Mortgage Investment & Loan News Info

The Emergency Budget was Progressive

admin — Sun, 05 Sep 2010 17:10:31 +0000

I spent some time looking at the IFS analysis published about a week and a half ago about the budget.

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Citi warns of mortgage rates rise

admin — Sun, 05 Sep 2010 17:10:19 +0000

BANKS may impose higher mortgage rates on borrowers to offset added costs of new liquidity rules, which are tipped to drive up the price of the safest financial assets.

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Features large and small are used in appraising property values

admin — Sun, 05 Sep 2010 17:10:06 +0000

Your fireplace counts. So do your brick walls and square footage, the size of your lot and the sales price of the house next door.

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Guilty plea entered in mortgage-fraud scheme

admin — Sat, 04 Sep 2010 17:10:25 +0000

A disbarred local attorney accused of misusing his clientsa money in a mortgage-fraud scheme pleaded guilty Friday in federal district court, the U. S. Attorneya s Office announced.

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Movie Review: Step Up 3-D

admin — Sat, 04 Sep 2010 17:10:16 +0000

Movie Review: Step Up 3-D; Starring: Rick Malambri, Alyson Stoner, Sharni Vinson and Joe Slaughter; Director: John Chu; Rating: ** - Great moves but poor plot.

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Experts foresee trouble ahead

admin — Sat, 04 Sep 2010 17:10:05 +0000

” Is the global economy out of the woods? Two years after near-meltdown, with the U.S. looking sluggish, equity markets groggy and Europeans fighting a debt crisis, experts gathered in Italy offered a generally gloomy outlook - ” especially for the United States and much of the industrialized world.

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Economic data tempers talk of a double-dip recession

admin — Fri, 03 Sep 2010 17:10:29 +0000

” The feeble economy exhibited a smidgen of strength Thursday, with mildly positive reports on jobs, store sales and housing.

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Tiger Takes Out $54 Million Mortgage

admin — Fri, 03 Sep 2010 17:10:20 +0000

Only days after his divorce from Elin, Tiger Woods took out a $54.5 million mortgage for the mansion he’s building on Florida’s exclusive Jupiter Island.

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FHA shifting gears on reverse mortgages

admin — Fri, 03 Sep 2010 17:10:05 +0000

The Federal Housing Administration isn’t talking publicly about it, but the agency may be getting ready to lessen the upfront costs of reverse mortgages for some borrowers.

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Foreclosures impact kids, communities

admin — Thu, 02 Sep 2010 17:10:41 +0000

Children could be prevented from realizing their potential in school and, eventually, the labor force as consequences from the problem of home foreclosures last for years, a Federal Reserve official said Thursday.

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