Mortgage and Financial News From 2010-3-25 Page 01
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Bank giving a break on 'underwater' homes - Herald Tribune
It's a good corporate decision and other banks should follow suit," said Matt Augustyniak, owner of Bradenton mortgage broker Horizon Financial. "It is a viable program that will let them keep their customers in the house at a level that is ...
2010-03-25 12:45:00 -
Bank of America to Reduce Mortgage Balances - Herald Tribune
But Steve Walsh, a mortgage broker in Scottsdale, Ariz., who said he had just abandoned his house and several rental properties, called the program “another Band-Aid. It probably would not have prevented me from walking away.” Even before Bank of ...
2010-03-25 12:45:00 -
Colorado real estate official Toll files complaint - MSN Money
Ted Harvey, R-Highlands, a mortgage broker at American Home Funding, was being investigated. DORA later issued a retraction saying that Harvey was not the subject of an investigation. Toll then went on leave for reasons that DORA didn’t explain.
2010-03-25 07:19:00 -
Refinancing basics - Coolum & North Shore News
Refinancing basicsCoolum & North Shore NewsThe better you understand your motivations, the easier it is to work with a lender or mortgage broker to discuss your refinance options. ...and more »
2010-03-25 03:07:44 -
Harsh lesson of Jarvis's tale of death and destruction - Financial Times
Harsh lesson of Jarvis's tale of death and destructionFinancial TimesIf they resist, they may win the ultimate accolade: the coining of a heavyweight compound noun to replace “ein Corporate Broker” in the evolving lexicon of ...and more »
2010-03-25 04:06:22 -
Copy Machines Can Store Your Private Info - Finextra
Copy Machines Can Store Your Private InfoFinextraConsider what kind of data is copied at your doctors, banks, mortgage broker and accountants office. Generally, there might be personal identifying ...
2010-03-25 05:34:13 -
AG Cuomo Probes Foreclosure Rescue Schemes - WCBS-TV New York
AG Cuomo Probes Foreclosure Rescue SchemesWCBS-TV New YorkWhile others in foreclosure listened in, Cuomo played an audio tape of an accused broker asking for several thousand dollars up front, then promising a 90 ...and more »
2010-03-25 07:06:27 -
Assurant key appointment - Mortgage Introducer
Assurant key appointmentMortgage Introducer... the mortgage market and first class relationship management skills. Gary joins a strong team: in a recent audit carried out amongst our broker partners ...
2010-03-25 07:35:59 -
Assisting distressed mortgage holders comes at a cost - Irish Times
Assisting distressed mortgage holders comes at a costIrish Times... a bloated broker sector which promoted switching from one lender to another and Irish mortgage rates that were among the lowest in the euro zone. ...
2010-03-25 08:23:52 -
BoI under pressure from EU to sell UK business bank and mortgages - Irish Independent
BoI under pressure from EU to sell UK business bank and mortgagesIrish IndependentMr Hughes suggested that the bank could release about €500m of capital by selling its UK broker-sourced mortgage book, which stopped take new business last ...
2010-03-25 11:46:55 -
AP: Government to unveil plan to shrink some home ... - USA Today
The plan also will require the more than 100 mortgage companies participating in the administration's program to consider slashing the amount borrowers owe. They will get incentive payments if they do so. The plan also is expected to include at least ...
2010-03-25 08:31:00 -
Watchdog blasts Obama mortgage relief plan - Akron Beacon Journal
That lack of planning, he said, has resulted in ''constant changes'' that have bewildered the more than 100 participating mortgage companies. Another mistake, Barofsky said, was the Treasury's decision last year to allow borrowers to enter the ...
2010-03-25 12:17:00 -
Government adds consumer protections in mortgage plan - Detroit News
Washington -- The Obama administration is enacting protections to ensure homeowners are treated consistently under its mortgage relief program after complaints from consumer advocates. Mortgage companies will have to evaluate all borrowers who have ...
2010-03-25 03:01:00 -
Obama to Boost Aid for Troubled Homeowners - AOL News
Obama to Boost Aid for Troubled HomeownersAOL NewsAnd it will be available to the 100 mortgage companies participating in HAMP so they can reduce the the principal owed on homes and allow tardy borrowers to ...and more »
2010-03-25 08:04:48 -
Cleaning up after the crisis - CITY A.M.
Cleaning up after the crisisCITY A.M.He can't do it single-handedly, but he hopes that Illiquidx will be at the heart of London's next generation of financial services companies.
2010-03-25 08:34:07