HOME EQUITY LENDING News, Sports, Shopping, Travel information

Home Equity
Looking for Home Equity? Search over 15,000 sites with one click. Your source for everything under the sun!
www.findstuff.com

American Equity Names 4 New Board Members - Chicago Tribune
west des moines, iowa - american equity investment life holding co. said tuesday it has expanded its board from nine to 13 by appointing four additional members. new to the west des moines-based company's board are joyce chapman, a retired banker ...
www.chicagotribune.com

Drop In Housing Values Affects Home Equity Loans
an increase in consumer complaints over the cancellation or reduction of home equity lines of credit has prompted one federal banking regulator to remind financial institutions about the laws governing this type of loan.
www.courierpostonline.com

Baytown Woman Sues Mortgage Company Over Predatory Lending
alpha mortgage usa inc. and american home mortgage servicing inc. engaged in a racially targeted predatory lending practice called "reverse redlining," according to a lawsuit filed in federal court by an african-american woman from the houston area.
www.myfoxhouston.com

Home Builders Face More Pain - Forbes
a loophole that allowed home sellers to pay for down payments on government-backed loans is set to close in october, promising more trouble for the ailing housing industry. the withdrawals will be more acute for the firms that leaned heavily on the ...
www.forbes.com

National City Offers Cash To Cut Equity Lines - Financial Times
national city , the us bank that has been among the hardest hit by the subprime crisis, is trying to reduce its exposure to the riskiest category of home loans by offering customers cash to close their untapped home equity lines. if the scheme is ...
www.ft.com

Local Woman Sues Over Predatory Lending
alpha mortgage usa inc. and american home mortgage servicing inc. engaged in a racially targeted predatory lending practice called “reverse redlining,” according to a lawsuit filed in federal court by a black suburban houston woman.
www.khou.com

Opinion-ist: Racially Targeted Lending Practices? Really?
the opinions expressed in this article are solely those of the author. that being said, we'd like to expound on some news in today's chronicle , a lawsuit filed in federal court by a baytown woman against her lender claiming predatory lending practices and reverse redlining (racial targeting). nanette lewis and her husband refinanced their home in an effort to obtain a better deal, only to ...
houstonist.com

Greenspan: Don't Use Fed As A 'magical Piggy Bank' - Associated Press
washington (ap) -- troubled by the bear stearns debacle, former federal reserve chairman alan greenspan is advocating a new way of dealing with government bailouts of companies whose sudden collapse could wreak havoc on the country's economic and ...
hosted.ap.org

Crisis? What Crisis? - Guardian Unlimited
mainly, right now, it's just a forest of figures: 12% wiped off property prices in a year; new mortgage approvals down by 71%; house sales at a 30-year-low; bank lending to homebuyers down by £12.1bn; one in seven homeowners in negative equity ...
www.guardian.co.uk

National City Offers Cash To Cut Equity Lines
national city , the us bank that has been among the hardest hit by the subprime crisis, is trying to reduce its exposure to the riskiest category of home loans by offering customers cash to close their untapped home equity lines.
www.ft.com

Gmac's Home Loan Unit To Fire 5,000, Shut 200 Offices (update1)
sept. 3 (bloomberg) -- gmac llc and its residential capital llc home lending unit plan to fire 5,000 employees, or 60 percent of the staff, and close all 200 gmac mortgage retail offices because of weak real estate markets.
www.bloomberg.com

National City Pays Customers To Cancel Credit Lines - Huliq.com
national city (ncc), the us bank that has been among the hardest hit by the subprime crisis, is trying to reduce its exposure to the riskiest category of home loans by offering customers cash to close their untapped home equity lines. lenders such as ...
www.huliq.com

U.s. Stocks Drop, Led By Technology Companies; Corning Tumbles - Bloomberg
sept. 3 (bloomberg) -- u.s. stocks dropped for a third day, led by technology and raw-materials companies, after corning inc. 's cut its earnings estimates and commodity prices fell. corning, the biggest maker of glass for flat-panel displays ...
www.bloomberg.com

Bank Notes |
gmac financial cuts jobs at residential capital gmac financial services, the detroit-based auto and home lender, said wednesday that it's eliminating 5,000 jobs in its troubled residential capital mortgage lending arm. gmac, which is owned by private-equity firm cerberus capital management and automaker general motors corp., also said it's closing 200 retail mortgage offices and ceasing new ...
www.charlotteobserver.com

Federal Regulators Examine Lenders' Curbs In Home Equity Lines Of Credit
a jump in consumer complaints over the cancellation or reduction of home equity lines of credit has prompted one federal banking regulator to remind financial institutions about the laws governing this type of loan.
www.palmbeachpost.com

Treasuries Rise, Heading For Biggest Weekly Gain In Six Months - Bloomberg
sept. 5 (bloomberg) -- ten-year treasuries rose, heading for the biggest weekly gain since february, before a labor department report today that economists say will show payrolls decreased in august for an eighth month. yields on benchmark 10-year ...
www.bloomberg.com

Home Sweet Goldmine - Guardian Unlimited
behind all those scary housing market numbers - 12% wiped off property prices in a year ; new mortgage approvals down by 71% ; house sales at a 30-year-low - is an even scarier thought: are we going to end up having to change our whole attitude to ...
www.guardian.co.uk

U.k. House Price Slump May Leave 1.3 Million In Negative Equity
sept. 5 (bloomberg) -- u.k. house prices will drop by as much as 35 percent from their peak last year, leaving as many as 1.3 million households with mortgages worth more than their property, analysts at sanford c. bernstein & co. said.
www.bloomberg.com

Uk Government Shared Equity Schemes Proposed For Entry To Uk Property Market Is A Potential Debt Trap
uk government proposes that home owners struggling to repay mortgages and first time buyers who cannot get on the property ladder should enter into shared equity schemes, but www.uktaxandaccounts.com is of the opinion that increased risk of negative equity poses potential debt trap that could be detrimental to buyers in the long term.
news.yahoo.com

Reis, Inc. Announces Bulk Sale Of Lots And Debt Reductions - Forbes
reis, inc. (nasdaq:reis) ("reis" or the "company") today announced that it has completed the sale of eight partially improved lots, in a single transaction, to a regional homebuilder for $900,000 at the orchards. the orchards is the company's single ...
www.forbes.com