August 7th, 2008
Aug. 5 (Bloomberg) — Fannie Mae and Freddie Mac , the biggest U.S. mortgage-finance companies, may report net losses through the first quarter of 2009 as home-loan delinquencies rise to the highest on record, analysts’ estimates show. Freddie Read More
Mortgage foreclosures filed with the civil division of the Circuit Court for December 2007. Names in bold are the subject of, or have an interest in, the foreclosure action. Lighter names filed the foreclosure action. Jackson, William, et ux., et al Read More
Most Americans’ net worths are tied up in their home equities, which typically increase as mortgage payments are made and property values rise. That might be news to folks who call Lansing and East Lansing, Mich. , home. There, homeowners average a Read More
Aug. 5 (Bloomberg) — Fannie Mae and Freddie Mac , the biggest U.S. mortgage-finance companies, may report net losses through the first quarter of 2009 as home-loan delinquencies rise to the highest on record, analysts’ estimates show. Freddie Read More
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August 7th, 2008
Mortgage foreclosures filed with the civil division of the Circuit Court for December 2007. Names in bold are the subject of, or have an interest in, the foreclosure action. Lighter names filed the foreclosure action. Jackson, William, et ux., et al Read More
Beth from Massachusetts is confused. She’s got good credit and a home equity loan but now she can’t draw funds from her loan. Watch the video to see what Carmen and the On the Money desk advise for her. Terms of Submission: Thank you for emailing Read More
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August 5th, 2008
Home inventories are upand appreciation ain’t what it used to be. That has sellers worried as real estate shifts further into a buyer’s market. “Buyers are in the driver’s seat now and they know it,” said Jim Merrion, regional director for ReMax Read More
Scott Shaw/The Plain Dealer A blasted-out quarry on Johnson’s Island is lined with luxurious homes and private docks. Construction began this spring on houses belonging to J. Kevin Kelley, left, and Joe Gouker, right. Boats at Kelley’s dock include a Read More
SALISBURY — Holding onto the American Dream of home ownership should get a bit cheaper — at least for a third of the owners of Lower Shore real estate scheduled for a fall re-assessment. Tax bills that arrived in July throughout Lower Shore Read More
MIKE SCHNEIDER, 25, made a sizable down payment when he bought his house more than a year ago, but it was still shy of 20 percent. So, like millions of Americans, he was required to pay private mortgage insurance, which protects the lender in case he Read More
Dear Harry : I bought a car back in 2004, and I was able to get one of those seemingly great financing deals at zero percent for five years. I went to trade this car in on a new one (same car dealer), and I found that the trade-in was worth less Read More
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August 5th, 2008
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'W' spells out more trouble for economyChicago Tribune, United States - 14 hours ago"Perhaps it's when they try to take out a student loan, or a home equity loan to pay for college." Fisher says it will take a long time for the credit …
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August 4th, 2008
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Good News on Reverse MortgagesTheStreet.com - 19 hours agoTheir ability to access the equity in their home does not depend on their ability to repay, as in the case of a home equity loan.
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August 3rd, 2008
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Latest student aid? Kindness from strangersBoston Globe, United States - 17 hours agoOr worse, if they do get a home equity loan, parents risk losing their homes. "Parents think they need to sacrifice for their kids," said Simpson, …
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August 3rd, 2008
WATSONVILLE — Federal legislation signed by the president Thursday aims to bolster the lagging housing market, but whether it will help local homeowners behind on their mortgage payments remains to be seen. Attorney Phyllis Katz of California Rural Read More
SALISBURY — Holding onto the American Dream of home ownership should get a bit cheaper — at least for a third of the owners of Lower Shore real estate scheduled for a fall re-assessment. Tax bills that arrived in July throughout Lower Shore Read More
NEW YORK (CNNMoney.com) — More bad news on the economic front today. GM reported a whopping $15.5 billion loss. And the economy lost 51,000 jobs in July. And even though the number of job losses was lower than expected, the unemployment rate edged Read More
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August 3rd, 2008
Latest student aid? Kindness from strangersBoston Globe, United States - 4 hours agoOr worse, if they do get a home equity loan, parents risk losing their homes. "Parents think they need to sacrifice for their kids," said Simpson, …
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Homeowners can expect lower taxesDelmarva Now, MD - 36 minutes ago"(But) if you need credit, a home equity loan, there is less money to borrow on the (lower-valued) property. "If the assessed base comes down, …
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