Mortgage and Financial News From 2007-10-20 Page 14
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Advice by Kenneth Harney : Distressed-home market becomes prime ...
Arizona Daily Star - A $100,000 starter home needing renovations with a seriously delinquent mortgage, for instance, might draw an offer of just $50,000 to $55,000 cash from a HomeVestors franchisee.
2007-10-20 12:01:00 -
Stocks drop on Black Monday anniversary
Newsday - The 30-stock index, the most widely watched in the world, had fallen every day last week because of factors including rising home mortgage defaults, soaring oil prices, which fell 87 cents to $88.60 a barrel yesterday, and disappointing corporate ...
2007-10-19 05:06:00 -
THE WEEKLY RECAP
Patriot Ledger - DROP IN HOUSING PRICES EXPECTED TO CONTINUE At a conference in Boston, mortgage bankers said they expect the drop in U.S. home prices to continue through 2009. A continuing spike in foreclosures and a glut of unsold homes will continue to depress ...
2007-10-20 03:00:00 -
Jobless top 1 million in California
Los Angeles Times - Home & Garden ... The housing slump and mortgage meltdown were behind the biggest job losses in the state last month. The construction sector got ...
2007-10-19 09:59:00 -
G-7 Says Global Expansion Will Slow After `Market Turbulence'
Bloomberg - Mortgage defaults by Americans with poor credit histories prompted the collapse in June of two hedge funds managed by Bear Stearns Cos. and triggered a worldwide sell-off in the debt markets. As losses in securities linked to subprime ...
2007-10-20 12:51:00 -
Bankruptcy court approves American Home Mortgage refund of loan fees
CNBC - WILMINGTON, Del. - A bankruptcy judge has cleared the way for American Home Mortgage Investment Corp. to refund up to $650,000 in application fees and other mortgage costs it collected from more than 1,000 customers who never got their loans because ...
2007-10-18 03:05:00 -
Bear Stearns drops objection to purchase of loan unit
Cleveland Plain Dealer - Bear Stearns Cos. dropped its objections to Wilbur Ross Jr.'s purchase of the loan-servicing unit of American Home Mortgage Investment Corp., leaving Deutsche Bank AG as the sale's main opponent. U.S. Bankruptcy Judge Christopher Sontchi in ...
2007-10-20 01:34:00 -
The Offset Mortgage Centre Tell Home Buyers How to Select the Best ...
24-7PressRelease.com - The Offset Mortgage Centre tells home buyers how they can select the best Offset Mortgage deal in their recently published article. /24-7PressRelease/ - October 20, 2007 - When it comes to choosing an Offset Mortgage, home buyers need to look beyond ...
2007-10-19 11:54:00 -
Royal Consultants Make Getting a New York Mortgage Simple (PRWeb via Yahoo! News)
Mortgage programs are finally coming back with more lenders easing up on different requirements. Royal Consultants can help residents obtain a New York mortgage in many different situations including those that are self employed or cannot verify income. With more than 24 years in the business Royal Consultants is ready and able to help potential home buyers and homeowners who may have had a ...
2007-10-20 12:01:00 -
Royal Consultants Make Getting a New York Mortgage Simple (PRWeb)
Mortgage programs are finally coming back with more lenders easing up on different requirements. Royal Consultants can help residents obtain a New York mortgage in many different situations including those that are self employed or cannot verify income. With more than 24 years in the business Royal Consultants is ready and able to help potential home buyers and homeowners who may have had a hard ...
2007-10-20 12:16:18 -
Mesquite, Sunnyvale, Balch Springs Home Sales (Dallas Morning News)
This list of recent home sales in Mesquite, Sunnyvale and Balch Springs was compiled by MasterFiles Inc. from county deed records. The amount listed is the mortgage, not the total price. In each ZIP code, sales are organized alphabetically by street and include the date recorded.
2007-10-20 01:08:33 -
The Offset Mortgage Centre Tell Home Buyers How to Select the Best Deal (PRWeb)
The Offset Mortgage Centre tells home buyers how they can select the best Offset Mortgage deal in their recently published article. (PRWeb Oct 20, 2007)
2007-10-20 12:15:08 -
US Dollar Hovers Near Record Low Against Euro
CNBC - That, together with data showing surprising weakness in the U.S. job market and regional manufacturing activity, helped rekindle expectations that the Fed may cut interest rates from the current 4.75 percent later this month. "There was a combination ...
2007-10-17 05:58:00 -
ANNIVERSARY IMPACTS DOW
Times-Republican - On Oct. 19, 1987 — Black Monday — the Dow plunged 23 percent amid concerns about interest rates and slowing economic growth. A decline of similar proportion given the market’s current levels would mean a drop of some 3,100 points. Friday’s ...
2007-10-19 08:47:00 -
Dow's drop fueled by credit jitters, oil prices
Tulsa World - On Oct. 19, 1987 -- Black Monday -- the Dow plunged 23 percent amid concerns about interest rates and slowing economic growth. A decline of similar proportion given the market's current levels would mean a drop of some 3,000 points. A ...
2007-10-19 11:18:00