Equity Loans

Archive for November, 2007

Chase Adopts Loan Benefits to Help Expanding Families - WELT ONLINE (Equity Loan News)

Friday, November 30th, 2007

Chase Adopts Loan Benefits to Help Expanding FamiliesWELT ONLINE, Germany - Nov 26, 2007Chase today introduced New Additions, a discounted home-equity loan program to help families pay the often steep expenses of adopting a child. …

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Sabah

E*Trade Still Has IssuesTheStreet.com - Nov 29, 2007To see why, one needs look no further than its portfolio of home equity […]

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American set to shed Eagle unit (Equity Loan News)

Thursday, November 29th, 2007

Fort Wayne Journal Gazette - Wells Fargo, the fifth-largest U.S. bank, waded into the mess by saying it will recognize $1.4 billion in losses in the fourth quarter on home-equity loans that aren’t being repaid as the real estate slump deepens in California, the Midwest and Read More
Minneapolis Star Tribune - […]

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Print Single page view Reprints Post Comment Text size: (Equity Loan News)

Thursday, November 29th, 2007

Newsday - A reverse mortgage is a loan issued to seniors based on their life expectancy and home equity. Payments can be taken monthly, through a credit line or in a lump sum. Seniors who qualify financially may get Medicaid community home-care benefits. To Read More
Bloomberg - Macquarie, MBK Seek 500 […]

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Mortgage Rate Hits 55-Month High - Korea Times (Equity Loan News)

Thursday, November 29th, 2007

Mortgage Rate Hits 55-Month HighKorea Times, South Korea - 19 hours agoBy Yoon Ja-young The lending rate for home equity loans rose to its highest level in four years and seven months. The rate on loans for small and medium …

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wells fargo to take special provision of $1.4 billion to bolster …金融界, China - Nov 27, 2007"given […]

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Stock rebound may have legs (Equity Loan News)

Wednesday, November 28th, 2007

CNN Money - Hopes for banking mergers will be balanced by more hard news of credit woes in the sector. Wells Fargo ( Charts , Fortune 500 ) said late Tuesday it would take a $1.4 billion hit in the fourth quarter for loan losses related to home equity loans. Mortgage Read […]

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New Online Mortgage Auction Site Revolutionizes Home Loan Process … - PR Web (press release) (Equity Loan News)

Wednesday, November 28th, 2007

PR Web (press release)

New Online Mortgage Auction Site Revolutionizes Home Loan Process …PR Web (press release), WA - 11 hours ago… provides lenders with a variety of real-time high-quality leads, including home loan purchase, home loan refinance and home equity loans. …

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Sydney Morning Herald

Reverse mortgages defendedSydney Morning Herald, Australia - 19 hours ago… year-old with a 15% […]

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Citigroup news rallies Wall Street (Equity Loan News)

Wednesday, November 28th, 2007

Minneapolis Star Tribune - Housing prices in historic drop Abu Dhabi fund agrees to invest $7.5 billion in Citigroup Home equity loans tapped out? Edina’s Al Johnson men’s store is closing State could gain jobs from ‘green,’ study says NEW YORK - Wall Street rebounded Tuesday Read More
Slate - Sure, that’s […]

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Private equity firms find lots of ways to dump bad deals. - Slate (Equity Loan News)

Tuesday, November 27th, 2007

Private equity firms find lots of ways to dump bad deals.Slate - 2 hours agoIn April, JC Flowers, the private equity shop that specializes in financial-services companies, agreed to buy student-loan profiteer Sallie Mae for $25 …

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Defaults in home loans may riseBusiness Standard, India - 4 hours agoA decline in the equity market could lead to […]

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Mortgage woes creates trim - Cay Compass (Equity Loan News)

Tuesday, November 27th, 2007

Mortgage woes creates trimCay Compass, Cayman Islands - 15 hours agoIn addition to the common second mortgage, or home–equity loan, a popular method was to refinance with a larger mortgage reflecting a home’s greater market …

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A secured loan offers an affordable optionThrifty Scot (press release), UK - 11 hours agoThe loan is usually secured against the equity […]

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JPMorgan, Citigroup to cut jobs (Equity Loan News)

Tuesday, November 27th, 2007

News.com.au - The bank has discontinued, for example, all subprime home equity loans. JPMorgan has said that it expects to originate about $US1 billion ($1.4 billion) subprime loans per month. Citigroup to slash jobs Citigroup, America’s second biggest banking group Read More
Reuters UK - downgraded its rating on […]

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