Mortgage and Financial News From 2008-2-1 Page 16

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  • Time to pay the price - The Herald

    Time to pay the priceThe Herald, UK - 2 hours agoThat is expected to happen later this year as fixed-rate mortgages reach the end of their term and require to be renewed, with lenders imposing higher rates ...
    2008-02-01 04:14:01

  • All change for second charge - Mortgage Introducer

    All change for second chargeMortgage Introducer, UK - 1 hour agoThat did not stop the growth of the sector though – as well as specialist secured loan lenders, many of those operating in the non-conforming mortgage ...
    2008-02-01 04:38:00

  • Downtown Downturn - Los Angeles Business Journal (subscription)

    Downtown DownturnLos Angeles Business Journal (subscription), CA - 1 hour ago... on hold amid the credit crunch spawned by last summer’s subprime mortgage meltdown. And commercial real estate lenders now require developers to pony up ...
    2008-02-01 04:43:22

  • Southside Bancshares, Inc. Announces Record Annual Earnings - PR Newswire (press release)

    Southside Bancshares, Inc. Announces Record Annual EarningsPR Newswire (press release), NY - 1 hour ago("SFG") a company engaged in purchasing existing high yield automobile loan portfolios with performance histories from lenders throughout the United States. ...
    2008-02-01 04:45:47

  • Reverse mortgages a growing concern - Atlanta Journal Constitution

    Reverse mortgages a growing concernAtlanta Journal Constitution,  USA - 1 hour agoThe total number of active lenders shot to 1674, more than twice the previous year's figure, according to the National Reverse Mortgage Lenders Association. ...
    2008-02-01 04:57:25

  • Forgiven homeowners get a break - San Jose Mercury News

    Forgiven homeowners get a breakSan Jose Mercury News,  USA - 1 hour agoAnd the bill does nothing for the even bigger number of consumers who trigger phantom income when lenders cancel credit-card debts. ...
    2008-02-01 05:03:52

  • Gap grows between IRS, state - Marin Independent-Journal

    Gap grows between IRS, stateMarin Independent-Journal, CA - 1 hour agoForeclosures: With foreclosures mounting, federal lawmakers eased the rules that often left homeowners owing income tax if lenders canceled mortgage debt. ...
    2008-02-01 05:05:16

  • Foreclosure crisis real for one Burien woman - Highline Times

    Foreclosure crisis real for one Burien womanHighline Times, WA - 1 hour ago?As we work on this problem in Olympia this legislative session, I urge lenders to work with mortgage holders to provide new schedules of payments that are ...
    2008-02-01 05:15:44

  • Lenders' "soft market" lists, and your home equity - San Jose Mercury News

    Lenders' "soft market" lists, and your home equitySan Jose Mercury News,  USA - 53 minutes agoOver the past few weeks a few people have forwarded me examples of mortgage lenders' "soft market" or "declining market" lists, which explain how the banks ...
    2008-02-01 05:27:59

  • Horton warns of grim 2008 - Trading Markets (press release)

    Horton warns of grim 2008Trading Markets (press release), CA - 52 minutes agoMany of those assets are invested in home-building companies and mortgage lenders. "We just think that in order to get bonuses, they should be outperforming ...
    2008-02-01 05:29:32

  • The State of Whose Union? - The Women's International Perspective

    The State of Whose Union?The Women's International Perspective, CA - 5 minutes agoThere was also the suggestion to increase bond (or debt) issuance in the industry, even though a large part of the current sub-prime mortgage crisis was ...
    2008-02-01 06:16:13

  • Daily Report (The Weekly)

    local news of Norcross and Duluth Georgia.
    2008-02-01 05:12:08

  • Down payments just got bigger (Los Angeles Times)

    Buyers in so-called risky areas will need to pony up more cash at purchase time. WASHINGTON -- Critics call it the new redlining: Many of the country's largest mortgage lenders are imposing restrictions on entire counties or ZIP Codes that they rank as risky or declining.
    2008-02-01 05:17:31

  • Gap grows between IRS, state (San Jose Mercury News)

    Significant federal tax legislation has broadened the gulf between federal and California rule books, boosting the odds that Californians will goof, pay tax twice or miss out on tax breaks they deserve.
    2008-02-01 05:19:02

  • Forgiven homeowners get a break (San Jose Mercury News)

    Federal lawmakers scored some political points in late December by easing the rules that can leave homeowners who lose their homes in foreclosure owing taxes on phantom income when lenders cancel some of the debt they owe.
    2008-02-01 05:19:42

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