Archive for April, 2008

NY probe on auction-rate securities market creating the stealth new bull market in mortgage securities, stocks, real … (India Daily)

In the middle of all gloom and doom, the market and the US regulators are cleaning the path for a new US economic boom, dollar and mortgage securities. The stock market is already responding to the moves moving sharply higher in April.

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April 18 2008 | Home Loan Mortgage Blog | No Comments »

Nationwide Mortgage Lender Introduces FHA Mortgage Refinance Loans with Higher Home Loan Limits and Cash Out … (PRWeb)

BD Nationwide Mortgage introduces new loan limits for FHA mortgage refinance and home purchase loans. The increased loan limits for FHA mortgages offer a unique opportunity for homeowners to refinance into a lower interest rate loan that is fixed with 15 or 30-year terms. The lender is excited to release the FHA refinance loan that allows cash out up to 95% loan to value. This unique government …

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April 18 2008 | Home Loan Mortgage Blog | No Comments »

LionSaves.com Offers Hassle-Free Mortgage, Debt Consolidation Guidance Without a Catch (PRWeb via Yahoo! News)

Homeowners seeking mortgage guidance can trigger aggressive sales calls by revealing personal info too soon. Now a new website offers free, custom mortgage/debt consolidation analysis without requiring identifying info.

More info about saving $400 a month -> Lionsaves Home Mortgage Debt Consolidation  

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April 18 2008 | Home Loan Mortgage Blog | No Comments »

Should I Consolidate My Debts? (Richfield Reaper)

(ARA) - When you are in debt, it seems like whatever amount of money you owe is overwhelming. If you find yourself wondering if debt consolidation is a possible solution for your financial trouble, you owe it to yourself to look into it.

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April 13 2008 | Home Loan Mortgage Blog | No Comments »

New home loan changes bring no relief (San Francisco Chronicle)

Mortgage relief? What relief? The powers that be have hustled in recent months, trying to make it easier and cheaper to get a mortgage. But despite the Federal Reserve slashing interest rates and Congress raising limits for conforming loans, the home-lending…

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April 13 2008 | Home Loan Mortgage Blog | No Comments »

Banks urge Brown to act so they can pass on rate cuts (Independent)

Britain’s lenders will tell the Government in meetings over the next two weeks that the authorities must intervene to boost liquidity and confidence in the financial system if they are to pass on interest rate cuts to fixed-rate mortgage borrowers and other customers.

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April 13 2008 | Home Loan Mortgage Blog | No Comments »

Wachovia adopts new home loan guidelines (Memphis Commercial Appeal)

Wachovia Corp. is revising the underwriting policies in its mortgage loan business, a step that could make it harder to take out a home loan at the nation’s fourth-largest bank.

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April 12 2008 | Home Loan Mortgage Blog | No Comments »

Mortgage Debacle Strikes Auto, Student Loan Businesses (San Diego Business Journal)

The home mortgage crisis is rippling throughout the county’s financial services industry, affecting local operations that make home, auto and student loans.

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April 11 2008 | Home Loan Mortgage Blog | No Comments »

Mortgage lenders pass on rate cut - but no relief for some (AFP via Yahoo! News)

Britain’s biggest mortgage lenders Thursday announced cuts in mortgage rates, passing on the Bank of England interest rate cut in full — but there was little relief for home owners on fixed rate deals.

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April 10 2008 | Home Loan Mortgage Blog | No Comments »

Washington Mutual Inc. cutting 125 home mortgage jobs in S.A. (San Antonio Express-News/KENS 5)

WaMu is closing its home loan centers across the country and eliminating 3,000 positions. The employees losing their jobs work in home loan mortgage fulfillment.

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April 10 2008 | Home Loan Mortgage Blog | No Comments »

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