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Can lender foreclose on half a house? Chicago Tribune Ilyce Glink & Samuel Tamkin Bio | E-mail | Recent columns The lender just reapproved me for a loan modification but the modification would require half of my income to make the loan payments. With those payments, I wouldn't have any money for my ... See all stories on this topic » | ||
Calif lawmakers prepare to advance mortgage bills San Jose Mercury News SACRAMENTO -- Democrats in the Legislature are preparing to advance bills in the coming days that are designed to limit the runaround some homeowners have experienced with lenders and to allow them to sue under some circumstances. See all stories on this topic » | ||
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Lenders providing details of their efforts on arrears Irish Independent MORTGAGE lenders have begun to give the Central Bank information about how they are helping home owners in arrears. The bank has asked for the information after a report by Black Rock said mortgage lenders needed to make significant improvements in the ... See all stories on this topic » | ||
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Mortgage rates are going up AND down... so is it a good time to fix? Mirror.co.uk OVER the past few months some lenders have been raising mortgage rates... while others have been CUTTING them. So it's little wonder homebuyers and those looking to remortgage don't know which way to turn. The Bank of England left base rates at 0.5 per ... See all stories on this topic » | ||
Walker & Dunlop Buying CWCapital for $220M, Rank Among Top CRE Lenders CoStar Group By Tim Trainor Bethesda, MD-based commercial mortgage company Walker & Dunlop Inc. is buying fellow lender CWCapital LLC from an affiliate of Fortress Investment Group for $220 million in cash and stock. The combination is expected to create one of the ... See all stories on this topic » | ||
Homebuyers need to steer clear of FICO-score potholes The Seattle Times Experts in the credit-reporting field say that despite FICO's good intentions, bad things can happen on inquiries — requests by lenders and others to pull your national credit-bureau reports. By Kenneth R. Harney No comments have been posted to this ... See all stories on this topic » | ||
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Spain Seeks EU's Fourth Bailout With $125 Billion Request BusinessWeek Just seven months after winning a landslide victory, Prime Minister Mariano Rajoy was forced to abandon his bid to recapitalize Spanish banks without recourse to external help as a deepening recession forced lenders to recognize spiraling losses. See all stories on this topic » | ||
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New Jersey Supreme Court Clarifies Foreclosure Paperwork Requirements for Lenders DigitalJournal.com (press release) This landmark case involved homeowners from East Orange who accused their lender of not supplying enough information when it began foreclosure on their house in 2008. On the paperwork, only the name of the servicer that collected the monthly payments ... See all stories on this topic » | ||
The plain facts about the Government's NewBuy scheme Yorkshire Post It is an initiative whereby lenders and the government underwrite a mortgage but it is subject to the following criteria: This doesn't mean every new build and every mortgage provider is available to you. It only applies to those developers and ... See all stories on this topic » | ||
Private Equity Real Estate Investment Firm, Cohen Asset Management, Inc., and ... San Francisco Chronicle (press release) The lender is a major US life insurance company that has been a lender on previous loans in our portfolio of industrial real estate assets. Both properties are 100% leased with tenants that have been operating at the buildings for many years," stated ... See all stories on this topic » | ||
New register will track personal credit histories for first time Irish Independent Banks and other lenders will be obliged to run credit checks on anybody trying to borrow more than €2000. The new register has to be set up by the end of September as part of the memorandum of understanding that accompanied the bailout. See all stories on this topic » | ||
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Low home appraisals hold down area values Minneapolis Star Tribune Rules issued in the wake of the housing crisis have put appraisal work under closer scrutiny from lenders. Not only do appraisals require more documentation, there are also fewer comparable sales to support higher prices. Foreclosures have made the ... See all stories on this topic » | ||
Anchors Aweigh [RMA Journal, The] Insurance News Net (press release) By Suderman, Lauren The marine transportation industry1 in the Gulf of Mexico presents many unique issues for lenders. But while the industry can be extremely lucrative, it can also crash- seemingly overnight. Lenders must consider many special issues ... See all stories on this topic » | ||
For distressed homeowners, short sales on the rise STLtoday.com "Lenders are approving more aggressively-priced short sales, which in turn is resulting in more successful short sale transactions," said Brandon Moore, chief executive officer of RealtyTrac . Short sales sales equal 11 percent of all sales in in St. See all stories on this topic » | ||
State Senate Passes Bill to Reduce Foreclosures Patch.com The bill requires banks and other lenders to offer loan modifications to borrowers in certain circumstances to avoid foreclosures. Lenders must conduct a complete financial analysis of the borrower and determine if it would be more beneficial to ... See all stories on this topic » | ||
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Occupy LA protestors rally at Calderon's Montebello office, urge homeowners ... San Gabriel Valley Tribune It would prevent foreclosures while homeowners go through the loan modification process with their lenders. It also calls for homeowners to have a single point of contact with their lenders, instead of being shuffled around. See all stories on this topic » | ||
Banks divide on interest rate cut Hume Weekly Rate cuts not aimed at shoring up house prices: RBA Westpac's variable lending rate will drop 20 basis points rather than the 25 basis-point cut made by the Reserve Bank on Tuesday. The bank's lending rate will fall to 6.89 per cent, effective from ... See all stories on this topic » | ||
Bendigo Bank cuts mortgage rates Ninemsn The regional lender on Saturday said it will cut its standard variable rate (SVR) on home loans by 20 basis points to 6.90 per cent, effective from June 25. "Our bank needs to take into account a wide range of factors and carefully consider its ... See all stories on this topic » | ||
Occupy LA protesters rally at Calderon's Montebello office, urge homeowners ... San Gabriel Valley Tribune Ron Calderon, D-Montebello, to sign off on a bill that would give protections to homeowners to prevent foreclosures while they go through a loan modification process with their lenders. The bill also calls for a single point of contact for lenders and ... See all stories on this topic » | ||
Walker & Dunlop buying CWCapital in $220M deal BusinessWeek Commercial mortgage company Walker & Dunlop Inc. is buying lender CWCapital LLC in a cash-and-stock deal valued at $220 million, which will create one of the largest US commercial real estate lenders. Walker & Dunlop said Friday that it will pay $80 ... See all stories on this topic » | ||
Beware of irrational exuberance when buying a home NewsOK.com A lender tells homebuyers they're entitled to borrow more than they expected. Keith Gumbinger, a vice president with HSH Associates, a mortgage-publishing firm, said that even now, with stringent lending standards, some homebuyers can borrow more than ... See all stories on this topic » | ||
Area home sales rise as loan rates fall Milwaukee Journal Sentinel Record-low mortgage rates, along with pent-up demand and reduced prices, are helping to kick-start the residential real estate market in metro Milwaukee and Wisconsin, home lenders and real estate agents say. Year-to-date home sales through April were ... See all stories on this topic » | ||
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Spain aid request awaited, IMF says banks need $46 bn Business Standard He said June 7 he won't take any decisions about how to shore up lenders until seeing the results of the IMF analysis and similar tests by two international consultants due this month. Deputy Prime Minister Soraya Saenz de Santamaria declined to ... See all stories on this topic » | ||
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Spain bailout request may be near Philadelphia Inquirer Spain is preparing to become the fourth eurozone nation to seek emergency assistance as the currency bloc's finance chiefs plan weekend talks on potential aid to shore up the nation's lenders. European Central Bank Vice President Vitor Constancio said ... See all stories on this topic » | ||
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China's May Export Growth Tops Estimates as US, EU Rebound Bloomberg The interest-rate move -- a 25 basis-point reduction in benchmark one-year lending and deposit rates -- was combined with an increase in the leeway for lenders to set rates at variance with the official benchmark. The one-year lending rate is 6.31 ... See all stories on this topic » | ||
With record low rates, it is time to refi? Las Vegas Review-Journal The benchmark 30-year fixed-rate mortgage fell to 3.92 percent from 3.94 percent last week, according to the Bankrate.com national survey of large lenders. The mortgages in this week's survey had an average total of 0.42 discount and origination points ... See all stories on this topic » | ||
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Airmen participate in finance town hall Rapid City Journal For Ellsworth Airmen, the power they received during a recent briefing will help them to be more aware of the dangers of predatory lending organizations and a variety of similar financial pitfalls. Holly Petraeus, the Consumer Financial Protection ... See all stories on this topic » | ||
Devils win the coup New York Post The deal, if actually completed, will bring more than enough money to pay the $77 million owed to lenders on July 1. In return for the cash, the investor would own a majority of the Eastern Conference Champions while Vanderbeek would maintain operating ... See all stories on this topic » | ||
Spain goes from boom to bailout in a decade Fox News The country's then-muscular economy, the fourth-largest in the eurozone, rode out the 2008 financial crisis as its main lenders — and savings banks called cajas — were widely viewed by investors as sound. FROM BOOM TO BUST — Unemployment started ... See all stories on this topic » |
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Portugal bailout on track: international lenders - MarketWatch FRANKFURT (MarketWatch) -- Portugal's bailout program remains on track, the country's troika of international lenders -- the European Commission, European ... articles.marketwatch.com/.../32014096_1_portugal-bailout-pr... | ||
MI Student Aid - Lenders, Servicers and Schools Although no new loans are available to student loan borrowers through the Federal Family Education Loan Program, the. Michigan Guaranty Agency continues ... www.michigan.gov/.../0,4636,7-128-60970_61104---,00.html | ||
Treasure Coast mortgage lenders encouraging short sales rather ... Rather than complete a lengthy foreclosure process, mortgage lenders are urging their distressed customers more and more into short sales. www.tcpalm.com/.../treasure-coast-mortgage-lenders-encourag... | ||
Lenders Try to Catch Borrowers' 'White Lies' | Realtor Magazine With lending standards extra stringent, some borrowers applying for a mortgage may be tempted to bend the truth slightly so that they can qualify for a mortgage. realtormag.realtor.org/.../lenders-try-catch-borrowers-white-lie... |
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