Mortgage and Financial News From 2007-12-30 Page 14

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  • 2008 holidays approved for county workers

    Texarkana Gazette - The court also agreed to hire Century Bank to refinance the cost of two excavators and one case loader for Precinct 4 at 3.3 percent. They further agreed to hire Century Bank to finance the purchase of four motorgrader for the same precinct at the ...
    2007-12-30 05:50:00

  • Laying the foundation for a deal

    NorthJersey.com - Prepayment penalties complicate the issue if you decide you want to refinance later. Check the mortgage lender's record with the state Real Estate Commission at (609) 292-8300. If you want to lock in an interest rate, get it in writing. And don't sign ...
    2007-12-30 06:12:00

  • South Florida consumers faced intertwined string of challenges in 2007

    Fort Lauderdale Sun-Sentinel - Last summer, credit became next to impossible to obtain for a subprime borrower who was trying to refinance an unaffordable loan. Lenders stopped lending. Mortgage defaults soared. In November, almost 3,500 people in Palm Beach and Broward counties ...
    2007-12-30 06:41:00

  • Bush acknowledges families' struggles

    St. Petersburg Times - Bush said he and Congress recently came to terms on some ways to help, including an energy bill and a measure to help families avoid a tax hit when they refinance a mortgage. But he also chided lawmakers again for slipping an estimated 9,800 pet ...
    2007-12-29 10:12:00

  • New cars that are fully loaded — with debt

    Los Angeles Times - She recently tried to refinance her mortgage, she said, but was declined because her car payments were too high. "Not one dealer ever said this was a problem. Ever. I never had a dealership say no." It's not just individual consumers who are at ...
    2007-12-30 01:40:00

  • Local industry braces

    News.com.au - Sims Partners partner Grant Sparks said some businesses encountering trouble earlier had been able to refinance due to the ease of access to new funds from higher-risk lenders. This meant they got money at a higher rate while collapses of the likes of ...
    2007-12-30 04:03:00

  • Saturday, December 29

    News.com.au - RAMS gets a $3.5bn loan lifeline RAMS, which is in the throes of selling its brand and distribution business to Westpac, has announced it has been able to line up enough funding to "roll over" or refinance $3.5 billion of its debt.
    2007-12-30 05:36:00

  • Bush Acknowledges Concerns About Economy

    AOL - ... on some ways to help, including an energy bill and a measure to help families avoid a tax hit when they refinance a mortgage. But ... The information contained in the AP news report may not be published, broadcast, rewritten or otherwise distributed ...
    2007-12-29 07:18:00

  • Lender Pretenders

    13 WHAM - ... first-time home owner, said the caller had all her information--name, address, lender, and type of mortgage ... President of Prime Mortgage Corporation Rose Bernstein advised, "If solicited by phone or email for refinance, do not respond to that.
    2007-12-28 03:30:00

  • More housing turbulence ahead

    Seattle Times - And those needing home loans, either to buy or refinance, encountered a mortgage-meltdown situation unlike any we've ever seen. ... 20 percent year-over-year ending in September, according to Hanley Wood, a national construction-information firm ...
    2007-12-28 03:54:00

  • Catching up

    Columbus Dispatch - They signed a settlement in August that required them to pay off nearly $50,000 of the mortgage. Mrs. Clay was able to refinance the ... That tape contained Social Security numbers, bank account information or other sensitive data for about 1.3 ...
    2007-12-30 02:51:00

  • may soon feel pain

    Charlotte.com - ... with good credit -- those with prime mortgages -- haven't necessarily escaped the mortgage ... their new payments, said Greg McBride, senior financial analyst with Fla.-based financial information Web site Bankrate.com. Others who try to refinance ...
    2007-12-30 04:46:00

  • Tightening Credit Conditions Are Now Threatening Business Owners, Commercial Borrowers: Now Banks Are Denying Good ... (PRWeb via Yahoo! News)

    The fallout from the residential lending industry has started to spill over to commercial properties. There is a lot of good commercial deals and borrowers that are getting denied from the banks that they have been dealing with for years. Most of these individuals don't realize that they can still get financing from different avenues.
    2007-12-29 11:01:00

  • World/nation briefs (Minneapolis-St. Paul Star Tribune)

    Eight Afghans who ate an infected camel as part of a religious celebration died of what may be a rare case of naturally occurring anthrax. The deaths, in the southwestern province of Nimroz, included two women and an infant, said an adviser to Afghanistan's health minister. Ten others were sickened.
    2007-12-29 03:43:46

  • Real-estate anxiety: What's next in '08? (Seattle Times)

    What looked like a surefire winner — homeownership in Seattle — has taken on a tinge of uncertainty.
    2007-12-30 12:24:19

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