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Bush's tax-simplification plan pushed back (Reg Req'd) A White House commission that's supposed to recommend ways to make income taxes fairer and simpler has been given another extension to finish its work.read more...
Banco Halifax Hispania launches switch and save mortgage campaign (Banking Business Review) Banco Halifax Hispania has launched a new switch and save campaign, which will enable British customers with property in Spain to transfer their mortgage to Banco Halifax Hispania free of
Six Ways You Can Make Your House More Affordable Many homeowners who used adjustable-rate mortgages to buy homes they couldn't afford with traditional 30-year fixed-rate mortgages are feeling the pinch. Some tips on how to cope.read more...
Ahead of the Bell: Mortgage Market (AP via Yahoo! Finance) A U.S. House committee hosts a hearing Tuesday on subprime and predatory mortgage lending trends, following recent turmoil in the mortgage arena.read more...
U.S. Mortgage Lenders Rise on PHH Sale, Takeover Speculation (Bloomberg.com) March 15 (Bloomberg) -- Shares of U.S. mortgage companies rose after buyout firm Blackstone Group LP agreed to buy PHH Corp.'s home-lending business and Bear Stearns Cos. said it's interested
Benefits to you: Proceeds are tax-free No monthly mortgage payments required Use the cash any way you choose Continue to own your home No income or credit qualifications Marc Pisa, CSA Reverse Mortgage Specialist Local resident Supplement retirement income with Tax-Free Cash Example: Age 70 Home Value: $300,000 Reverse Mortgage Proceeds: $1,071 PER MONTH FOR LIFE If you are a homeowner 62 years
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