Mortgage and Financial News From 2008-1-13
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Quitclaim deed is crucial in this case - HeraldNet
Quitclaim deed is crucial in this caseHeraldNet, WA - 30 minutes agoWhen you took over the mortgage payments on the house owned by your friend, you were doing her an enormous favor because you were making the payments on a ...
2008-01-13 12:07:03 -
Interest rate cuts can't be seen as a cure-all - HeraldNet
Interest rate cuts can't be seen as a cure-allHeraldNet, WA - 30 minutes agoBad as it is, the subprime market by itself can only do so much damage. The monetary policy issue, then, becomes a relatively short-term one of trying to ...
2008-01-13 12:07:10 -
LET'S GET FINANCIALLY PHYSICAL - Charlotte Observer
LET'S GET FINANCIALLY PHYSICALCharlotte Observer, NC - 29 minutes agoBefore you pay your rent or mortgage, buy groceries or hit the mall, save a certain amount every month or from each paycheck -- at least 10 percent. ...
2008-01-13 12:08:16 -
Tax time: In a file mood yet? - Charlotte Observer
Tax time: In a file mood yet?Charlotte Observer, NC - 29 minutes ago... including the mortgage interest credit form, will have to wait until February to file returns. But only 3 million to 4 million file early anyhow. ...
2008-01-13 12:08:25 -
Banks Probed Over High-Risk Bundling - Hartford Courant
Banks Probed Over High-Risk BundlingHartford Courant, United States - 28 minutes ago"The loans were made to people who did not have any documents to verify their income or other verification for key requirements normally applied to mortgage ...
2008-01-13 12:09:45 -
Bills target mortgage crunch - Sacramento Bee
Bills target mortgage crunchSacramento Bee, USA - 26 minutes agoSB 926 would also require lenders to send notices to borrowers three times to warn them that their mortgage interest rates were about to go up and give them ...
2008-01-13 12:11:36 -
Play credit game right to keep your scores up - The Oregonian - OregonLive.com
Play credit game right to keep your scores upThe Oregonian - OregonLive.com, OR - 15 minutes agoI have not missed or been late on any mortgage or credit card payments. But since then I have opened six new credit cards to take advantage of 0 percent ...
2008-01-13 12:22:14 -
Home loan reforms planned - Baltimore Sun
Home loan reforms plannedBaltimore Sun, United States - 13 minutes agoBy Laura Smitherman | Sun reporter January 13, 2008 Kue McIntyre of Northeast Baltimore fell behind on her mortgage payments, but she didn't know how dire ...
2008-01-13 12:24:23 -
Quitclaim deed is crucial in this case (Everett Herald)
Question: I was reading your recent article on quitclaim deeds. It sounds fascinating and a little confusing. My scenario is a bit different. I was wondering if you could help explain if a quitclaim deed is right for me.
2008-01-13 12:22:12 -
Defaults loom as 'social' lending's biggest bugaboo (Everett Herald)
In the wake of the subprime mortgage meltdown, traditional financial institutions have tightened up on who gets to borrow money. But some people are still finding ways to borrow the money they need, thanks to another area of lending that is booming.
2008-01-13 12:23:23 -
Dollar's decline, real estate slump help foreigners snap up U.S. homes (Everett Herald)
NEW YORK -- Panden Rota, a Nepalese producer of fine rugs, is about to become a Manhattanite, the owner of a sumptuous apartment in the luxurious downtown neighborhood of Battery Park City.
2008-01-13 12:23:33 -
Be wary of second home's tax implications (Everett Herald)
A friend of mine thought he would take advantage of the rotten winter weather -- and the perception that real estate is about the same -- and make a low-ball offer on a piece of recreational property that one day could become his second home.
2008-01-13 12:23:42 -
Interest rate cuts can't be seen as a cure-all (Everett Herald)
The unemployment data released by the U.S. Department of Labor on Jan. 4 certainly got everyone's attention. The stock market tanked and concerns about the economy gained strength and credibility.
2008-01-13 12:24:13 -
Were you money savvy in 2007? (Seattle Times)
Making financial decisions is always easy — after the fact. And 2007 presented consumers with no shortage of challenges, from a flat...
2008-01-13 12:25:22 -
Greenspan's reputation is at risk as housing crisis unfolds (The Morning Call)
Former Fed official says agency was 'slow on the draw.' The next bubble to deflate may be Alan Greenspan's reputation.
2008-01-13 12:31:53