Mortgage and Financial News From 2008-2-15 Page 5

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• Rural Italy Proves Itself on the Property Investment Market - The Open Press (press release)

  Rural Italy Proves Itself on the Property Investment MarketThe Open Press (press release) - 50 minutes agoThe purchase process of these residential freehold properties includes the availability of 80% loan to value (LTV) finance, mortgage, rental management and ...
  2008-02-15 09:09:57

• Carrie Lavargna: Bond insurers involved in subprime market need a ... - TCPalm

  Carrie Lavargna: Bond insurers involved in subprime market need a ...TCPalm, FL - 39 minutes ago... into the sub-prime mortgage guarantee business without looking. These loans were taken on home values calculated during the 2004-2005 real estate craze. ...
  2008-02-15 09:20:50

• Clinton makes case for Hillary at Longview rally - News Journal

  Clinton makes case for Hillary at Longview rallyNews Journal, TX - 35 minutes agoFreeze mortgage rates for five years so it (foreclosure rates) doesn't get any worse ... Give states $30 billion and let them work it out with the mortgage ...
  2008-02-15 09:25:16

• The economics of remodeling - Pittsburgh Post Gazette

  The economics of remodelingPittsburgh Post Gazette, PA - 34 minutes agoIf he wanted something bigger in the same area, he could no longer afford the mortgage. What he didn't mention were the other costs that most home shoppers ...
  2008-02-15 09:25:49

• State housing outlook looks better than nation - Norman Transcript

  State housing outlook looks better than nationNorman Transcript, OK - 31 minutes agoThe sub-prime mortgage mess seems to have also skipped the state. One mortgage analyst said less than 5 percent of the home loans made in Oklahoma over the ...
  2008-02-15 09:28:56

• There are some gems in the book of ideas - Norman Transcript

  There are some gems in the book of ideasNorman Transcript, OK - 31 minutes agoSet it up like a 529 college plan so buyers could put money away for a larger down payment and a smaller mortgage. Home ownership would be a powerful ...
  2008-02-15 09:28:57

• Storms still affect taxes - Natchez Democrat

  Storms still affect taxesNatchez Democrat, MS - 28 minutes agoIn a provision that affects all federal taxpayers during the current housing payment crisis, homeowners granted forgiveness of mortgage debt in 2007 won’t ...
  2008-02-15 09:31:59

• MARKET SNAPSHOT: Market Still Facing Headwinds From Credit, Economy - CNNMoney.com

  MARKET SNAPSHOT: Market Still Facing Headwinds From Credit, EconomyCNNMoney.com - 22 minutes agoWall Street also will watch for results from European banking firms, many of which have been hit by the US mortgage meltdown. While concerns about recession ...
  2008-02-15 09:37:34

• Crisp relative's homes in default - Bakersfield Californian (subscription)

  Crisp relative's homes in defaultBakersfield Californian (subscription), CA - 14 minutes agoA call to Sluga's home number was not answered early Friday evening. Both defaulted homes, at 11504 Haydock Court and 800 Astoria Park Drive, were named in ...
  2008-02-15 09:45:45

• Reverse lending on rise in DC - Washington Times

  Reverse lending on rise in DCWashington Times, DC - 14 minutes agoIn the DC area alone, the number of home-equity conversion mortgages (HECMs), by far the most popular type of reverse mortgage loan, has risen 289 percent ...
  2008-02-15 09:46:00

• Jitters for First-Time Homebuyers - New York Times

  Jitters for First-Time HomebuyersNew York Times, United States - 11 minutes agoThree days before his deadline, he got a mortgage and closed. But Brian Cohen, the sales supervisor with Wells Fargo Home Mortgage who made the loan, ...
  2008-02-15 09:48:34

• Someone to Speak for Borrowers in Trouble - New York Times

  Someone to Speak for Borrowers in TroubleNew York Times, United States - 10 minutes ago... and Cheryl Fish bought a house in Willingboro, NJ, two years ago and are struggling to make their mortgage payments; the home is minimally furnished. ...
  2008-02-15 09:49:58

• Real-estate investment trusts look good, especially after drubbing ... - Boston Globe

  Real-estate investment trusts look good, especially after drubbing ...Boston Globe, United States - 7 minutes agoI owe about $32000 on my home and recently purchased a car, financing only $12000. I have no other debt. I guess I am in pretty good shape, ...
  2008-02-15 09:52:46

• High School Hoopla Scores (2.15.08) (KHBS - KHOG Fort Smith - Fayetteville)

  Here are some high school basketball scores from across the 40/29 viewing area.
  2008-02-15 09:39:19

• Smaller Valley banks avoid subprime crush (Valley Independent)

  Some local community banks, not just larger ones, have sustained financial wounds from mortgage problems sweeping through the home lending industry.
  2008-02-15 09:45:58

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