Mortgage and Financial News From 2008-2-3 Page 49

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• Note to Congress on Bush's ideas: Just do it - HeraldNet

  Note to Congress on Bush's ideas: Just do itHeraldNet, WA - 1 hour agoAfter a reference to the "Hope Now" alliance, which put together a coalition of lenders to stanch the flow of foreclosures, he said, "And Congress can help ...
  2008-02-03 12:12:23

• Negotiating the mortgage maze - Boston Globe

  Negotiating the mortgage mazeBoston Globe, United States - 1 hour agoThese tips come courtesy of Daniel J. Galli, a certified financial planner in Norwell, who said that with lenders putting a higher emphasis on borrowers' ...
  2008-02-03 12:12:51

• Land Transactions - Charlotte Observer

  Land TransactionsCharlotte Observer, NC - 1 hour agoPriority Trustee Services of NC LLC, Trustee for Cynthia Turner, Parcel on 16th Avenue Place NW; HT; to Accredited Home Lenders Inc.; $128000/S; Nov. 27. ...
  2008-02-03 12:13:09

• Fed's moves could create opportunity to refinance - The Oregonian - OregonLive.com

  Fed's moves could create opportunity to refinanceThe Oregonian - OregonLive.com, OR - 1 hour agoThere's not one lender we're qualified with that has not significantly tightened their standards, not one. The mortgage boom has given way to a foreclosure ...
  2008-02-03 12:13:39

• FORECLOSURES: Hitting at home - Chronicle-Telegram

  FORECLOSURES: Hitting at homeChronicle-Telegram, OH - 1 hour agoIn the last six years, mortgage lenders and banks have filed 10267 property foreclosures with the Lorain County Clerk of Courts. ...
  2008-02-03 12:13:43

• All about the current housing slump - Detroit Free Press

  All about the current housing slumpDetroit Free Press, United States - 1 hour agoWhen you add to this nasty mix the sluggish economic growth and massive layoffs that we've seen in the past couple of years, big swings in mortgage rates ...
  2008-02-03 12:16:08

• Poll: Strapped borrowers unaware of alternatives - Cherry Hill Courier Post

  Poll: Strapped borrowers unaware of alternativesCherry Hill Courier Post, NJ - 1 hour ago... mortgage lender offered workout options. The survey also found an increase in the percentages of delinquent borrowers who recall their lenders reaching ...
  2008-02-03 12:26:02

• A case of jitters before the big game: Does your TV measure up? - Baltimore Sun

  A case of jitters before the big game: Does your TV measure up?Baltimore Sun, United States - 1 hour agoSome friends have standing Super Bowl arrangements with people to whom they are eternally indebted: in-laws, bosses, subprime lenders. But others? ...
  2008-02-03 12:26:14

• Rod Dreher: Time for a brief GOP vanishing act? - Dallas Morning News

  Rod Dreher: Time for a brief GOP vanishing act?Dallas Morning News, TX - 50 minutes agoThe federal deficit is exploding as our politicians mortgage our liberty to overseas lenders. The national savings rate is zero percent. ...
  2008-02-03 12:37:51

• Peter Boutell, Lending a Hand: What would an increase in loan ... - Santa Cruz Sentinel

  Peter Boutell, Lending a Hand: What would an increase in loan ...Santa Cruz Sentinel, CA - 19 minutes ago... new conforming loan and eliminate the higher rate on their second mortgage. Unfortunately, under the proposed legislation it is likely that lenders will ...
  2008-02-03 01:08:56

• Reverse Mortgages Coming Under Scrutiny (Hartford Courant)

  A reverse mortgage can be a financial lifeline, but consumer advocates are worried that some people are taking them out with too many strings attached.
  2008-02-03 12:37:48

• Loan restrictions amount to a kind of redlining (Baltimore Sun)

  Kenneth Harney -- Nation's Housing Critics call it the new redlining: Many of the country's largest mortgage lenders are imposing loan restrictions in entire counties or ZIP codes that they rank as risky or "declining."
  2008-02-03 12:43:14

• Reverse mortgages need warning (Baltimore Sun)

  Areverse mortgage can be a financial lifeline, but consumer advocates are worried that some people are taking them out with too many strings attached.
  2008-02-03 12:50:35

• End-of-year tax breaks will help some homeowners (The Columbus Dispatch)

  WASHINGTON -- In a year of bad mortgage news, there's a bright spot or two for homeowners: Foreclosure comes with a tax break, and 2007 mortgage-insurance payments might be tax-deductible.
  2008-02-03 01:00:11

• Business Milestones (Winston-Salem Journal)

  ■ Crossroads Behavioral Healthcare in Elkin was awarded a $300,300 grant by the Kate B. Reynolds Charitable Trust of Winston-Salem. The grant will support Communities Caring for Families, the organization's initiative to more than double services to children ages 10 to 16 in Surry and Yadkin counties.
  2008-02-03 01:02:49

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