Mortgage and Financial News From 2008-1-13 Page 53

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  • Federal Government to Make it Easier to Swap Lenders

    The Epoch Times - ... will try to reduce the impact of rising home loan interest rates by making it easier for borrowers to switch lenders. Treasurer Wayne Swan today said he was investigating how to shield borrowers from tough fees if they chose to refinance their ...
    2008-01-12 10:03:00

  • Family gets new home thanks to grant program

    Natchez Democrat - But I didn't qualify because Im not in the "very low income bracket" only low income. I tried to refinance my home but it seems that the houses in the Roselawn Area have depreciated in value since 2001. My home has depreciated almost 20 grand so ...
    2008-01-12 11:47:00

  • Foreclosure filings take leap

    Boston Globe - A petition doesn't necessarily mean a home is headed for auction. Many homeowners will sell or find a way to refinance before it gets that far. But the number of petitions continues to climb in some of the region's largest cities, data shows. ...
    2008-01-12 10:10:00

  • Home loan reforms planned

    Baltimore Sun - Home loan reforms planned O'Malley seeks changes to address foreclosure threat ... fund, which would involve short-term loans to help borrowers stay current on their mortgage payments until they can refinance. ...
    2008-01-13 02:35:00

  • Holt couple refinance, keep home with help

    Lansing State Journal - DELHI TWP. — Two months ago, Holt resident Kenneth Evans feared he was about to lose his home to foreclosure. Now, Evans and his wife, Gloria, say their home is safe. They secured a fixed-rate FHA loan to replace an adjustable-rate mortgage that ...
    2008-01-13 12:33:00

  • Lenders fight over those with good credit ratings

    Baltimore Sun - And other borrowers, say, with mediocre credit scores or not much equity in a home can refinance, too. In those cases, it just might take more time or borrowers may pay a slightly higher rate, mortgage experts say. So who are the desirable borrowers ...
    2008-01-13 02:28:00

  • Three apartment buildings to be rehabilitated through cooperative ... - Pittsburgh Tribune-Review

    Three apartment buildings to be rehabilitated through cooperative ...Pittsburgh Tribune-Review, PA - 5 hours agoInc. of Minneapolis, among others, in a loan refinance arrangement that is bringing $1.2 million in improvements to properties in McKeesport, Pitcairn and ...
    2008-01-12 09:08:56

  • Clinton Unveils Aggressive Plan to Jumpstart US Economy - PR NewsChannel (press release)

    Clinton Unveils Aggressive Plan to Jumpstart US EconomyPR NewsChannel (press release), FL - 5 hours agoIn addition, Senator Clinton proposed to temporarily empower state housing financing agencies to help families refinance unworkable mortgages and ...
    2008-01-12 09:43:44

  • Foreclosure filings take leap - Boston Globe

    Foreclosure filings take leapBoston Globe, United States - 3 hours agoA petition doesn't necessarily mean a home is headed for auction. Many homeowners will sell or find a way to refinance before it gets that far. ...
    2008-01-12 11:31:03

  • Families facing foreclosure get help - Chicago Tribune

    Families facing foreclosure get helpChicago Tribune, United States - 2 hours agoMatthew Mack, a consultant for Pinnacle Home Mortgage, said homeowners must come forward to refinance or modify loans if they cannot pay them. ...
    2008-01-13 12:01:05

  • Lenders fight over those with good credit ratings - Baltimore Sun

    Lenders fight over those with good credit ratingsBaltimore Sun, United States - 2 hours agoAnd other borrowers, say, with mediocre credit scores or not much equity in a home can refinance, too. In those cases, it just might take more time or ...
    2008-01-13 12:25:09

  • Of polls, taxes and technology - The Columbian

    Of polls, taxes and technologyThe Columbian, WA - 2 hours agoWell, if you want to refinance your mortgage, you'll take more equity into that process. If you want to borrow money for your kid's tuition or to remodel ...
    2008-01-13 12:29:37

  • Staving Off Recession: Where to start to shore up the economy - Dallas Morning News

    Staving Off Recession: Where to start to shore up the economyDallas Morning News, TX - 2 hours agoFederal policy should encourage lenders to freeze or refinance troubled loans and to provide safety nets for legitimate borrowers who are in danger of ...
    2008-01-13 12:40:47

  • New FHA mortgage options extend relief to cash-poor buyers - The News Journal

    New FHA mortgage options extend relief to cash-poor buyersThe News Journal, DE - 2 hours agoAnd some homeowners who are slipping behind could try to refinance with the government. That would be welcome relief, too.
    2008-01-13 12:53:26

  • The Federal Reserve Has Failed Us - Seeking Alpha

    The Federal Reserve Has Failed UsSeeking Alpha, NY - 2 hours agoHome values soared (people had cheap access to money) and people refinanced to take some of that money out and spend it. Others went into massive debt to ...
    2008-01-13 12:58:45

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