Mortgage Wire
Comprehensive News Feed for Mortgage.
Results 1 - 20 of 28,775 in Mortgage
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New gold bugs taking gold mainstream
Gold has long been favored by a fringe of the investment world, but this year some of the world's leading hedge-fund managers have loaded up on the precious metal amid concern government efforts to avoid another Great Depression that could undermine major currencies and fuel rampant inflation. Comment?
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Late payments on credit cards drop in 3rd quarter
... 1993. The decline in credit card delinquency follows TransUnion data last week that showed the pace of growth for mortgage delinquencies also slowed in the third quarter. It's too early to tell how the recession has affected consumer behavior ... Comment?
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City column: $30 million in taxes, fees fund three largest departments
... less than 80 percent of the city's median family income, adjusted for family size) and be approved for a home mortgage from a financial institution, but lack the funds necessary for the down payment requirements of the financial institution and/or ... Comment?
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R.I. emergency food programs see a one-year 30-percent surge
w/Photo
... at a favorite Spanish restaurant. On the menu? Lobster, filet mignon and arroz con pollo. Then her husband lost his mortgage-company job. Now, McDuffie spends a little more for a week's worth of groceries -- with money from the state. "We went from ... Comment?
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New Website Being Launched To Provide Free Foreclosure Help Online
Attorneys, State licensed residential mortgage professionals, non for profit organization, housing counselors, and community organizers are proud to announce the launching of a Free Foreclosure Help website, www.freeforeclosurehelponline.com on December 1st 2009, to help millions of homeowners across the nation avoid foreclosure. Comment?
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... the world who are interested in investment property. We are not related in any way to two tier marketing companies, mortgage broker companies, publishing companies or any other company that can benefit from controlling a forum. Moderation We will ... Comment?
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Financial Advisor - Training Program
... or other continued education, medical, dental and vision plans, and stock options. They also include such perks as mortgage assistance, special discounts for auto and homeowners insurance, and banking. You'll also have a chance to build equity in ... Comment?
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Starting Out: New appraisal rules could decrease home's value
... Calif., seller received four offers. He turned down a gold-plated buyer that offered the highest price but needed a mortgage -- and instead accepted a lower-priced, all-cash offer. Another seller in nearby Oakland's Rockridge neighborhood accepted ... Comment?
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Real Estate Mailbag: Being condo owner doesn't entitle you to fellow owners' info
... owner, that information becomes public, and privacy is lost. Dear Benny: Can I rent my home if it has a reverse mortgage? JANET Dear Janet: The short answer is no; a reverse mortgage is limited to people who actually live in their home and are aged ... Comment?
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Editorial: Hurricane-resistant homes
... That would help thousands of Road Home applicants who had to self-finance some repairs and as a result have higher mortgage payments than before the storm or lack the equity to finance additional improvements. In some working-class neighborhoods ... Comment?
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Hard work, integrity keys to success in rough markets
... with clients on short sales. A short sale is an agreement between a homeowner, the lending institution holding the mortgage and a buyer. Under the terms of that agreement, the bank agrees to allow the home to sell for less than is owed under the ... Comment?
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Financing available for existing mobile homes?
... home to be at least a double-wide on a permanent foundation. Christopher J. Corwin, direct lending manager for 21st Mortgage Corp., said his company has financing available for both new and used mobile homes. Based in Knoxville, Tenn., 21st Mortgage ... Comment?
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Interest-rate shock ahead for US debt
... director of the Concord Coalition, a nonpartisan group that advocates lower deficits. "We're taking out a huge mortgage right now, but we won't feel the pain until later.'' So far, the demand for Treasury securities from investors and other ... Comment?
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Wall St. Finds Profits Again, Now by Reducing Mortgages
... As millions of Americans struggle to hold on to their homes, Wall Street has found a way to make money from the mortgage mess. Investment funds are buying billions of dollars' worth of home loans, discounted from the loans' original value. Then, in ... Comment?
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... landlords and are refusing to refinance properties unless owners pony up the difference between their outstanding mortgage and a very conservative appraisal of what that property is worth today, the opposite of the once-popular "cash-out ... Comment?
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Tamweel returns to profit in Q3
... Tamweel has returned to black after recording losses for three consecutive quarters. The Shari'ah-compliant mortgage lender has posted a net profit of Dhs10m for the third quarter of 2009, after prudential impairment provisions of Dhs53m. ... Comment?
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... homeowners. The grant comes through the National Foreclosure Mitigation Counseling program. It will pay for 5,000 mortgage delinquency and foreclosure prevention counseling sessions. The head of the housing authority says financial counseling is the ... Comment?
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National Australia Says It May Seek U.K. Bank Assets as RBS, Lloyds Sell
National Australia Bank Ltd. said ita s studying assets that may come up for sale in the U.K. after Royal Bank of Scotland Group Plc and Lloyds Banking Group Plc said they would sell units and branches to meet state aid rules. Comment?
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McCain workers meet over uncertain fate
... of families here have got husband and wives working here, young families, probably two or three kids, young kids, a mortgage on their head," he said. "I heard on Friday afternoon that at least 8 to 10 people have gone up to the local real estate to ... Comment?
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Ask the Mortgage Professor: Front-loaded loans aren't bad for borrowers
... -- possibly even sinister. The following statement is typical. "Did you know that on your typical 30-year mortgage, it takes approximately 21 years just to pay down less than half of the principal of your loan? "The mortgage industry's big secret ... Comment?
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