Mortgage and Financial News From 2008-2-22 Page 21
Previous Day: 2008-02-21
Return to the mortgage news archive home.
-
Calculating Software simultaneously compares 135 loans. (ThomasNet)
Suited for financial services industry, LoanSpread v4.6 displays results of loan comparisons on answer grid that can be configured with flexible ranges. Loan Summary feature lets users drill down into any of 135 loans being compared to see 13 relevant details. Facilitating loan comparison to help find appropriate loan-to-budget scenario, Windows-based calculator allows grid to be filled with ...
2008-02-21 06:25:34 -
Target 11 Investigates Local Water Rates (WPXI Pittsburgh)
Water rates have been going up for the past four years, but in the last year the Pittsburgh Water and Sewer Authority got an influx of money from a bond. So why didn't they use the money to lower bills?
2008-02-21 03:18:43 -
Program Offers Students Knowledge (R News)
Some high school students are using this winter break to learn how to compare DNA. These students are studying at the U of R Medical Center as part of the Rochester Scholars program.
2008-02-21 07:31:10 -
Democratic Debate in Austin, Tex. (New York Times)
The following is a transcript of the Democratic debate in Austin, Tex., sponsored by CNN and Univision, as provided by Federal News Service.
2008-02-21 10:03:49 -
How to Determine if it's Time to Refinance (The Bradford Era)
(ARA) - Who wouldn't enjoy a break on their monthly mortgage payment? On the other hand, how can you be sure the timing is right to refinance? Are the rates and the current mortgage market the best indicators?
2008-02-21 10:53:44 -
Changing the rules
Ottawa Sun - It should also come as no surprise that increasingly, immigrants are making their numbers felt in the housing market as they get settled and make the transition from renter to home owner. Invis, Canada's largest mortgage brokerage ...
2008-02-21 10:41:00 -
Middle aged women borrowing most for home improvements
Online.ie News - ... that are borrowing, and represents one quarter of loans given by one financial lender. GE Money said the surge of women in their 40s taking out home improvement loans was in addition to the thousands of people signing up for top-ups to their mortgage ...
2008-02-22 12:29:00 -
30-year mortgages push above 6 percent
Philadelphia Daily News - Freddie Mac, the mortgage company, reported yesterday that 30-year, fixed-rate mortgages averaged 6.04 percent this week, up ... A sustained rebound in home sales is not expected until the middle of the year after the number of homes for sale is ...
2008-02-21 11:53:00 -
Mortgage reforms beaten back
Portland Tribune - Ron Knox, who may lose his Lents home after taking out a subprime loan he couldn’t afford, had a different view. “They aren’t helping the people,” Knox said. “It sounds like the mortgage people have got to the committee down there and let ...
2008-02-21 11:53:00 -
Behind the Mess at UBS
BusinessWeek - True, part of that balance sheet expansion consisted of less risky loans to hedge funds and home mortgage lending. Still, UBS continued to hold large positions in mortgage-backed securities until well after the market collapsed in mid-2007.
2008-02-20 03:54:00 -
Mortgage Plan Seeks To Stem Foreclosures
Washington Post - If the borrower eventually sells the home, the FHA mortgage would be paid off first. Remaining cash would be applied to paying off the value of that certificate.
2008-02-20 09:17:00 -
How A Utah Couple Was Kicked Out Of Their Home By Mortgage "Helper"
KUTV - SALT LAKE CITY - A lot of people sign important documents without really reading them, but for an elderly Utah couple that oversight cost them their home. Emery and June Mitton were visited recently by the owner of a company called " Residential ...
2008-02-21 09:30:00 -
Lenders Fighting Mortgage Rewrite
Washington Post - This restriction was adopted in the 1970s to encourage banks to provide mortgages to new home buyers. The Democrats and their allies see the plan as an antidote to the recent mortgage crisis, especially among low-income borrowers with subprime loans.
2008-02-21 09:30:00 -
K. Hovnanian Building its First Active Adult Community in Arizona (PRWeb)
K. Hovnanian announces start of sales at its first active adult community in Arizona. K. Hovnanian's Four Seasons® Rancho del Lago is located in the Tucson area amidst scenic mountain views, golf and recreational amenities. (PRWeb Feb 22, 2008) Read the full story at http://www.prweb.com/releases/activeadult/arizonagolf/prweb716354.htm
2008-02-22 12:38:01 -
Rescues for Homeowners in Debt Weighed (NYTimes.com via Yahoo! Finance)
With the collapse of the housing boom, the government is considering proposals to rescue the nearly 8.8 million homeowners, or 10.3 percent of the total, who are underwater.
2008-02-22 12:39:58