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News about Mortgages:
Getting a Mortgage? On What Term? - Newport Plain TalkWhen exploring your options regarding a mortgage, people often overlook the most basic consideration. How long do you want to make payments? Many people automatically obtain mortgage financing that amortizes over thirty years. Amortize, according to ...
Mortgage Fraud: Why It Affects Everyone - Newport Plain TalkMortgage fraud is a very serious problem. It’s a an even bigger problem with the current state of our economy. It affects even the innocent bystander. The FBI somewhat recently released a report entitled, “2007 Mortgage Fraud Report,” which ...
Commercial-Mortgage Bond Risk Rises After Loan Delinquencies - BloombergNov. 19 (Bloomberg) -- The cost to protect top-rated commercial-mortgage bonds against default rose to a record, a day after two bad loans boosted concern the debt will cause losses. The cost of default swaps on AAA rated bonds rose 161.8 basis ...
Feldman's End Game - Wall Street JournalDistressed-mall buyer Feldman Mall Properties Inc. may have found a way to ease its own distress without declaring bankruptcy. But few, if any, investors will come out whole. Feldman, which owns stakes in seven malls, has agreed to hand over to ...
Kentucky town offers no-sweat equity - but take a class - Zanesville Times RecorderThe two-bedroom Cape Cod was a borderline "fixr-uppr" with a leaky porch, threadbare carpets, cracked ceilings, garish pink tile and a 16 percent mortgage. (Thank you, Jimmy Carter.) But we loved it. No home is like your first one. There's such a ...
85,000 homes lost in October - CNN MoneyNEW YORK (CNNMoney.com) -- As government and industry scrambled to stem the housing crisis, another 84,868 homes were lost to foreclosure in October, according to a report released Thursday. Last month 279,561 struggling borrowers received ...
Downey, Community National Face Wrath of Regulators (Update1) - BloombergNov. 13 (Bloomberg) -- Downey Financial Corp. was told by U.S. regulators to raise capital by year-end or face seizure. GMAC Bank can't install an ATM on property controlled by its biggest owner without getting federal permission. Community National ...
Domestic auto industry must be saved - Evansville Courier-PressFifty years ago, 60 percent of the cars sold in the U.S. were made by General Motors. Today, that number is less than 30 percent, and it declines each month. A generation ago, our parents eagerly awaited local dealers unveiling the latest American ...
Matter of Record, November 17 - Wichita Falls Times Record NewsJo Nash vs. Kelly Wilson, 2131 Ave. F, $200,000.00, V3305 P885. Gary Writtenhouse vs. Jeff Prine, 1511 Nunneley Pl., #5, $1,248.37, V3306 P576. Workman, Tammy Michele, Wichita County, Chapter 7, Date Filed Oct. 29, Case No. 08-70448. Frazier, Phillip ...
Gallup Poll update: Barack Obama and John McCain essentially dead even - Los Angeles Times BlogsWe've paid a lot of attention to Gallup polls this week , in the wake of seemingly contradictory results by the most-famed brand name in gauging public opinion. By one Gallup measure, John McCain was up; Barack Obama had a solid lead in a different ...
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