Mortgage and Financial News From 2010-6-18 Page 01

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  • Should You Join The Refinance Rush? - Investors Business Daily

    Mortgage refinancing applications surged last week. Homeowners hurried to take advantage of low interest rates. They were also lured by falling average closing costs. But before you drop everything to join the rush to ...
    2010-06-18 03:58:00
  • Dollars & SenseThere is still help for homeowners who are ‘underwater’ - The Keene Sentinel

    The Home Affordable Refinance Program has been extended, which is good news for potentially millions of homeowners. Set to expire this summer, the program now will run until June 2011. HARP is aimed at homeowners of ...
    2010-06-18 10:29:00
  • Aundrea Beach-Greco - Las Vegas Sun

    Aundrea Beach-GrecoLas Vegas SunShe makes the mortgage process for a new purchase, investment or refinance seamless for all involved. Raised in Redondo Beach, California, Aundrea moved to ...
    2010-06-18 01:29:14
  • Business Briefs: June 18, 10 - Alaskajournal.com

    Business Briefs: June 18, 10Alaskajournal.comApplications to refinance home loans were up 21 percent to the highest level since May 2009. That's because buyers have been taking advantage of ...and more »
    2010-06-18 01:32:06
  • Housing Recovery Likely as Home Sales Rise - Housing Predictor

    Housing Recovery Likely as Home Sales RiseHousing PredictorThe rise represents an increase in home sales nationally for the first time in six weeks. Refinancing is also picking up with an increase of 21.1% for the ...and more »
    2010-06-18 01:33:26
  • 86 South Florida Residents Charged With $76 Million Mortgage Fraud in ... - LoanSafe

    86 South Florida Residents Charged With $76 Million Mortgage Fraud in ...LoanSafeUS Attorney Wifredo Ferrer stated, “For millions of Americans, the dream of home ownership has become a nightmare. The unscrupulous actions of individuals ...and more »
    2010-06-18 02:47:42
  • Should You Join The Refinance Rush? - Investor's Business Daily

    Should You Join The Refinance Rush?Investor's Business DailyThe MBA refinance index, a measure of refi volume, jumped 21.1% vs. the week before. Another factor in deciding whether to refi is a decline in home value. ...and more »
    2010-06-18 04:04:03
  • US HOT STOCKS: CVS, Walgreen, Entropic Communications - Wall Street Journal

    US HOT STOCKS: CVS, Walgreen, Entropic CommunicationsWall Street JournalPulp producer Tembec Inc. (TMBCF, $2.15, +$0.44, +25.82%) said Friday it's in talks with investors connected with efforts to refinance its debt, ...and more »
    2010-06-18 04:05:59
  • Money Insider: The 10-year fixed rate mortgage returns, but is it a fix too far? - Independent

    Money Insider: The 10-year fixed rate mortgage returns, but is it a fix too far?IndependentHowever, both of these schemes will have expired by 2014 with a danger that lenders will be unable to refinance this sum in such a short time scale. ...
    2010-06-18 06:03:44
  • Michael Jackson richer in death - Courier Mail

    Michael Jackson richer in deathCourier MailAccording to the Wall Street Journal, his estate expects to have paid off $US125 million by the end of the year and is tipped to refinance a further $US300 ...and more »
    2010-06-18 09:22:06
  • State Sen. Maselli indicted on bank fraud charges - Providence Journal

    State Sen. Maselli indicted on bank fraud chargesProvidence JournalIn March 2009, Maselli applied to refinance the mortgage on Winsor Avenue for $452081. The indictment said Maselli falsely claimed his monthly income was ...and more »
    2010-06-18 09:30:22
  • Feds cite Duluth case in mortgage fraud crackdown - Duluth News Tribune

    Feds cite Duluth case in mortgage fraud crackdownDuluth News TribuneIn one instance, Fiorito persuaded a vulnerable Duluth woman to sell her home in 2005 as part of a sale and lease-back arrangement to prevent the sheriff's ...and more »
    2010-06-19 12:18:09
  • Police: Infant Left Home Alone With Crack

    A convicted felon is being sought after his two children, a 6-year-old and an infant, are found home alone and hungry, police say.
    2010-06-17 03:58:44
  • Minorities hurt more by foreclosure crisis, study says

    WASHINGTON Recent African American and Latino home borrowers regardless of their income were much more likely to lose their homes to foreclosure than non-Hispanic whites during the ongoing housing crisis, according to a new study.
    2010-06-18 03:44:55
  • Senate Extends Home Tax Credit Program

    The Senate has approved an extension of the home tax credit for new home buyers. The extension will give home buyers until Sept. 30 to complete their purchases.
    2010-06-17 09:12:27