Mortgage and Financial News From 2010-6-14 Page 01

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  • Mass. broker: Mortgages tougher to get - Boston Herald

    A major barrier to a full housing recovery is access to mortgages, according to Laurie Cadigan, president-elect of the Massachusetts Association of Realtors. “Without stellar credit and solid employment, buyers can’t ...
    2010-06-14 08:25:00
  • Q&A on flood insurance - Daily Oklahoman

    A: The term "100-year flood” is misleading. It is not the flood that will occur once every 100 years. Rather, it is the flood that has a 1 percent chance of being equaled or exceeded each year. Thus, the 100-year flood ...
    2010-06-14 11:48:00
  • How Much Home Can I Afford? - Yahoo Finance

    When you're buying a home, mortgage lenders don't look just at your income, assets, and the down payment you have. They look at all of your liabilities and obligations as well, including auto loans, credit card debt ...
    2010-06-13 01:09:00
  • Most of Today's Mortgage Rates Are Heading South - HULIQ.com

    The early check of today's average mortgage rates and the refinancing home loan rates shows that the current averages ranging from Wells Fargo to Bank of America are going south. They are nearly to all time record low ...
    2010-06-15 12:31:00
  • Obama's Home Affordable Loan Modification Program: Lenders’ Role Crucial - PRLog (free press release)

    PRLog (Press Release) – Jun 14, 2010 – It is now much easier for struggling homeowners to avail a home loan modification than it was ever before. That is precisely due to President Obama’s nationwide initiative to ...
    2010-06-14 09:00:00
  • Home Financing Center Mortgage Lender Saves Estimated $70,000 with New Database ... - MSDN Online Deutschland

    Home Financing Center is well known for its responsible lending policies and personal customer care. As a growing midsize company, Home Financing Center tries to invest in technology that’s easy to maintain but still ...
    2010-06-14 04:17:00
  • Judge grants possession order against former owner of castle - Irish Times

    Judge grants possession order against former owner of castleIrish TimesThe mortgage began to go into arrears from November 2008 and, the court heard, was now in arrears of almost €80000. Mr Ryan now owed, €560000 to the lender, ...
    2010-06-14 06:36:00
  • Couple agree to order for possession - Irish Times

    Couple agree to order for possessionIrish TimesThey had taken out a mortgage of €306000 in May 2007 over 40 years to build their own home. At the time they were both working, the man as a fitter and the ...
    2010-06-14 06:36:04
  • Clearfield severs agreement on $150 million Midtown Village project - Deseret News

    Clearfield severs agreement on $150 million Midtown Village projectDeseret NewsBut after a November 2007 groundbreaking, "everything began to fall apart," Hillman said, noting that subprime mortgage loans prompted a credit crunch, ...
    2010-06-14 07:03:24
  • House prices set to fall back as sellers multiply - Independent

    House prices set to fall back as sellers multiplyIndependentHalifax, Britain's biggest mortgage lender, said last week that house prices fell by 0.4 per cent during May, the second month running in which the market ...and more »
    2010-06-14 08:17:46
  • State spells out who will get foreclosure relief funds - Orlando Sentinel

    State spells out who will get foreclosure relief fundsOrlando Sentinel"We are counting on lenders to pick out people who are part of the community and just need some help getting back on their feet so they can stay in the home ...and more »
    2010-06-14 10:11:11
  • Mortgage Help Stymied By Paperwork Problems - WMUR Manchester

    Mortgage Help Stymied By Paperwork ProblemsWMUR ManchesterDurfee said they were approved for a mortgage modification trial period from their lender, CitiMortgage. The program lowered their interest rate and monthly ...and more »
    2010-06-14 10:11:43
  • Reverse Mortgages By Major Banks Allow For Easy Qualifying - Digital News Report

    Digital News ReportReverse Mortgages By Major Banks Allow For Easy QualifyingDigital News Report“Approval could be easier than you think”, the lender says. There will be an appraisal needed and applicants will need to use the home as their primary ...and more »
    2010-06-14 10:21:47
  • Dream home 'beyond couple's means' - Irish Independent

    Dream home 'beyond couple's means'Irish IndependentYesterday the couple, who borrowed from the sub-prime lender to build a dormer bungalow in Cavan, told how they fell behind on their mortgage repayments 11 ...
    2010-06-14 10:52:39
  • Developer accused of wire fraud - Brandon News and Tribune

    Developer accused of wire fraudBrandon News and TribuneThe core of the government's case involves making false statements to mortgage lenders "to induce them to authorize particular loans they would not have ...and more »
    2010-06-14 11:16:31