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News about Mortgages:
Local foreclosure SOS being heard - NewsdayAfter she was laid off two years ago, Rosemarie Cino tried talking to her mortgage lender when she fell $8,000 behind on her mortgage despite her jobs walking dogs, cleaning swimming pools and driving for Federal Express. "They didn't even want to ...
Sellers: How to keep a sale from falling through - NewsdaySellers already are scrambling to find buyers who are willing to pay a price they want. Now comes word from Realtors and real estate attorneys that some sales are going into contract but never make it to closing. It is unclear exactly how many Long ...
Hedge-Fund Billionaires to Testify at Waxman Hearing on Crisis - BloombergNov. 12 (Bloomberg) -- U.S. Representative Henry Waxman plans to question the world's richest hedge-fund managers tomorrow about their role in the global markets selloff and whether their industry is a risk to the financial system. George Soros, John ...
Small-Cap Stocks Trail S&P 500 by Most in Six Years (Update2) - BloombergOct. 31 (Bloomberg) -- The smallest U.S. companies are trailing larger stocks by the widest margin in six years after hedge funds sold equities to pay back customers. The Russell 2000 Index , where hedge funds own an average 13 percent of shares ...
Smithtown Bancorp Announces Third Quarter Earnings - MSN MoneyCentralSmithtown Bancorp (NASDAQ: SMTB), the parent company of Bank of Smithtown, today announced that the Company had earnings for the third quarter of 2008 of $4,607,000 or $.47 per share. These figures represent an 21% increase in net income and a 21 ...
Old Field's Jim Simons testifies before Congress - Village Times HeraldThe billionaire CEO of Renaissance Technologies LLC of East Setauket, Jim Simons, 70, of Old Field and Manhattan, was summoned before Congress Thursday to address the hedge fund industry situation and its impacts on the financial meltdown on Wall ...
Today's Mortgage Terms starting with G
Good Faith Estimate: A written estimate of the closing costs the borrower will most likely have to pay based on common local practices. Under the Real Estate Settlement Procedures Act (RESPA), the lender is must provide this disclosure to the borrower within three days of receiving a loan application.
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