When You Borrow Against the House
What to consider when choosing between a second mortgage and a home equity line of credit.
via
U.S. mortgage applications slip (Reuters via Yahoo! UK & Ireland News) U.S. mortgage applications declined for the fourth straight week, as falling demand to refinance home loans outweighed a rise in applications to buy houses, an industry group said on Wednesday.read
He's the best golfer I've ever seen. Put your mortgage on Tiger to do a proper slam this year - GM (BBC News) "He's the best golfer I've ever seen. Put your mortgage on Tiger to do a proper slam this year" - GMread more...
Costly Work on Facility Spurs Ire read more...
Ahead of the Bell: Luminent Mortgage (AP via Yahoo! Finance) Luminent Mortgage Capital Inc. is the next troubled mortgage-related company to fall, a slew of analysts said in downgrading the San Francisco-based investment trust Monday and Tuesday.read more...
HBOS Chief Crosby to Step Down After Seven Years; Hornby Named Successor Jan. 5 -- HBOS Plc, the U.K.'s biggest mortgage provider, said Chief Executive Officer James Crosby is stepping down and will be succeeded by Chief Operating Officer Andy Hornby.read more...
Regulators Seize Mortgage Lender (NYTimes.com via Yahoo! Finance) IndyMac Bancorp, one of the country?s largest mortgage lenders, was a star in the subprime era.read more...