* You are viewing the archive for April, 2008

Another loss for US mortgage firm - BBC News


Earthtimes (press release)
Another loss for US mortgage firm
BBC News, UK -9 hours ago
Countrywide Financial, the largest US mortgage lender, has posted a third consecutive loss as borrowers failed to keep up with their home loan payments.
Bank of America Vows More Help for Countrywide Mortgage DebtorsNew York Times
Countrywide loses $893 million in 1Q on rising loss reserveThe Associated Press
Countrywide Reports $893 Million Loss From Bad Loans (Update5)Bloomberg
CNNMoney.com - Bizjournals.com
all 848 news articles

More: continued here

Considering buying an REO, bank owned property? Posted By : Luis Pezzini-7283

How to get started buying Reo’s (Bank owned property). What steps are important? Do I need a Realtor?

More: continued here

What is a Mortgage Advisor? Posted By : michael sterios

Much like a broker can help you find the best companies and finance, etc, a mortgage advisor can also help you find the best option for you. He or she can also help you in the application process, and offers an excellent service for anyone buying a house. The main difference between a mortgage advisor and broker is the training and expertise needed to do each job.

More: continued here

Bush could get mortgage plan by early July - Reuters


FOXBusiness
Bush could get mortgage plan by early July
Reuters -2 hours ago
By John Poirier WASHINGTON (Reuters) - The US Congress could send a package of proposals for housing and mortgage reform to the White House by July 4,
Too Rich for the Rebate? How the Stimulus Can Help YouFOXBusiness
Estimates Are Key at Financial FirmsWashington Post
Lender says new fees may hurt La.The Times-Picayune - NOLA.com
AHN - San Jose Mercury News
all 18 news articles

More: continued here

Pay Off A Mortgage Early - A Homeowner’s Oxymoron Posted By : Kate Ford

A homeowner dreams of paying off a mortgage early. However eliminating a mortgage through gradual amortization means most homeowners rarely become mortgage free. I have a solution! Here’s a great way to make mortgage amortization actually work in your favor.

More: continued here

Six Top Long-Term Mortgage Deals - Motley Fool UK


MSN Money UK
Six Top Long-Term Mortgage Deals
Motley Fool UK, UK -10 hours ago
But when it comes to your mortgage deal, commitment is no bad thing. In fact, a long-term mortgage deal at a time of economic uncertainty can be a very good
First-time buyers hit by 10pc deposit demandTelegraph.co.uk
Mortgage squeeze tightens after Abbey clamps down on interest-only guardian.co.uk
Nationwide tightens mortgage criteria againForbes
Times Online - Fair Investment Company
all 65 news articles

More: continued here

Pound weakens on mortgage, retail data - AFP


24dash
Pound weakens on mortgage, retail data
AFP -9 hours ago
Britain's mortgage approvals were at their lowest since the data series began in January 1999, while the Confederation of British Industry reported that
Homebuyers slump to record lowThis is Money
Home buying mortgages at record lowThe Press Association
OUTLOOK European, US data due Tuesday, April 29Trading Markets (press release)
Thomson Investment Management News (subscription) - International Herald Tribune
all 25 news articles

More: continued here

Mothers at mercy of interest rates - Melbourne Herald Sun

Mothers at mercy of interest rates
Melbourne Herald Sun, Australia -10 hours ago
ALMOST half of Australian women aged 25-40 said they couldn't afford their mortgage repayments if they took time off to have a baby.
Govt must act on maternity leave: surveyThe Age
all 57 news articles

More: continued here

UPDATE 1-Thornburg Mortgage says faces US SEC probe - Reuters

UPDATE 1-Thornburg Mortgage says faces US SEC probe
Reuters -3 hours ago
NEW YORK, April 28 (Reuters) - Thornburg Mortgage Inc (TMA.N: Quote, Profile, Research) said on Monday the US Securities and Exchange Commission has opened
SEC Investigating Thornburg Mortgage (TMA) and Financial RestatementsStreetInsider.com (subscription)
all 3 news articles

More: continued here

Senate Hearing Focuses on Mortgage Lenders - New York Times


WCSH-TV
Senate Hearing Focuses on Mortgage Lenders
New York Times, United States -3 hours ago
By GRETCHEN MORGENSON A Senate subcommittee plans a hearing next week to investigate whether mortgage lenders are abusing the bankruptcy court system and
Mortgage crisis expands to prime borrowers in NHBoston Globe
Prosecute the Mortgage SharksWashington Post
all 19 news articles

More: continued here