Mortgage and Financial News From 2008-1-13 Page 56

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  • The new bubble-prone economy

    Los Angeles Times - It's not going to reverse it. It might mitigate it." But the overriding requirement, they say, is that economists and ... The invention of sub-prime mortgages, which have been at the center of the current crisis, is just one example. "We've had a ...
    2008-01-12 11:50:00

  • More seniors take out loans that dip into the equity in their homes.

    Raleigh News & Observer - She wants to be where she is right now when she passes away." Reverse mortgages remain relatively rare, but their popularity is rising in North Carolina and across the country. The loans, available only to seniors, enable borrowers to transform their ...
    2008-01-12 10:17:00

  • When mortgages reverse

    Raleigh News & Observer - * A poor credit history or inadequate income won't stop seniors from obtaining a reverse mortgage. * Virtually all of the fees can be rolled into the loan, so you don't need a lot of cash. * It's a way for house-rich, cash-poor seniors to get money ...
    2008-01-12 10:17:00

  • ‘Nightly News’ Spreads Fear Over Reverse Mortgages - NewsBusters

    ‘Nightly News’ Spreads Fear Over Reverse MortgagesNewsBusters - Jan 11, 2008"Reverse mortgages allow seniors 62 and older to borrow against the equity they've built up in their home," NBC correspondent Tom Costello said. ...
    2008-01-11 01:03:44

  • The new bubble-prone economy - Los Angeles Times

    The new bubble-prone economyLos Angeles Times, CA - 1 hour agoIt's not going to reverse it. It might mitigate it." But the overriding requirement, they say, is that economists and policymakers need to develop ways to ...
    2008-01-13 12:00:43

  • Were you money savvy in 2007? - Seattle Times

    Were you money savvy in 2007?Seattle Times, United States - 47 minutes agoThey signed up for mortgages with terms and conditions they just couldn't meet. Adjustable-rate mortgages, with escalating payments, have been a nasty ...
    2008-01-13 01:13:15

  • Reverse Mortgage Company now Offers Alternatives to Lower Home ... - PR Web (press release)

    Reverse Mortgage Company now Offers Alternatives to Lower Home ...PR Web (press release), WA - 20 minutes agoGoReverseandSave.com, a well known online reverse mortgage lender, now offers options of home loans for seniors that want to lower their monthly home loan ...
    2008-01-13 01:40:16

  • More seniors take out loans that dip into the equity in their homes. (The News & Observer)

    Trudy Semaske of Louisburg and other seniors are tapping their largest asset -- their homes -- to generate cash to pay bills or upgrade their lifestyles.
    2008-01-12 10:40:23

  • Reverse Mortgage Company now Offers Alternatives to Lower Home Loan Payments (PRWeb via Yahoo! News)

    GoReverseandSave.com, a well known online reverse mortgage lender, now offers options of home loans for seniors that want to lower their monthly home loan payments. In addition of reverse mortgages, the company provides home equity loans, refinancing and debt consolidation.
    2008-01-12 11:01:00

  • Bond funds can offer safe haven for investors worried over stock market's jitters (The Journal News)

    The stock market's performance in recent months has no doubt left some investors uttering four-letter words - one of which might be "bond."
    2008-01-12 11:38:27

  • Business calendar (Poughkeepsie Journal)

    Financial Planning Association Chapter of the Hudson Valley — Vassar College Alumnae House, 161 College Ave., Poughkeepsie. 11:45 a.m. This month's presentation will be given by Karen Gurina of Wells Fargo Home Mortgage. The topic for this month's meeting will be "The ABCs of Reverse Mortgages." $18 for nonmembers advance registration, $20 for walk-ins. Members: $15 in advance and $17 walk-ins. ...
    2008-01-13 12:00:24

  • The new bubble-prone economy (Los Angeles Times)

    The current downturn looks more unsettling than a simple swing in the financial cycle, and traditional remedies might not be up to the task. As presidential candidates and government policymakers rush to offer prescriptions for the deteriorating U.S. economy, some are beginning to worry about a disturbing possibility: This may not be your traditional downturn. And the tools that helped ...
    2008-01-13 12:14:57

  • Reverse Mortgage Company now Offers Alternatives to Lower Home Loan Payments (PRWeb)

    GoReverseandSave.com, a well known online reverse mortgage lender, now offers options of home loans for seniors that want to lower their monthly home loan payments. In addition of reverse mortgages, the company provides home equity loans, refinancing and debt consolidation. (PRWeb Jan 13, 2008) Post Comment:Trackback URL: http://www.prweb.com/pingpr.php/RmFsdS1TdW1tLUhhbGYtTWFnbi1Mb3ZlLVplcm8=
    2008-01-13 12:18:41

  • Stock market turmoil spurs interest in high-grade bonds

    Arizona Daily Star - The stumble in stocks that began in the second half of 2007 and continued into this year has sent many investors looking to ... Faltering mortgages have made banks hesitant to hand out money for fear that exotic investments made up of bundled home loans ...
    2008-01-12 10:53:00

  • Funds invested in property hurt most in '07

    Seattle Times - Bank-loan funds rose 1 percent, ranking second-to-last, while high-yield corporate bond funds rose 1.4 percent, ranking ... 190 million Regions Morgan Keegan Select High Income, which plunged 59 percent because of losses tied to subprime mortgages. ...
    2008-01-13 12:05:00

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