EQUITY MORTGAGES News, Sports, Shopping, Travel information

REFI 4.00% / 4.375% APR on 7/2/09
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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

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
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 Us Homeowners With Mortgages Underwater - Guardian Unlimited
first american corelogic, an affiliate of title insurance and real estate services company first american corp, said states with large numbers of homes with negative equity either had rapid price appreciation, many homes bought with subprime ...
www.guardian.co.uk

One In 8 Borrowers In Minnesota Owe More Than Home Is Worth; Other ... - Minneapolis-st Paul Business Journal
nearly 12 percent of mortgages in minnesota are under water, meaning that the owners owe more than the property is worth, a new study released on friday found. the report, released by first american corelogic, found that out of 433,547 mortgages in ...
twincities.bizjournals.com

Home Equity Income Trust Announces Third Quarter Conference Call
home equity income trust (tsx: heq.un ), which pays cash distributions earned from a portfolio of reverse mortgages originated by canadian home income plan , today announced that it will hold a conference call to discuss its third quarter financial results on november 12, 2008 at 10:00 a.m. .
biz.yahoo.com

Bailout: 'they Can Basically Do Whatever They Want'
washington . after a bruising battle to get it through a doubting congress, the bush administration's $700 billion wall street rescue plan to purchase distressed mortgages and other bad assets has morphed into something else entirely. today the emergency economic stabilization plan, signed by president bush on oct. 3, involves the government taking direct equity stakes in banks, and at ...
www.kentucky.com

7.5 Million Homeowners 'underwater' - Cnn Money
new york (cnnmoney.com) -- at least 7.5 million americans owe more on their mortgages than their homes are currently worth, according to a real estate research firm's report released friday. in other words: if they sold their homes today, they'd have ...
money.cnn.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

6 States Account For Almost 60% Of Underwater Mortgages
here's a shocker: almost half of nevada homeowners with a mortgage owe more to the bank than their homes are worth.
www.chicagotribune.com

Fulton County Mortgages
mortgages are recorded in the office of fulton county clerk and recorder james nelson.
cantondailyledger.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 Homeowners With Mortgages Underwater - Reuters
new york (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 million ...
www.reuters.com

7.5 Million Homeowners 'underwater'
at least 7.5 million americans owe more on their mortgages than their homes are currently worth, according to a real estate research firm's report released friday.
money.cnn.com

Michigan, Nevada Homeowners Lead Country In 'underwater' Mortgages
homeowners in michigan, nevada, california, arizona, florida and georgia account for nearly 60 percent of all homeowners who owe more to the bank than their homes are worth. the new data underscores the staggering scope of the u.s. housing recession, but also the challenges that government officials face.
www.detnews.com

Mass. Ranks 9th In Mortgage Health - Boston Business Journal
one in 10 massachusetts borrowers owes more on his or property than the home is worth, a new analysis indicates. a total of 14 percent of borrowers are either in that position, commonly known as being “underwater,” or holding mortgages that are ...
boston.bizjournals.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

Ask Bob - Changes Are Coming For Reverse Mortgages
q: some time ago, you wrote about reverse mortgages for seniors 62 and older. have you heard about any changes that will make reverse mortgages easier to obtain? a: easier ... no, not really. however, there are changes afoot.
www.herald-mail.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

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