Mortgage and Financial News From 2007-9-13 Page 8

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  • Mortgage Lenders: The Pain Deepens

    BusinessWeek - But don't it expect to help riskier homebuyers re-enter the market or refinance. There is just too much worry by lenders and debt investors about credit quality. "I don't feel that there is a quick fix for this problem," Vanden Houten says. "It's ...
    2007-09-13 04:15:00

  • Macquarie Bank Forecasts Record First-Half Earnings (Update2)

    Bloomberg - Australia's four biggest banks were last week forced to provide more than A$10 billion of funding to their affiliate vehicles which were unable to refinance debt during the U.S. subprime mortgage rout. Macquarie Bank shares rose 35 cents to ...
    2007-09-13 04:44:00

  • Rates on 30-Year Mortgages Drop Sharply (Washington Post)

    WASHINGTON -- Rates on 30-year mortgages dropped this week to the lowest point in four months, providing some relief for people hoping to refinance their existing mortgages.
    2007-09-13 10:22:24

  • How a rate cut could affect you (CNN Money)

    All eyes are on the Federal Reserve and whether or not it will cut rates next week. If you're looking for a loan, wondering whether to refinance or just anxious about real estate, here's how to play the Fed's decision in your favor.
    2007-09-13 01:25:12

  • Commissioners refinance $4.6 million debt (Herald Standard)

    The Fayette County commissioners Wednesday voted to refinance about $4.6 million owed through a line of credit obtained via the Washington County Bond Pool, a move that should end up saving the county nearly $650,000 and cutting almost four years off the maturity date, according to the county's financial advisor.
    2007-09-12 09:32:46

  • Adaro Indonesia May Pay Premium to Refinance Bonds Ahead of IPO (Bloomberg.com)

    Sept. 13 (Bloomberg) -- PT Adaro Indonesia, the nation's second-largest coal miner, may have to pay a premium to refinance $400 million of debt that's restricting expansion and a share sale, said two bankers familiar with the firm's plans.
    2007-09-12 10:49:24

  • Negative-amortization loan unwise for 65-year-old

    Boston Online - ... is your opinion on my pulling out as much equity as possible from my home by taking out a negative-amortization mortgage in ... How do the sellers arrive at the fair market value in 1991 to calculate their basis for capital gains tax? --William M. DEAR ...
    2007-09-13 08:23:00

  • Commercial Paper Slump Eases; Asset-Backed Drop Slows (Update6)

    Bloomberg - The freeze had shut out borrowers including Countrywide Financial, Thornburg Mortgage Inc. and GMAC LLC and the decline in ... The Fed yesterday didn't calculate the 90-day rate on some commercial paper because it didn't have enough data. ...
    2007-09-13 02:56:00

  • Commercial Paper Slump Eases; Asset-Backed Drop Slows (Update6) (Bloomberg.com)

    Sept. 13 (Bloomberg) -- The decline in the U.S. commercial paper market slowed last week, prompting speculation that the worst of the short-term credit rout may be over.
    2007-09-13 03:04:37

  • Welcome to los-portales.com (los-portales.com)

    Wachovia Home Mortgages Compare Loans , Calculate Payments, Get Pre-Approved. All Online. www.Wachovia.com
    2007-09-13 03:40:45

  • Is Your Home A Tax Trap? (BusinessWeek)

    If you've refinanced your mortgage, you may owe the IRS more than you thought
    2007-09-13 03:12:18

  • Mortgage bailout met with backlash

    Daily Breeze - ... homeowners last month, Roach, a 30-year-old information technology specialist for a financial firm, had posted an online petition called "Tax Payers Against a Wall Street and Mortgage Bailout ... late payment of property taxes to help homeowners refinance ...
    2007-09-11 01:23:00

  • Paulson says rate resets will delay subprime resolution UPDATE

    Forbes - And finally, Paulson said today, 'we need an expansion of mortgage financing products' so that the homeowners can refinance their loans. ... The content on this site, including news, quotes, data and other information, is provided by AFX ...
    2007-09-12 09:35:00

  • Rachelle Russell & Associates, Inc Presents Pre Foreclosure ...

    PR Inside - workout, discount mortgage, debt relief, and debt management. "With the rapid rate ... Leaving little options to refinance out of the bad situation and in need of ... To learn more information about Rachelle Russell & Associates, Inc please contact ...
    2007-09-13 10:32:00

  • Home sales plunge in August

    Los Angeles Times - ... price declines, according to figures released Wednesday by DataQuick Information ... income to support these prices except with crazy mortgages -- and now the mortgage ... Today, many of these same buyers who counted on rising home values can't refinance ...
    2007-09-13 01:23:00

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