Mortgage and Financial News From 2007-10-7 Page 14
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New mortgage rules in effect Oct. 1
Boca Raton News - These new consumer protections make Florida a national leader in combating mortgage fraud,” said Richter. “Florida’s families can now be confident that they will be treated fairly by their mortgage broker. This is yet another example of the ...
2007-10-07 01:28:00 -
Lawmakers zero in on mortgage brokers (Concord Monitor)
Mortgage brokers, under fire for steering borrowers into high-cost home loans, are a prime target of fair-lending legislation soon to be unveiled on Capitol Hill.
2007-10-07 05:12:35 -
Don't buy more house than you can afford
Akron Beacon Journal - And that's without having a mortgage. I'm talking about the money we must set aside for the homeowners, windstorm and flood ... I had quoted Haunty briefly in an earlier column about savings tips that included his advice not to buy more house than you ...
2007-10-06 10:43:00 -
Fund investors giving up chase of latest hot buy
Minneapolis Star Tribune - Minnesota Poll: Mortgage crisis worries 70% Will Ranger sales in Canada buy time for Ford plant? Medtronic hoping study can get ... up the best numbers in any one quarter or year." The bear market also convinced record numbers of investors to seek advice ...
2007-10-06 02:01:00 -
Poverty is no game
Long Beach Press-Telegram - Simone was struggling to pay her mortgage, buy groceries and secure child care during a three-hour role-playing game designed ... Many received misinformation or bad advice from overloaded case workers. "Not enough time," muttered Dave McDonough as ...
2007-10-06 11:55:00 -
The Man in Citi’s Hot Seat
New York Times - Under his watch, the firm delved into subprime mortgage assets.” Of course, Mr. Prince doesn’t fly solo at Citigroup. In addition to counting on Mr. Rubin’s steady hand, Mr. Prince gets advice from a stable of managers who are stewards of the ...
2007-10-07 02:32:00 -
Ask the experts on our money help desk
Scotland on Sunday Online - He was an independent mortgage broker for seven years before moving to Punter Southall two years ago to set up their mortgage advice arm. SAVINGS Susan Hannums GETTING good advice about which bank or building society is offering best returns, and how to ...
2007-10-06 05:50:00 -
bad advice
Minneapolis Star Tribune - ... notion that you will “grow into the payment” is bogus. Who cares if you get salary increases through the years…ideally you get a mortgage you can afford NOW and use the increases through the years to save and invest. Sadly this is not advice ...
2007-10-03 05:53:00 -
Author provides mortgage guidance
Louisville Courier-Journal - Author provides mortgage guidance By Michelle Singletary The Washington Post WASHINGTON -- The housing sector isn't showing ... While Michelle Singletary welcomes comments, she cannot offer personal financial advice. Write her at The Washington Post ...
2007-10-07 02:46:00 -
Tips to lower anxiety as mortgage rates reset
Boston Globe - I trusted people," she said, explaining that she didn't shop around for a mortgage, didn't read all of the mortgage documents ... Jones, who applied for a Globe Money Makeover to get advice on what to do, is one of thousands of Massachusetts homeowners ...
2007-10-07 12:52:00 -
Shaky mortgages squeeze homeowners (Miami Herald)
When Cindy Williams needed cash to remodel her Pembroke Pines house two years ago, she turned to a mortgage broker who offered a deal: $364,000 for an introductory monthly payment of $1,347.
2007-10-07 12:20:27 -
State holds seminar for homeowners (The Record)
PATERSON -- State banking experts did not have to alert Mildred Balmer to the escalating number of homeowners falling behind on their mortgage payments. Balmer is one of them.
2007-10-07 12:29:41 -
As foreclosures widen, a neighborhood erodes (Boston Globe)
LAWRENCE — Mario DeJesus struggled under crushing mortgage payments for two years. Now, about to lose his home to foreclosure, he has no money left to move his family into an apartment.
2007-10-07 03:56:35 -
Author provides mortgage guidance (Louisville Courier-Journal)
The housing sector isn't showing many signs of improvement. The National Association of Realtors reported -- for the sixth consecutive month -- a decline in the sales of existing single-family houses, townhouses, condominiums and co-ops for August.
2007-10-07 03:14:37 -
Tips to lower anxiety as mortgage rates reset (Boston Globe)
Sometimes there are no easy answers. Just ask Diane Jones, a middle school history teacher who two years ago bought her Danvers apartment when it was turned into a condominium.
2007-10-07 03:57:06