Mortgage and Financial News From 2008-2-15 Page 13
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Jondi Gumz, Reporter at Large: The house-as-ATM mentality must go
Santa Cruz Sentinel - Now the bank owns their home -- because they couldn't refinance again. The time of double-digit home appreciation is over. Bailey, a regional vice president for the National Association of Realtors and co-owner of Bailey Properties, one of the largest ...
2008-02-15 08:58:00 -
HeidelbergCement's Lorenz Näger
CFO.com - You are here: Home : Today in Finance : Article ... In the following months, the group sold several non-core assets — including its stake in Vicat — to help refinance the ...
2008-02-15 12:26:00 -
Downey Sees Rise in Bad Loans - Orange County Business Journal
Downey Sees Rise in Bad LoansOrange County Business Journal, CA - 8 hours agoHome loans the company refinanced to help borrowers struggling with payments increased to 3.59% of assets, up from 2.99% in December. ...
2008-02-15 09:31:31 -
Jumbo loans to be isolated from mortgage TBA: SIFMA - Reuters
Jumbo loans to be isolated from mortgage TBA: SIFMAReuters - 7 hours agoThe larger the loan, the more apt it is to be refinanced when rates are attractive, thus boosting the expected pace of early principal repayment. ...
2008-02-15 10:08:17 -
Student Loan ABS Facing a Challenge in 2008 - InfoBolsa
Student Loan ABS Facing a Challenge in 2008InfoBolsa, Spain - 5 hours agoAuction rate market volatility has resulted in strong issuer desire to refinance into more economical instruments such as reset rate notes and variable rate ...
2008-02-15 12:31:38 -
Make A House Call! - Dickinson Press
Make A House Call!Dickinson Press, ND - 2 hours agoCalling Great Plains National Bank for a new mortgage or to refinance an old one could be one of the most important calls you make. That's why Dave Selinger ...
2008-02-15 02:57:46 -
Timing's everything in refinancing home - Rocky Mountain News
Timing's everything in refinancing homeRocky Mountain News, CO - 18 minutes agoThe vice chairman of CB Richard Ellis Capital Markets Denver office, refinanced his second home in Eagle County at the low rate. "I wouldn't tell you that ...
2008-02-15 05:39:06 -
Peter G. Miller: Political events might give buyer an out without losing deposit (San Antonio Express-News/KENS 5)
Q: I have an agreement to purchase a house in London, and the closing date is in March. The bank has approved a loan for about 65 percent of the sale price.
2008-02-15 03:45:49 -
Woman Says Being Declared Dead Ruins Life (WSMV Nashville)
A Nashville woman said that having to prove she’s alive over and over is ruining her life. Video
2008-02-15 04:09:48 -
Jurors, hospital board meet in closed session (Bastrop Daily Enterprise)
Three members of the Morehouse Parish Police Jury on Tuesday questioned members of the board that oversees Morehouse General Hospital about conditions at the hospital.
2008-02-15 04:58:01 -
Timing's everything in refinancing home (Rocky Mountain News)
Three weeks ago, rates for a 30-year, fixed-rate mortgage bottomed out at 5.175 percent. Then the window, open for no more than a day, slammed shut, and the rates have since shot up, briefly touching 6.25 percent on Thursday, according to Lou Barnes, principal of Boulder West Financial Services.
2008-02-15 05:48:20 -
Countrywide Delinquency Rate Rises In January (CBS 5 Bay Area)
Countrywide Financial Corp. said Friday home loan delinquencies and foreclosures rose in January as more borrowers struggled to make their mortgage payments.
2008-02-15 05:52:43 -
Stocks & economy
MSNBC - He also said investors were encouraged by the government's latest plan to help homeowners falling behind on mortgage payments. U.S. Treasury Secretary Henry Paulson said Wednesday he believes the economy will remain on a growth path, and pledged ...
2008-02-12 03:57:00 -
Slow Growth Could Cost Wall Street Jobs
Street.Com - ... to trim key interest rates to stem the expected downturn being wrought largely by the mortgage ... I'm not so sure," Harte says. At the end of the day, Credit Suisse's Dougan and other bank heads may decide to see how bad things can get before making ...
2008-02-15 09:34:00 -
ASX chief warns of more turmoil
News.com.au - ... to prepare for a fourth wave of stock market turbulence because of credit ... by regulators in the US concerned at further fallout from the sub-prime mortgage ... Short selling is being held up as something which is inherently bad and should ...
2008-02-15 11:57:00
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