Mortgage and Financial News From 2008-2-18 Page 8

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  • Survey shows NZ businesses becoming slow payers (The New Zealand Herald)

    A new survey shows that as the economy has slowed bills are being paid more slowly, with government organisations the worst offenders.
    2008-02-18 05:50:01

  • For This Niche Industry, Foreclosures Bring a Boom (WallStreet Journal via Yahoo! Finance)

    As the mortgage-lending crisis spreads, business is booming firms specializing in "property preservation." Across the country, a web of handymen, contractors and inspectors are working to keep vacant homes free from burst pipes, vandals, rot and animals until they can be resold.
    2008-02-18 05:58:29

  • European stocks rise as investors snap up financials ahead of earnings

    CNBC - The broker said the bank's remaining exposure to risky mortgage debt was "shocking" and that further write-downs are on the way. Shares in Dutch consumer electronics giant Philips rose 2.5 percent. A report in Barron's flagged potential profits ...
    2008-02-18 10:20:00

  • The down-payment-poor are about to get squeezed

    Baltimore Sun - This is outrageous," said Steven Moore, a mortgage broker with 1st Solution Mortgage in Falls Church, Va. "On a loan of $300,000 and with a credit score of 675 -- which is not a bad score -- and a 75 percent loan-to-value ratio (25 percent down ...
    2008-02-17 10:53:00

  • Overpaying is freeing our mortgage chains

    This is Money - According to independent London mortgage broker Savills, someone with a £100,000 repayment mortgage at 5.5% over 25 years could save £31,186 in interest payments if they overpaid by £150 a month. They would also clear their mortgage more than ...
    2008-02-18 03:25:00

  • SAN JOSE MERCURY NEWS: Half measures failing to solve mortgage crisis

    Modesto Bee - Modesto school workers' personal data lifted (1203292541) Broker: 3 bids in for Diablo Grande (17) Second time around (16) Recovering addict calls adoption simple decision, but not easy one (13) 'Longest Walk II' marchers move for Mother Earth (13 ...
    2008-02-18 09:16:00

  • Should we wait for the house prices to fall?

    MyFinances.co.uk - ... not sure whether this will make getting a mortgage harder, and she is uncertain whether to wait until spring before buying. Drawing on years of experience, mortgage adviser Katie Tucker - technical manager at fee-free whole of market mortgage broker ...
    2008-02-18 08:40:00

  • First Mariner Bank

    Washington Business Journal - Sign-up Now for a Free Test Drive of a New Sales Prospecting and Leads subscription services. First Mariner files $15M lawsuit against Virginia mortgage broker [Baltimore] Housing slump leaves First Mariner in the red [Baltimore] Suit: First Mariner ...
    2008-02-18 06:53:00

  • MonitorClosely.com the Nations Leading Digital Surveillance Systems ...

    PR Inside - Errick Davis, Atlanta South, Savannah-Hilton Head, Fort Wayne IN Errick has a degree in business management from Morehouse College and has spent 13 years as a mortgage broker, 7 years as an accountant, and 7 years in construction management. Mike ...
    2008-02-18 01:19:00

  • Durbin Focuses On Foreclosure Problem During Visit To Central Illinois

    Week.com - ... says the government needs to do more by halting foreclosures and working out a deal with lenders over these adjustable rates. At six, meet this 67-year-old Bloomington grandma that's facing foreclosure. And, find out why she believes a mortgage broker ...
    2008-02-18 02:09:00

  • Equity share can help close gap for homebuyers

    North Bay Business Journal - This solution is called “equity sharing.” It involves finding a mortgage broker who is able to match a willing buyer with a willing investor when both are willing to agree to a formula for sharing future potential appreciation through mutual ...
    2008-02-18 10:20:00

  • East West Mortgage Company

    Washington Business Journal - With customer satisfaction and employee retention our top priorities, we survived the turbulent housing markets over the last 19 years to be named Broker Magazine's 7th largest mortgage broker. Through the years we've built strong relationships with ...
    2008-02-18 06:53:00

  • Jumbo mortgages: The best deals

    CNN Money - Consult a mortgage broker to help you mix and match. Better yet, see whether you can establish a relationship with your bank's private-banking department - that usually requires $1 million in assets, but the amount may be lowered for someone with big ...
    2008-02-18 09:37:00

  • Will late credit card payments hit my mortgage?

    MyFinances.co.uk - A reader is planning to buy a home, but is worried her partner's late credit card repayments will stand against them. Drawing on years of experience, mortgage adviser Katie Tucker - technical manager at fee-free whole of market mortgage broker ...
    2008-02-18 08:40:00

  • Sandler expected to shrink lender

    Financial Times - Ray Boulger, technical director of mortgage broker Charcol, estimated Northern Rock would lend about £2bn in the first half of 2008 – against almost £20bn of gross lending in the first half of last year. There is, however, a danger that anything ...
    2008-02-18 01:55:00

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