Archive for February, 2010

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French Econ min says state debt CDS should be banned
Reuters
Lagarde said she had no doubt Greece would be able to refinance its debt with the help of public, private funds or both. Revelations that Greece's deficit

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Weighing the ramifications of simply walking away
Lancaster Eagle Gazette
Before 2007, there was so much easy-money home mortgage loans that home prices ballooned — almost out of sight. Not withstanding escalated prices,

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Loan delays hurt NAB
Herald Sun
NATIONAL Australia Bank's campaign for new home loan customers has been short-circuited by delays on processing applications from mortgage brokers.

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Boston Globe
Existing Home Sales Plunge – Further Evidence Housing Resurgence Is Stalling
Seeking Alpha (blog)
Nearly three-fourths of sellers were concerned about the buyers' abilities to get a home loan, an increase from 54 % in 2008.
Housing market shows weakness for 2nd monthThe Associated Press
Illinois Home Sales Increase 14 Percent in January from a Year AgoPR Newswire (press release)
Ocala tops Florida in fast pace of home salesOcala

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Fearful borrower hopes for a chance
CharlotteObserver.com
If you can't refinance because your home is worth less than you owe, the Home Affordable Refinance Program might help.

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Make sure loan quotes guaranteed
Boston Herald
brought together representatives of the highest-volume mortgage lenders in the country – who originate a combined 80 percent-plus of all new home loans

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