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The latest
Mortgage Loan News:
AP IMPACT: They warned us, but US eased loan rules - Lexington Herald-LeaderWASHINGTON -- The Bush administration backed off proposed crackdowns on no-money-down, interest-only mortgages years before the economy collapsed, buckling to pressure from some of the same banks that have now failed. It ignored remarkably prescient ...
General Growth Properties gets loan reprieve - Lexington Herald-LeaderCHICAGO -- General Growth Properties Inc. has received a two-week extension on mortgage loans totaling $900 million, as the troubled shopping mall owner works to stave off bankruptcy and negotiate longer-term extensions with lenders. The mortgages ...
Miami activist moves people into foreclosed houses - Las Vegas SunMax Rameau delivers his sales pitch like a pro. "All tile floor!" he says during a recent showing. "And the living room, wow! It has great blinds." But in nearly every other respect, he is unlike any real estate agent you've ever met. He is unshaven ...
Texas News Stories - Atlanta Journal ConstitutionThe head of the United Auto Workers made a public plea Sunday for government help for U.S. carmakers as the Big Three put the final touches on stabilization plans to submit to Congress. "We cannot afford to see these companies fail," said Ron ...
Wrestling with a new career - Louisville Courier-JournalThe people who call Mike Bucci looking for a mortgage can't see his face, but they often know exactly what he looks like. His thick New Jersey accent might help customers remember Bucci as a professional wrestler performing on television before ...
Choosing between home and health care - Arlington Heights Daily HeraldMedical debt is putting more patients at risk of losing their homes. • Consumer advocates say people generally shouldn't refinance or use home equity to pay medical bills. • Hospitals are often more willing than banks to forgive debts or set low ...
Facing a Choice Between Home And Health Care - Wall Street JournalThe housing market's collapse is forcing a growing number of Americans sitting on large medical bills to choose between paying the mortgage and paying the doctor. People have long resorted to borrowing against their homes to pay for medical care in ...
Local bankruptcies have risen sharply - Louisville Courier-JournalTransferred to Louisville from Oregon 2½ years ago, Ed and Cherri Dubiak had trouble selling their old home and soon found themselves overwhelmed by bills, including $65,000 in credit-card debt. "Every credit card I had was getting maxed out," said ...
Rents up in New Orleans while $846m sits unclaimed - Beaufort GazetteNEW ORLEANS The four-unit shotgun house that Sandra Marshall bought after decades of double shifts has sat untouched since the flooding of Hurricane Katrina, while nearly $850 million in federal aid for her and thousands of other mom-and-pop ...
President of Atlantic City's Borgata to step down - Newark Star-LedgerAtlantic City's premier gambling parlor will be losing its casino boss. Mary Godleski/For the Star-Ledger Larry Mullin is leaving the Borgato to run an Australian firm's casino division Larry Mullin, the president of Borgata, has resigned to become ...
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