Latest News in Refinancing Home Mortgages – Sept 09, 2009
Please note it is your responsibility to evaluate the accuracy, completeness and usefulness of any information, opinion or advice contained in the content below.Mortgage-modification program shows improvement – Philadelphia Inquirer
More than a half-million homeowners have been offered a chance to modify their mortgages to lower interest rates since February’s launch of Obama administration efforts to reduce foreclosures nationwide. Yet in testimony yesterday before a …
Banks foreclose on more in county – Register-Guard
The pace of foreclosures in Lane County showed little sign of relenting as 222 more homeowners received legal notices in August, RealtyTrac reported Wednesday. And national economists are warning of a new wave of foreclosures that are on the …
Ways you can deal with low rates on savings – Detroit Free Press
If you want to see a sad snapshot of just how low savings rates have fallen, take a look at some banks that are advertising their so-called best promotional rates for CDs. Drumroll, please. How does 2% on a 17-month certificate of deposit grab you …
Foreclosures rise in Florida, fall in Tampa Bay area in August – St. Petersbu…
It wasn’t supposed to be this way in the summer of embryonic economic recovery and housing market stabilization: Increasing numbers of Florida homeowners are defaulting on mortgage payments, raising the possibility of another wave of foreclosures …
Delinquent mortgages continue declining: Fitch – Australian Broadcasting Corp.
The latest report from a major credit ratings agency shows that less Australian households are behind in their mortgage payments. Fitch Ratings said today in its latest report that Australian mortgage delinquencies had continued their downward trend …
Fed?s Beige Book: New Mexico region?s economy holding steady – New Mexico Bus…
Federal Reserve cuts 52 more jobs in Charlotte Bankers brace themselves for more economic storms Banks resist deep plunge into steep overdraft fees Upbeat Beige Book fuels Dow; energy stocks lead Colorado gainers again Sacramento recovery lags state …
US home loan demand rises despite foreclosures warning – The Age
The lowest mortgage rates in 3 months had US consumers clamouring for home loans last week even as the government said on Wednesday it expected millions more foreclosures. The Treasury Department followed up with a report saying only 12 per cent of …
Why Aren?t Foreclosure Rescue Policies Working? – Wall Street Journal
Pres. Obama discussing the foreclosure rescue plan in February in Arizona. Government officials and banking industry representatives will testify before a congressional panel that examines the progress, or lack thereof, on the Obama administration …
Turn the Tide on Foreclosures and Minimize Loss Mitigation Costs with … – P…
As more Americans are grappling with debt, unemployment and devalued homes, leading mortgage lenders are turning to personalized automated communications to prevent the growing number of loan defaults from escalating to foreclosures and to avoid …
They Bet the House, Now Their Interest-Only Loans May Backfire – CNBC
Edward and Maria Moller are worried about losing their house ? not now, but in 2013. That is when the suburban San Diego schoolteachers will see their mortgage payments jump, most likely beyond their ability to pay. Like millions of buyers during …
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