Mortgage and Financial News From 2008-1-13 Page 50

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• In lean proposal, Amherst eyes decreases in zoning maintenance ... - Nashua Telegraph

  In lean proposal, Amherst eyes decreases in zoning maintenance ...Nashua Telegraph, NH - 21 minutes agoThe budget, totaling approximately $9.49 million, represents a 1 percent increase over the current budget of $9.39 million. “It’s basically a maintenance ...
  2008-01-13 04:08:36

• £1bn buy-up battle on the way for F&C - This is Money

  £1bn buy-up battle on the way for F&CThis is Money, UK - 16 minutes agoDon't miss our round-up of forecasts: house prices, stock market, interest rates and more ... >> 2008 Friends, which launched the review after a merger deal ...
  2008-01-13 04:13:04

• ICICI Bank may cut home loan rates in FY '09 (The Times of India)

  NEW DELHI: Home loan consumers in India may get some good news in the months to come with country's biggest private lender ICICI Bank saying it could cut interest rates in the first quarter of next fiscal.
  2008-01-13 02:39:02

• Consumer Confidence Sinks to Record Low (Seattle Times)

  Consumer confidence fell to an all-time low as worries about jobs, energy bills and home foreclosures darkened people's feelings about the country's economic health and their own financial well-being.
  2008-01-13 03:14:45

• Luxury Homes grows with Dubai boom (Zawya)

  The lack of new completed units, the widening supply-demand gap, greater interest from overseas institutional buyers and the setting up of Real Estate Regulatory Authority (RERA) have all led to the prices of property in Dubai moving up.
  2008-01-13 03:48:31

• Area mortgage industry battered again in 2007

  Toledo Blade - ... vice president for mortgage lending at Huntington Bank in northwest Ohio, which is the county's second-biggest mortgage lender. ... Still, home mortgages played a part in the decline, Ms. Kollar acknowledged. Fewer buyers are in the market. And ...
  2008-01-13 03:18:00

• Quick resolutions for distressed borrowers? Hardly

  San Francisco Gate - 01-13) 04:00 PST Washington -- The rolling tsunami of home loan delinquencies and foreclosures is exposing serious problems in the mortgage industry's capacity to ... In a short sale, the lender agrees to accept less than the principal balance owed by ...
  2008-01-13 01:52:00

• Empire editorial: Fearing both sides of housing market - Juneau Empire (subscription)

  Empire editorial: Fearing both sides of housing marketJuneau Empire (subscription), AK - 2 hours agoYes, just thinking about it is probably giving home-sellers the heebie-jeebies. After all, who's going to assume a giant mortgage if he or she expects to be ...
  2008-01-13 01:35:04

• Cleveland's lawsuit against investment banks may prompt other ... - The Plain Dealer - cleveland.com

  Cleveland's lawsuit against investment banks may prompt other ...The Plain Dealer - cleveland.com, OH - 2 hours agoThe city targeted the big investment banks, officials said, because they buy subprime mortgages from lenders, then sell mortgage-backed securities to ...
  2008-01-13 01:47:44

• Jumbo rate rise irritates buyers - Fort Wayne Journal Gazette

  Jumbo rate rise irritates buyersFort Wayne Journal Gazette, IN - 58 minutes agoAmong the options they’re offering buyers: MELVILLE, NY – When Allan Press started looking for a home in the spring, he was approved for a $561000 mortgage ...
  2008-01-13 03:01:57

• Latest draft of school aid plan helps Seacoast - Portsmouth Herald News

  Latest draft of school aid plan helps SeacoastPortsmouth Herald News, NH - 57 minutes agoIn general, those types of lenders are the ones holding the dubious packages of overrated shaky loans. Many became upside down in equity as home prices fell ...
  2008-01-13 03:02:22

• Home sales to remain slow - Anchorage Daily News (subscription)

  Home sales to remain slowAnchorage Daily News (subscription), AK - 43 minutes agoThe slowdown in sales is a reality check for real-estate agents, mortgage lenders, home builders and others whose incomes benefit from a robust housing ...
  2008-01-13 03:17:00

• The latest first time buyer news, the most up to date news service ... - Firstrung

  The latest first time buyer news, the most up to date news service ...Firstrung, UK - 33 minutes agoWith many commentators publishing housing and mortgage market predictions for 2008, the overall tone has been negative and the Intermediary Mortgage Lenders ...
  2008-01-13 03:26:25

• Area mortgage industry battered again in 2007 - Toledo Blade

  Area mortgage industry battered again in 2007Toledo Blade, OH - 27 minutes agoAt Fifth Third Bank, the biggest mortgage lender in Lucas County, the number of mortgages fell 18 percent to 2930. The mortgages had a value of $408 million ...
  2008-01-13 03:32:31

• Homeowners should get help if house is threatened - Port Huron Times Herald

  Homeowners should get help if house is threatenedPort Huron Times Herald, MI - 20 minutes agoIf borrowers find themselves suddenly struggling to make their mortgage payments, he said, they should contact their lender's loss mitigation department. ...
  2008-01-13 03:40:08

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