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Credit counseling firm making payments late - Los Angeles Times
Dear Liz: I have been in a credit counseling debt-repayment plan for the last four years. The money for my debt is automatically transferred from my bank account to the agency, which is supposed to pay my credit cards. The problem is that the agency

Macquarie admits to contract errors - News.com.au
MACQUARIE Bank is hoping it can grab thousands of dollars from up to 1000 borrowers set to refinance their home loans with rival lenders. In an embarrassing move, Macquarie’s mortgage arm has told borrowers that “errors” were made in the wording of

Housing slump hits New England’s 2- and 3-family market hard - Boston Globe
LOWELL, Mass. When Osman and Rose Bangura bought a two-family home three years ago at the peak of a housing boom, they saw a good investment in the $400,000 colonial, just a quarter-mile from the Merrimack River and the renovated 19th century

Ahead of the Bell: Mortgage Applications - CNBC
WASHINGTON - Industry data to be released Wednesday will show whether home loan applications rose last week as borrowers took advantage of a slight dip in interest rates. The Mortgage Bankers Association is scheduled to report its index of mortgage

Ahead of the Bell: Mortgage Applications - CNBC
WASHINGTON - Industry data to be released Wednesday will show whether home loan applications rose last week as borrowers took advantage of a slight dip in interest rates. The Mortgage Bankers Association is scheduled to report its index of mortgage

Find a mortgage lender you can count on - Herald News
Given all the turmoil in the nation s mortgage markets, homebuyers must now search widely to find a dependable lender who s also offering the best available rates. In recent months, the mortgage industry has changed so dramatically that you

Mortgage applications down 4.6% last week: MBA - Marketwatch
CHICAGO (MarketWatch) — Mortgage applications fell a seasonally adjusted 4.6% last week due to a drop in refinancing activity, the Mortgage Bankers Association said Wednesday. Refinance applications decreased 8.9% during the week ended May 23

Credit counseling firm making payments late - Los Angeles Times
Dear Liz: I have been in a credit counseling debt-repayment plan for the last four years. The money for my debt is automatically transferred from my bank account to the agency, which is supposed to pay my credit cards. The problem is that the agency

Pimco’s Auction-Rate Holders Fail to Get Satisfaction (Update1) - Bloomberg
May 30 (Bloomberg) — David Chandler is tired of waiting for Pacific Investment Management Co. to decide whether to help investors trapped by the collapse of the $330 billion auction- rate securities market. The retired commodities trader and lawyer

‘Each week it’s harder’ - Baltimore Sun
Home buying and refinancing are good for mortgage brokers, who match borrowers with loans. Less buying and refinancing is bad. A 2 1/2 year housing slump paired with increasingly restrictive borrowing rules and a shift to lenders handling more of

Houma-Thibodaux s housing market best in nation - Houma Courier
THIBODAUX — An already skyrocketing local housing bubble continued expanding from January through March, giving the area the highest home-value spike in the nation during the past year, a new federal report shows.

A mileage mess with my mortgage - CNN
(Tribune Media Services) — Northwest Airlines promises Dave Herstad 18,375 frequent flier miles when he applies for his mortgage. He gets the loan, but not the miles. After several rounds of finger-pointing between supervisors at Northwest, Lending

Ahead of the Bell: Mortgage Applications - CNBC
WASHINGTON (AP) - Industry data to be released Wednesday will show whether home loan applications rose last week as borrowers took advantage of a slight dip in interest rates. The Mortgage Bankers Association is scheduled to report its index of

Mortgage applications down 4.6% last week: MBA - Marketwatch
CHICAGO (MarketWatch) — Mortgage applications fell a seasonally adjusted 4.6% last week due to a drop in refinancing activity, the Mortgage Bankers Association said Wednesday. Refinance applications decreased 8.9% during the week ended May 23

Mortgage applications down in week - United Press International
WASHINGTON, May 28 (UPI) — The volume of applications for U.S. mortgages decreased last week, falling a seasonally adjusted 4.6 percent over a week earlier, an industry group said. The Market Composite Index, which measures mortgage loan application

Macquarie admits to contract errors - News.com.au
MACQUARIE Bank is hoping it can grab thousands of dollars from up to 1000 borrowers set to refinance their home loans with rival lenders. In an embarrassing move, Macquarie’s mortgage arm has told borrowers that “errors” were made in the wording of

Stock Broking - Chicago Tribune
European stock markets edged higher Monday and key Asian markets fell amid worries about high oil prices and the U.S. economy on a day when the U.S. and British markets were closed for a holiday. Key stock market indicators edged up in Germany and

‘Each week it’s harder’ - Baltimore Sun
Home buying and refinancing are good for mortgage brokers, who match borrowers with loans. Less buying and refinancing is bad. A 2 1/2 year housing slump paired with increasingly restrictive borrowing rules and a shift to lenders handling more of

Profile of a (maybe) recession - Christian Science Monitor
This feature requires a newer version of Macromedia Flash Player and javascript-enabled browser. Reporter Mark Trumbull discusses the difficulties in assessing a recession. Optimism has grown this month that the United States may escape a recession

‘Foreclosure tourism’ is a ticket to opportunity - Christian Science Monitor
This feature requires a newer version of Macromedia Flash Player and javascript-enabled browser. Contributor Wendy Hoke talks about the increase in home foreclosures in the United States. Solon, Ohio - Down tree-canopied Cromwell Drive an entry

A mileage mess with my mortgage - CNN
(Tribune Media Services) — Northwest Airlines promises Dave Herstad 18,375 frequent flier miles when he applies for his mortgage. He gets the loan, but not the miles. After several rounds of finger-pointing between supervisors at Northwest, Lending

Senate panel OKs homeowner rescue - Associated Press
WASHINGTON (AP) — Profits from government-sponsored mortgage giants Fannie Mae and Freddie Mac, instead of taxpayers, would back up a home loan rescue for up to 500,000 strapped borrowers under a plan approved by a key Senate committee Tuesday to

Great Mortgage Rates in Magazine - Colleyville Courier
Get 4 refinance mortgage offers from Magazine brokers. Get daily mortgage and real estate news by subscribing to our RSS/XML news feed. Easy subscription with bloglines. As a commercial mortgage lender, we recognized the need for this knowledge

‘Each week it’s harder’ - Baltimore Sun
Home buying and refinancing are good for mortgage brokers, who match borrowers with loans. Less buying and refinancing is bad. A 2 1/2 year housing slump paired with increasingly restrictive borrowing rules and a shift to lenders handling more of

Reality hits home - Herald-Mail
Rows of homes line Brynwood Street in Hagerstown’s Kensington Villas. The value of many homes there has plummeted. (Yvette May/Staff Photographer) WASHINGTON COUNTY - Geographically, the large duplexes going up behind Hagerstown’s old Pangborn

Bank rates - Detroit Free Press
Major Michigan financial institutions were surveyed last week to determine the interest rates they charge for loans, and APYs they pay for savings deposits. Rates were quoted as of Friday. APYs on deposit accounts are based on the minimum amount to

Mortgage repossessions: how to hang on to your home - Daily Telegraph
As the credit crunch deepens, the number of families at risk of losing their homes is rising dramatically. In the first three months of this year, mortgage lenders issued more than 27,000 repossession orders (the last legal stage before they can take

Home calendar - Detroit Free Press
Rehab/Renovation Seminar: Learn about new programs for financing a foreclosed home that needs major and minor renovations/remodeling 9-11 a.m. Fri. at 309 S. Court St. in Lapeer. Free. Call Mike Manchester at 810-667-8424 to register. Home Buying

How does a home equity line of credit work? - Louisville Courier-Journal
A: The value in your home above your mortgage is the equity — the amount you own outright. You can pledge some of that equity as collateral for a credit line, or loan, that you draw on when expenses arise. Additionally, you can probably deduct the

How does a home equity line of credit work? - Louisville Courier-Journal
A: The value in your home above your mortgage is the equity — the amount you own outright. You can pledge some of that equity as collateral for a credit line, or loan, that you draw on when expenses arise. Additionally, you can probably deduct the

Bank rates - Detroit Free Press
Major Michigan financial institutions were surveyed last week to determine the interest rates they charge for loans, and APYs they pay for savings deposits. Rates were quoted as of Friday. APYs on deposit accounts are based on the minimum amount to

Boston Properties says it will buy GM Building - Forbes
CHICAGO (Reuters) - Boston Properties Inc (nyse: BXP - news - people ) said Saturday it reached a deal to buy the General Motors (nyse: GM - news - people ) Building in Manhattan, along with three other buildings, from New York developer Harry

ON THIS DAY - Hounslow Guardian
Two Labour MPs have drawn criticism after using expenses to help pay for a second home despite living only 30 minutes from Parliament. Health Minister Ann Keen, MP for Brentford and Isleworth, and her husband, Alan Keen, who represents Feltham and

Home calendar - Detroit Free Press
Rehab/Renovation Seminar: Learn about new programs for financing a foreclosed home that needs major and minor renovations/remodeling 9-11 a.m. Fri. at 309 S. Court St. in Lapeer. Free. Call Mike Manchester at 810-667-8424 to register. Home Buying

Great Mortgage Rates in Magazine - Colleyville Courier
Get 4 refinance mortgage offers from Magazine brokers. Get daily mortgage and real estate news by subscribing to our RSS/XML news feed. Easy subscription with bloglines. As a commercial mortgage lender, we recognized the need for this knowledge

Surge in foreclosures nationwide suggests long-lived housing crisis - News-Leader.com
In a sign that the mortgage collapse is getting worse, not better, foreclosure filings surged 65 percent in April from April 2007, leading some analysts to warn that the crisis might not end before 2010. One in every 519 households received a

Don’t count on lender to extend interest-only mortgage - St. Petersburg Times
Story Tools Q: My mortgage terms allow me to pay interest only for the first five years. If I am current with my payments, will my lender extend the note? A: Several years ago, when property values were increasing rapidly, lenders would have been

Harry Macklowe Sells GM Building to Boston Properties (Update2) - Bloomberg
May 24 (Bloomberg) — New York developer Harry Macklowe agreed to sell the General Motors Building and three other Manhattan skyscrapers to Boston Properties Inc. for $3.95 billion in cash and debt, to pay off delinquent loans. Boston Properties

South Florida foreclosure sales rise dramatically - Fort Lauderdale Sun-Sentinel
The housing crunch rages on, as more South Floridians behind on their mortgage payments are losing their homes in foreclosure sales after failing to work out deals with lenders. Scheduled sales in Broward County hit 2,568 last month, more than a

Great Mortgage Rates in Magazine - Colleyville Courier
Get 4 refinance mortgage offers from Magazine brokers. Get daily mortgage and real estate news by subscribing to our RSS/XML news feed. Easy subscription with bloglines. As a commercial mortgage lender, we recognized the need for this knowledge

Guides for Mortgage Newsletter - Colleyville Courier
Find List of Low Interest & Easy Mortgage & Loan Programs. Act Now. $150,000 Loan for $391/month - Refinance, Home Equity and Purchase. Historic Low Rates From Top Lenders - No Obligation, No SSN Required & Bad Credit OK. http://Refinance.LeadSteps

Homeowners living on economic cliff - Herald-Mail
Rows of homes line Brynwood Street in Hagerstown s Kensington Villas. The value of many homes there has plummeted. (By Yvette May/Staff Photographer) Malick and Brenda Thiam, and their daughter, Seriane, pose in front of their four-bedroom home at

West Side door to global crisis - Chicago Tribune
A run-down brick two-flat sits in a muddy yard at 1034 N. Central Park Ave. on Chicago’s West Side. A teenager with a limp walks by and lights a cigarette on a chilly spring afternoon. Next door, an old car pulls up and something is exchanged through