Mortgage and Financial News From 2007-12-15 Page 3
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What to do when your mortgage is underwater and you can't pay
Marketwatch - What do I do when I owe a $450,000 first mortgage, a second at $115,000 and new houses he same as mine are selling for $500,000 ... So my advice is to get on the horn right now with your lender. Make sure you talk to the workout department, though, not the ...
2007-12-12 03:59:00 -
National mortgage crisis ensnares Iraq war vet
Seattle Post Intelligencer - ... to 2007, Barton, 34, his wife, Sarah, their two young sons and a third child on the way became caught in the subprime mortgage ... Barton says he wants no special favors, just some good advice from anyone out there. "I'm not looking for the George-Bailey ...
2007-12-13 03:58:00 -
Figure out if you can afford two mortgages
Omaha World-Herald - ... heads about how to do so in today's slower housing market, real estate professionals and financial planners have some advice ... Michael James, a certified financial planner at Waddell & Reed, said some lenders don't require that the first mortgage be ...
2007-12-15 06:47:00 -
Work top down on charity giving
St. Petersburg Times - Keep in mind that your mortgage payment won't just disappear: You still will be responsible for paying insurance and taxes. My grandson works for a firm that has a 401(k) into which he deposits 6 percent and the firm 41/2 percent. He is making ...
2007-12-15 12:35:00 -
IRS may be looking for you -- with a refund
Seattle Post Intelligencer - The 2007 tax year offers a new deduction, for mortgage insurance premiums. Don't confuse that with homeowner's insurance to protect against fire or theft. Instead, that is insurance that protects a lender against financial loss if a homeowner ...
2007-12-13 03:58:00 -
Rock bottom: Branson has no banking licence
Guardian Unlimited - The battle to sell stricken mortgage bank Northern Rock hit huge new difficulties this weekend when it emerged that favoured ... Virgin Money offers financial services such as life insurance in partnership with the Royal Bank of Scotland, and credit ...
2007-12-15 04:17:00 -
Talk of the Bay: Polo Ralph Lauren says bye to Stein Mart
St. Petersburg Times - Investments are a huge part of the insurance industry, so when several large life and health insurers revealed exposure to mortgage-linked assets in their third-quarter earnings, ratings service A.M. Best took notice. Its postinspection verdict ...
2007-12-15 12:35:00 -
News Minute: Snow falls over Midwest...Former Harding bodyguard dies ...
WDAM-TV - The Latest in House and Home House & Home Main Today's Mortgage Rates In the Know Movie Listings Personal Finance This Week in Money Money Home For Small Businesses Credit and Debt Insurance Center Real ... Associated Press - December 15, 2007 9:03 PM ET ...
2007-12-15 03:41:00 -
County employees' union could affect local elections
St. Petersburg Times - Despite what the Florida Legislature said, the homeowners insurance crisis is still unsolved. Property taxes are too high because the real estate, building and mortgage industries were too busy making money three years ago to worry about not ...
2007-12-15 06:33:00 -
Basel delay 'helping US banks' (Gulf Daily News)
WASHINGTON: Big US banks are in a better position to weather the subprime mortgage meltdown with reserves bolstered by a delay in implementing new international capital standards, Federal Deposit Insurance Corporation chief Sheila Bair said.
2007-12-15 06:13:38 -
Shady lenders will get hit by the Fed
WOAI - WASHINGTON (AP) - On Tuesday the Central Bank will purpose rules to protect mortgage borrowers from shady lenders. The new rules would apply to loans made by all types of lenders, including banks and brokers. The plan from the Fed could be finalized ...
2007-12-15 03:41:00 -
Fed to crack down on shady lenders (CNN Money)
Central bank will propose rules on Tuesday to protect mortgage borrowers from banks and brokers.
2007-12-15 09:15:20 -
Shady lenders will get hit by the Fed (WSYR 9 Syracuse)
On Tuesday the Central Bank will purpose rules to protect mortgage borrowers from shady lenders.
2007-12-15 03:46:50 -
Shady lenders will get hit by the Fed (WOAI)
WASHINGTON (AP) - On Tuesday the Central Bank will purpose rules to protect mortgage borrowers from shady lenders. The new rules would apply to loans made by all types of lenders, including banks and brokers. The plan from the Fed could be finalized next year.
2007-12-15 04:02:31 -
Canada's Dollar Declines a Sixth Week as Inflation Accelerates
Bloomberg - Dec. 15 (Bloomberg) -- Canada's dollar declined for a sixth consecutive week as accelerating inflation in the U.S. prompted investors to reduce expectations for interest-rate cuts in the nation's largest trading partner. The currency dropped 1.2 ...
2007-12-15 06:30:00