Mortgage and Financial News From 2007-9-9 Page 10
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Financial advice offered at Kiwanis meeting
Americus Times-Recorder - George Torbert of America's First Mortgage Lending Co. and Lewis Webb of the local A.G. Edwards office spoke at the Kiwanis meeting Friday about the current turmoil of the U.S. housing industry. Torbert said many homeowners with subprime mortgages ...
2007-09-07 05:55:00 -
Peter Boutell: Financial tips for homeowners
Santa Cruz Sentinel - If in doubt of exactly what your note says, seek the advice of a seasoned mortgage professional to help you understand your current mortgage. Today, more than ever, homeowners who are planning on selling their homes need to be realistic about their ...
2007-09-09 04:53:00 -
Warning on 'mortgage rescue' firms
Observer - Hayley Rowley, a specialist adviser with Citizen's Advice, said the mortgage rescue companies' activity has increased in line with mortgage arrears and repossessions, and some are becoming increasingly aggressive. Homeowners are often contacted by ...
2007-09-08 04:43:00 -
Paying off a mortgage can help make retirement more comfortable
South Coast Today - Toayoa Aldridge, a District of Columbia resident who attended a different presentation by Financial Independence, was also concerned about the mortgage advice she heard at the meeting. Aldridge was initially interested in refinancing a mortgage that ...
2007-09-09 08:49:00 -
SUSAN TOMPOR: Foreclosure, tax bill a 1-2 punch (Detroit Free Press)
The last thing somebody who couldn't pay the mortgage would expect is a tax document in the mail that proclaims they magically got an extra $20,000 in income they never touched. But that's exactly the tortured tax picture that faces many troubled homeowners in Michigan and elsewhere.
2007-09-09 12:28:07 -
Paying off a mortgage can help make retirement more comfortable (The Standard-Times)
WASHINGTON — African Americans are often the target of financial pitchmen trying to convince them they should never pay off their mortgages.
2007-09-08 10:10:10 -
Warning on 'mortgage rescue' firms (Guardian Unlimited)
Debt-ridden homeowners sell up to companies and rent their property back - but they can then face eviction.
2007-09-08 05:49:44 -
Financial advice offered at Kiwanis meeting (Americus Times-Recorder)
George Torbert of America's First Mortgage Lending Co. and Lewis Webb of the local A.G. Edwards office spoke at the Kiwanis meeting Friday about the current turmoil of the U.S. housing industry.
2007-09-08 06:53:08 -
Warning on 'mortgage rescue' firms (The Observer)
Homeowners struggling with spiralling mortgage costs have been warned to beware of companies which promise a quick way out of debt but could cost them their houses.
2007-09-08 04:01:23 -
Mortgage debt isn't always a smart plan (Louisville Courier-Journal)
African Americans are often the target of financial pitchmen trying to convince them that they should never pay off their mortgages. Instead, the line goes, people should dig deeper into mortgage debt to buy cars, fund their chosen lifestyles or to invest. The suggestion is that paying off your mortgage is akin to being a chump.
2007-09-09 02:56:59 -
Victory for widow who took on the life insurers
Observer - The Callerys took out the life policy through Barclays Direct Mortgages when they remortgaged in June 2003, after one of its mortgage specialists calculated they could save money by switching the life insurance they already had to Legal & General ...
2007-09-08 05:18:00 -
Week in review
Milwaukee Journal Sentinel - MGIC shares have plunged 57% since the Milwaukee-based company announced plans in February to acquire Radian and control more than a third of the U.S. mortgage insurance market. INTERNATIONAL TRADE Oshkosh Truck wins Chinese order In one of its largest ...
2007-09-08 01:58:00 -
Buyers find welcome mat
Cincinnati Enquirer - Market Risk Index, released by the Private Mortgage Insurance Co. in June, reported that the Cincinnati Metropolitan Statistical Area is among the least likely markets (7 percent chance) to see homes decline in value in the next two years. Daniel M ...
2007-09-09 02:22:00 -
The check's not in the mail
Las Vegas Sun - Also in politics, gaming lobbyist Billy Vassiliadis, known to politicians as "Billy V," has overlooked a $229 check from the defunct telephone company Centel Corp. , which lost his address, and $465.88 from General Electric Mortgage Insurance ...
2007-09-09 01:54:00 -
Property sales
Lafayette Journal and Courier - Federal National Mortgage Association to Mortgage Guaranty Insurance Corp. March 16: 4939-4941 N. Indiana 43, West Lafayette; $97,000; HSBC Bank USA to 3MG April 27: 5140 New Castle Road, Lafayette; $146,000; Steven E. Gooden to Paula C. Korpita May 5 ...
2007-09-09 05:07:00