Mortgage and Financial News From 2007-11-25 Page 18
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Buying isn't always the smartest option
Boston Globe - Broad chose the lower number, checked out current mortgage rates, and looked at Pennucci's tax return to calculate potential tax savings. The result: With a 6.25 percent fixed-rate 30-year mortgage, with no money down, monthly costs would come to $1 ...
2007-11-24 07:41:00 -
Peter Boutell, Lending a Hand: No change for conforming loan limits in ...
Santa Cruz Sentinel - Fannie Mae and Freddie Mac are the nation's largest investors in home loans and set the standards for mortgage rates for the 15- and 30-year fixed-rate loans. Every year in late November Fannie Mae and Freddie Mac announce the new conforming limits ...
2007-11-24 11:51:00 -
Screen Gems | Coming this week on TV and at the movies
Miami Herald - Charles Schulz may be gone, the little kids who voiced the characters may be middle-aged couch potatoes ranting about hip-hop music and mortgage rates, but Charlie Brown's fears that the meaning of Christmas gets lost beneath a thick layer of ...
2007-11-24 11:51:00 -
Mortgage rates fall to six-month low (Denver Post)
Mortgage rates sank last week, with rates on 30-year mortgages dropping to a six-month low, a spot of welcome news to would-be home buyers.
2007-11-25 12:14:16 -
Discuss this article
Herald Tribune - Though court documents show that Bonds paid $900,000 for the house and received $900,000 in loans from NovaStar Mortgage in ... Otherwise, it would be fraud." Prairie also felt the need to check out the deal and the people involved. "My first thought ...
2007-11-25 12:20:00 -
Joining the losing side
Scotsman - Credit agency Experian has warned that if they fall prey to such fraud, they may then be credit blacklisted, leaving them unable to obtain a mortgage, a bank loan or a credit card. In Edinburgh, Darling's statement had set the alarm bells ringing ...
2007-11-24 06:29:00 -
Prime deal, prime debacle for Rocky Point investors
AZCentral.com - ... on acquiring stakes in Mexico and have shown that even U.S. buyers may face paralyzing disputes and potential fraud, along ... Neimeier said there was a 30 percent savings for full cash payment, so in 2005 he took a second mortgage on his Phoenix house ...
2007-11-24 11:08:00 -
Brown suffers opinion poll setback
Reuters UK - That popularity has evaporated after mortgage lender Northern Rock was hit by Britain's first run on a bank in 140 years and the revelation that almost half the country's population may have been put at risk of identity fraud. Britain's tax authority ...
2007-11-25 12:27:00 -
News Minute: Malibu wildfire...Troop repositioning in Iraq...Broadway ...
WDAM-TV - ... McMillin shuffles police department staff 2 men charged with home repair fraud ... The Latest in House and Home House & Home Main Today's Mortgage Rates In the Know Movie ... Associated Press - November 25, 2007 12:53 AM ET MALIBU, Calif. (AP ...
2007-11-24 06:36:00 -
Steven Philippsohn: He used to search through knickers. But now it's ...
The Independent - It wasn't a good week to admit to being one of the Government's key advisers on fraud. With the bank account details of 7.5 ... He argues that the sub-prime mortgage crisis is sure to unearth a number of Barings-style frauds, and sees China's counterfeit ...
2007-11-24 03:59:00 -
More trouble in sight
Pioneer Press - The state Department of Commerce has stepped up investigations of real estate and mortgage fraud. Gov. Tim Pawlenty recently announced an additional $1 million to beef up foreclosure prevention counseling across the state. Nationally, banking ...
2007-11-24 09:57:00 -
How to guard against ID fraud threat
Times Online - If you are a victim of ID fraud, your bank will usually register you free with its service. Once you are registered, your name and address is earmarked. When you apply for a loan, credit card or mortgage you will be asked more personal questions than ...
2007-11-24 03:44:00 -
Housing prices still in decline
AZCentral.com - Anthony Sanders, professor of real-estate finance at ASU, said mortgage fraud must be tackled. "Mortgage fraud, by both borrowers and insiders, must be identified and prosecuted in order for faith to be restored in the market," he said. Other top tips ...
2007-11-24 06:07:00 -
What to do if you're facing foreclosure
Everett Herald - But the loan officer who put him into that loan committed mortgage fraud, and even though the buyer went along with it, the loan officer is the professional who should have known better. Unfortunately, there is nothing we can do to help a homeowner in ...
2007-11-24 11:51:00 -
Empty, foreclosed homes invite criminals
Arizona Daily Star - Eighty-five bungalows dot the cul-de-sac that joins West Ontario Avenue and East Ontario Avenue in Atlanta. Twenty-two are vacant, victims of mortgage fraud and foreclosure. Now house fires, prostitution, vandals and burglaries terrorize the ...
2007-11-24 11:44:00