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News about Mortgages:
3Q auto-loan delinquency rate jumps 15.9 percent - Yahoo FinanceNEW YORK (AP) -- The percentage of auto loans that were past due 60 days or more rose 15.9 percent in the third quarter compared to last year, according to credit reporting agency TransUnion. The rate rose to 0.80 percent of outstanding loans, from 0 ...
De facto US envoy believes Obama won't change Taiwan policy - Raw StoryThe de facto US envoy to Taipei said Thursday he believes President-elect Barack Obama will not change Washington's policy on Taiwan since its "consistency" has aided the island's recent prosperity. Stephen Young, director of the American Institute ...
Rate portfolio before paying off mortgage - Baltimore SunQ: Should we pay off our mortgage? We have five years and $40,000 to pay down at a mortgage rate of 4.7 percent. The monthly payment is $675. We are both 67 and retired with a monthly income between Social Security and pensions of around $4,300. We ...
St. Petersburg Times Special Report - St. Petersburg TimesA Tampa house with a tarp for a roof and boards shuttering the windows sold for $300,000 in 2006 with the help of a no-money-down mortgage from a subsidiary of Washington Mutual Bank. The owner defaulted; WaMu owns it now. Listed for $52,000, the ...
JPMorgan plans to retain 24,000 jobs at WaMu - Times of IndiaNEW YORK: Global financial services provider JPMorgan Chase, which had acquired the troubled Washington Mutual, expects to retain about 24,000 employees of the savings and loan association, a media report said. "The company would retain the 22,000 ...
JPMorgan plans to retain 24,000 jobs at WaMu: Report - Economic TimesNEW YORK: Global financial services provider JPMorgan Chase, which had acquired the troubled Washington Mutual, expects to retain about 24,000 employees of the savings and loan association, a media report said. "The company would retain the 22,000 ...
JPMorgan Plans To Ax The WaMu Suits - ForbesUp to 19,000 employees of Washington Mutual face being laid off this weekend as JPMorgan Chase turns up the synergy on its recent acquisition. On Friday, JPMorgan Chase (nyse: JPM - news - people ) said it expects to retain the 22,000 employees who ...
REAL ESTATE: Second indictment in foreclosure investigation - North County TimesRIVERSIDE ---- A Murrieta resident pleaded not guilty to charges of mortgage fraud late Wednesday afternoon in the second criminal prosecution to stem from a group of 120 foreclosed houses in the area. A federal grand jury indicted Dow Duncan on two ...
A case study in housing collapse - St. Petersburg TimesTAMPA — Thousands of miles from the trading floors of global stock markets, an abandoned house in one of Tampa's poorest neighborhoods is an improbable place to learn about why the world's financial system is collapsing. But if you want to ...
Troubled Assets: The Untried Remedy - Lewrockwell.comThe central problem of the current financial difficulties is troubled assets. These are loans whose value has fallen sharply. The loans are owned or held by financial firms such as banks, insurance companies, mortgage lenders, broker-dealers, hedge ...
Today's Mortgage Terms starting with V
VA Loans: Fixed-rate loans guaranteed by the U.S. Department of Veterans Affairs for the purpose of making housing affordable to eligible U.S. veterans.
Variable Rate: Interest rate that changes periodically in relation to a specific index such as treasury bills and the prime rate.
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