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| News | ZoomItIn News Results for bad credit refinance mortgage |
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It's bad idea to use credit card to pay mortgageSat, 15 Nov 2008 22:14:50 -0700 Dear Debt Adviser, I have a mortgage of $213,000 on a home valued at $276,000. My credit score is 713. http://www.goerie.com/apps/pbcs.dll/article?AID=/20081111/BU... |
De-Leverage Your WalletThu, 20 Nov 2008 10:41:05 -0700 There are plenty of lessons to be gleaned from our current economic turmoil. One of the most important ones is so simple that evidently all the Wall Street suits thought it beneath them. The silly little rule they ignored? Leverage is bad. In other words, borrowing money to buy stuff you can't afford doesn't always work out so well. http://news.yahoo.com/s/fool/20081120/bs_fool_fool/rx9944 |
GMAC applies to become bank holding company, qualify for federal aidThu, 20 Nov 2008 05:54:56 -0700 This firm entered into unfamiliar business, home refinance consolidation loans, retail department store inventory financing,home financing, … read more and they entered at a time that homeowners and department stores were already in trouble. What were they thinking. http://www.startribune.com/business/34799379.html |
Experts: Baltimore Area Housing Crunch Not AwfulThu, 20 Nov 2008 13:22:23 -0700 The economy is taking its toll on housing markets across the country, and while Baltimore has been affected, it's not as bad as most of the country, experts say. http://www.wbaltv.com/news/18025831/detail.html?rss=bal&psp=... |
She got the car, he got the bad credit scoreSun, 16 Nov 2008 15:38:12 -0700 http://www.latimes.com/business/la-fi-montalk16-2008nov16,0,... |
Color of Money Book ClubThu, 20 Nov 2008 14:36:35 -0700 Personal finance columnist Michelle Singletary hosted an online discussion with author Laurence Shatkin and editor Sue Pines, the brains behind "150 Recession-Proof Jobs," on Thursday, Nov. 20 at Noon ET. http://www.washingtonpost.com/wp-dyn/content/discussion/2008... |
De-Leverage Your WalletThu, 20 Nov 2008 10:41:05 -0700 How to right your overspent wrongs starting now. http://biz.yahoo.com/fool/081120/rx9944.html?.v=1 |
The housing crisis: How to copeTue, 18 Nov 2008 06:09:09 -0700 Â For those who have mortgages that exceed the value of their homes, or cannot otherwise afford to make the mortgage payments, here are some tips you might find useful. http://www.wickedlocal.com/saugus/news/x1751718990/The-housi... |
Facing Crisis, Congress Makes SenseMon, 17 Nov 2008 06:07:37 -0700 Most Congressional hearings are big on windy speeches and short on actual substance. And according to The New York Times’s Joe Nocera, hearings on mortgage modifications and hedge funds could have been just more of the same. http://dealbook.blogs.nytimes.com/2008/11/17/facing-crisis-c... |
Lawyers boom while others bustWed, 19 Nov 2008 01:39:19 -0700 Glen Gates' law office in Fresno has been busy lately. Business has been booming. "The practice has taken off," he said. "The volume has increased tremendously." http://www.mercedsunstar.com/167/story/554453.html |
Get right side up by modifying home loanSun, 16 Nov 2008 01:16:24 -0700 Question: I read your column last Sunday where you said home values will probably fall another 5 percent to 10 percent next year. That's bad news to us since our home value is already less than our total mortgage balance. We bought our home two years ago with a zero-down loan. http://www.heraldnet.com/article/20081116/BIZ/711169924/1005 |
`Dubai Dream' May Be Over on Lower Oil Price, Citigroup SaysTue, 18 Nov 2008 09:14:08 -0700 ``We believe it is safe to say the Dubai dream is perhaps over,'' Citigroup economist Mushtaq Khan said in a report e- mailed today from London. http://www.bloomberg.com/apps/news?pid=20601085&sid=aKyMem0z... |
Street of risk and lossSun, 16 Nov 2008 13:02:21 -0700 It produced easy money for specula-tors and mortgage brokers and short-lived happiness for families who bought houses they couldn't afford to keep. Few streets in the county have witnessed as dramatic a turnaround as Little Lake. http://www.signonsandiego.com/news/metro/20081116-9999-1n16l... |
U.S. housing crash spawns big lawsuitsSun, 16 Nov 2008 23:04:54 -0700 A flood of legal claims -- of fraud, discrimination, predatory lending and more -- has followed the sharp downturn in the American real-estate market. Some borrowers are even seeking compensation for the hits to their credit ratings. http://finance.sympatico.msn.ca/banking/mortgages/article.as... |
Dubai dream may be over on lower oil price: CitigroupTue, 18 Nov 2008 14:34:25 -0700 LONDON: The “Dubai dream” may be over because lower oil prices will leave smaller fiscal surpluses among its crude-exporting neighbours to invest in the emirate, said Citigroup. http://www.gulf-times.com/site/topics/article.asp?cu_no=2&it... |
Street of risk and lossSun, 16 Nov 2008 07:34:11 -0700 Greed and naivete collided on Little Lake Street in the fall of 2004. It produced easy money for specula-tors and mortgage brokers and short-lived happiness for families who bought houses they couldn't afford to keep. Few streets in the county have witnessed as dramatic a turnaround as Little Lake. http://www.signonsandiego.com/news/metro/20081116-9999-lz1n1... |
YOUR STORIES: Living Paycheck To PaycheckMon, 17 Nov 2008 15:22:31 -0700 Kelly from Bay City, Mich. The economy has caused my employer to cut me to a 3/4 worker, cutting my wages but still putting me above the line to qualify for underemployment. I've spent months searching for a new job without luck. http://www.wsbtv.com/money/17506004/detail.html?rss=atl&psp=... |
When couples split, no one wants the houseMon, 17 Nov 2008 11:17:12 -0700 During the real-estate boom, couples who divorced would fight over who got the house, betting that the winner could get rich from rapidly escalating prices. Spouses plunked down thousands to buy out their partner. Disposing of the ''marital asset'' was easy, since homes were selling in a day or two for inflated prices. http://www.palmbeachpost.com/news/content/local_news/epaper/... |
'Workout' loan can stave off foreclosureSat, 15 Nov 2008 08:59:47 -0700 Interest-only mortgage can be a win-win, at least temporarily. http://www.azcentral.com/rsslinks/816421 |
A tale of two hearingsSat, 15 Nov 2008 04:26:51 -0700 Something happened this week in the U.S. Congress that could just restore one's faith in the legislative process: Lawmakers and financiers actually made progress together on tackling the credit crisis. http://www.iht.com/articles/2008/11/14/business/wbjoe15.php |
October Foreclosures Present Good News, Bad NewsFri, 14 Nov 2008 23:05:29 -0700 October was the epitome of one step forward, two steps back on the foreclosure front in Shelby County. While residential foreclosures decreased compar.... http://www.memphisdailynews.com/editorial/Article.aspx?id=39... |
Haverhill woman's tale of housing woe offers view into global financial crisisSat, 15 Nov 2008 22:31:24 -0700 Marie Martinez rode the real estate wave for a decade, buying property worth, on paper, more than $1 million. Then she hit the rocks and lost everything. Martinez's story mirrors those of millions of Americans caught up in the real estate frenzy that ended in one of the worst global financial meltdowns since the Great Depression. http://www.eagletribune.com/punews/local_story_321002514.htm... |
Freddie Asks Treasury for $13.8 Billion After Loss (Update5)Fri, 14 Nov 2008 16:29:09 -0700 Nov. 14 (Bloomberg) -- Freddie Mac , seized by the government two months ago, asked the Treasury for $13.8 billion after a record quarterly loss caused its net worth to fall below zero. http://www.bloomberg.com/apps/news?pid=20601009&sid=ahYrzXda... |
2009 economic forecast grimSat, 15 Nov 2008 07:35:16 -0700 The worst recession to hit the state and nation in more than two decades could extend beyond next year, sapping consumer spending and extending the housing slump. Sonoma County's median home price could fall below $300,000, according to a new forecast. http://www.pressdemocrat.com/article/20081115/news/811150334... |
Adult children moving back home with parentsFri, 14 Nov 2008 19:29:45 -0700 Extended families sharing a home was once an American tradition. Now with rising foreclosures and layoffs, it's a necessity. But there is a silver lining. Donald Garcia, 35, and his wife, Augustine, were living in a Burbank apartment when Augustine's mother approached them for help. She had refinanced her three-bedroom Tujunga home a year and a half earlier with an interest-only loan, and ... http://www.latimes.com/classified/realestate/news/la-hm-back... |
Freddie Mac Posts Record Loss, Asks for $13.8 Billion (Update1)Fri, 14 Nov 2008 06:16:26 -0700 Nov. 14 (Bloomberg) -- Freddie Mac asked the Treasury for $13.8 billion after a record quarterly loss caused its net worth to fall below zero. The third-quarter net loss widened to $25.3 billion, or $19.44 a share, McLean, Virginia-based Freddie said in a regulatory filing today. http://www.bloomberg.com/apps/news?pid=20601103&sid=a2cWgMcV... |
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