Mortgage and Financial News From 2008-2-23 Page 3

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  • What a difference a g’day makes (Times Online)

    More and more Britons are emigrating to Australia — and not just for the great outdoors. Paul Ham digs deep to discover the pull of life Down Under. Portraits: Dean Golja
    2008-02-23 09:58:47

  • There is help for those trapped in foreclosure

    Shelby Star - ... moderate income level or lower. Either program can be used to help would-be homeowners buy their first home or to buy a home more suitable to the needs of a growing family. The more popular program is the guaranteed loan, where a mortgage broker ...
    2008-02-21 03:53:00

  • Banks taking back Miami homes at high rate: broker

    Reuters - ... increased pace in the first weeks of 2008, a signal that the shaky Miami market is nearing capitulation, a prominent broker ... in the United States, particularly the condominium market, where speculators bought hundreds of units to flip and mortgage ...
    2008-02-22 03:23:00

  • Eckhouse best choice in Tarpon Springs race

    St. Petersburg Times - She is a mortgage broker and outsource mortgage processor. The St. Petersburg Times has studied the candidates, their backgrounds and the issues in this election and makes its editorial recommendations here.
    2008-02-21 09:37:00

  • Debtors not worried about losing house

    News.com.au - Prushka's survey came after mortgage broker X Inc Finance conducted an online poll that found two in five Australians said they would be unlikely ever to own their own home.
    2008-02-21 09:01:00

  • Big merger for BWC Mortgage

    Monterey County Herald - The companies, StoneCastle, Land and Home Financial, Paragon Mortgage Brokers, Bay Area Funding Group and All California Mortgage's Concord branch will begin operating under one broker license, said Tracey Kirkman, BWC Mortgage Services marketing ...
    2008-02-22 11:45:00

  • Mixed prospects for Northern Rock faithful

    Times Online - David Hollingworth, of London & Country, the mortgage broker, says: “The extinction of these deals is down to falling property prices – lenders are nervous about losing money.
    2008-02-22 03:59:00

  • Pair face 14 counts in mortgage-fraud case

    Columbus Dispatch - McCann is a real-estate agent and a former mortgage broker. Authorities also announced the arrest of another person accused of participating in the ring, Raed Yaish, 36, of Delaware.
    2008-02-23 02:36:00

  • Loan restrictions amount to a kind of redlining

    Baltimore Sun - Paul Skeens, head broker for Carteret Mortgage Corp. in Waldorf, said he had observed that lenders' county and ZIP code designations "have their heaviest impacts on areas with high proportions of minority groups and people with moderate incomes who ...
    2008-02-23 03:37:00

  • Mortgage lenders at risk of falling into credit-rating trap

    Guardian Unlimited - It looks as though mortgages over 100% will have gone the way of the dodo by the end of next week," said Katie Tucker of mortgage broker John Charcol.
    2008-02-22 02:02:00

  • An offer of help in mortgage crisis

    Chicago Tribune - Howell said she went to a mortgage broker in 2006 hoping to get a reverse mortgage on her property. She already had a conventional loan on her property with a 6.35 percent interest rate and monthly payments of $958.
    2008-02-21 11:53:00

  • But Together, mortgage holders may have to wave goodbye

    Guardian Unlimited - Melanie Bien, director at mortgage broker Savills Private Finance, says: "When you come to remortgage, Northern Rock will be keen to move the business to another lender, so any rate they choose to offer is likely to be uncompetitive.
    2008-02-23 03:34:00

  • The Mortgage Professor

    Washington Post - It was developed by Jeff Lazerson, an experienced mortgage broker who didn't much like the way most brokers did business. He persuaded the Ford Foundation to back an approach designed to eliminate opportunistic pricing -- the widespread practice of ...
    2008-02-23 07:44:00

  • Not your Uncle's Recession In Connecticut (Hartford Courant)

    In case you've forgotten how ugly recessions can get, consider the number 159,000: That's how many jobs Connecticut lost between 1989 and 1993, the era of the last major national recession.
    2008-02-23 04:09:57

  • Customers face remortgage nightmare as nationalised Northern Rock sheds ‘flexible’ deals (Sunday Herald)

    Scottish borrowers could struggle to find a mortgage following the nationalisation of Northern Rock. If they cannot switch to another lender, they could eventually lose their homes.
    2008-02-23 09:37:08

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