Mortgage and Financial News From 2008-7-19 Page 7
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U.S. indexes mostly down Friday - United Press International
NEW YORK, July 18 (UPI) -- U.S. stock indexes were mostly down Friday with government-sponsored mortgage giants posting strong gains. The Federal Home Loan Mortgage Corp ( NYSE:FRE ), after filing with the Securities and Exchange Commission to issue ...
2008-07-18 09:33:00 -
Owners planning to sell can't sidestep special assessment (Las Vegas Review-Journal)
Q: We live in a gated golf community and pay a monthly association fee as well as individual fees to maintain our lawns. At a recent association meeting, we learned that out of 1,300 homes, several have gone into foreclosure with the owners gone and the banks owners of these homes.
2008-07-19 02:36:36 -
Borrower protected if a loan is moved (The Salinas Californian)
QUESTION: We recently received a letter from a lender advising us that our loan was sold and that our next payment should be made to them as the purchaser of our loan. How can we be certain that our loan was sold to the new lender?
2008-07-19 05:08:50 -
Buyers can negotiate some mortgage fees (Austin American-Statesman)
Borrowers lucky enough to secure a mortgage in the current lending environment have a good amount of leverage when negotiating fees with brokers, who are increasingly starved for business.
2008-07-19 07:12:08 -
Buy a home, pay for three-quarters (Guardian Unlimited)
Property developers have come up with a new wheeze: they'll give homebuyers up to 25% of the asking price
2008-07-19 08:07:52 -
Shares Revive Amid Confusing Signs From S.E.C. (The Hendersonville Times-News)
Euphoria tinged with a bit of panic swept Wall Street on Wednesday, as battered financial shares roared back in their biggest one-day rally ever.
2008-07-19 08:14:41 -
Treasuries Fall Most Since June as Financial-Firm Concerns Ebb - Bloomberg
July 19 (Bloomberg) -- Treasuries declined, pushing yields on 10-year notes up the most in a month, as concern diminished that credit-market losses will worsen reduced the haven appeal of government debt. The yield on the benchmark note finished the ...
2008-07-19 06:54:00 -
Hey, cheapskate! Stand tall while you spend small (Bankrate.com)
There are many ways to cut corners and pinch pennies and not be destined to live a reduced-price life. Being cheap is state of mind and a great way to turn your economics around without denying yourself the simple pleasures of living. Hey, it's even cool.
2008-07-19 03:45:04 -
Saving Money on a Mortgage (Kansas City InfoZine)
Saving Money on a Mortgage package from the Federal Deposit Insurance Corporation (FDIC) and Federal Reserve Board (FRB)
2008-07-19 06:54:49 -
New product about to be launched (The Nation - Thailand's English news)
Fixed rate will last longer in GH Bank, SMC scheme
2008-07-19 07:15:26 -
Uncomfortable Answers to Questions on the Economy (The Hendersonville Times-News)
Is this a recession? How bad is housing? When will banks revive? Is my job safe? Are consumers done? Who’s to blame?
2008-07-19 07:24:41 -
Honor Your Word, or This Banker May Call Mom (The Hendersonville Times-News)
A look at the local community bank, where bankers try to make prudent loans within the community and try to keep customers from making a mess of their finances.
2008-07-19 07:25:11 -
Buy a home, pay for three-quarters (Guardian Unlimited)
Property developers have come up with a new wheeze: they'll give homebuyers up to 25% of the asking price
2008-07-19 08:07:52 -
Mortgage Marketing Newsletter - Colleyville Courier
Bond with your mortgage prospects. Use as is or customize your own. Mortgage companies use Loanbright's PPC Ad Network to drive targeted traffic to their websites by promoting their latest rates across a variety of mortgage and real estate portals ...
2008-07-19 02:22:00 -
THE HOUSE THAT INDYMAC BUILT - Globe and Mail
"Last year, the issue was subprime mortgages, which in the scheme of things was not a very large asset class. But then, of course, it built from that into CDOs, and other derivatives, and what have you," he explained. "The issue at IndyMac should be ...
2008-07-19 01:11:00