Mortgage and Financial News From 2010-6-12 Page 21
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Several Items on Banking Reform - Dollars & Sense (blog)
Several Items on Banking ReformDollars & Sense (blog)The measure is geared entirely towards preventing a situation in which taxpayers would once again be liable for the bad bets of big banks. Sec. ...
2010-06-11 04:26:04 -
Underwater Mortgages and Ways to Avoid Defaulting a Home Loan - Daily news (blog)
Underwater Mortgages and Ways to Avoid Defaulting a Home LoanDaily news (blog)... is owed on their mortgage. This may not be quite as bad on their credit but it still may make it harder if they try to buy another home in the future. ...and more »
2010-06-11 04:37:37 -
Slumping retail sales raise question: What will sustain recovery? - Victoria Advocate
Slumping retail sales raise question: What will sustain recovery?Victoria Advocate"The next mortgage payment is pretty much going to wipe that out," he said. And when that's gone, Olsen said he might have to dip into a $50000 inheritance ...and more »
2010-06-11 05:59:12 -
Money Insider: PPI is not right for everyone, but can offer a valuable safety net - Independent
Money Insider: PPI is not right for everyone, but can offer a valuable safety netIndependentThe bad news for British savers seems to go on and on, with record low rates, the axing of Child Trust Funds and changes to Capital Gains Tax potentially ...and more »
2010-06-11 06:07:38 -
WEEKEND INVESTOR - Wall Street Journal
WEEKEND INVESTORWall Street JournalSkip Fiore of Waretown, NJ, is taking out a $300000 mortgage to bolster his investment portfolio. And yet—and yet!—the cold clarity of financial analysis ...
2010-06-11 07:26:28 -
GROVER: Ignoring the disease, treating the symptom - Washington Times
Washington TimesGROVER: Ignoring the disease, treating the symptomWashington TimesLack of credit-default-swap regulation and transparency is cited as an issue, but absent the extraordinary deterioration in the underlying mortgage assets, ...and more »
2010-06-11 11:16:25 -
6-12 Real Estate: in brief
EXIT Realty Offices educate real estate professionals about changes in the market The sky didnt fall for Realtors after the April 30 tax credit deadline; in fact, buyers and sellers are taking advantage of June weather to explore deals here in our own community. The local EXIT Realty Offices announced that the company will host a free, live webinar for real estate professionals designed to ...
2010-06-11 04:55:52 -
Drop in retail sales casts doubt on economic recovery
Many economists had looked to consumers to lead the way back to prosperity, but the latest sales data raise concerns. Retail sales unexpectedly tumbled in May in the biggest drop in eight months, raising a vexing question for the nation's still-shaky economy: If consumers are not going to lead the way back to prosperity and additional stimulus spending by the government isn't likely, what's ...
2010-06-11 08:19:18 -
Take smart steps before filing for bankruptcy
If you're thinking about filing for bankruptcy, here are some things to consider.
2010-06-11 10:22:25 -
Golden West warnings ignored?
Lawsuit: Wachovia executive urged scrutiny of Oakland mortgage lender
2010-06-11 04:30:58 -
Anderson: Cant get a loan? WomenVenture can help
Heres something everybody already knows: New businesses have had difficulty scoring bank loans in 2009 and 2010. Thats obviously a bad thing at a time when every community is in need of more business investment, more jobs, and more wages to make mortgage payments.
2010-06-11 03:14:09 -
Leverage, Baby!
It might seem crazy, but there's never been a better time for disciplined investors to take on debt to boost their portfolios.
2010-06-12 12:34:10 -
Real Estate Weekly: More sellers slashed home prices in May
Thank the expiration of the home-buyer tax credit for this one: More than 43% of home sellers cut the list price on their homes in May, up 2 percentage points from April, according to data released this week by ZipRealty, an online real estate brokerage.
2010-06-11 03:41:09 -
Mortgage Is a Priority, Foreclosure Is a Reality
The vast majority of Americans don't think it's OK to walk away from an underwater mortgage, but foreclosure rates continue to rise anyway.
2010-06-10 08:58:37 -
Tax Credit Extension Could Help Tax Cheaters
As Congress considers extending the closing deadline for the tax credit, we consider whether the extension just helps those trying to scam the system for $8,000.
2010-06-11 02:48:16
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