Archive for March, 2009

« Previous Entries
Mar 08 2009

Taxpayer backs fifth of Lloyds home loans – guardian.co.uk

Posted by admin in Uncategorized

guardian.co.uk
Taxpayer backs fifth of Lloyds home loans
guardian.co.uk, UK
More than 20% of home loans from Lloyds Banking Group, Britain's largest mortgage bank, have been included among the group's most toxic assets and pushed into the government's insurance scheme in an effort to insulate the firm from the full impact of …
Lloyds the latest UK bank to be rescued The Age
Government may get 77pct Lloyds stake International Herald Tribune
The men who broke a bank Times Online
Daily Mail - Times Online
all 1,273 news articles

Original post click here

Comments No Comments »

Mar 08 2009

Borrowers beware of the fine print – McKinney Courier Gazette

Posted by admin in Uncategorized

Boston Globe
Borrowers beware of the fine print
McKinney Courier Gazette, TX
In order to find out if either company holds their mortgage, homeowners should contact their loan officer. Fannie Mae and Freddie Mac own or guarantee nearly 31 million home loans, thousands of which are in Texas. However, the two companies have not …
Video: Obama's Housing Plan: Just the Facts The Associated Press
Mortgage help: a Goldilocks approach Christian Science Monitor
First-time home buyers ABC15.com (KNXV-TV)
Hartford Courant - The Tennessean
all 1,465 news articles

Original post click here

Comments No Comments »

Mar 08 2009

Council votes to refinance oustanding warrants – Gulf Coast Newspapers

Posted by admin in Uncategorized
Council votes to refinance oustanding warrants
Gulf Coast Newspapers, AL
The Orange Beach City Council voted Tuesday to refinance several outstanding warrant issues despite confusing circumstances. The resolution, which was discussed during the Feb. 23 work session, would lead the city to save $400000 to $500000 — a 3 …

Original post click here

Comments No Comments »

Mar 08 2009

Financial Q&A: comparing the safest investments – Christian Science Monitor

Posted by admin in Uncategorized
Financial Q&A: comparing the safest investments
Christian Science Monitor, MA
If we refinance, the monthly principal and interest would be about $10 less per month, but this would be on a 20-year, fixed-rate loan. We would eliminate more than 50 months of payments (about $450 in monthly principal and interest), totaling more …

Original post click here

Comments No Comments »

Mar 08 2009

Mortgage help: a Goldilocks approach – Christian Science Monitor

Posted by admin in Uncategorized
Mortgage help: a Goldilocks approach
Christian Science Monitor, MA
This program is directed at homeowners with home loans from Fannie Mae or Freddie Mac. The two mortgage finance companies own or guarantee more than half of the nation's 52 million mortgages. In order to qualify for more affordable, fixed-rate loans, …
Obama's Mortgage Relief Plan: The Details Hartford Courant
Home rescue plan on the way The Tennessean
Don't limit the mortgage deduction San Francisco Chronicle
Asbury Park Press - Dover Community News
all 174 news articles

Original post click here

Comments No Comments »

Mar 08 2009

Obama's Homeowner Stability Plan: How Helpful Will It Be? – Seeking Alpha

Posted by admin in Uncategorized
Obama's Homeowner Stability Plan: How Helpful Will It Be?
Seeking Alpha, NY
The first component is referring to the historic low mortgage rates that are giving many folks the opportunity to refinance their mortgages to lower monthly payments. However, some owners are not able to refinance due to current rules that make it …

Original post click here

Comments No Comments »

« Previous Entries