Banks to take a hit on US home loans
Financial Times
The Obama administration, which recently announced the formation of a new state and federal unit to investigate alleged frauds involving home loans and mortgage-backed securities, intends to use the threat of litigation against large US financial …
HUD Secretary Expects “Substantial” Payment of Foreclosure Fraud Settlement …Firedoglake

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Mortgage hurricane warning from Florida businessman went unheeded
Sarasota Herald-Tribune
By GRETCHEN MORGENSON Years before the housing bust — before all those home loans turned sour and millions of Americans faced foreclosure — a wealthy businessman in Florida set out to blow the whistle on the mortgage game. His name is Nye Lavalle, …

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Borrowing still possible for imperfect buyers
Columbus Dispatch
By Jim Weiker Plenty has changed in the mortgage industry since housing slipped into the gutter, but one thing hasn't: It's still possible to get a loan without perfect credit or a big savings account. A credit score of at least 680 and the ability to …

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Telegraph.co.uk

Clothing retailer Musto to refinance its debts
Telegraph.co.uk
Outdoor clothing specialist Musto is set to become the latest retailer to refinance its debts as the consumer economy continues to disappoint. The company is pinning its hopes on Europe in particular with subsidiaries in Italy and Spain and is seeing …

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NEWS.com.au

Hockey, Swan shadow-boxing on home loan costs
NEWS.com.au
A FRESH row has erupted over home loan interest rates as Labor and the Coalition trade blows before the Reserve Bank's predicted cut tomorrow. Treasurer Wayne Swan yesterday said home mortgage rates were $3000 a year cheaper since Labor won power for …
Swan warns banks to pass on rate cutSydney Morning Herald

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BigPond News

Hockey, Swan shadow-boxing on home loan costs
The Daily Telegraph
A FRESH row has erupted over home loan interest rates as Labor and the Coalition trade blows before the Reserve Bank's predicted cut tomorrow. Treasurer Wayne Swan yesterday said home mortgage rates were $3000 a year cheaper since Labor won power for …
Swan warns banks to pass on rate cutSydney Morning Herald

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Real Estate column: A loan modification isn't a new mortgage
Herald Times Reporter
A loan modification is not a new mortgage. It allows renegotiating an existing loan to bring about an affordable monthly payment, bringing the loan current if the homeowner is behind, or bringing the home out of foreclosure. A homeowner can apply for a …

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Report: Debt may hamper refinancing for gaming companies
Las Vegas Review – Journal
Inc. and CityCenter Holdings LLC could face challenges refinancing their debt, according to a new report by Moody's Investors Service. » Buy this photo By Chris Sieroty Things are looking better for Las Vegas these days — visitor numbers, …

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Refinancing to save city $880000
Hudson Hub-Times
by Laura Freeman | Reporter Hudson — The city will refinance $9.6 million in bonds and save approximately $880000 in interest after Council's approval Feb. 1. Council members unanimously agreed to refinance bonds from 2002, 2004 and 2005, …

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Borrower needs to refinance
Detroit Free Press
I have been with my lender (a big national bank) for almost 13 years, and I have been trying unsuccessfully to refinance with them for the past couple of years. I applied for a loan modification, and during the original process I was told it looked …

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