Some states act to stop mortgage-rescue scammers (Belleville News-Democrat) For people about to lose their homes to foreclosure, the advertisements are like a lifeline: "WE BUY HOUSES FOR CA$H," or "Refinance Your Mortgage! And Receive a 7 Day Vacation."read
Analyst: Fed rate cut no rescue for mortgage biz (CNN Money) Says move provides some lender relief, but no halt to sinking home values. NEW YORK (AP) -- A Friedman Billings Ramsey analyst said Friday any benefit stocks of mortgage lenders
Predatory practices charged (Reg Req'd) An alleged predatory-lending scheme first disclosed in the Daily News more than four years ago is now the subject of a federal grand jury indictment.via
Arbitrators rule against state in veterans home construction suit A panel of three arbitrators has ruled against the state of Nevada in its battle over construction of the Southern Nevada Veterans Home.read more...
British Inflation Climbs on Oil Prices The Associated Press LONDON -- Soaring crude oil prices pushed inflation to record high levels in July, Britain's Office for National Statistics said Tuesday.read more...
RELO Offers Tips on When to Sell Your Home in a Hot Market RISMEDIA, June 17 + In the current hot real estate market, Pamela O'Connor, CEO and president of RELO offers some timely advice on when and how to sell your home:
“We are determined to assist borrowers who have the willingness and wherewithal to remain in their homes, but need a little help to do it.”
Countrywide Financial Corp., the nation’s largest mortgage lender, said Tuesday it will begin calling borrowers to offer refinancing or modifications on $16 billion in loans whose interest rate is set to adjust by the end of 2008.
Countrywide has been under fire since early July it has had difficulties with loan financing, its chief executive has been criticized for selling hundreds of millions of dollars in stock and it faces pressure from the government to help keep people from losing their homes.
More Technorati Tags via Yahoo:
posted by admin in Mortgages
This entry was posted
on Monday, October 22nd, 2007 at 4:23 am and is filed under Mortgages.
You can follow any responses to this entry through the comments RSS 2.0 feed.
You can leave a response, or trackback from your own site.
Leave a Reply