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Westchester Real Estate Blog (Free subscription) | 05/07/2008
Governor Paterson is about to sign a new law that is meant to prevent further foreclosures. It is meant to tighten the reins on Mortgage Brokers so that appropriate mortgages are offered to borrowers. The question is what is appropriate....
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The Earth Times Online Newspaper (Free subscription) | 05/07/2008
(EMAILWIRE.COM, July 05, 2008 ) Plymouth, MI--U-Move-On was founded by David Smith who has over 30 years of total experience in foreclosures, mortgages, real estate, bankruptcy, consumer finance, and customer service. At a recent interview David dis..
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Florida Politics (Free subscription) | yesterday
"When Florida Attorney General Bill McCollum sued Countrywide Financial Corp. last week, he accused the disgraced mortgage lender of a pattern of deceptive trade practices."But McCollum could fairly be said to be engaging in a little of that himself. Critics say he's just the latest officeholder looking to tamp down rising voter unrest by taking a headline-grabbing -- but ineffective -- step. "I
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http://strumors.com/rss/top (Free subscription) | yesterday
Regulators are stating that they missed the credit problems related to mortgages by not taking a proactive stance. Now legislation is facing tough scrutiny from regulators who want to take a firm control over how credit card companies operate. In particular, the new rules would require companies spell out circumstances in which the lenders would raise or calculate interest rates and impose fees.
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Orlando Sentinel (Free subscription) | yesterday
When Florida Attorney General Bill McCollum sued Countrywide Financial Corp. last week, he accused the disgraced mortgage lender of a pattern of deceptive trade practices. But McCollum could fairly be said to be engaging in a little of that himself....
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kansascity.com (Free subscription) | yesterday
Presidential candidates John McCain and Barack Obama envision the Federal Housing Administration backing new, cheaper mortgages for distressed homeowners who otherwise would have difficulty refinancing into more secure government-insured loans with lower monthly payments. For the plans to work, lenders would have to be willing to take a substantial loss by reducing the amount owed on the loan in the...
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Top News Cast - World (Free subscription) | yesterday
By Eric Jilson Becoming a homeowner is a new step as many people invest their money in a house. A homeowner is someone who owns, or is paying for their own home. Very few people in the world can afford to purchase a home in one payment so the world of mortgages and mortgage payments 'came to be'. Mortgage refinance options are always available no matter what type of mortgage you already have in place...
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Times Online (Free subscription) | yesterday
There comes a point when you just have to stand back in amazement. Last week, I reported that the banks had provided fewer than 28,000 new mortgages in May, 56% down on a year earlier. What was not clear then was that this was in the context of the banks themselves gaining market share. Full figures for new mortgages in May, courtesy of the Bank of England, showed an even bigger drop, 64%, to just...
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BBC News (Free subscription) | 05/07/2008
Close to 150,000 homeowners who took out mortgages since early 2007 may face negative equity, research suggests.
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Financial Time (Free subscription) | 05/07/2008
More people are taking interest in their personal credit rating score and how they can improve it as lenders clamp down on access to mortgages, loans and credit cards
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Counterfire blogg (Free subscription) | 04/07/2008
by Paul Craig Roberts Reforms often do more harm than good. This is currently the case with the “mark-to-market” rule, which is imploding the US financial system by requiring financial institutions to value subprime mortgages at their current market values. This makes a big problem for balance sheets. These financial instruments became troubled prior to a market [...]
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San Diego Union (Free subscription) | 04/07/2008
Rates on 30-year mortgages, which had been rising for five straight weeks, posted a decline this week as signals from the Federal Reserve eased worries about imminent rate increases.
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atHome Top Story (Free subscription) | 04/07/2008
Rates on 30-year mortgages, which had been rising for five straight weeks, posted a decline this week as signals from the Federal Reserve eased worries about imminent rate increases.