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News about Mortgages:
Local housing sales take dip - Newton KansanIt’s hard to flip open a newspaper or visit an on-line news Web site without hearing something related to the housing market and mortgage issues — and most of the news doesn’t seem too encouraging. But despite the national outlook, some are ...
Lincoln National seeks charter change, federal funds - Philadelphia Business JournalFinancial services giant Lincoln National Corp. said Monday that it has agreed to buy Newton County Loan & Savings , and has applied to become a savings-and-loan holding company. The moves would make Lincoln, which does business as Lincoln Financial ...
New guy on the blog - Boston GlobeHey everyone, Scott here, the long-awaited successor to Stacey and Binya. For those who don’t know me, I have been writing about real estate in the Boston area for 17 years now, including the last eight at the Boston Herald. Now I am a freelancer ...
Eddy Lampert's Waterfall - Seekingalpha.comBank trio becomes duo. Wells Fargo ( WFC ) will become the largest U.S. bank by branches with its bid for Wachovia ( WB ), after Citigroup ( C ) withdrew from compromise negotiations late yesterday on concerns about the quality of some of Wachovia's ...
Barney Frank hits Henry Paulson’s shift in bailout spending - Boston HeraldU .S. Rep. Barney Frank yesterday tangled with Treasury Secretary Henry Paulson over the major change in focus of the $700 billion financial-system rescue plan. Frank, a Newton Democrat and head of the House Financial Services Committee, grilled ...
Lincoln Financial buying bank, applying for funds - ForbesInsurance and investment manager Lincoln Financial Group said Monday it is applying to become a savings and loan after reaching a deal to acquire Newton County Loan & Savings FSB. The move will allow Lincoln Financial to apply to receive funds as ...
6 steps to fix the housing market - Boston GlobeThe housing market is beginning to resemble one of those super bugs that are resistant to modern medicine: Despite injections of help from the government and lenders, it's still sick. Foreclosures continue at an alarming pace, sales are few, and ...
Provided by Flagler College - Florida Times-UnionFlagler through the years 1887 - Local icon Henry Flagler builds the luxury resort Hotel Ponce de Leon, which eventually becomes Flagler College's first building. 1968 - F. Roy Carlson, president of Mount Ida Junior College in Newton, Mass., founds ...
Lincoln, Aegon May Buy S&Ls With `Unsafe' Practices to Get Aid - BloombergNov. 17 (Bloomberg) -- Four of the world's biggest insurers may acquire small banks that regulators have cited for improper practices to improve their own chances of getting cash from the $700 billion U.S. government bailout fund. Lincoln National ...
The Madness of Crowds - Commentary MagazineFueled by easy credit, the real-estate market had been rising swiftly for some years. Members of Congress were determined to assure the continuation of that easy credit. Suddenly, the party came to a devastating halt. Defaults multiplied, banks began ...
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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