EQUITY HOME MORTGAGE News, Sports, Shopping, Travel information

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Banks Want To Suspend Accounting Rule In Bailout - Businessweek
congress has embraced an idea to help prop up the financial system: give banks a break by letting them value their bad mortgage assets at a price they could fetch later, not now. lawmakers want the securities and exchange commission to implement the ...
www.businessweek.com

Vacation Home Mortgage Loans
obtaining a loan for a vacation home can be a challenge because lenders assume you are more likely to default on this additional mortgage. that risk is passed on to you in several different forms.
biz.yahoo.com

Nationstar Mortgage Llc And Centex Home Equity Sued For Truth In Lending Violations And Participation In Unregistered ...
nationstar mortgage, llc, and centex homeequity company, llc, have been sued for conduct related to an investment scam involving hundreds of southern california home buyers. it is alleged that nationstar's san diego branch manager was an insider of a fraudulent investment firm known as stonewood consulting in riverside county, california. losses are alleged to be in the millions. the securities ...
news.yahoo.com

Loan Applicants Are Put To The Test - Azcentral.com
the credit crunch is not just a wall street problem. it is now affecting the ability of ordinary people to get mortgages, home-equity lines of credit and loans for cars and schooling. lenders may require larger down payments or higher interest rates ...
www.azcentral.com

Irwin Financial Corporation Announces Steps To Strengthen Capital And ... - Forbes
columbus, ind., oct. 1 /prnewswire-firstcall/ -- today, irwin financial corporation (nyse: ifc) announced plans to strengthen its capital base. "we are planning on raising approximately $50 million of new capital to help assure that our subsidiary ...
www.forbes.com

Credit Crisis Makes Buying A Home More Difficult
prices for homes are down, and interest rates are still considered low by historical standards. but the nation's financial crisis is affecting the ability of many home buyers to get mortgage loans as there are now stricter requirements to get a loan.
www.myfoxkc.com

Louisiana Business: Ge, Probono Gala, Mortgage Aid, Road Home, Deq
october 1, 2008
www.bayoubuzz.com

Mortgage Changes Mean Equity Is Key - Rockford Register-star
stan meltzer, a 22-year-old winnebago county sheriff’s deputy, wasn’t in a rush to buy a house. he was making a good living as a deputy and saving tons of money living with his father. but he started the search after talking to shane hartje, ceo ...
www.rrstar.com

First, Let's Stabilize Home Prices - Wall Street Journal
we are in a vicious cycle: falling housing values cause losses on securities, which reduce bank capital, thereby tightening lending and causing house prices to fall further. the cycle has spread beyond housing, but housing is the place to fix it ...
online.wsj.com

Chicago Office Targets Mortgage Foreclosure Fraud
chicago's department of consumer services is targeting mortgage foreclosure fraud.
abclocal.go.com

Loan Applicants Are Put To The Test
the credit crunch is not just a wall street problem. it is now affecting the ability of ordinary people to get mortgages, home-equity lines of credit and loans for cars and schooling.
www.azcentral.com

Federal Agency Offers Help Fending Off Foreclosure - Boston Globe
struggling homeowners with plummeting property values may now be able to avoid foreclosure by refinancing their mortgages through a new federal program, the department of housing and urban development said yesterday. hud secretary steve preston ...
www.boston.com

Hall, Weitzman And Arp Form Hall Real Estate Capital, Llc - Forbes
hall financial group announced today the formation of hall real estate capital, llc. (hrec). hrec will consult on, sponsor and offer high quality real estate related investment opportunities to individual and institutional investors. the company ...
www.forbes.com

Mortgage Plans Can Help Long Term Savings
columbia (wltx) -- kim la is just one of many who saves each year by following a mortgage plan.
www.wltx.com

Mortgage Famine?
why getting a home loan is still possible
news.bbc.co.uk

If There Must Be A Bailout, Here's How To Do It: Jonathan Weil - Bloomberg
oct. 1 (bloomberg) -- maybe congress isn't so dumb after all. the fatal flaw in treasury secretary hank paulson 's $700 billion bailout plan was that it wouldn't fix the problem: too many important financial institutions don't have enough capital. if ...
www.bloomberg.com

Chicago Office Targets Mortgage Rescue Fraud - Wls
chicago (wls) -- chicago's department of consumer services is targeting mortgage rescue fraud. it's taking legal action against four companies and one individual. they are imran mukati, happy investors, tamayo financial services, direct mortgage ...
abclocal.go.com

Barclays Relaunches Lehman's Equity Trading, Research Unit
barclays relaunches lehman's equity trading, research unit
feeds.foxbusiness.com

Study: Mortgage Losses On Owner-occupied Homes Lower Than Assumed
(physorg.com) -- homeowners who are struggling with mortgages for their own residences are a relatively small part of the overall mortgage crisis, according to results of a new nationwide study of consumer balance sheets.
www.physorg.com

Bailout Bill Is Creating Unusual Alliances - Chicago Sun-times
barack obama, the favorite son who is expected to sweep his home state in a landslide come nov. 4, monday could not sweep his allies in the illinois congressional delegation. when the house bailed out of the bailout, four of 11 illinois democrats ...
www.suntimes.com