Mortgage and Financial News From 2008-1-5 Page 3

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  • Miserly Reds blasted

    star.com.my - ... refused to comment on Friday night but the Anfield outfit are also facing financial troubles. Owners Tom Hicks and George Gillett have been forced to scale down plans for a new £400mil stadium. And the American tycoons are trying to refinance a ...
    2008-01-05 06:36:00

  • As Bankruptcies Surge, Congress Ponders Change in Law

    Blackenterprise.com - Living on Social Security, McGee said she had to refinance her home to pay $5,000 in back taxes to avoid a foreclosure. She said she wasn't aware that her house payment would rise from $706 to $912 per month, beyond what she could afford on her fixed ...
    2008-01-05 06:58:00

  • City subpoenaed in corruption probe

    Houston Chronicle - Besides technical and staffing problems, the financing method was so odd that city officials were forced to refinance the operation two years later. Price tag: $1 Originally, the center was built by Keystone and leased by the city, and the city was to ...
    2008-01-05 11:27:00

  • Food of woes hit housing

    The State - With home prices falling, many borrowers with rising mortgage payments have been finding it impossible to either refinance or sell their houses. That drives them into default and foreclosure. Robert Gnaizda, general counsel for the Greenlining ...
    2008-01-05 08:45:00

  • Harsh real estate reality hurts western homeowners

    Palm Beach Post - To hear the Hills tell it, Conseco Finance Servicing Corp. - which later filed for bankruptcy - sought them out, praised them for their great credit, and offered the opportunity to refinance and get some cash back. "I was blown out of the water ...
    2008-01-05 09:28:00

  • James Moore: Even the bookies can't decide on interest rates

    The Independent - Homeowners who borrowed big at favourable rates to buy into the dream of home ownership a few years ago are going to have nightmares when they try to refinance this year. The very real prospect of a sharp increase in repossessions bodes ill not only ...
    2008-01-05 03:16:00

  • Trustee-sale notices are a signal foreclosures may speed up

    AZCentral.com - But then it was easier for homeowners behind on their mortgages to sell or even refinance. And then most homeowners in trouble didn't have subprime loans with rates about to adjust upward. But here's the good news for Arizona. Nevada has a higher ...
    2008-01-05 07:55:00

  • Harry Macklowe’s $6.4 Billion Bill - New York Times

    Harry Macklowe’s $6.4 Billion BillNew York Times, United States - 9 hours agoWith building owners no longer able to refinance their properties and pull out cash, Mr. Macklowe and his son, William S. Macklowe, have only a month to ...
    2008-01-05 01:52:04

  • FPCCI criticises SBP for cut in export finance - Daily Times

    FPCCI criticises SBP for cut in export financeDaily Times, Pakistan - 8 hours agoIt is also to be noted that SBP governor had promised the exporters to increase the limit of export refinance scheme last year. ...
    2008-01-05 02:41:20

  • Executive Summary - The News - International

    Executive SummaryThe News - International, Pakistan - 8 hours agoFurthermore, there is evidence that some of the private entities are issuing TFCs/Sukuk bonds to refinance the borrowings from the scheduled banks. ...
    2008-01-05 02:52:27

  • WDH Nationwide Mortgages Releases Its Thoughts on Why Now is a ... - PR-USA.net (press release)

    WDH Nationwide Mortgages Releases Its Thoughts on Why Now is a ...PR-USA.net (press release), Bulgaria - 8 hours agoIf one of your resolutions is to buy a new home, refinance your home, or consolidate your debt, 2008 could be among the best times to do any of these. ...
    2008-01-05 02:55:49

  • Miserly Reds blasted Hard-up Luton slam EPL giants for not ... - Malaysia Star

    Miserly Reds blasted Hard-up Luton slam EPL giants for not ...Malaysia Star, Malaysia - 7 hours ago... to scale down plans for a new £400mil stadium. And the American tycoons are trying to refinance a £220mil loan they took out to buy the club. – The Sun.
    2008-01-05 03:29:35

  • New real estate year starts with a tale of San Francisco's two cities - San Francisco Chronicle

    New real estate year starts with a tale of San Francisco's two citiesSan Francisco Chronicle,  USA - 2 hours ago"Now (many sellers) have no equity to refinance, so they have to sell," said Wilko, who says the added number of foreclosed properties in these areas isn't ...
    2008-01-05 08:40:19

  • Relative's lien on home won't supercede others - Chicago Daily Herald

    Relative's lien on home won't supercede othersChicago Daily Herald, IL - 2 hours agoHow can I refinance the property? A. You can't borrow more money on the house, which is probably just as well. It can be done only if all owners sign the ...
    2008-01-05 08:54:55

  • Trustee-sale notices are a signal foreclosures may speed up - Arizona Republic

    Trustee-sale notices are a signal foreclosures may speed upArizona Republic, AZ - 2 hours agoBut then it was easier for homeowners behind on their mortgages to sell or even refinance. And then most homeowners in trouble didn't have subprime loans ...
    2008-01-05 08:59:05

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