Mortgage and Financial News From 2008-2-17 Page 41
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Help for homeowners in over their heads - Daily Press
Help for homeowners in over their headsDaily Press, VA - 31 minutes agoNeighborhood Assistance is paid by lenders for approved loans and some workouts, and, like most mortgage brokers, Hendon earns a salary plus commission. ...
2008-02-17 12:11:51 -
Big loan insurer tightens the screws on borrowers - MiamiHerald.com
Big loan insurer tightens the screws on borrowersMiamiHerald.com, FL - 30 minutes agoLike other private mortgage underwriters, it provides lenders protection against losses on low-down-payment loans -- those with less than 20 percent ...
2008-02-17 12:12:38 -
An American Nightmare - Hartford Business
An American NightmareHartford Business - 28 minutes agoThe impact has been felt in nearly all business sectors, not just limited to the homeowners unable to pay their monthly mortgage, the real estate sector and ...
2008-02-17 12:14:41 -
RED: THE FINAL READ - Charlotte Observer
RED: THE FINAL READCharlotte Observer, NC - 26 minutes agoBut lenders, while getting more stringent in the wake of the subprime crisis, will often approve loans for more than that.Only you know your budget and how ...
2008-02-17 12:16:14 -
Housing Slump Puts Mortgages Underwater - Hartford Courant
Housing Slump Puts Mortgages UnderwaterHartford Courant, United States - 26 minutes ago... for homeowners with negative equity who have mortgage rates that are spiking, he said. About a third of US borrowers have adjustable-rate home loans, ...
2008-02-17 12:16:17 -
Masco expects housing starts to drop in '08 - Detroit Free Press
Masco expects housing starts to drop in '08Detroit Free Press, United States - 25 minutes agoStarts fell 25% last year as the subprime-mortgage market's collapse sent house prices tumbling and made home loans tougher to obtain. ...
2008-02-17 12:17:53 -
Stop banks' catering to illegal immigrants and aid economy - The Tennessean
Stop banks' catering to illegal immigrants and aid economyThe Tennessean, TN - 21 minutes agoThe card enables illegal immigrants to obtain loans by presenting this bogus ID instead of a legitimate, US government-issued ID. ...
2008-02-17 12:21:15 -
Homeowners get guidance on avoiding foreclosure - Dallas Morning News
Homeowners get guidance on avoiding foreclosureDallas Morning News, TX - 3 minutes agoBy JEFF MOSIER / The Dallas Morning News Denise Knudson was ready to take a second job and borrow from her 401(k) to make her mortgage payment once it ...
2008-02-17 12:39:47 -
Insurers squeeze out buyers (Baltimore Sun)
Kenneth Harney -- Nation's Housing First it was the lenders. Now it's the mortgage insurance industry: Entire product lines are being yanked off the real estate financing shelf, potentially squeezing large numbers of buyers and refinancers out of the market.
2008-02-17 12:27:48 -
Mortgage insurers hurting (Sun-Sentinel)
Firms' losses mount as foreclosures rise, home prices fall Mounting losses and the threat of credit-rating downgrades are hitting another obscure corner of the insurance industry, mortgage insurance, and adding to strains on the housing market.
2008-02-17 12:30:12 -
Miramar pins hope on new aid program (Miami Herald)
A national initiative that will buy more time for homeowners late on their mortgage payments is a welcome reprieve in Miramar, one of the cities hardest hit with foreclosures.
2008-02-17 12:32:05 -
Payday loan's hook a sinker (Denver Post)
Clara Cichosz of Littleton couldn't stop pumping coins into the slot machines. The spinning dials, the electronic bells, and the occasional clank of a jackpot had hypnotized her.
2008-02-17 12:38:22 -
Despite Fed Cut, Cards' Rates Rising (Hartford Courant)
Trade Publisher Suggests Big Banks Are Seeking New Sources Of Revenue Borrowing money has become cheaper for banks after a series of aggressive rate cuts by the Federal Reserve. So why are many people's credit cards growing more expensive?
2008-02-17 12:38:24 -
N.Y. receptive to FGIC plan (Denver Post)
New York regulators are eager to consider splitting Financial Guaranty Insurance Co.'s core bond insurance businesses to protect municipal credit ratings against costly downgrades and stem troubles in the debt markets.
2008-02-17 12:38:46 -
Mortgage insurer tightens rules (The Morning Call)
| First it was the lenders. Now it's the mortgage insurance industry: Entire product lines are being yanked off the real estate financing shelf, potentially squeezing large numbers of buyers and refinancers out of the marketplace.
2008-02-17 12:41:33