Mortgage and Financial News From 2010-9-30 Page 01

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  • Mortgage Rates Low: Level Matches Lowest In Decades - Huffingtonpost.com

    A short sale is when a lender lets a homeowner sell for less than the mortgage is worth. To calculate average mortgage rates, Freddie Mac collects rates from lenders around the country on Monday through Wednesday of each week. Rates often fluctuate ...
    2010-09-30 01:40:00

  • When Foreclosure is a Good Option

    A close look at the numbers reveals that sometimes it’s a good idea to let your house go.
    2010-09-29 12:11:24

  • Why 'Illegal' Suites Are Good for the Planet (in News)

    Rule 5 for sustainable communities: Provide a diversity of housing types.
    2010-09-30 01:55:49

  • Transcript of a Press conference on the Analytic Chapters of the Global Financial Stability Report

    With José Viñals , Financial Counselor of the IMF and Director of the Monetary and Capital Markets (MCM) Department Laura Kodres , Chief of the Global Financial Stability Division Jeanne Gobat , senior economist John Kiff , Senior Financial Sector Expert, MCM Department Conny Lotze , deputy chief of media relations, External Relations Department.
    2010-09-30 03:46:50

  • Foreclosures continue to rise | Defaults on home mortgages in Oregon and Lane County were up ... - Register-Guard

    Foreclosures in Oregon, as well as in Lane County, were up in the three months ended June 30, compared with the same three-month period last year, according to a report released Wednesday. Foreclosure filings, which include homes in any stage of the foreclosur
    2010-09-30 01:37:00

  • Be Alert About Loan Scams

    It's becoming a problem across Tennessee: scammers trying to prey on homeowners about to face foreclosure.
    2010-09-30 05:15:31

  • Federal Home Loan Bank of San Francisco Releases August 2010 Cost of Funds Index

    SAN FRANCISCO--(BUSINESS WIRE)--The Federal Home Loan Bank of San Francisco announced September 30, 2010, that the 11th District Monthly Weighted Average Cost of Funds Index (“COFI”) for August 2010 is 1.713%. The index for July 2010 was 1.753%. The COFI is computed from the actual interest expense reported for a given month by the Arizona, California, and Nevada savings institutions members of ...
    2010-09-30 05:40:34

  • JP Morgan Chase halts foreclosures; second large bank to do so - Oregonian

    JPMorgan's move Wednesday makes it the second major company to take such action this month ... The way mortgages are packaged and sold to many investors as securities can make it hard to determine who has the right to foreclose on a homeowner. In some states,
    2010-09-29 11:28:00

  • Nearly one in four second-quarter home sales a foreclosure - Town Hall

    homes sold in the second quarter was a deeply discounted foreclosed house ... unaffordable mortgages. Banks will also need to sell homes from owners who walked away owing more on their mortgage than the house was worth. TAX CREDIT EXPIRES Unemployment at 9 ...
    2010-09-30 10:27:00

  • IMPORTANT: Bing News RSS feed has moved!

    Go to the new RSS page and renew your subscription.
    2010-10-01 01:21:00

  • Thousands Line Up to Prevent Foreclosure

    Tens of thousands of people have gathered in Los Angeles in a last ditch effort to keep their homes from going into foreclosure. Men and women from all over the country stood in line today for a program called 'Save the Dream,' hoping that an advocacy group can help them avoid foreclosure and renegotiate their mortgages. Foreclosure - Los Angeles - United States - California - Counties
    2010-09-30 06:22:13

  • Americans not spending enough: US govt

    The United States' economic growth tailed off sharply earlier this year and probably isn't faring any better now.
    2010-09-30 06:38:26

  • Stand up to your bank

    Last month the Tel Aviv District Court ordered Bank Hapoalim to pay a client NIS 2 million in compensation after making him open 44 savings accounts as a precondition for receiving credit. "A relationship of coercion," Judge Drora Pilpel called it.
    2010-09-30 06:46:41

  • Chase's foreclosure halt does not affect loans in Oregon

    A JPMorgan Chase spokeswoman says loans in Oregon, Washington and Idaho aren't affected by the stoppage.
    2010-09-30 07:11:45

  • Hubbard investors to get 3c in the dollar

    Aorangi Securities investors could be paid three cents in the dollar this month with the statutory managers hoping to find a further 20 cents in the next nine months as assets are sold.
    2010-09-30 07:15:38

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