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Former First Tennessee workers team up with Knoxville lender - Memphis Commercial AppealWith home sales and the mortgage business reaching 20-year lows, it would seem a strange time to jump into mortgage lending in Memphis. Not for Mortgage Investors Group , the 20-year-old Knoxville company that has never been in West Tennessee, or for ...
Hot Zips For Memphis Home Burglaries - Eyewitness NewsThe stats for Frayser and Parkway Village are about the same as last month. Two of the zips, 38115 and 38116, saw significant dips in home break-ins. Meanwhile, in Raleigh, residents there see trouble because of the mortgage crisis. James Flemings ...
Memphis Housing market works to first-time homebuyers' advantage - Memphis Commercial AppealDarrin Earl figures the lower prices and interest rates in today's real estate market make this a good moment for him to become a homebuyer. A single, 33-year-old FedEx employee, Earl has been looking for a home to purchase for three months. Ben Fant ...
Choose Another City: - Birmingham Business Journalbizjournals Albany Albuquerque Atlanta Austin Baltimore Birmingham Boston Buffalo Charlotte Cincinnati Columbus Dallas Dayton Denver Greensboro Honolulu Houston Jacksonville Kansas City Los Angeles Louisville Memphis Milwaukee Mpls./St. Paul ...
Fannie, Freddie Mortgage Bonds Rally on Fed’s MBS Purchase Plan - BloombergNov. 25 (Bloomberg) -- Yields on Fannie Mae and Freddie Mac debt fell by the most on record relative to benchmarks, leading gains in credit markets after the Federal Reserve committed $800 billion to help Americans obtain mortgages and consumer loans ...
Haven’t Sold, Wanna Buy? Bridge the Gap - Newport Plain TalkIt’s a buyer’s market. Many people are excited by the bargains. But what if you want that new house but haven’t sold the old one? You can bridge the gap and still get that new house…… Wow. There are some really great bargains out there ...
Tennessee warns of rise in foreclosure scams - Nashville TennesseanScams built around false promises to help borrowers facing foreclosure hold onto their homes — perhaps perpetrated by some of the same people who issued predatory loans to begin with — appear to be on the rise, the state's attorney general told ...
Fed Commits $800 Billion More to Unfreeze Lending (Update5) - BloombergNov. 25 (Bloomberg) -- The Federal Reserve took two new steps to unfreeze credit for homebuyers, consumers and small businesses, committing up to $800 billion. The central bank will purchase as much as $600 billion of debt issued or backed by ...
Trustee alleges brokers bribed fund manager - CNN MoneyNEW YORK (Fortune) -- A lawsuit filed in the wake of the spectacular explosion of a once-sleepy cash management firm in the summer of 2007 is pointing to a corrupt business relationship between its head trader and some brokers as the basis for its ...
Another US bailout, this time it's $800 bn - Business StandardThe Federal Reserve took two new steps to unfreeze credit for homebuyers, consumers and small businesses, committing up to $800 billion. The central bank will purchase as much as $600 billion in debt issued or backed by government-chartered housing ...
Today's Mortgage Terms starting with R
Refinancing: The repaying of a debt with the proceeds from a new loan using the same property as collateral. The reason for refinancing is to get a lower interest rate.
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