Mortgage News Oct 2006
Oct 2008 | Sep 2008 | Aug 2008 | Jul 2008 | Jun 2008 | May 2008 | Apr 2008 | Mar 2008 | Feb 2008 | Jan 2008 | Dec 2007 | Nov 2007 | Oct 2007 | Sep 2007 | Aug 2007 | Jul 2007 | Jun 2007 | May 2007 | Apr 2007 | Mar 2007 | Feb 2007 | Jan 2007 | Dec 2006 | Nov 2006 | Oct 2006 | Sep 2006 | Aug 2006 | Jul 2006 | Jun 2006 | May 2006 | Apr 2006 | Mar 2006 | Feb 2006
Previous 1 2 3 4 5 6 7 Next
Federal Home Loan Bank of Cincinnati Members Elect Two New Members, Re-Elect One
The Federal Home Loan Bank of Cincinnati's board of directors announced the results of the FHLBank's 2006 director elections. One director was re-elected, and two new directors were elected. (Thu, 19 Oct 2006 13:57:50 GMT)
Is it Time to Refinance Your Car?
(ARA) - Do you end every month with barely enough cash to pay the bills, and sometimes have to tap into your savings to get by? If so, it's time to re-evaluate your spending habits. (Thu, 19 Oct 2006 14:36:44 GMT)
Why Now is a Good Time to Refinance
(ARA) - If you're a homeowner, the recent drop in interest rates has opened up the possibility of big savings on your monthly payments. (Thu, 19 Oct 2006 15:35:18 GMT)
Upward pressure on mortgage rates eases
CHICAGO (MarketWatch) -- Mortgage rates moved very little during the week ending Thursday, pausing ahead of next week's Federal Reserve decision on interest rates, according to Freddie Mac's weekly survey released Thursday. (Thu, 19 Oct 2006 15:43:19 GMT)
If You Have an Adjustable Rate Mortgage, Why You Need to Refinance Now
(ARA) - When you signed up for that adjustable rate loan a few years back, it probably seemed like a deal too good to pass up. But fast forward to the present, and you're probably starting to get a little nervous. (Thu, 19 Oct 2006 15:50:40 GMT)
Hazardous Home Loans To Avoid!
When choosing a mortgage, be careful to shop around carefully. Otherwise, you may end up with the home loan from Hell! (Thu, 19 Oct 2006 16:05:24 GMT)
Some Iowans Will Receive Letter On Mortgage Company Settlement
Iowans may soon know how much they could get from a $295 million settlement with Ameriquest Mortgage. (Thu, 19 Oct 2006 16:51:30 GMT)
Mortgage rates stabilize ahead of Fed meeting
Mortgage rates stabilized after last week's gain, according to a survey released Thursday. (Thu, 19 Oct 2006 16:56:42 GMT)
Federal Home Loan Bank elects two new directors, re-elects one
Two new directors have joined the board of the Federal Home Loan Bank of Cincinnati, and one was re-elected, the bank said Thursday. (Thu, 19 Oct 2006 17:31:32 GMT)
Bankrate: Mortgage Rates Hold Steady
NEW YORK, Oct. 19 /PRNewswire-FirstCall/ -- Mortgage rates showed little movement this week. (Thu, 19 Oct 2006 17:32:07 GMT)
Bank of America Planned Sales Stirs Up Mortgage Market
NEW YORK -(Dow Jones)- Bank of America's announcement on Thursday that it is planning to sell $100 billion in securities over the next several years caused short-lived weakness in the mortgage bond market. (Thu, 19 Oct 2006 18:04:57 GMT)
Refinancing Can Relieve Your Car Payment Burdens
(ARA) - It is not uncommon for car owners to find themselves in a situation where their car payments become a bigger financial drain than they anticipated. This can happen for many different reasons: job loss, sudden unexpected expenses, or simply because the car payments aren't in line with income. (Thu, 19 Oct 2006 18:50:02 GMT)
REPEAT&CORRECT: BoA Planned Cuts Stir Up Mortgage Market
("=Bank of America Planned Sales Stirs Up Mortgage Mkt," published at 1:34 p.m. EDT, incorrectly said the bank plans to further reduce its portfolio via sales of securities. (Thu, 19 Oct 2006 19:49:47 GMT)
Confused by all the Mortgage Options? Here's Help
(ARA) - Fixed rate. Adjustable rate. Interest Only. Flex. All of the different types of home loans that are available these days can puzzle many homebuyers. But, say mortgage experts, virtually every home loan is one of two types: a fixed rate loan or an adjustable rate loan. (Thu, 19 Oct 2006 20:01:44 GMT)
25 rules to grow rich by
Tough financial questions come your way all the time.How much do I need to save? Should I buy or lease? Should I refinance my mortgage? It would sure be nice to have an easy guide on hand for those moments.Now you do. (Thu, 19 Oct 2006 20:26:05 GMT)
New Fiserv Loan Servicing Platform Allows More In-House Control
BROOKFIELD, Wis.----Fiserv Lending Solutions, a business unit of Fiserv Inc. , is adding retail loan accounting functionality to its home equity line of credit and mortgage servicing platform. (Thu, 19 Oct 2006 21:00:00 GMT)
Mortgage lenders under fire for offering four-and-a-half times salary
Mortgage lenders were attacked today for encouraging people to borrow even more money in a desperate bid to buy a new home. Experts urged home-buyers to be cautious and think carefully before taking out a huge home loan which may prove an expensive mistake (Thu, 19 Oct 2006 22:27:01 GMT)
Bankrate: Mortgage Rates Hold Steady
Various forces vied to push rates upward and pull them downward (Fri, 20 Oct 2006 02:03:24 GMT)
Cairns Lockie Mortgage Commentary
Welcome to the nineteenth fortnightly Cairns Lockie Mortgage Commentary for 2006. We aim to keep you informed on developments at Cairns Lockie, Mortgage Bankers and the mortgage market in general. (Fri, 20 Oct 2006 02:32:46 GMT)
Three On Your Side: Betting the House: Mortgage Fraud
The FBI says there is an epidemic of elaborate mortgage fraud schemes occuring across the country, even in Mississippi. A federal crackdown has resulted in numerous indictments and guilty pleas. (Fri, 20 Oct 2006 03:56:36 GMT)
Legally Speaking: New stricter laws for loan 'originators'
Last year they handled $50 billion worth of home loans and refinancing in the state of Washington. They're loan officers, or loan "originators," who work for mortgage brokers. And starting next year, the requirements for doing that line of work will get much more strict. (Fri, 20 Oct 2006 04:55:51 GMT)
Is it Time to Refinance Your Car?
(ARA) - Do you end every month with barely enough cash to pay the bills, and sometimes have to tap into your savings to get by? If so, it's time to re-evaluate your spending habits. (Fri, 20 Oct 2006 05:03:20 GMT)
If You Have an Adjustable Rate Mortgage, Why You Need to Refinance Now
(ARA) - When you signed up for that adjustable rate loan a few years back, it probably seemed like a deal too good to pass up. But fast forward to the present, and you're probably starting to get a little nervous. (Fri, 20 Oct 2006 05:44:47 GMT)
Three On Your Side: Betting the House: Mortgage Fraud
The FBI says there is an epidemic of elaborate mortgage fraud schemes occuring across the country, even in Mississippi. A federal crackdown has resulted in numerous indictments and guilty pleas. (Fri, 20 Oct 2006 06:26:45 GMT)
Mortgage rates holding steady
WASHINGTON -- Rates on 30-year mortgages, after rising for the first time in five weeks, edged down slightly this week. Mortgage-giant Freddie Mac reported yesterday that 30-year, fixed-rate mortgages dipped to 6.36 percent. (Fri, 20 Oct 2006 07:10:04 GMT)
Mortgage rates hold steady
Rates on 30-year mortgages, after rising for the first time in five weeks, edged down slightly this week. Mortgage-giant Freddie Mac reported yesterday that 30-year, fixed-rate mortgages dipped to 6.36 percent. That compared to 6.37 percent last week when rates had risen after having fallen to a seven-month low of 6.24 percent. (Fri, 20 Oct 2006 07:51:32 GMT)
Gay Mortgage Brokers Honored in Britain
Gay-owned mortgage brokers Capital Fortune ( www.capitalfortune.com ) garnered two top awards at a recent ceremony held in London. (Fri, 20 Oct 2006 08:36:07 GMT)
BUZZ -- Mortgage Associates adds Larry Decker
Larry Decker recently joined Mortgage Associates of Sarasota as a loan originator at its Sarasota office. Decker specializes in residential, commercial and land financing, as well as private equity-based lending. (Fri, 20 Oct 2006 08:45:43 GMT)
ANC chief whip defaults on loan
ANC chief whip Mbulelo Goniwe could lose the contents of his home and two luxury cars after neglecting to pay back a loan. (Fri, 20 Oct 2006 08:52:55 GMT)
Thirty-year mortgage rates edge down
WASHINGTON - Rates on 30-year mortgages, after rising for the first time in five weeks, edged down slightly this week. Mortgage-giant Freddie Mac reported Thursday that 30-year, fixed-rate mortgages dipped to 6.36 percent. (Fri, 20 Oct 2006 09:14:27 GMT)
Why Now is a Good Time to Refinance
(ARA) - If you're a homeowner, the recent drop in interest rates has opened up the possibility of big savings on your monthly payments. (Fri, 20 Oct 2006 09:31:14 GMT)
Fiserv enhances mortgage servicing platform
Fiserv Lending Solutions, a business unit of Fiserv Inc. (Nasdaq:FISV), is adding retail loan accounting functionality to its home equity line of credit and mortgage servicing platform. (Fri, 20 Oct 2006 09:45:47 GMT)
30-year mortgage rates dip to 6.36 percent
Rates on 30-year mortgages, after rising for the first time in five weeks, edged down slightly this week. Mortgage-giant Freddie Mac reported Thursday that 30-year, fixed-rate mortgages dipped to 6.36 percent. That compared to 6.37 percent last week when rates had risen after having fallen to a seven-month low of 6.24 percent. (Fri, 20 Oct 2006 10:23:29 GMT)
Mortgage rate edges down to 6.36 percent
The nation's benchmark mortgage rate, after rising for the first time in five weeks, has edged lower. (Fri, 20 Oct 2006 11:56:17 GMT)
5 plead guilty in mortgage scheme
HATTIESBURG, Miss. Five people has pleaded guilty to federal charges of mortgage fraud for their role in a scheme ran by alleged conspiracy ringleader Richard... (Fri, 20 Oct 2006 13:29:53 GMT)
Mortgage fraud case nets more guilty pleas
SOUTH MISSISSIPPI — According to the U.S. Attorney's Office, Southern District of Mississippi, Phillip Weary, William V. Fairley (a/k/a Vaston), Jafus Jones, Kenneth Fairley Jr. and Kristy Packer have pled guilty for their parts in a mortgage fraud conspiracy involving properties in the Hattiesburg and Laurel areas. (Fri, 20 Oct 2006 14:49:05 GMT)
Why Mortgage Life Insurance is Not a Good Idea
(ARA) - If you've recently taken out a mortgage, brace yourself for the onslaught. Before you even finish unpacking, your mailbox will likely be filled with offers for all kinds of services. (Fri, 20 Oct 2006 16:39:53 GMT)
If You Have an Adjustable Rate Mortgage, Why You Need to Refinance Now
(ARA) - When you signed up for that adjustable rate loan a few years back, it probably seemed like a deal too good to pass up. But fast forward to the present, and you're probably starting to get a little nervous. (Fri, 20 Oct 2006 16:40:13 GMT)
New mortgage service opens in Newport
Advance Mortgage USA, Inc. is now open in Newport under the ownership of Wendy Ezell. (Fri, 20 Oct 2006 17:46:04 GMT)
IBM Acquires Mortgage Services Firm
ARMONK, N.Y. – IBM has agreed to acquire Palisades Technology Partners, a provider of services and technology to the mortgage lending industry. Palisades, which is privately held, is based in New Jersey. Its customers include five of the world’s top 10 lending institutions. (Fri, 20 Oct 2006 18:34:33 GMT)
Fitch Upgrades Wachovia Bank Commercial Mortgage Trust, Series 2005-Whale 5
::► Fitch Upgrades Wachovia Bank Commercial Mortgage Trust, Series 2005-Whale 5◄:: Fitch upgrades Wachovia Bank Commercial Mortgage Trust, Series 2005-WHALE 5, commercial mortgage pass-through certificates as follows: ... (Fri, 20 Oct 2006 19:41:22 GMT)
First Trust/FIDAC Mortgage Income Fund Declares Monthly Distribution for November of $0.085 Per Share
LISLE, Ill.----First Trust/FIDAC Mortgage Income Fund today declared the Fund's regularly scheduled monthly distribution, payable on November 15, 2006 to shareholders of record as of November 3, 2006. (Fri, 20 Oct 2006 20:05:00 GMT)
Why Now is a Good Time to Refinance
(ARA) - If you're a homeowner, the recent drop in interest rates has opened up the possibility of big savings on your monthly payments. (Fri, 20 Oct 2006 22:32:01 GMT)
Home-loan fraud jumps
A slowdown in the Las Vegas Valley housing market is starting to uncover a growing number of mortgage fraud cases. (Fri, 20 Oct 2006 22:55:15 GMT)
Leeds launches discount buy-to-let mortgage
LEEDS Building Society has launched a new, three-year discount buy-to-let mortgage at 4.99 per cent. (Fri, 20 Oct 2006 23:54:46 GMT)
More Mortgage Fraud Guilty Pleas
Five people have pleaded guilty to Federal charges of mortgage fraud for their role in a scheme ran by alleged conspiracy ringleader Richard Lucas. (Sat, 21 Oct 2006 01:26:46 GMT)
Two plead guilty in massive mortgage-fraud case
Two of six people charged in what is believed to be the largest mortgage-fraud case ever in Alberta entered guilty pleas Friday. (Sat, 21 Oct 2006 02:34:00 GMT)
Is it Time to Refinance Your Car?
(ARA) - Do you end every month with barely enough cash to pay the bills, and sometimes have to tap into your savings to get by? If so, it's time to re-evaluate your spending habits. (Sat, 21 Oct 2006 03:25:24 GMT)
Auto Refinancing Puts Gas Money in Your Pocket
(ARA) - With gas prices at an all-time high and no relief in site, families are finding it necessary to cut back their spending on other items in order to fill up the car's tank. The price of a barrel of crude oil recently peaked at $77 dollars. (Sat, 21 Oct 2006 03:27:27 GMT)
Your Money Matters: Dealing with Rising Mortgage Interest Rates
(ARA) - Many Americans are asking themselves what they should be doing in the wake of rising, and sometimes, fluctuating mortgage rates. It's an important question because for many Americans their home equity represents the cornerstone of their personal wealth. (Sat, 21 Oct 2006 03:27:37 GMT)
Confused by all the Mortgage Options? Here's Help
(ARA) - Fixed rate. Adjustable rate. Interest Only. Flex. All of the different types of home loans that are available these days can puzzle many homebuyers. But, say mortgage experts, virtually every home loan is one of two types: a fixed rate loan or an adjustable rate loan. (Sat, 21 Oct 2006 03:27:47 GMT)
Don't let mortgage insurance surprise you at closing table
If you're in the market for a new home and your credit score is marginal, your mortgage insurance rate might be hundreds of dollars higher per month than you expect. (Sat, 21 Oct 2006 04:46:47 GMT)
Mobile home buyers still need a roof over their heads
Q . I have purchased a mobile home only to find it has major roof problems. Being on a limited budget -- and unable to secure another loan -- I am hoping to find an inexpensive alternative to having it fixed professionally. Do you need a license or permit when putting on a new roof? (Sat, 21 Oct 2006 06:09:24 GMT)
Mortgage rates barely budge ahead of Fed meet
Rates on 30-year mortgages, after rising for the first time in five weeks, edged down slightly this week. Mortgage-giant Freddie Mac reported Thursday that 30-year, fixed-rate mortgages dipped to 6.36 percent. That compared to 6.37 percent last week when rates had risen after having fallen to a seven-month low of 6.24 percent. (Sat, 21 Oct 2006 07:10:12 GMT)
Home buyers should shop for mortgage brokers
Home buyers seeking a mortgage can go through a bank or credit union or use a mortgage broker. Though estimates vary, it's generally thought that half of all homeowners use mortgage brokers. (Sat, 21 Oct 2006 07:34:22 GMT)
Thirty-year mortgage rates edge down
WASHINGTON - Rates on 30-year mortgages, after rising for the first time in five weeks, edged down slightly this week. Mortgage-giant Freddie Mac reported Thursday that 30-year, fixed-rate mortgages dipped to 6.36 percent. (Sat, 21 Oct 2006 09:14:27 GMT)
Mortgage scheme trial put on hold
The federal trial of three people charged in a mortgage fraud scheme has been continued until Oct. 30, according to Sheila Wilbanks, a spokeswoman for U.S. Attorney Dunn Lampton. (Sat, 21 Oct 2006 10:07:12 GMT)
5 plead guilty in mortgage scheme
HATTIESBURG — Five people have pleaded guilty to federal charges of mortgage fraud for their role in a scheme run by alleged conspiracy ringleader Richard Lucas. (Sat, 21 Oct 2006 10:10:42 GMT)
Mortgage group adds Salem broker
Jason Leon has joined Professional Mortgage Corp. as a mortgage broker. Leon lives in Salem, attended Oregon State University and is an infantry veteran of the Iraq war. (Sat, 21 Oct 2006 10:16:10 GMT)
Consumer Loan And Savings Rates
A sampling of financial institutions was asked to quote the most recent lowest annual percentage rates they would charge a new loan customer with an annual income from $30,000 to $35,000 and good credit standing. Qualifications for borrowing and finance charges vary among institutions. Rates may differ from branch to branch. Some institutions provide lower rates to existing customers. (Sat, 21 Oct 2006 10:19:23 GMT)
Auto Refinancing Puts Gas Money in Your Pocket
(ARA) - With gas prices at an all-time high and no relief in site, families are finding it necessary to cut back their spending on other items in order to fill up the car's tank. The price of a barrel of crude oil recently peaked at $77 dollars. (Sat, 21 Oct 2006 10:27:24 GMT)
Refinancing Can Relieve Your Car Payment Burdens
(ARA) - It is not uncommon for car owners to find themselves in a situation where their car payments become a bigger financial drain than they anticipated. This can happen for many different reasons: job loss, sudden unexpected expenses, or simply because the car payments aren't in line with income. (Sat, 21 Oct 2006 10:49:46 GMT)
If You Have an Adjustable Rate Mortgage, Why You Need to Refinance Now
(ARA) - When you signed up for that adjustable rate loan a few years back, it probably seemed like a deal too good to pass up. But fast forward to the present, and you're probably starting to get a little nervous. (Sat, 21 Oct 2006 10:51:07 GMT)
Mortgage Foreclosures
Mortgage foreclosures filed with the civil division of the Circuit Court for May 13-22, 2006. Names in bold are the subject of, or have an interest in, the foreclosure action. Lighter names filed the foreclosure action. (Sat, 21 Oct 2006 11:05:36 GMT)
IBM to acquire Bergen firm that aids mortgage lenders
An Englewood Cliffs firm that provides technical support to mortgage lenders has agreed to be acquired by IBM. (Sat, 21 Oct 2006 12:05:13 GMT)
Refinancing Can Relieve Your Car Payment Burdens
(ARA) - It is not uncommon for car owners to find themselves in a situation where their car payments become a bigger financial drain than they anticipated. This can happen for many different reasons: job loss, sudden unexpected expenses, or simply because the car payments aren't in line with income. (Sat, 21 Oct 2006 12:28:24 GMT)
Bardsley to see out rest of loan deal
PHIL BARDSLEY looks set to see out the remainder of his loan deal at Rangers, despite being left at home for their UEFA Cup win in Livorno. (Sat, 21 Oct 2006 12:35:38 GMT)
More Mortgage Fraud Guilty Pleas
Five people have pleaded guilty to Federal charges of mortgage fraud for their role in a scheme ran by alleged conspiracy ringleader Richard Lucas. (Sat, 21 Oct 2006 12:42:06 GMT)
Is it Time to Refinance Your Car?
(ARA) - Do you end every month with barely enough cash to pay the bills, and sometimes have to tap into your savings to get by? If so, it's time to re-evaluate your spending habits. (Sat, 21 Oct 2006 13:26:54 GMT)
Bank's mortgage triple whammy
Bank of Scotland admits the October mortgage payment was taken from some customers three times in three days. (Sat, 21 Oct 2006 13:37:02 GMT)
Your Money Matters: Dealing with Rising Mortgage Interest Rates
(ARA) - Many Americans are asking themselves what they should be doing in the wake of rising, and sometimes, fluctuating mortgage rates. It's an important question because for many Americans their home equity represents the cornerstone of their personal wealth. (Sat, 21 Oct 2006 14:36:23 GMT)
Mortgage fraud blamed in more foreclosures
An increase in home foreclosures in the local housing market is revealing a growing number of mortgage fraud cases. (Sat, 21 Oct 2006 15:18:06 GMT)
Confused by all the Mortgage Options? Here's Help
(ARA) - Fixed rate. Adjustable rate. Interest Only. Flex. All of the different types of home loans that are available these days can puzzle many homebuyers. But, say mortgage experts, virtually every home loan is one of two types: a fixed rate loan or an adjustable rate loan. (Sat, 21 Oct 2006 15:59:08 GMT)
How to avoid a nasty mortgage insurance surprise
If you're in the market for a home and your credit score is marginal, your monthly mortgage insurance rate might be far higher than you expect. Some borrowers don't find that out until the closing. It's a nasty way to discover that credit scores affect more than interest rates. (Sat, 21 Oct 2006 16:34:09 GMT)
Grand jury to probe mortgage scheme
Indianapolis - A federal grand jury will meet next month to investigate a massive mortgage scheme that's left more than 100 Indianapolis homes in foreclosure and prompted the nation's largest home lender to sue an Indiana man. (Sat, 21 Oct 2006 18:42:04 GMT)
Grand jury to probe mortgage scheme
INDIANAPOLIS (AP) — A federal grand jury will meet next month to investigate a massive mortgage scheme that's left more than 100 Indianapolis homes in foreclosure and prompted the nation's largest home lender to sue an Indiana man. (Sat, 21 Oct 2006 21:49:45 GMT)
Mortgage blunder hits 7,000 bank customers
THOUSANDS of Bank of Scotland mortgage customers found themselves out of pocket last week after the bank took repeated mortgage repayments from their bank accounts. (Sat, 21 Oct 2006 23:56:13 GMT)
Refinancing Can Relieve Your Car Payment Burdens
(ARA) - It is not uncommon for car owners to find themselves in a situation where their car payments become a bigger financial drain than they anticipated. This can happen for many different reasons: job loss, sudden unexpected expenses, or simply because the car payments aren't in line with income. (Sun, 22 Oct 2006 00:20:14 GMT)
If You Have an Adjustable Rate Mortgage, Why You Need to Refinance Now
(ARA) - When you signed up for that adjustable rate loan a few years back, it probably seemed like a deal too good to pass up. But fast forward to the present, and you're probably starting to get a little nervous. (Sun, 22 Oct 2006 00:21:24 GMT)
Why Now is a Good Time to Refinance
(ARA) - If you're a homeowner, the recent drop in interest rates has opened up the possibility of big savings on your monthly payments. (Sun, 22 Oct 2006 01:39:54 GMT)
Houston Mortgage Monitor
INDIVIDUAL LENDER RATES The mortgage interest rate list represents a sampling of rates as quoted by lenders in the Houston market on Friday. Rates, which may change on Monday, are for 90 percent loans and do not include origination fees. The numbers in parentheses after the rates are discount points. A point is equal to 1 percent of the loan amount (Sun, 22 Oct 2006 05:54:49 GMT)
Mortgage payment won't influence grant
The Answer Spot is a weekly feature that addresses your post-Katrina questions. To submit a question, e-mail it to insurance@timespicayune.com If I paid off my mortgage with insurance proceeds, how would that affect any money I might be eligible to receive from the Road Home program? (Sun, 22 Oct 2006 06:33:18 GMT)
PAUL WENSKE IN YOUR CORNER: Mortgage strategy helps in shaping up retirement
If you’re young and have a good income, there is less reason to be in a hurry to pay off a mortgage, financial planners say. (Sun, 22 Oct 2006 07:15:29 GMT)
When that identity theft case isn't what it seems
A few weeks ago I received two phone messages, barely an hour apart, from lenders replying to my request for a home loan. The only problem was that I had never made any such request. (Sun, 22 Oct 2006 07:24:41 GMT)
Now is a great time to buy or refinance
I vividly remember hoping - cross-the-fingers wishing - for a home-loan rate of less than 12 percent. (Sun, 22 Oct 2006 07:34:25 GMT)
30-year mortgage rates slip to 6.36%
WASHINGTON – Rates on 30-year mortgages, after rising for the first time in five weeks, edged down slightly last week. (Sun, 22 Oct 2006 08:24:45 GMT)
Don't count on big payout from a new home investment
Buying your first home should be intimidating; it is an enormous amount of money. As such, it is very tempting to think of it as an investment. But is it? (Sun, 22 Oct 2006 09:10:43 GMT)
YOUR MORTGAGE AS THE ESCROW FLIES
Dear John: We have our mortgage with a credit union. Every month our payment goes into an escrow account. Can I cancel the escrow account at any time without paying a penalty? M.B. Dear M.B.: You might be confused. Your entire payment is... (Sun, 22 Oct 2006 09:45:03 GMT)
Mortgage rates end week mixed
Mortgage rates rose this week in Orange County, National Financial News Services reported. The average rate on a 30-year fixed with a one-point fee rose slightly to 6.12 percent. The introductory rate on a one-year adjustable with a two-point fee hit 4.408 percent. (Sun, 22 Oct 2006 10:06:05 GMT)
If You Have an Adjustable Rate Mortgage, Why You Need to Refinance Now
(ARA) - When you signed up for that adjustable rate loan a few years back, it probably seemed like a deal too good to pass up. But fast forward to the present, and you're probably starting to get a little nervous. (Sun, 22 Oct 2006 10:35:46 GMT)
Why Now is a Good Time to Refinance
(ARA) - If you're a homeowner, the recent drop in interest rates has opened up the possibility of big savings on your monthly payments. (Sun, 22 Oct 2006 11:05:32 GMT)
Confused by all the Mortgage Options? Here's Help
(ARA) - Fixed rate. Adjustable rate. Interest Only. Flex. All of the different types of home loans that are available these days can puzzle many homebuyers. But, say mortgage experts, virtually every home loan is one of two types: a fixed rate loan or an adjustable rate loan. (Sun, 22 Oct 2006 11:05:52 GMT)
Is it Time to Refinance Your Car?
(ARA) - Do you end every month with barely enough cash to pay the bills, and sometimes have to tap into your savings to get by? If so, it's time to re-evaluate your spending habits. (Sun, 22 Oct 2006 12:51:54 GMT)
Auto Refinancing Puts Gas Money in Your Pocket
(ARA) - With gas prices at an all-time high and no relief in site, families are finding it necessary to cut back their spending on other items in order to fill up the car's tank. The price of a barrel of crude oil recently peaked at $77 dollars. (Sun, 22 Oct 2006 12:52:43 GMT)
Confused by all the Mortgage Options? Here's Help
(ARA) - Fixed rate. Adjustable rate. Interest Only. Flex. All of the different types of home loans that are available these days can puzzle many homebuyers. But, say mortgage experts, virtually every home loan is one of two types: a fixed rate loan or an adjustable rate loan. (Sun, 22 Oct 2006 12:53:03 GMT)
Considering a Home Remodel? Make Sure It Will Pay Off
(ARA) - If your family has to wait in line to take a shower, or if you're storing pots and pans in the laundry room due to lack of cabinet space, it could be time to consider a home remodeling project. (Sun, 22 Oct 2006 12:53:13 GMT)
First Residential Mortgage Services Corporation Selects Hyland Software's OnBase to Speed Loan Processing
CHICAGO----Hyland Software Inc., developer of OnBase® enterprise content management software, announced at MBA's 93rd Annual Conference & Expo First Residential Mortgage Services Corporation has selected OnBase as its document management and workflow solution. (Sun, 22 Oct 2006 17:00:00 GMT)
Lower mortgage rates lift U.S. housing starts
U.S. housing starts unexpectedly rose last month from a three-year low, as falling mortgage rates began to draw buyers back into the market, a sign the housing slump may be nearing bottom. (Sun, 22 Oct 2006 21:03:11 GMT)
Condos with "mortgage helpers" may be answer to Vancouver's housing crunch
VANCOUVER -- For those caught in the real-estate crunch, a "mortgage helper in the sky" could be the answer to their prayers. Real estate experts say apartments with built-in rental suites point to the future for families looking for new ways to pay the mortgage. (Sun, 22 Oct 2006 21:27:24 GMT)
Rent a tax break
Tax waivers on both home loan and HRA can be claimed simultaneously. Srikumar Bondyopadhyay says how Over the past few days, Anita Basu and Kritika Ghosh have been poring over their last year’s income returns to determine the investments they need to make this year to save on taxes. (Sun, 22 Oct 2006 22:07:43 GMT)
Home Prices Projected to Fall in 2007
Home sales in the state will decline 23% this year, followed by an additional drop of 7% in 2007 (Sun, 22 Oct 2006 22:33:36 GMT)
Is it Time to Refinance Your Car?
(ARA) - Do you end every month with barely enough cash to pay the bills, and sometimes have to tap into your savings to get by? If so, it's time to re-evaluate your spending habits. (Sun, 22 Oct 2006 23:24:28 GMT)
Your Money Matters: Say 'I Do' to Home Buying
(ARA) - Getting married marks a huge milestone for many people who have spent years dreaming about being a husband or wife. Another major milestone that often follows marriage is the first "big" purchase, which is typically buying a home. (Sun, 22 Oct 2006 23:26:33 GMT)
Why Now is a Good Time to Refinance
(ARA) - If you're a homeowner, the recent drop in interest rates has opened up the possibility of big savings on your monthly payments. (Sun, 22 Oct 2006 23:26:42 GMT)
Mortgage consultants say Lee County a 'sweet spot'
When it comes to mortgaging a house, everyone is different. Credit, income, individual needs - they all contribute to what type of mortgage a person will end up with. (Sun, 22 Oct 2006 23:47:46 GMT)
Refinancing Can Relieve Your Car Payment Burdens
(ARA) - It is not uncommon for car owners to find themselves in a situation where their car payments become a bigger financial drain than they anticipated. This can happen for many different reasons: job loss, sudden unexpected expenses, or simply because the car payments aren't in line with income. (Mon, 23 Oct 2006 02:41:26 GMT)
Auto Refinancing Puts Gas Money in Your Pocket
(ARA) - With gas prices at an all-time high and no relief in site, families are finding it necessary to cut back their spending on other items in order to fill up the car's tank. The price of a barrel of crude oil recently peaked at $77 dollars. (Mon, 23 Oct 2006 02:42:31 GMT)
Your Money Matters: Dealing with Rising Mortgage Interest Rates
(ARA) - Many Americans are asking themselves what they should be doing in the wake of rising, and sometimes, fluctuating mortgage rates. It's an important question because for many Americans their home equity represents the cornerstone of their personal wealth. (Mon, 23 Oct 2006 02:42:41 GMT)
Ask the Biz Brain
What is the difference between a home equity loan and a home equity line of credit? (Mon, 23 Oct 2006 04:44:08 GMT)
Is it Time to Refinance Your Car?
(ARA) - Do you end every month with barely enough cash to pay the bills, and sometimes have to tap into your savings to get by? If so, it's time to re-evaluate your spending habits. (Mon, 23 Oct 2006 04:59:08 GMT)
Your Money Matters: Dealing with Rising Mortgage Interest Rates
(ARA) - Many Americans are asking themselves what they should be doing in the wake of rising, and sometimes, fluctuating mortgage rates. It's an important question because for many Americans their home equity represents the cornerstone of their personal wealth. (Mon, 23 Oct 2006 04:59:28 GMT)
Confused by all the Mortgage Options? Here's Help
(ARA) - Fixed rate. Adjustable rate. Interest Only. Flex. All of the different types of home loans that are available these days can puzzle many homebuyers. But, say mortgage experts, virtually every home loan is one of two types: a fixed rate loan or an adjustable rate loan. (Mon, 23 Oct 2006 04:59:37 GMT)
Mortgage foreclosure rate jumps
The rate of mortgage foreclosures in the East Bay is rising, with the number of homeowners in foreclosure in the third quarter at least doubling over the same period a year ago. In Solano County, the number more than tripled. (Mon, 23 Oct 2006 05:38:39 GMT)
Presales, owners' equity key to construction start
Jim Donnelly's bank wanted him to find buyers for at least four of the eight luxury condos he planned in the former Home Federal Savings & Loan building at 139 S. Tryon St. before it would approve a construction loan. (Mon, 23 Oct 2006 06:35:56 GMT)
Mortgage lending vets see opportunities for their new firm
Three mortgage lending veterans have hit the ground running with their new mortgage brokerage firm. (Mon, 23 Oct 2006 06:54:16 GMT)
Best Advice Mortgage Network gets FSA fine
The Financial Services Authority has fined Best Advice Mortgage Network £7,000 for poor record keeping. The regulator says the firm did not “record and retain sufficient personal and financial information about customers before recommending a mortgage contract between June 2005 and June 2006”. (Mon, 23 Oct 2006 09:00:03 GMT)
Auto Financing Provider Launches Web-Based Finance Center
myAutoloan.com, a direct-to-customer, Internet-based auto financing marketplace, is now offering their affiliate and partners s a complete online auto financing solution through their "Powered by" finance center. "Powered by" provides purchase, refinance, private party, and lease buyout auto financing through private label myAutoloan.com websites and Preferred Placement technology. Customers are (Mon, 23 Oct 2006 09:01:34 GMT)
BBA says mortgage lending down in September
Statistics released by the British Banking Association show that Septembers increase in underlying mortgage lending was the smallest for five months. (Mon, 23 Oct 2006 09:59:36 GMT)
Mortgage and real estate horror stories
Shiver in fright at the real-life stories about mortgage and real estate mishaps. (Mon, 23 Oct 2006 10:00:00 GMT)
Real-life stories of financial horrors
Cringe in terror at the mess ups that happened in customer service departments, at the hands of mortgage lenders and at credit card companies across the nation. Welcome to the Bankrate Chamber of Horrors. (Mon, 23 Oct 2006 10:00:00 GMT)
Mortgage of the Week
Halifax is offering a fixed rate deal until the 31 December 2008, at a rate of 4.79%, reverting to the standard variable rate for the remaining term of the mortgage, currently 6.75%. The overall cost for comparison is 6.6% APR. An Early Repayment Charge is payable if you repay all or part of the mortgage during the fixed rate period. (Mon, 23 Oct 2006 10:15:09 GMT)
Federal grand jury will investigate mortgage-fraud case
A federal grand jury will meet next month to investigate a mortgage case that left more than 100 Indianapolis homes in foreclosure and prompted the nation's largest home lender to sue an Indiana man. The grand jury will meet Nov. 7 for the inquiry into Fishers real-estate salesman Robert Penn, who is being sued by Countrywide Home Loans, The Indianapolis Star reported yesterday. (Mon, 23 Oct 2006 10:26:00 GMT)
Independent mortgage service launched
A new independent financial/mortgage advisory service, Bright Finance, has been launched. "At a time when interest rates are on the increase there are potential savings to be made by simply shopping around for a better rate. (Mon, 23 Oct 2006 10:40:17 GMT)
Putin assigns PM to take mortgage program under control
MOSCOW, October 23 (Itar-Tass) -- President Vladimir Putin has demanded the fulfilment of the mortgage-crediting programme for servicemen and has assigned to Prime Minister Mikhail Fradkov to take it under his personal control. (Mon, 23 Oct 2006 10:48:52 GMT)
Putin urges govt. to ensure mortgage loans for military-1
MOSCOW, October 23 (RIA Novosti) - Russia's president urged the government Monday to move forward with a federal mortgage program aimed at giving the country's million servicemen access to housing at subsidized rates. (Mon, 23 Oct 2006 11:33:37 GMT)
Why Now is a Good Time to Refinance
(ARA) - If you're a homeowner, the recent drop in interest rates has opened up the possibility of big savings on your monthly payments. (Mon, 23 Oct 2006 13:18:38 GMT)
Your Money Matters: Say 'I Do' to Home Buying
(ARA) - Getting married marks a huge milestone for many people who have spent years dreaming about being a husband or wife. Another major milestone that often follows marriage is the first "big" purchase, which is typically buying a home. (Mon, 23 Oct 2006 13:19:28 GMT)
Auto Refinancing Puts Gas Money in Your Pocket
(ARA) - With gas prices at an all-time high and no relief in site, families are finding it necessary to cut back their spending on other items in order to fill up the car's tank. The price of a barrel of crude oil recently peaked at $77 dollars. (Mon, 23 Oct 2006 13:50:35 GMT)
Leading Reverse Mortgage Lender Offers New Jumbo Loan Product
SEATTLE----Reverse Mortgage of America, a leader in the reverse mortgage industry, today announces the release of The Independence Plan, a jumbo loan in the reverse mortgage product line. (Mon, 23 Oct 2006 14:00:00 GMT)
Source Technologies Releases E-DocSecure(TM) For On-Demand Home Loan Check Printing
Source Technologies, a leading provider of integrated solutions for managing financial transactions and other secure business processes, announced the release of e-DocSecure Version 1.5. (Mon, 23 Oct 2006 14:18:55 GMT)
Mortgage Industry Insider - Weekly insight from MortgageDaily.com
Slowing mortgage originations didn't stop one lending giant from achieving a milestone, according to MortgageDaily.com, the dominant source of online news for the mortgage industry. (Mon, 23 Oct 2006 15:01:39 GMT)
JPMorgan Names Citi Exec As Mortgage CEO
JPMorgan Chase & Co. said Monday it named David Lowman as chief executive officer of its global mortgage business and a member of the executive committee. (Mon, 23 Oct 2006 15:55:09 GMT)
J.P. Morgan names Citi exec as mortgage CEO
David Lowman, who has worked in lending and mortgage businesses for 25 years, was named CEO of J.P. Morgan Chase's global mortgage business. (Mon, 23 Oct 2006 16:38:27 GMT)
Is it Time to Refinance Your Car?
(ARA) - Do you end every month with barely enough cash to pay the bills, and sometimes have to tap into your savings to get by? If so, it's time to re-evaluate your spending habits. (Mon, 23 Oct 2006 16:43:07 GMT)
Mix and match your mortgage
In the current climate of uncertainty about the UK base rate, it could work to your advantage to take out a home loan that is part-fixed, part-discount, part-tracker. Emma Lunn reports. (Mon, 23 Oct 2006 16:49:32 GMT)
When that identity theft case isn't what it seems
A few weeks ago I received two phone messages, barely an hour apart, from lenders replying to my request for a home loan. The only problem was that I had never made any such request. (Mon, 23 Oct 2006 17:12:07 GMT)
IBM to Acquire Bergen Firm That AIDS Mortgage Lenders
By Richard Newman, The Record, Hackensack, N.J. Oct. 21--An Englewood Cliffs firm that provides technical support to mortgage lenders has agreed to be acquired by IBM. (Mon, 23 Oct 2006 17:16:15 GMT)
JPMorgan hires Citigroup executive as CEO of global mortgage operations
NEW YORK (MarketWatch) -- JPMorgan Chase & Co. (JPM), preparing to push into consumer finance in overseas markets, said it hired David Lowman, a senior Citigroup Inc. (C) executive, to lead its global mortgage business. (Mon, 23 Oct 2006 17:39:47 GMT)
Mortgage originations fall 16% in first half of 2006
NEW YORK (MarketWatch) - Mortgage originations fell 16% in dollar terms in the first half of 2006 from the second half of 2005, even as exotic-type mortgages such as those offering interest-only payments gained in popularity, the Mortgage Bankers Association said Monday in its semi-annual industry survey. (Mon, 23 Oct 2006 18:13:25 GMT)
An Answer to Homeowner's Prayers: Refinance.com
Homebridge Mortgage Bankers today announced that the company is changing its name to Refinance.com. (Mon, 23 Oct 2006 18:38:00 GMT)
Mortgage rates on the rise
Mortgage rates have begun heading up again at Canada's major banks, reversing two rate cuts made last month. (Mon, 23 Oct 2006 19:18:04 GMT)
Fitch Upgrades American Home Mortgage's Primary Servicer Rating To 'RPS3+'
NEW YORK----Fitch Ratings has upgraded American Home Mortgage Servicing Inc.'s residential primary servicer ratings for prime, Alt-A and home equity/home equity lines of credit products to 'RPS3+' from 'RPS3'. (Mon, 23 Oct 2006 19:33:00 GMT)
Confused by all the Mortgage Options? Here's Help
(ARA) - Fixed rate. Adjustable rate. Interest Only. Flex. All of the different types of home loans that are available these days can puzzle many homebuyers. But, say mortgage experts, virtually every home loan is one of two types: a fixed rate loan or an adjustable rate loan. (Mon, 23 Oct 2006 19:53:39 GMT)
Refinancing Can Relieve Your Car Payment Burdens
(ARA) - It is not uncommon for car owners to find themselves in a situation where their car payments become a bigger financial drain than they anticipated. This can happen for many different reasons: job loss, sudden unexpected expenses, or simply because the car payments aren't in line with income. (Mon, 23 Oct 2006 19:56:43 GMT)
Confused by all the Mortgage Options? Here's Help
(ARA) - Fixed rate. Adjustable rate. Interest Only. Flex. All of the different types of home loans that are available these days can puzzle many homebuyers. But, say mortgage experts, virtually every home loan is one of two types: a fixed rate loan or an adjustable rate loan. (Mon, 23 Oct 2006 19:58:04 GMT)
Considering a Home Remodel? Make Sure It Will Pay Off
(ARA) - If your family has to wait in line to take a shower, or if you're storing pots and pans in the laundry room due to lack of cabinet space, it could be time to consider a home remodeling project. (Mon, 23 Oct 2006 19:58:13 GMT)
Keep Your House Warm and the Planet Cool Through Carbon-Neutral Mortgage
As Al Gore takes the stage in Seattle tonight to discuss ways to reverse global warming, Seattle has already taken a page out of his playbook. Today, Seattle-based non-profit NetGreen (www.achievenetgreen.org) has announced partnerships with several local real estate and mortgage companies to offer the nation's first "Carbon Neutral Mortgage." EcoHomes NW.com, Network Mortgage Services, Inc., (Mon, 23 Oct 2006 20:02:00 GMT)
Michael Edwards to Join Federal Home Loan Bank of Boston Board of Directors
The Federal Home Loan Bank of Boston is pleased to announce the appointment of Michael Edwards, group executive vice president and treasurer of Citizens Bank of Rhode Island and Citizens Financial Group, Inc., to the Bank's board of directors. (Mon, 23 Oct 2006 20:28:00 GMT)
Why Now is a Good Time to Refinance
(ARA) - If you're a homeowner, the recent drop in interest rates has opened up the possibility of big savings on your monthly payments. (Mon, 23 Oct 2006 20:46:52 GMT)
Your Money Matters: Dealing with Rising Mortgage Interest Rates
(ARA) - Many Americans are asking themselves what they should be doing in the wake of rising, and sometimes, fluctuating mortgage rates. It's an important question because for many Americans their home equity represents the cornerstone of their personal wealth. (Mon, 23 Oct 2006 20:47:03 GMT)
Previous 1 2 3 4 5 6 7 Next
Oct 2008 | Sep 2008 | Aug 2008 | Jul 2008 | Jun 2008 | May 2008 | Apr 2008 | Mar 2008 | Feb 2008 | Jan 2008 | Dec 2007 | Nov 2007 | Oct 2007 | Sep 2007 | Aug 2007 | Jul 2007 | Jun 2007 | May 2007 | Apr 2007 | Mar 2007 | Feb 2007 | Jan 2007 | Dec 2006 | Nov 2006 | Oct 2006 | Sep 2006 | Aug 2006 | Jul 2006 | Jun 2006 | May 2006 | Apr 2006 | Mar 2006 | Feb 2006
medical insurance |
e real estate pro |
auto donation |
senior care site |
online pet info |
local plastic surgery |
here |
online lawyer |
online gift resources |
night clubs |
click here |
click here |
useful mortgage resources |
real estate online |
home security guide |
local plastic surgery |
online bankruptcy attorneys |
Business Tax |
buy insurance |
rehabilitation site |
mortgage site |
travel resources |
law info |
drug addiction recovery
