Mortgage and Financial News From 2008-3-9 Page 6

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  • Finance firms putting a spin on debts

    Los Angeles Daily News - Armonk, N.Y.-based bond insurer MBIA, which insures debt securities backed by residential mortgages, announced on Jan.31 it ... are not predictive of future claims, and, in the absence of further credit impairment, the cumulative marks should reverse ...
    2008-03-07 03:57:00

  • Homebuyers need Budget help

    Daily Telegraph - Nobody knows how many will simply relocate outside the United Kingdom – or what the reverse multiplier effect will be when ... wait longer to receive less, getting no help with housing costs for the first nine months and only interest cover on mortgages ...
    2008-03-06 03:58:00

  • Forget Brutopia as reality starts to bite

    The Australian - The baby bonus is lauded for helping reverse Australia's falling birth rate. Certainly, it has helped families struggling with rising mortgages and petrol prices when a new baby arrives.
    2008-03-09 07:43:00

  • Rose won't bloom without a PR coup

    Guardian Unlimited - M&S disclosed that sales had gone into reverse and the shares lost 20 per cent of their value. You would have thought Rose had invested in US sub-prime mortgages, so steep was the decline in the stock price.
    2008-03-08 08:21:00

  • Facebook could cause "privacy chernobyls"

    ZDNet Australia - For example, the French will bare their breasts but not their salaries and mortgages, and the reverse is true in the US. "My fear is that the cultural differences will make thoughtful regulation difficult," Rosen said.
    2008-03-09 03:50:00

  • 50+ staying informed of potential dangers (The Fredericksburg Free Lance-Star)

    An update on TRIAD, a Stafford and Spotsylvania program that helps area senior citizens
    2008-03-08 09:57:22

  • Home-free answer? (Erie Times-News)

    After years of monthly mortgage payments, older homeowners can turn the process upside down with a reverse mortgage.
    2008-03-08 11:14:53

  • Around the Valley (The Fresno Bee)

    Shaver Lake, Pine Ridge fire departments get grants
    2008-03-08 11:18:29

  • Reverse mortgages give seniors options (Everett Herald)

    George Downey, a long-time reverse mortgage lender, walked into a seminar designed to help people explore creative financing alternatives in an attempt to avoid default and foreclosure.
    2008-03-08 11:23:23

  • Events calendar (The Daily News)

    GENERAL INTEREST Daily News needs your egg hunt information
    2008-03-08 11:25:26

  • How to avoid getting scammed, or what to do if you have been (The Lewiston Sun Journal)

    • Don't give personal information over the phone (Social Security number, bank account, mother's maiden name) if the call wasn't initiated by you. • If it happens, definitely file a police report.
    2008-03-09 01:13:17

  • Some Seniors Victimized in Reverse Mortgage Boom (NPR)

    For many seniors who are house rich but cash poor, so-called reverse mortgages have offered an easy solution for a monthly income. But others have fallen victim to salespeople who use high-pressure sales pitches and unscrupulous tactics to sign them up for the mortgages.
    2008-03-09 03:45:50

  • In Contra Costa, evictions becoming common

    San Francisco Gate - ... Costa County, rapped loudly on the front door of a one-story prefabricated home ... outside to reclaim the house, which had reverted to the lender, Option One Mortgage ... That, combined with adjustable mortgages resetting to higher rates, is a breeding ...
    2008-03-09 10:42:00

  • Countrywide fears on loans rules

    BBC Business - I also want to strongly suggest that traditional guidelines be re-examined relative to the appraised value of a home versus the outstanding mortgage so that current borrowers can refinance at lower interest rates," he said.
    2008-03-07 09:02:00

  • RENT VS. BUY

    Miami Herald - Right now, rents might seem cheaper than mortgage payments, but building equity in a home over time remains one of ... Look for a reliable mortgage that won't leave you cash-strapped if interest rates change.
    2008-03-09 12:15:00

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