Mortgage and Financial News From 2007-10-15 Page 27
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Kamco rebuffs share swap
AME Info - ... rebuffed a report last week in the Arabic Al Watan newspaper that it wanted to buy Zumorroda Investment's stake in mortgage ... The content of the AME Info Web site does not constitute advice or a recommendation by AME Info FZ LLC / Emap Communications ...
2007-10-14 09:43:00 -
Call for urgent rules on sale and leaseback
The Independent - Citizens Advice, the independent consumer group, has called for the urgent regulation of residential sale and leaseback ... Michael Stokes from Wolverhampton, who recently agreed to one of the schemes as he was struggling to keep up with his mortgage ...
2007-10-14 05:26:00 -
Harry Gross | Reader surprised by shifting "fixed" rate
Philadelphia Daily News - A fixed-rate mortgage never changes during the life of the mortgage, so why should this not be the case with a credit card? ... Could you give me some details and advice on this stuff? I'm 58, married, grown children, combined income of about $70,000 ...
2007-10-14 11:52:00 -
Marriage advice for Mrs. Bush
Norman Transcript - Marriage advice for Mrs. Bush The Norman Transcript BEVERLY HILLS -- God bless America, and how's everybody? Laura Bush vowed ... The White House unveiled a new mortgage industry coalition Thursday. The coalition will help adjustable-rate borrowers avoid ...
2007-10-14 09:58:00 -
Call for urgent rules on sale and leaseback (Independent)
Citizens Advice, the independent consumer group, has called for the urgent regulation of residential sale and leaseback schemes, after a sudden surge in their popularity has left thousands of elderly people in danger of being made homeless.
2007-10-14 05:52:50 -
Kamco rebuffs share swap (AME Info)
Kuwait Asset Management (Kamco) has rebuffed a report last week in the Arabic Al Watan newspaper that it wanted to buy Zumorroda Investment's stake in mortgage provider, the Housing Finance Company, via a share swap, according to Reuters.
2007-10-14 10:26:36 -
Calculate how much mortgage you can afford (The News Journal)
Perhaps the most anxiety-ridden part of house hunting is figuring out how much you can afford.
2007-10-15 01:01:45 -
Hearing To Focus On Mortgage Inequalities (WCVB Boston)
Rep. Barney Frank plans to host a special congressional hearing on racial disparities in the mortgage lending industry in Boston.
2007-10-14 11:31:52 -
Banks plan joint fund to buy risky debt
Miami Herald - Citigroup Inc. and other big banks are working on a plan to support the market for mortgage-backed securities and other investments by jointly creating a fund that would buy as much as $100 billion of the debt, according to published reports. The ...
2007-10-14 05:19:00 -
Many Metro blacks feel isolated in suburbs
Detroit News - After they tallied their expenses -- the tuition they spent for private schools, auto insurance, city and property taxes ... mother raising two boys, left a new four-bedroom house in the Brightmoor section of Detroit that had a $400 monthly mortgage ...
2007-10-14 10:41:00 -
Rubio walks a fine line on tax issue
Miami Herald - House Speaker Marco Rubio waved a letter from a 75-year-old Miami woman desperate to lower her ''overwhelming'' $10,091 tax bill on her small childhood home that she rents out in Coral Gables. The letter is proof, he told a crowd of mortgage brokers ...
2007-10-14 11:52:00 -
For happier holidays, wrap up shopping early
Fort Lauderdale Sun-Sentinel - Buying presents for family and friends could be added financial pressure for consumers who are already struggling to make mortgage payments and pay escalating insurance bills, Cecere said. A recent insurance premium boost and upcoming property tax ...
2007-10-14 11:52:00 -
Loans squeeze homeowners
Asbury Park Press - Now the Duncans have set up the escrow account to pay taxes and homeowners insurance, but their mortgage payments are now $200 a month higher than their total debt payments were before they refinanced. The Duncans attempted to talk to their lender ...
2007-10-14 05:19:00 -
Branson to begin ad push for lender
Boston Globe - ... offer products like credit cards and insurance plans. In the United States, Virgin Money will start offering student loans sometime next year in addition to CircleLending's current business arranging and administering personal, business, and mortgage ...
2007-10-14 11:31:00 -
UPDATE 1-Northern Rock says proposals received "preliminary"
Reuters - ... is working with "a number of potentially interested parties" on options for its future, but the troubled mortgage bank said ... Branson's consortium includes U.S. insurance group AIG (AIG.N: Quote , Profile , Research ), buyout firm WL Ross, investment ...
2007-10-14 11:52:00