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News about Mortgages:
Foreclosure mediation, relief for the 'little guy’ - Minneapolis Star TribuneMinnesota Attorney General Lori Swanson outlined a plan Thursday to force mortgage lenders to negotiate with homeowners before foreclosing on their homes. With an anticipated 36,000 Minnesota homeowners facing foreclosure in 2009, Swanson said she ...
Mortgage Monday: Reverse Mortgages & Inauguration Rental - ABC2 NewsThe federal Housing Administration just announced they have raised loan limits for reverse mortgages. Carl Delmont talks with Megan about the new level of $417,000 and what the higher limit now means for home owners and buyers. He also answers a ...
Areas’ employment remains stable - Troy RecordIn October, the state lost nearly 14,000 private sector jobs, but the Capital District’s average, not seasonally adjusted, unemployment rate of 4.9 percent was slightly lower than the state’s rate at 5.5 percent and the national rate at 6.5 ...
Feds launch new effort to renegotiate mortgages - Waterbury Republican-AmericanWASHINGTON — The government and the mortgage industry are launching the most sweeping effort yet to help troubled homeowners by speeding up the process for renegotiating hundreds of thousands of delinquent loans held by Fannie Mae and Freddie Mac ...
A simple plan to fix the economy - Timberjay NewspapersA simple plan to fix the economy By Letter to the editor from Troy Swanson- Tower, Minn. The current lack of direction from Treasury Secretary Paulson on the $700 billion plan to relieve the US banking system of bad loans had me thinking the other ...
FDIC: Plan could help 1.5 million keep homes - Herald NewsWASHINGTON -- Publicly breaking with the Bush administration's official stance, the Federal Deposit Insurance Corp. proposed Friday to use $24 billion in government funding to help 1.5 million American households avoid foreclosure. Where to find that ...
Pulse of the People: Nov. 20 - Troy RecordI own a home in Cohoes. My tax liability is fast becoming prohibitive. I may have to sell my home or leave it vacant if it continues to rise. Since my mortgage was 100 percent and I have little equity, I wouldn't be losing much to do so. I want to do ...
Our View: Housing market down, with a little ‘up’ side - New Richmond NewsThree area real estate agents had an interesting presentation at Monday’s Rotary Club of New Richmond noon meeting. The trio provided a snapshot of what the real estate market looks like locally at the present time. The numbers are enlightening ...
Regional Digest - HometownAnnapolis.comBALTIMORE - A Baltimore man who participated in a plot to steal more than $50,000 from a Howard County Wal-Mart store will spend 38 years in prison. A federal judge sentenced 30-year-old Troy Henley yesterday for the August 2006 armed robbery in ...
Teacher was drunk when struck by train - Milwaukee Journal SentinelNov. 21, 2008 9:42 a.m. | Auburndale - A newly released toxicology report shows the Marshfield High School teacher killed by a freight train was highly intoxicated when his minivan was crushed by a train. The Wood County Coroner's Office released the ...
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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