Mortgage and Financial News From 2008-1-5 Page 25

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  • Inland banking jobs hold steady despite national trend - Press-Enterprise

    Inland banking jobs hold steady despite national trendPress-Enterprise, CA - 4 hours agoThat's mainly because local and regional banks generally were able to steer clear of risky residential mortgage lending. "I haven't heard of any of them ...
    2008-01-05 07:45:26

  • Home-equity loans are big problems (The Cincinnati Enquirer)

    Home-equity loans - which for five years were a crucial pillar of consumer credit - have become one of the biggest problems for U.S. banks this year.
    2008-01-05 02:39:07

  • Foreclosures mount locally (Granite City Press-Record)

    Edwardsville attorney Billie L. Johnson has a simple explanation for why her list of clients who need help filing bankruptcy papers has grown so much over the past year.
    2008-01-05 10:34:32

  • Forecast 2008: Recession and Recovery (GoldSeek.com)

    It's that time of year, when I throw caution to the wind and present my annual forecast issue. Jumping to the conclusion, I think a recession has begun, so the relevant question is to ask when the recovery will begin.
    2008-01-05 11:44:53

  • Issues 2008

    Safe Haven - Issuance of bonds backed by U.S. subprime mortgages fell 50% during 2007 and totaled $191.8 billion, compared with $382.3 ... No amount of Fed rate cutting can reverse this spectacular debt collapse. The fallacies of so many aspects of ...
    2008-01-03 03:54:00

  • Habitat for Humanity revamps its organization

    Record Searchlight - The organization also requires chapters to offer interest-free mortgages to home buyers and work with households who can help ... SB 303 aims to reverse the trend of California’s housing supply falling far behind the ever-growing demand. It is this ...
    2008-01-02 03:55:00

  • U.S. Looks to Reverse Possible Recession

    The Epoch Times - ... Printer version | E-Mail article | Give feedback U.S. Looks to Reverse Possible Recession ... In 2006, 20 percent of all mortgages were considered subprime, according to a NPR report. By late 2006, the housing market ...
    2008-01-04 10:12:00

  • Reverse mortgage is one of the most expensive loans

    KYTV - The number of seniors whom Tonya Collister counseled last year on reverse mortgages more than doubled over 2006. They include those who just want some extra cash -- and those who need it. “People are living longer and some didn't plan to live to ...
    2008-01-03 03:54:00

  • Reverse resolutions put failure on others - Nashua Telegraph

    Reverse resolutions put failure on othersNashua Telegraph, NH - 7 hours agoWe have reverse mortgages, reverse phone directories, a reverse mouse game, even an ISP called reverse.net. So I say it's high time we have reverse ...
    2008-01-05 04:09:42

  • Local news (Elmira Star-Gazette)

    An Elmira Heights woman lost Friday night when she appeared on the NBC game show "1 vs 100."
    2008-01-04 11:08:52

  • Foreclosure hotline debuts

    Fort Wayne Journal Gazette - Indiana’s rate was nearly double that, with 3.28 percent of mortgages in foreclosure. The state ranked second behind only Ohio, which had a rate of 3.72 percent. Part of the problem in Indiana has been the loss of high-paying jobs, said John Hall ...
    2008-01-05 02:52:00

  • Weigh creative home financing

    Seattle Post Intelligencer - With partial financing, the seller provides a portion of the money, typically in the form of seller carrybacks, seller holdbacks or second mortgages. In an example of a seller carryback, the bank would lend 80 percent of the purchase price, the buyer ...
    2008-01-03 03:54:00

  • Letters -- Published Jan. 5, 2008 - Stockton Record

    Letters -- Published Jan. 5, 2008Stockton Record, CA - 10 hours agoSo mortgage companies came up with these new loans - no interest, 100 percent financing, adjustable-rate mortgages that reset after two years. ...
    2008-01-05 12:01:58

  • Lake housing authority aims for brighter 2008 - News-Herald.com

    Lake housing authority aims for brighter 2008News-Herald.com, OH - 10 hours agoAnother effort, the Home Ownership Program, serves 73 households and subsidizes the mortgages of 10 homes. Since its inception, 22 voucher holders have ...
    2008-01-05 12:11:43

  • Don’t write off America - Ynetnews

    Don’t write off AmericaYnetnews, Israel - 4 hours agoThe sub-prime crisis (why the hell doesn’t anybody just call it the “cheap mortgages crisis”?) may be slowing them down a little, but they have faced much ...
    2008-01-05 06:10:19

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