Mortgage and Financial News From 2007-9-11 Page 5

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  • 'True Credit,' Wrong Scores

    WREG - But when his mortgage broker/lender pulled his credit scores DIRECTLY FROM THE THREE CREDIT BUREAUS, this is what came back: 545-565-690. The difference in scores cost Moscon two home loans. He says his lender told him the scores from truecredit.com ...
    2007-09-11 04:39:00

  • Mortgage brokers say 57% of customers couldn't refi

    Reuters - NEW YORK, Sept 11 (Reuters) - Some 57 percent of mortgage broker customers with adjustable-rate loans were unable to refinance into a new loan to avoid higher monthly payments in August, a national survey reported on Tuesday. The poll of 1,744 ...
    2007-09-11 01:54:00

  • Fall in home loans points to mortgage market slowdown

    The Independent - Three-month LIBOR – the rate at which banks lend to each other – remains close to nine-year highs of almost 7 per cent. David Hollingworth, of mortgage broker London & Country, said rates on some tracker mortgages were edging up as a result, but ...
    2007-09-11 04:39:00

  • Fall in home loans points to mortgage market slowdown (Independent)

    Further evidence of a slowdown in the UK mortgage market emerged as the Council of Mortgage Lenders (CML) revealed a 9 per cent fall in the number of home loans taken out in July.
    2007-09-11 04:16:43

  • Bin Laden Weighs in on Global Warming and a Flat Tax

    Minneapolis Star Tribune - Of course he’s still got advice on Iraq. (He laments that Americans haven’t yet gotten tangible results from the anti ... He laments America’s current mortgage crisis, globalization and our “insane taxes.” You heard that right, conservatives ...
    2007-09-11 07:35:00

  • Mark Steel: What next from Osama? A range of health products?

    Belfast Telegraph - ... valued last week and it's doubled already so we don't know whether to hold tight in case there's a crash or re-mortgage and get the hand-held rocket launcher Brian's always fancied." Or is he after a financial column, which will give advice ...
    2007-09-11 06:23:00

  • The Apple Doesn't Fall far From the Money Tree

    FOX News - ... as no surprise that both Boomers and Echoes currently spend most of their income on housing, either in the form of a mortgage ... say they look to those in the Boomer generation for clues on what to buy, only one in five Boomers seeks out the advice of ...
    2007-09-11 09:58:00

  • How to choose a banker

    Globe and Mail - Jason Safar has a bit of advice for those planning on launching a small business: All banks are not created equal, he says ... be things, now or in future, like an operating line of credit, loans for capital improvements or maybe a commercial mortgage ...
    2007-09-11 06:52:00

  • Investor Beware When Schoolyard Bully Grows Up: Susan Antilla

    Bloomberg - The broker's advice that the Kelleways invest in ``just two securities,'' Annaly Mortgage Management Inc. and Impac Mortgage Holdings Inc., cost them $121,929, according to a complaint they filed with the Financial Industry Regulatory Authority, or ...
    2007-09-11 01:08:00

  • Fannie Mae Announces 5-Year Reopening Benchmark Notes(R) Auction

    MSN MoneyCentral - Fannie Mae has a federal charter and operates in America's secondary mortgage market to ensure that mortgage bankers and ... Nothing in this press release constitutes advice on the merits of buying or selling a particular investment. Any ...
    2007-09-11 12:21:00

  • TheStreet.com TV Recap: Seasonal Tech Rally Kicking

    Street.Com - ... tech rally that goes right to the end of the year is so alive that I urge people who are frightened by any of the mortgage ... While he cannot provide personalized investment advice or recommendations, he invites you to send comments on his column by ...
    2007-09-11 02:02:00

  • Iowa launches program to slow mortgage foreclosures

    Quad Cities Onlines - ... it is driven by the principle that borrowers, lenders, investors, and mortgage servicing companies all have an interest in avoiding foreclosure. 'We are appealing to everyone's enlightened self-interest,' Miller said. Heidi King said her advice to ...
    2007-09-11 04:25:00

  • Britons seeking debt advice hits a record

    Daily Telegraph - The ease with which credit can be obtained helped drive the number of people using the CAB for financial advice up 20pc to 1.7m last year. Mortgage related enquiries rose 11pc, overdraft worries rose 14pc and bankruptcy problems increased by 50pc ...
    2007-09-11 04:10:00

  • People seeking debt advice hit record levels (AFP via Yahoo! News)

    The number of people seeking assistance on how to manage their debts has hit record levels, a charity warned Monday.
    2007-09-11 02:25:48

  • Record debtors seeking advice (Channel 4)

    A record number of people went to Citizens Advice Bureaux (CAB) for help with unmanageable debts during the past year, the charity has said. The group saw a 20% increase in people contacting it because they were struggling with their borrowings, handling a total of 1.7 million cases during 2006/07.
    2007-09-11 02:47:11

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