Mortgage and Financial News From 2008-5-17 Page 7
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Jumbo loan increase is chance to refinance - Lowell Sun
Q: When I bought my house last year, I borrowed two mortgage loans. Otherwise, a single loan balance would have been too high, resulting in a dreaded "jumbo loan." Among my two loans: the first loan's rate was average but the second loan's rate was ...
2008-05-17 03:37:00 -
Economy rides coattails of this year's refi boom (Rockford Register Star)
Julie and Rick Rowinski of rural Belvidere had no plans to refinance their home this year.
2008-05-17 09:43:51 -
Have you checked your credit record recently? - Times Online
Credit files crammed with our personal and financial data have never been so important in deciding whether we can borrow money. The credit crunch and lenders' subsequent aversion to bad debt mean that our financial histories are being placed ...
2008-05-14 05:52:00 -
Builders get hammered again - CNN Money
Construction of offices, hotels, malls and other nonresidential buildings is poised to follow home building sharply lower the rest of this year. NEW YORK (CNNMoney.com) -- Demand for new homes collapsed last year. Next up could be a similar drop in ...
2008-05-17 05:46:00 -
US Economy Is Still Weak But Not As Bad As Feared - CNBC
Investors struggled to figure out where the economy is headed after reports showing a modest increase in jobless claims and weakness in the manufacturing sector. The data pointed to an economy that is hurting , but not experiencing as rough a time as ...
2008-05-15 08:33:00 -
Feds bust alleged mortgage ring - Patriot Ledger
A federal grand jury in Boston has indicted 11 people – including at least five current or former South Shore residents – for their alleged involvement in a mortgage scheme that defrauded 10 Boston-area mortgage lenders out of more than $10.6 ...
2008-05-17 12:52:00 -
Pastor promised riches, but flock says only he prospered (Miami Herald)
To a chorus of "Amens" and "Thank You, Jesus," the Rev. Daniel S. Mundell tells followers God will free them of debt, even make them millionaires.
2008-05-16 09:12:57 -
Lenders MakeHome Sales More Expensive (The Tampa Tribune)
Getting a mortgage could cost more, especially if you live in Florida or have less than stellar credit.
2008-05-16 09:30:03 -
Business news in brief (Philly.com)
Allegiance Bank of North America, Bala Cynwyd, lost money for the seventh quarter in a row in the three months that ended March 31. The latest loss was $457,000, or 10 cents per share, as the small bank continued to struggle with bad loans at a mortgage subsidiary it closed in February.
2008-05-17 01:20:38 -
Five Basics for Building a Solid Financial Future (NYTimes.com via Yahoo! Finance)
A new Times columnist offers guidance for making financial decisions, when making good ones is more critical than ever.
2008-05-17 06:37:15 -
Jammer's Mortgage Maze: Inquiring Minds Wanna Know (The Chattanoogan)
Today's “Q & A” session addresses many readers' concerns for the housing market, feedback from around the region and some very interesting opinions. Enjoy!
2008-05-17 10:28:53 -
Vision Global Solutions, Inc. and Fortes Financial, Inc. Announce ... - MSN MoneyCentral
LAGUNA HILLS, Calif., May 16, 2008 (PRIME NEWSWIRE) -- Vision Global Solutions, Inc. (Pink Sheets:VIGS) and Fortes Financial, Inc. ("Fortes") announced today that they have entered into a definitive merger agreement pursuant to which VGS Acquisition ...
2008-05-16 06:16:00 -
Reverse mortgage seminar - Portsmouth Herald
Heather L. Johnson of Your Home For Life hosts a free educational seminar on the reverse mortgage process on Tuesday, May 20 at 10 a.m. at Exeter Public Library, 1 Founders Park. For a free educational video or a personal consultation, call Johnson ...
2008-05-16 07:06:00 -
Some Local Seniors Are Leery Of Reverse Mortgages - TriCities.com
Text size: small | medium | large By Mac McLean/Bristol Herald Courier Published: May 16, 2008 Interested in getting a reverse mortgage? Visit the U.S.
2008-05-15 10:09:00 -
McCain's Reverse Coattails? - Slate
Slopposition Research: Tom Bevan's pragmatic single-factor explanation for Hillary's loss seems inarguable. She was Wright too late! But of course, then you have to explain why she didn't get the Wright videos out into the MSM earlier. Was her ...
2008-05-16 05:14:00