Mortgage and Financial News From 2007-8-23 Page 11
Previous Day: 2007-08-22
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Property values, tax bills decline
Palm Beach Interactive - Here's how to check your information: • Go to the property appraiser's Web site. ... Prices should go back to late 2003 or so. However, the mortgage lending mess and a ... Get your debts taken care of so you can refinance at better rates (fixed for 15 ...
2007-08-23 12:39:00 -
Young, gifted and blacklisted
Worldnews.com - The information is held by credit reference agencies such as and . When you apply for ... driven meltdown on Wall Street have left many homeowners hoping to refinance and ... Restrictions have new mortgage applicants feeling the squeeze The Miami Herald ...
2007-08-22 01:11:00 -
Understanding The Flaws In The Foreclosure Data
Quamnet - ... affiliate, Bianco Research have provided valuable research, insights and information ... with adjustable-rate mortgages saw their payments rise and were unable to refinance ... became the self-appointed record keeper for the nation's ugly spike in mortgage ...
2007-08-22 10:58:00 -
Homebuyers pay twice
Worldnews.com - ... buyers are being told to pay up twice after major mortgage lenders voiced concerns over new Home Information Packs. Major mortgage ... I received an offer from an independent mortgage lender stating I can refinance my mortgage (currently $215,000 at 5.5 ...
2007-08-22 01:11:00 -
HIPs tripped by lenders
Worldnews.com - ... buyers are being told to pay up twice after major mortgage lenders voiced concerns over new Home Information Packs. Major mortgage ... I received an offer from an independent mortgage lender stating I can refinance my mortgage (currently $215,000 at 5.5 ...
2007-08-22 01:11:00 -
Schumer urges help for aching homeowners
Miami Herald - Charles Schumer urged federal regulators Wednesday to do more to help certain homeowners struggling to make mortgage ... million to nonprofit housing groups to help troubled subprime borrowers - those with blemished credit histories - refinance ...
2007-08-22 06:26:00 -
Credit Notebook: Coventree Freeze
Wall Street Journal - ... whose shares have dropped sharply in the past month, disclosed more information on its mortgage ... Rams's Woes: Australian non-bank mortgage lender RAMS Home Loans Group Ltd. said it failed to refinance 6.17 billion Australian dollars (US$5.06 ...
2007-08-23 12:34:00 -
Investor Sues Thornburg Mortgage (KOAT Albuquerque)
An investor has sued Thornburg Mortgage in Santa Fe on behalf of himself and everyone who bought Thornburg common stock since Oct. 6, 2005.
2007-08-22 07:33:48 -
U.S. mortgage crisis widens (Interactive Investor)
Business Finance and city news online from Interactive Investor (www.iii.co.uk). Plus financial and currency market news and information 24/7. Stock prices, share prices, currency markets news and business finance headlines. Also news from AFX and Reuters.
2007-08-23 07:04:50 -
Subprime-mortgage woes spread (The Philadelphia Inquirer)
The rising cost of credit took its toll on Lehman Bros. Holdings Inc., Accredited Home Lenders Holding Co. and HSBC Holdings P.L.C. as the subprime-mortgage fallout spread through the economy.
2007-08-23 08:06:14 -
Iggys House Expands Into Mortgage Brokerage
Forbes - Also, in many cases, even after borrowers sign up for a high-risk mortgage loan, they could exit the loans above water if they could earn 2% to 5% more on a sale. Iggys House enables real estate consumers to radically lower the transaction fees for a ...
2007-08-23 12:13:00 -
Countrywide Takes Off
Street.Com - Countrywide borrowed from a group of 40 banks after it was unable to sell mortgage loans into secondary markets to raise cash to fund its lending operations. Bank of America, which has been an oft-rumored buyer of Countrywide over the past year, was ...
2007-08-23 11:30:00 -
Mortgage Businesses Shutter in Subprime Debacle
NPR News - Morning Edition , August 23, 2007 · California-based Accredited Home Lenders says that it would stop writing new loans and lay off more than half its workforce. Lehman Brothers is shuttering its BNC Mortgage unit. And Quality Home Loans has joined ...
2007-08-23 12:27:00 -
Subprime-mortgage woes spread
Philiy.com - London-based HSBC, Europe's largest bank by market value, closed a U.S. mortgage office after failing to finance new loans. Mortgage lenders announced plans yesterday to fire 3,700 people as the slump that began in subprime-mortgage bonds reached ...
2007-08-23 11:37:00 -
Bank of America invests $2 bln in Countrywide
Washington Post - Countrywide made 17.4 percent of U.S. mortgage loans from January to June, according to newsletter Inside Mortgage Finance. Charlotte, North Carolina-based Bank of America ranked fifth, with a 6.7 percent share. "In the current turmoil, the stock ...
2007-08-23 12:49:00
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