Posted in mortgage loan on May 11th, 2008
House passes rescue package for mortgage crisis
Christian Science Monitor – Boston,MA,USA
The plan provides $300 billion in federal loan guarantees to lenders who agree to reduce the outstanding principal on loans. In exchange for a new mortgage, …
House Sends Broad Housing Package Back to Senate
CQPolitics.com – Washington,DC,USA
Lawmakers by 266-154 adopted the centerpiece of the package, an [...]
Posted in mortgage loan on Oct 4th, 2007
Mortgage demand falls despite interest rate dip
USA Today – USA
Fixed 15-year mortgage rates averaged 5.95% in the latest week, the MBA said, down from 6.06%. Rates on one-year adjustable-rate mortgages (ARMs) increased …
The Credit Hit Parade Has Only Just Begun
By Ben Jones
“So far, the Fed’s half-point rate cut has failed to lower mortgage rates and [...]
Posted in mortgage loan on Oct 3rd, 2007
Economist says growth will precede end of foreclosure crisis
ThisWeekNews – Columbus Area,OH,USA
That caused mortgage rates to fall. Because short term money was so much cheaper than long term money, rates on adjustable rate mortgages fell much further …
How to Choose Your Mortgage Compare Interest Rate or APR?
By paraskun_brii(paraskun_brii)
How to choose your mortgage – to compare [...]
Posted in Home Equity, mortgage loan on Oct 2nd, 2007
Financing Your Business With Home Equity
By MrMoney
Does your home equity loan or line carry an adjustable rate? If so, a jump in interest rates may make what you owe even more expensive and further offset any gains you make in your investment. If rates fall, it’s good news, …
RISKS AND REWARDS …
Knowing that they now [...]
Posted in Foreclosure, Sheriff's Sale, mortgage loan on Sep 30th, 2007
Your Money The Foreclosure Pickings Are Plentiful but Not Easy
New York Times – United States
This week Homeowners struggling to stave off foreclosure; the General Motors health care trust; the non-profit model for newspapers; and the prospects for a …
Metro area housing market Rush of foreclosures inflates sheriff’s …
Indianapolis Star – United States
To try to ease [...]
Posted in Ohio, mortgage loan on Sep 30th, 2007
Shake-up must not bring back overregulation
Times Online – UK
The regulators are about to expand the authority of the Federal Home Loan Mortgage Corporation and the Federal National Mortgage Association (commonly known …
SUBPRIME LENDERS UNDER FIRE
The NAACP’s primary assertion is that in 2004, African American homeowners who received a subprime mortgage from the defendants were more [...]
Posted in mortgage loan on Sep 30th, 2007
September 30, 2007
Consumers with credit card debt benefit from interest rate cut
Salt Lake Tribune – United States
By midafternoon the trickle turned into a torrent, with most callers demanding an answer to the same question: “How much have mortgage rates fallen today? …
Homebuyers feel the pinch as rates rise
The Observer – UK
Last Friday the Britannia building [...]
Posted in Foreclosure, Ohio, mortgage loan on Sep 29th, 2007
September 29, 2007
50 Days of Leaders: Founding Principles
RisMedia.com (press release), CT – Sep 27, 2007
Vanessa Simmons is a founding member of OFIS (Ohio Foreclosure Intervention Specialists), a group of Realtors that come together from various brokerages to …
Local lawmaker takes mortgage crisis to Congress
WKYC-TV, OH – Sep 27, 2007
Sutton says her bill is based on [...]
Posted in Ohio, mortgage loan on Sep 29th, 2007
September 29, 2007
The Shadow of Debt
Washington Post – United States
Today, it’s in danger of becoming a ghost town, largely because a swarm of speculators, real estate agents, mortgage brokers and lenders saw an opportunity …
Free help to stop foreclosure
CNNMoney.com – USA
She has connected clients with grants of up to $3000 or three months mortgage payment, [...]
Posted in mortgage loan on Jul 7th, 2007
10 things any renter can do to help qualify for an Ohio Mortgage Loan
1 – Establish a spotless rental history before applying for a mortgage loan – Hopefully, you’ve always paid your rent on time and left every rental situation without owing the landlord any money. Even if you haven’t, it’s never too late to [...]