EQUITY MORTGAGE News, Sports, Shopping, Travel information

Refinance At 3.750% / 3.521% APR.
How long will rates be this low? Lock your new low payment now. With your good credit and home equity we can help you lower your rate and save you hundreds a month. Free quote today!
www.ProspectMortgageDirect.com

Michigan, Nevada Homeowners Lead Country In 'underwater' Mortgages - Detroit News
here's a shocker: almost half of nevada homeowners with a mortgage owe more to the bank than their homes are worth. here's another: if you add in the homeowners like them in california, arizona, florida, georgia and michigan, together they account ...
www.detnews.com

More U.s. Homeowners Have Mortgage Higher Than House Is Worth
more than 7.5 million properties already have negative equity and another 2.1 million will follow should home prices decline another 5 percent, santa ana, california-based first american, a seller of economic and real estate data, said in a report today.
www.bloomberg.com

For Fortress, Big Bet On Mortgages Goes Bad
private-equity and hedge-fund manager fortress investment group made a highly-publicized bet several months ago that it could call the bottom on the battered mortgage-backed securities market.
money.cnn.com

One In Five U.s. Mortgage-holders Underwater - Globe And Mail
new york — nearly one in five u.s. mortgage borrowers owe more to lenders than their homes are worth, and the rate may soon approach one in four as housing prices fall and the economy weakens, a report on friday shows. about 7.63 million properties ...
www.theglobeandmail.com

Negative Equity For Nearly One-fifth Of Americans Homeowners With ... - All Headline News
washington, d.c. (ahn) - nearly one-fifth of american homeowners with a mortgage - at least 7.6 million people - owe more than their house is worth, according to a report by a real estate research firm. that is 18.3 percent of all mortgaged ...
www.allheadlinenews.com

Text: Fed Chief On The Future Of Mortgage Finance
federal reserve chairman ben bernanke spoke friday afternoon on the future of the mortgage market.
feeds.foxbusiness.com

One In Five U.s. Homeowners With Mortgages In Negative Equity
nearly one in five u.s. mortgage borrowers owe more to lenders than their homes are worth, and the rate may soon approach one in four as housing prices fall and the economy weakens, a report on friday shows.
uk.news.yahoo.com

For Fortress, Big Bet On Mortgages Goes Bad - Cnn Money
new york (fortune) -- private-equity and hedge-fund manager fortress investment group made a highly-publicized bet several months ago that it could call the bottom on the battered mortgage-backed securities market. what the firm's managers and ...
money.cnn.com

One In Five Us Homeowners With Mortgages Underwater - Guardian Unlimited
new york, oct 31 (reuters) - nearly one in five u.s. mortgage borrowers owe more to lenders than their homes are worth, and the rate may soon approach one in four as housing prices fall and the economy weakens, a report on friday shows. about 7.63 ...
www.guardian.co.uk

Gmac May Become Bank, Eyes Massive Debt Overhaul
gmac , the money-losing auto finance and mortgage provider majority-owned by private equity firm cerberus capital management , on thursday confirmed it was seeking to become a bank holding company, and said it plans to overhaul and slash its debt load, barely four months after completing a $60 billion refinancing package.
dealbook.blogs.nytimes.com

Guggenheim Fund Seeks Up To $300 Million To Meet Margin Calls
oct. 31 (bloomberg) -- guggenheim structured real estate advisors llc, the manager of commercial-mortgage funds set up five years ago by ed shugrue , asked investors in its second fund for as much as $300 million of new equity to meet margin calls.
www.bloomberg.com

More U.s. Homeowners Have Mortgage Higher Than House Is Worth - Bloomberg
oct. 31 (bloomberg) -- almost 20 percent of u.s. mortgage borrowers owed more on their loans in the third quarter than their house was worth as foreclosures depressed prices and the economy weakened, according to first american corelogic . more than ...
www.bloomberg.com

Guggenheim Fund Seeks Up To $300 Million To Meet Margin Calls - Bloomberg
oct. 31 (bloomberg) -- guggenheim structured real estate advisors llc, the manager of commercial-mortgage funds set up five years ago by ed shugrue , asked investors in its second fund for as much as $300 million of new equity to meet margin calls ...
www.bloomberg.com

20 Percent Of Mortgage Holders Are Underwater, Report Says
here's a shocker: almost half of nevada homeowners with a mortgage owe more to the bank than their homes are worth.
hosted.ap.org

Freddie: Less Homeowners Are Borrowing From Equity
the amount of money u.s. homeowners pulled out of their homes remained at a four-year low in the third quarter as higher mortgage rates cut the number of borrowers who refinanced, freddie mac said thursday.
biz.yahoo.com

Nearly One-fifth Of Americans With Mortgage, Or 7.6 Million People ... - All Headline News
washington, d.c. (ahn) - nearly one-fifth of american homeowners with a mortgage - at least 7.6 million people - owe more than their house is worth, according to a report by a real estate research firm. that is 18.3 percent of all mortgaged ...
www.allheadlinenews.com

1 In 8 R.i. Home Loans Are ‘underwater’ - Providence Business News
sacramento, calif. – the 12.1 percent of rhode islanders who owe more on their mortgage than their homes are worth puts the state below the national average of “underwater” mortgage holders. nationally, 7.63 million mortgage holders have ...
www.pbn.com

Almost 1 In 5 U.s. Homes Worth Less Than Mortgage: Report
nearly one in five u.s. mortgage borrowers owe more to lenders than their homes are worth, and the rate may soon approach one in four as housing prices fall and the economy weakens, a report on friday indicates.
www.cbc.ca

Mortgage Belt At Buckling Point
southeast queensland's mortgage belt is worn thin and fraying, and for some at the north lakes housing stress forum it was about to snap.
couriermail.news.com.au

6 States Account For Almost 60 Percent Of Homeowners With Mortgages ... - Chicago Tribune
here's a shocker: almost half of nevada homeowners with a mortgage owe more to the bank than their homes are worth. here's another: if you add in the homeowners like them in california , arizona, florida , georgia and michigan , together they account ...
www.chicagotribune.com