Mortgage and Financial News From 2007-12-30 Page 17

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  • The year ahead: Boeing, biotechs and banking

    Everett Herald - Steve Tytler, real estate columnist for The Herald and a mortgage broker, said homes close to urban job centers such as Everett should fare better than those farther away. The abundance of new homes for sale is expected to decrease as builders sell ...
    2007-12-29 11:53:00

  • 2007 Newsmakers: Wave of foreclosures hits county

    Santa Cruz Sentinel - Some borrowers claim their trust in their mortgage broker was abused. In many cases, the homeowners are stuck. They can't refinance because home values are declining, and they now owe more than what the home is worth. And it's hard to persuade lenders ...
    2007-12-29 11:53:00

  • A U.S. charity gets paid on a claim over risky mortgage investments.

    International Herald Tribune - ... claim; the Wish Fund said it had lost $48,000 in a mutual fund from Morgan Keegan that had invested heavily in shaky mortgage ... Ceaser-Hudson's banker put her in contact with a Morgan Keegan broker to help her make a decision. Perius did not return a ...
    2007-12-30 02:16:00

  • State regulators left out of coalition on foreclosure crisis

    International Herald Tribune - This month, it helped broker an agreement among mortgage lenders and servicers to freeze interest rates for certain borrowers of subprime adjustable rate mortgages. And in November, the organization mailed more than 200,000 letters to borrowers at ...
    2007-12-30 02:16:00

  • The Debt Crisis, Where It’s Least Expected (NYTimes.com via Yahoo! Finance)

    A children’s charity says it wasn’t told of mortgage debt risks.
    2007-12-30 02:40:18

  • A U.S. charity gets paid on a claim over risky mortgage investments. (International Herald Tribune)

    Before the Indiana Children's Wish Fund reached its settlement, its mortgage-related losses meant that nine children's wishes would go ungranted.
    2007-12-30 02:33:55

  • Foreclosed houses not an easy investment

    Everett Herald - If you lost your job and fell behind on your mortgage payments, are you going to hand me the keys to your house just because I ... If you are not in a rush to buy a home, my advice is to wait until spring or summer, because there will be many more homes ...
    2007-12-29 11:53:00

  • Lenders scrutinize borrowers

    Herald Tribune - According to Taylor, investors purchased only $7 billion in new mortgage securities backed by nonconforming loans in October ... Her advice: Be careful. Make sure what you and/or your broker tell the funding lender is absolutely true. No fudging. Also ...
    2007-12-30 01:18:00

  • Ask the editor: Get ready for ’08 with the Times

    St. Cloud Times - The impact of rising home foreclosure rates and the mortgage mess are still playing out. We will continue to provide in-depth coverage. We also will provide solution-based reporting to help businesses and consumers cope. In the meantime, my advice to ...
    2007-12-29 10:19:00

  • Bring Fresh Eyes to Your Portfolio in 2008

    Wall Street Journal - Think about your liabilities. When you hear the word "liabilities," your thoughts probably turn to things like your mortgage ... My advice: Settle on a basic stock-bond mix, which is the key driver of your portfolio's performance. Thereafter, as you add ...
    2007-12-29 08:39:00

  • Richard White: It’s not wise to let owners volunteer to make repairs

    Naples Daily News - We need your advice as to how much a unit owner may volunteer. We had a unit owner offer to paint our pool bathrooms and ... Most businesses require the listing of a near relative on their forms, even a mortgage company or insurance company, and your ...
    2007-12-29 11:02:00

  • Venture into '08 with these 5 thoughts

    Charlotte.com - You've withstood the effects of the subprime mortgage crisis. You've probably taken some losses along the way -- as most ... their own portfolios and real-time trades as well as track those of investment leaders and friends, offers this advice: • ...
    2007-12-29 11:38:00

  • Proud families build own homes

    Everett Herald - The manager is there five days a week and oversees the families, giving advice and help. Only one third of the project is subcontracted, which helps save on the total mortgage amount. Entry-level housing in the county costs about $250,000. Homes in ...
    2007-12-29 11:53:00

  • Real-estate anxiety: What's next in '08?

    Seattle Times - And then there's the issue of getting a mortgage. Since the widely publicized August meltdown in that industry, buyers (and ... His advice: Pay attention to local rather than national real-estate news because "the important real-estate trends are local ...
    2007-12-30 12:07:00

  • Get retirement plan on target

    Baltimore Sun - Retirement experts offered some advice for navigating the coming year: • Get going. You have until April 15 to make your ... The mortgage crisis and a slowing economy may tempt you to borrow from your 401(k), but try to resist, said Clare Berquist ...
    2007-12-30 01:40:00

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