Latest News in Refinancing Home Mortgages – Oct 30, 2008


Keepin’ It Real (Estate): Mortgage Value Not Related to House Value – MSN Mon…
Goldman Sachs Group Inc ( GS ) Stock Quote , Chart , News , Add to Watchlist As the debate rages about whether or not we?re finally approaching a floor in home prices, let?s examine the value of another asset: The mortgage. When considering a …

Mortgage Insurance Companies Not Giving Breaks – Insurance News Net
Oct. 29–Randy Johnson, the Newport Beach author of “How to Save Thousands of Dollars on Your Home Mortgage” and a mortgage broker since 1983, answers questions from readers. QUESTION: If one buys a home that is appraised at $1.1 million but sells …

Maid-Turned-Realtor Ran Vegas Mortgage Scam, Prosecutors Say – Bloomberg
Oct. 30 (Bloomberg) — Eve Mazzarella was a Las Vegas success story. The high-school dropout and former housemaid moved to the Nevada city in 2000 from Seattle, got a certificate from the ABC Real Estate School and started selling houses in what …

Head of financial rescue program cites progress – Washington Post
House Oversight and Government Reform Committee member Rep. Elijah Cummings, D-Md. asks questions of the panel during a hearing of the committee on Capitol Hill in Washington, Wednesday, Oct. 22, 2008. (AP Photo/Lawrence Jackson) (Lawrence Jackson …

US working on plan to help homeowners refinance – Salon
Oct 23rd, 2008 | WASHINGTON — The federal government is working on a loan-guarantee plan that could help many homeowners escape foreclosure, a banking regulator told Congress Thursday. At the same time former Federal Reserve Chairman Alan Greenspan …

Bank regulator says US working to help besieged homeowners refinance … – M…
After Clinton expanded the community housing act, it became illegal for banks not to make loans to certain low income, high risk ? read more individuals.. WASHINGTON – The federal government is working on a loan-guarantee plan that could help many …

Mortgage applications ebb 17 percent – Newsday
U.S. mortgage applications fell last week to the lowest level in almost eight years as the worst financial crisis in seven decades dried up lending. The Mortgage Bankers Association’s index of applications to purchase a home or refinance a loan …

FDIC May Guarantee Some Home Loans – Washington Post
The U.S. government may start guaranteeing the mortgages of some homeowners who are heading for default, in hopes of convincing lenders to renegotiate the terms of troubled loans and avoid more foreclosures, Federal Deposit Insurance Corp. chairman …

Official: mortgage plan coming soon – Salon
Oct 23rd, 2008 | WASHINGTON — A senior Treasury official says the department intends to get a program to help struggling homeowners revise mortgages up and running soon. Neel Kashkari, who is heading the government’s $700 billion financial rescue …

California Home Sales Revive, But Not Without Intense Pain – Wall Street Journal
LOS BANOS, Calif. — In this California city, one of the hardest hit in the national housing crash, there’s good news: Homes are starting to sell again. Investors and first-time home buyers are snapping up foreclosed houses here, with the number of …