Search Results for: "mortgage"
Fed Plan Gets Praise for Imagination
And it could help the mortgage market by making financial firms more willing to deal in mortgage-backed securities because of their potential use as collateral with the Fed ... Hedge funds, banks and other big institutions have been dumping ...
http://www.voiceofarizona.com/Fed_Plan_Gets_Praise_for_Imagina-5225-3-16124.htm
Indymac Bancorp Weathers First Annual Loss
By Kevin Smith PASADENA - Battered by a continued downturn in the nation's housing and mortgage markets, Indymac Bancorp Inc ... The Pasadena-based mortgage lender also said it will suspend its quarterly dividend on common shares ...
http://www.voiceofarizona.com/Indymac_Bancorp_Weathers_First_A-5225-3-12149.htm
Bear Stearns Reports First Loss in 84 Years
said Thursday a bigger-than- expected writedown in its mortgage portfolio caused the nation's fifth-largest U ... 30 as its mortgage-backed securities continued to lose value amid the global credit ...
http://www.voiceofarizona.com/Bear_Stearns_Reports_First_Loss_-5225-3-4814.htm
Michael Jackson to Keep Neverland Ranch
5 million mortgage ... Londell McMillan told the New York Post Jackson has worked out a confidential refinancing agreement with Fortress Investment Group so he can retain ...
http://www.voiceofarizona.com/Michael_Jackson_to_Keep_Neverlan-5225-4-16457.htm
Illinois Probing Top Home Lender
Because of its massive presence in the mortgage market, Countrywide has been closely watched as the subprime mortgage crisis evolved this year ... Subprime mortgages are home loans to individuals with impaired credit or limited ability to ...
http://www.voiceofarizona.com/Illinois_Probing_Top_Home_Lender-5225-3-3837.htm
National City Lays Off 900, Cuts Dividend
The cuts -- shutting down its wholesale mortgage division and firing people who handle home loans through brokers -- sent shares of Ohio's biggest bank down 87 cents, or 5 ... The layoffs bring National City's cuts tied to the subprime ...
http://www.voiceofarizona.com/National_City_Lays_Off_900_Cuts-5225-3-6226.htm
The Power of Knowing Your Customer
Jay Conners has more than fifteen years of experience in the banking and Mortgage Industry, He is the owner of http://wwwjconnerscom , a mortgage resource site, he is also the owner of http://wwwcallprospectcom , a mortgage lead company . ...
http://www.voiceofarizona.com/The_Power_of_Knowing_Your_Custom-5031-3-1388.htm
Prediction: The Average American Will Vote His Pocketbook. (Comments)
Phaedrus, The example of homeowners upside down on their current mortgages buying another, larger home before defaulting illustrates the problem, mortgage lending to unqualified buyers ... Talk about screwing the 93% of the middle class ...
http://www.voiceofarizona.com/Prediction_The_Average_American-5031-2-42034.htm?m ...
Regulators Ease Restrictions on Lenders
regulators reduced the capital requirements for giant mortgage firms Fannie Mae and Freddie Mac Wednesday on expectations they will raise capital ... The change could add $200 billion in relief for the mortgage securities market, the report ...
http://www.voiceofarizona.com/Regulators_Ease_Restrictions_on_-5225-3-17200.htm
No Money Down Loans
But, just how do you do this? The first thing you need to do is meet with a mortgage professional and get that aspect of the process completed You will want to have a pre-approval or even a mortgage commitment with contingencies based on home value and ...
http://www.voiceofarizona.com/No_Money_Down_Loans-5031-3-964.htm
Miami Online Home Loans
Balloon Mortgages - Balloon loans are short term mortgages that have some features of a fixed rate mortgage Usually the rate is extra low for a period of time At the end of that time, rates jump up and the loan is effectually “due” or you can refinance ...
http://www.voiceofarizona.com/Miami_Online_Home_Loans-5031-3-729.htm
Sub Prime Mess Cramps Cash Flow (Comments)
At my place of employment 3 of the 6 homeowners are now upside down in their mortgages All face the same dilemna Each were told by their mortgage brokers at the time of purchase that before the ARM would increase significantly, they would enjoy enough ...
http://www.voiceofarizona.com/Sub_Prime_Mess_Cramps_Cash_Flow-5031-3-14893.htm?m ...
As Subprime Mortgage Woes Go on, Money for Alt-A Loans Gets Scarcer As Subprime Mortgage Woes Go on, Money for Alt-A Loans Gets Scarcer
He is a past president of the Tidewater Mortgage Bankers Association and the Virginia Mortgage Bankers Association. He can be reached at 431-4855 or by e-mail at ...
http://www.voiceofarizona.com/As_Subprime_Mortgage_Woes_Go_on-5225-1-3667.htm
Mortgage Bailout: Short-Term Fix; Long-Term Addiction.
Mortgage Bailout: Short-Term Fix; Long-Term Addiction Mortgage Bailout: Short-Term Fix; Long-Term Addiction Mortgage Bailout: Short-Term Fix; Long-Term Addiction Mortgage Bailout: Short-Term Fix; Long-Term Addiction Bailout, bail, out, mortgage, credit,... ...
http://www.voiceofarizona.com/Mortgage_Bailout_ShortTerm_Fix-5031-3-24575.htm
Carlyle Hedge Fund Default Sends Shiver Through Credit Markets
By Sean Farrell Financial Editor A fund managed by the US private equity giant Carlyle Group has become the latest to be hit by demands from lending banks making calls on loans secured on mortgage bonds ... Carlyle Capital's investments are all ...
http://www.voiceofarizona.com/Carlyle_Hedge_Fund_Default_Sends-5225-3-15517.htm
