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Generation Mortgage Offers Additional Peace of Mind to Senior Home ... - EarthtimesATLANTA , Nov. 18 /PRNewswire/ -- The U.S. Department of Housing and Urban Development HUD recently implemented new regulations for the HECM (Home Equity Conversion Mortgage) loan, increasing the federal insurance of that product. As a result, the ...
No Economic Recovery Without Housing Stabilization, Say REALTORS(R) - Biloxi Sun HeraldWASHINGTON, Oct. 31 -- The National Association of Realtors(R) has stepped up its challenge to lawmakers, encouraging them to take new, decisive actions to address the continuing problems in the housing industry, as well as the ongoing economic ...
Chippewa band may mortgage tribal land - Milwaukee Journal SentinelThe Lac du Flambeau tribe is considering mortgaging portions of its reservation to combat a severe cash crunch caused by several multimillion-dollar venture investments - including a bid to launch a casino boat in Natchez, Miss. The cash crisis is so ...
Fear Factor - SlateThe stock market rallied today after President Bush announced a deal under which mortgage lenders would cut subprime borrowers some slack and freeze rates. As such, it represents the latest effort by the financial-industrial complex to draw a bottom ...
US foreclosure filings up 71 percent in 3Q - SalonOct 23rd, 2008 | WASHINGTON -- The number of homeowners ensnared in the foreclosure crisis grew by more than 70 percent in the third quarter of this year compared with the same period in 2007, according to data released Thursday. Nationwide, nearly ...
Loans came easily, then fell apart - Milwaukee Journal SentinelWhile earning a salary of $21,000 a year, Leesa Robinson landed on top of the real estate world in 2006, overseeing nearly $1 million in property. The 45-year-old single mom started buying houses after watching late-night infomercials and their tales ...
National crisis, local implications: Metro home market declines - Jackson Clarion-LedgerAs soon as their home sells, they're planning to buy the new property. The only problem? Since putting their existing home on the market two months ago, not one perspective buyer has stopped in for a tour. "I'm not going to buy the other home until I ...
Apartment building owner asks to forgive $1M loan - Hawk EyeCity officials are as much in the dark as the tenants who were evacuated during June flooding as to when they can return to the Burlington Apartments. "I can't tell you when they will be allowed to go back," City Manager Doug Worden said at Monday's ...
Bad bond deal at City Hall expected to cost New Orleans taxpayers $400 ... - New Orleans Times-PicayuneAs disastrous moves go, it would be tough to top the city of New Orleans' decision eight years ago to sell $171 million in bonds and invest the proceeds in the stock market as a way of shoring up an underfunded pension plan for firefighters. As if on ...
Troubles mount at Albany cemetery - Corvallis Gazette-TimesTwin Oaks Memorial Gardens and Mausoleum has taken a long time, up to two years in one case, to get grave markers in place, but its problems go far deeper than that. The facility has been foreclosed on by a Portland lender. In addition, the present ...
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