Mortgage and Financial News From 2008-3-16 Page 9

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• The rush to refinance

  News.com.au - Number refinancing their mortgages stands at 20,000 a month Survey : How have rate rises affected you? More personal finance news in our Money section THE decision by banks to whack on a bit more after the last two Reserve Bank interest rate rises ...
  2008-03-16 02:52:00

• COPYRIGHT NOTICE

  PRWeb - New FSA Mortgage and Insurance Regulations – How Company Incorporation Can Help. ... Complete rules and information is posted on radikal.com. Entries must be received by ... A local multifamily investor used the loan to refinance one apartment building and ...
  2008-03-15 11:04:00

• Business Browser

  Edmonton Journal - ... to four per cent of its workforce as the brewer reorganizes its finance, information ... in the wake of Bear Stearns Cos., the second-largest underwriter of U.S. mortgage ... in home equity makes it more difficult for struggling homeowners to refinance and ...
  2008-03-15 01:24:00

• The Buzz On Business

  Modesto Bee - MORTGAGE LAW REFORM PROPOSED BY HUD: Prospective home buyers would get easier-to-understand information on mortgage terms and ... estimate" is aimed at making it simpler for consumers to comparison shop when they buy a house or refinance a mortgage.
  2008-03-15 02:50:00

• Proposals to solve foreclosure crisis

  Cincinnati Enquirer - More than a year into the subprime mortgage crisis, there's no shortage of ... That makes it harder for owners of more expensive homes to refinance - or for new ... deeds of properties sold at sheriff's sale, and require bidders to give information ...
  2008-03-16 02:13:00

• Govt. May Standardize 'Good Faith' Lending Forms

  WCCO - ... buying process easier by giving consumers more information ... or three different agencies, or originators or mortgage ... in here that says 'you have an adjustable rate mortgage,' there's nothing in here that says 'in two years you're gonna have to refinance ...
  2008-03-14 05:17:00

• Motley Fool

  Courier News - There tends to be little information available about these companies, and many are volatile, speculative "penny stocks ... Learn more at www.fool.com/homecenter and www.quicken.com/mortgage/refinance
  2008-03-16 01:52:00

• Fact Sheet: Taking Responsible Action to Help Homeowners and the ...

  Forbes - If mortgage lenders believe that the government will intervene, they will ... would require lenders to provide borrowers with complete and accurate information ... but States are unable to do the same for homeowners seeking to refinance.
  2008-03-14 10:44:00

• Top officials push financial reform

  Baltimore Sun - The proposals call for the companies that issue mortgage bonds -- called mortgage-backed securities -- to disclose more information about how they've ... guarantees to help people who are in danger of losing their homes to foreclosure to refinance into ...
  2008-03-15 12:12:00

• HUD wants mortgage costs made clear to borrowers

  USA Today - ... old Real Estate Settlement Procedures Act would mandate a federal disclosure form be given to consumers who refinance a mortgage ... We do believe, however, that this proposal will give consumers much better information," he added.
  2008-03-14 12:10:00

• Boston Fed makes rare direct appeal to hard-hit borrowers

  Boston Globe - ... of America Corp. , Citizens Bank, Sovereign Bank, TD Banknorth, and Webster Bank to refinance ... There's a sharp realization of what's happening, but people caught in the subprime-mortgage crisis - they don't know what to do," he said. The information ...
  2008-03-16 06:02:00

• Bankruptcy judge orders DeWitt Clinton dispute to mediation

  Albany Business Journal - ... wants to convert the building into an Embassy Suites, according to But See Why Gerard can't get a loan to finance the renovations unless the building is vacant, according to a Feb. 25, 2008, e-mail written by a representative of mortgage broker ...
  2008-03-14 11:19:00

• John Gapper: Wall Street intervention

  Financial Times - It is a big prime broker, providing funding and back-up for hedge funds. It is also one of the biggest traders in mortgage-backed securities. The US has thus acquired its own version of Northern Rock, the British mortgage bank which the UK government ...
  2008-03-14 11:55:00

• Legislative tally: 60 days, 335 bills

  Tacoma News Tribune - Mortgage brokers: SB 6381 would make it illegal for mortgage brokers to give clients a loan with a higher interest rate for the broker’s own financial benefit.
  2008-03-16 08:47:00

• Wire Business Briefs - 03/15

  Riverside Press Enterprise - The mortgage broker industry is expected to oppose the proposal because it also calls for lenders' payments to brokers to be disclosed to borrowers before they go to settlement.
  2008-03-13 05:54:00

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