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Archive for August, 2007

Credit's Crunch Harder on Some – Wall Street Journal

by @ Friday, August 31st, 2007. Filed under Loans

WRAL.com

Credit's Crunch Harder on SomeWall Street Journal -30 minutes agoMortgage lenders, finding they can no longer sell off many types of loans now deemed too risky by nervous investors, have grown far more cautious over the …My view: Todd Donley You can bank on reputable lendersIndianapolis StarGetting Mortgage In Tight MarketCBS NewsSub-prime borrowers not aloneLos Angeles [...]

Art Loans Get Hung Up – Wall Street Journal

by @ Friday, August 31st, 2007. Filed under Loans

Art Loans Get Hung UpWall Street Journal -30 minutes agoBy LAUREN AE SCHUKER The credit crunch shaking up Wall Street is now hitting the big-money world of art-backed loans. For years, art loans — ones with a …

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Financially savvy pay off their mortgages early – Seattle Post Intelligencer

by @ Friday, August 31st, 2007. Filed under Mortgages

Financially savvy pay off their mortgages earlySeattle Post Intelligencer -16 minutes agoBy MICHELLE SINGLETARY AFRICAN-AMERICANS are often the target of financial pitchmen trying to convince them that they should never pay off their mortgages. …

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Bush offers help to troubled homeowners – CNNMoney.com

by @ Friday, August 31st, 2007. Filed under Loans

Aljazeera.net

Bush offers help to troubled homeownersCNNMoney.com -7 hours agoForeclosure rates have soared over the past year as homeowners struggle to pay off loans that have become more expensive as they mature. …Bush promises help for homeowners, but not lendersInman.com (subscription)Subprime lending crisis Help with the mortgageEconomistBush administration to unveil policies aimed at easing mortgage …ForbesScripps [...]

SC dodges mortgage mess – The State

by @ Friday, August 31st, 2007. Filed under Mortgages

Ottawa Citizen

SC dodges mortgage messThe State, SC -24 minutes ago“There’s no two ways about it; 103 mortgage companies have gone out of business,” he said. Though nationally that caused more mortgages to fall through, …Gramlich Urges Loan Protection to Avoid More Bubbles (Update1)BloombergCrisis in CreditReutersUS economy strong despite subprime problems, Bush saysCBC ManitobaBloomberg - MarketWatchall 59 news articles

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Bush Will Let FHA Refinance Mortgages In Default To Aid Struggling … – CNNMoney.com

by @ Friday, August 31st, 2007. Filed under Mortgages

Bush Will Let FHA Refinance Mortgages In Default To Aid Struggling …CNNMoney.com -14 minutes agoThe president's primary initiative for helping homeowners with mortgage payments they can't afford is to expand the Federal Housing Administration. …

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Bush Pledges FHA Help for Subprime Mortgage Borrowers (Update5) – Bloomberg

by @ Friday, August 31st, 2007. Filed under Mortgages

Edmonton Journal

Bush Pledges FHA Help for Subprime Mortgage Borrowers (Update5)Bloomberg -2 hours ago31 (Bloomberg) — President George W. Bush today pledged to help people who have fallen behind in their mortgages keep their homes and to tighten safeguards …Bush proposes modest help for US homeowners with risky mortgagesThe Canadian PressBush Outlines Aid for Mortgage HoldersForbesBush [...]

US aims to tackle mortgage crisis – Aljazeera.net

by @ Friday, August 31st, 2007. Filed under Mortgages

Aljazeera.net

US aims to tackle mortgage crisisAljazeera.net, Qatar -16 minutes agoThe US president has tried to calm financial market instability by announcing proposals to help prevent homeowners from defaulting on risky mortgages. …

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Are Medical Loans the New Subprime Mortgages? – Wired News

by @ Friday, August 31st, 2007. Filed under Loans

KCBS

Are Medical Loans the New Subprime Mortgages?Wired News -1 hour agoZero-interest loans for medical procedures are being offered to millions of patients seeking treatments that aren't covered by insurance (or who don't have …Patients Increasingly Arrange Interest-Free Loans for Services …Kaiser network.orgall 4 news articles

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Mortgage incentives are offered to workers in public service – Providence Journal (subscription)

by @ Friday, August 31st, 2007. Filed under Mortgages

Washington Post

Mortgage incentives are offered to workers in public serviceProvidence Journal (subscription), RI -1 hour agoFor instance, borrowers in these occupations with poor credit and limited documentation of their income can qualify for mortgages more easily than similar …Jumbo mortgage troubles push ARM rates higherReutersSubprime Mortgage Woes SpreadingThe Associated PressSub-prime borrowers not aloneLos Angeles TimesMSNBC - The Virginian-Pilotall [...]

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