortgage Bankers Association showed Nevada, Arizona and Florida had some of ... evaluate borrowers for help under the Obama administration's $75 billion mortgage-relief effort. It lowers borrowers payments to as low as 2 ...
    2010-02-20 11:13:00
  • Brandywine Realty Trust Announces Fourth Quarter and Full Year 2009 ... - Yahoo Finance

    Based on current plans and assumptions and subject to the risks and uncertainties more fully described in our Securities and Exchange Commission filings, we are raising our guidance for full year 2010 FFO per diluted share to $1.25 to $1.34 from the ...
    2010-02-24 04:09:00
  • Soros betting on Euro collapse - American Thinker

    Let me count the ways George Soros, hedge fund billionaire, has become enriched through his trading "strategies". Years ago, he broke the Bank of England by wagering against the British pound, pressuring it in such a way that England had to devalue ...
    2010-02-28 07:29:00
  • Fresh supplies to keep realty prices in check - Business24-7

    Apartments at the Discovery Gardens. Value for money is likely to encourage a shift from studios and one-bedrooms to two-bedroom apartments. (EB FILE) A further downward pressure on property prices in Dubai is likely to be felt as investors look to ...
    2010-02-28 01:05:00
  • Why this is the year to hunker down - Globe and Mail

    ... these articles: “Bernanke Soothes,” says the Investor's Business Daily; “Promise of Low Rates Bucks Up Stocks ... in the S&P 500), the stock market then proceeded to collapse 26 per cent over the next three months. My own answer?
    2010-02-28 08:29:00
  • Your credit matters: understanding your APR - Daily Star

    (ARA) - You might find the acronym confusing, but the APR (annual percentage rate) on your credit card is a number you should be familiar with. It's important because it describes the cost of your credit balance on a yearly basis. A healthy ...
    2010-02-28 01:12:00
  • Commercial Mortgage Default Rate in U.S. More Than Doubles - BusinessWeek

    ... continues to rise irrespective of improving economic trends,” Sam Chandan, Real Capital ... thirds of apartment loans. “With the concentration of commercial mortgages in small and community banks, there is a potential spillover that will ...
    2010-02-23 10:58:00
  • Airville woman says she's stuck in mortgage limbo - York Daily Record

    Deborah Franklin of Airville spent a lot of her Sunday compiling names and stories of families from all over the country who, like her, claim the federal mortgage modification program has left them stranded in red-tape limbo. She said her calls to ...
    2010-02-28 07:10:00
  • Not much impact from repeat buyer credit - Bismarck Tribune

    Droves of people who want to sell are stuck because their home is worth less than they paid for it. Harsh winter weather has Americans shoveling driveways instead of preparing their home for buyer ... down an estimate for first-time buyers and ...
    2010-02-28 07:17:00
  • The Willies - American Reporter

    Was I at fault for not taking a no-money-down, no-reportable-income Adjusted Rate Mortgage (ARM) like maybe 10 million ... then after two months or so stopped paying after he got refinancing for his home. He said his wife was angry that I had called ...
    2010-02-28 11:06:00
  • The Crisis - American Reporter

    What local, county, state or federal legislator is going to say no to someone who call in his car loan, his home loan, his credit cards, his kids' student loans, anytime they want? And failing that, can make the stock market fall 100, 300, 500, 700 ...
    2010-02-28 11:06:00
  • Many struggling to survive foreclosure - Chattanooga Times Free Press

    Adolfo Garcia and his wife, Manuela Acevedo, were working and earning good salaries at local carpet factories, so they decided to realize the American dream and buy a home. Two years later, their payments started to increase. Two months ago, Mr ...
    2010-02-28 11:06:00
  • Boon for new US mortgage insurers - Financial Times

    Boon for new US mortgage insurersFinancial TimesBut the industry has been hammered by record losses from souring loans and a steep drop in demand, which plunged 57 per cent in 2009 to $81.6bn. ...and more »
    2010-02-28 07:43:57