Mortgage and Financial News From 2008-1-24 Page 15

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• Ditech is MyTech - PoliGazette

  Ditech is MyTechPoliGazette, Netherlands - 2 hours agoBut for those who are set up with mortgages at terrible terms because of their naivete or because of the deceptive tactics of brokers and lenders, ...
  2008-01-24 05:00:51

• Some Tips If You're Considering Refinancing Your Home - KSDK

  Some Tips If You're Considering Refinancing Your HomeKSDK, MO - 2 hours agoScott Stern's Creve Coeur based company, Lenders One, works with 100 mortgage companies nationwide. Stern says many homeowners got burned a few years ago ...
  2008-01-24 05:06:41

• Sell Block: In Investing, Stay Flexible - CNBC

  Sell Block: In Investing, Stay FlexibleCNBC, NJ - 1 hour agoJust look at Cramer’s index of some of the worst stocks in the market before Tuesday’s rate cut: the homebuilders, mortgage lenders, mortgage insurers and ...
  2008-01-24 05:38:48

• Supreme Court: Taking Care of Business - Mother Jones

  Supreme Court: Taking Care of BusinessMother Jones, CA - 1 hour ago... Enron and the banks that facilitated its scam; payday lenders; investment banks that engage in price fixing; and tobacco companies, among others. ...
  2008-01-24 05:48:54

• Not Government Favors - Nolan Chart LLC

  Not Government FavorsNolan Chart LLC, VA - 1 hour agoPushing banks and mortgage companies to lend money for businesses and home mortgages that otherwise would have been seen as too risky, made lenders look for ...
  2008-01-24 06:14:59

• Traders believe debt markets will get worse - Financial Times

  Traders believe debt markets will get worseFinancial Times, UK - 1 hour agoFor a sobering indication of a possible future, consider the fate of lenders to Movie Gallery, one of the few firms to default in this cycle. ...
  2008-01-24 06:16:42

• Attorney General McCollum Tells Seniors To Be Wary Of Reverse ... - Lawfuel (press release)

  Attorney General McCollum Tells Seniors To Be Wary Of Reverse ...Lawfuel (press release), New Zealand - 1 hour ago... borrower to a lender. This information can be obtained by calling HUD at 1-800-569-4287. More information is available at HUD’s reverse mortgage website ...
  2008-01-24 06:16:53

• December's South Florida housing market worst in 30 years - Sun-Sentinel.com

  December's South Florida housing market worst in 30 yearsSun-Sentinel.com, FL - 58 minutes agoWhat's more, last summer's credit crunch forced lenders to tighten standards, which reduced the pool of qualified buyers. "It was the perfect storm of ...
  2008-01-24 06:18:41

• Hawaiian Homes Lessee Being Evicted Has Not Paid Mortgage Since 2004 - Hawaii Reporter

  Hawaiian Homes Lessee Being Evicted Has Not Paid Mortgage Since 2004Hawaii Reporter, HI - 54 minutes agoMr. Spinney, representing Mr. Kamoku, claims the mortgage had been paid in full by a treasury note of some kind. The department, nor any of the lenders, ...
  2008-01-24 06:22:26

• Slump in new mortgages foretells housing market woe - Guardian Unlimited

  Slump in new mortgages foretells housing market woeGuardian Unlimited, UK - 52 minutes agoData since last autumn has shown a steady easing in lending and yesterday's figures supported those published by the Council of Mortgage Lenders and the ...
  2008-01-24 06:23:57

• Subprime Safeguards We Needed - Washington Post

  Subprime Safeguards We NeededWashington Post, United States - 52 minutes agoThe ready flow of capital from the secondary mortgage market led to an explosion in subprime lending. Unscrupulous lenders could reap the greatest profits ...
  2008-01-24 06:24:22

• ICBC eyes more foreign banks - China Daily

  ICBC eyes more foreign banksChina Daily, China - 52 minutes agoThe number will be highest among mainland banks, Pan said, putting ICBC ahead in the race for global M&As among mainland lenders trying to globalize. ...
  2008-01-24 06:24:24

• Don't blame subprime for possible recession: Greenspan - Financial Post

  Don't blame subprime for possible recession: GreenspanFinancial Post, Canada - 49 minutes agoCompanies that collateralized subprime mortgages grouped them together into securities -- known as mortgage-backed or asset-backed commercial paper -- that ...
  2008-01-24 06:27:53

• Bank shuts mortgage lending unit - Arizona Republic

  Bank shuts mortgage lending unitArizona Republic, AZ - 13 minutes agoThe private bank will retain its focus on small-business customers and begin brokering mortgage applications from customers to other lenders, ...
  2008-01-24 07:03:36

• S. Florida home prices in downward spiral (Miami Herald)

  in downward spiral While it's still too soon to tell whether the Federal Reserve's interest rate cut Tuesday will breathe life into a stagnant housing market, would-be buyers can take heart that South Florida home prices are finally buckling.
  2008-01-24 05:56:07

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