Equity Home Loans - Mortgage News

Mortgage News

Fairhope Airport Authority secures bond issue Thursday, September 2, 2010 @ 12:31AMThe Fairhope Airport Authority approved an $8.9 million bond issue this week with RBC Bank that will retire the debt on a bond issue from 2007 with Allied Irish Bank used to finance the purchase of 257 acres at the H.L. “Sonny” Callahan Airport.
VIDEO: Elderly woman, pets will soon be homeless Thursday, September 2, 2010 @ 12:30AMSHEFFIELD LAKE — On Sept. 27, Claudia “Chris” Spear and the nine dogs she has adopted will no longer have a home. She is 76.
The charge: putting body hair in officer's breakfast sandwich Thursday, September 2, 2010 @ 12:26AMEVESHAM — A former cook at a Marlton restaurant, accused of placing body hair in a policeman's breakfast sandwich, has been indicted on charges of aggravated assault on a law enforcement officer and drug or food tampering.
Lawsuits plague dealership Thursday, September 2, 2010 @ 12:25AMBy JIM LARSON - The Billings Outpost Before a summer storm ravaged the arena that bears its name, Rimrock Auto Group faced damages of another kind, including a foreclosure proceeding. In June, Citizens Auto Finance won a default judgment against Rimrock, the result of a lawsuit that alleged fraud. The complaint argued that the auto dealer misrepresented the credit of a mentally disabled woman ...
Bernanke testifying to crisis inquiry panel Thursday, September 2, 2010 @ 12:22AMFederal Reserve Chairman Ben Bernanke is set to appear before a panel investigating the financial crisis to give his take on the meltdown and his views on potential systemwide risks posed by large fin
Sacked hotel workers to get one week's pay Thursday, September 2, 2010 @ 12:20AM100 Westin Hotel workers may get just one week's pay after losing their jobs yesterday.
Stevens Hospital District taxes to stay Thursday, September 2, 2010 @ 12:18AMOfficials with Stevens Hospital say the levies won't go away with Wednesday's takeover by Swedish.
Province urged to get tough on urban wildlife Thursday, September 2, 2010 @ 12:17AMB.C. municipalities say they are being overrun by wild animals that are threatening public safety and befouling urban amenities, and they are asking the provincial government for help.
Three charged after Island RCMP raid outdoor marijuana grow-op Thursday, September 2, 2010 @ 12:17AMThree people have been charged in connection with a remote marijuana grow operation, Campbell River RCMP said.
Bernanke testifying to crisis inquiry panel Thursday, September 2, 2010 @ 12:17AMWASHINGTON (AP) — Federal Reserve Chairman Ben Bernanke is set to appear before a panel investigating the financial crisis to give his take on the meltdown and his views on potential systemwide risks posed by large financial institutions.
My remorse, by former Rock chairman Saturday, August 28, 2010 @ 4:40AMThe former chairman of Northern Rock has spoken of his remorse for his part in the Northern Rock crisis.
Daily poll: Should Bret Schundler, fired as education chief, be allowed to collect unemployment? Saturday, August 28, 2010 @ 4:39AMFormer state education chief Bret Schundler was a little upset yesterday, but not exactly for the reasons one might think. The Jersey City resident and former mayor of the city was fired as education commissioner, but he didn't appreciate it being portrayed in the media that he refused to quit.
Contingent-sale offers increase Saturday, August 28, 2010 @ 4:38AMDuring the recession of the early 1980s, when mortgage interest rates hovered near 18 percent, few homebuyers could qualify for financing, particularly if they already owned a home that needed to be sold before buying a replacement home. Offers made contingent on the sale of the buyers' current home were popular.
Bernanke plan for economic recovery vague Saturday, August 28, 2010 @ 4:31AMJACKSON, Wyo. -- Ben Bernanke is struggling to build consensus among Federal Reserve officials about what steps are needed -- if any -- to give the economy a boost. It showed in a speech the Fed chairman delivered Friday that carried a mixed message: He sees the economy improving next year, but he stands ready to take bold action if it falters.
Economic growth not picking up Saturday, August 28, 2010 @ 4:27AMWASHINGTON As weak as it was, the economy turns out to have been even worse closer than the government first thought to stalling out completely or even falling back into recession.
AP: Economy edges closer to stalling, government say Saturday, August 28, 2010 @ 4:20AMWASHINGTON -- The economy turns out to be weaker than we thought, and the outlook for the rest of the year is now looking dimmer. New figures issued Friday show the economy struggled this spring, growing at a meager 1.6 percent annual pace.
They took refuge in Indiana after Katrina -- and they never left Saturday, August 28, 2010 @ 4:14AMFive years later, hurricane evacuees miss New Orleans but have adjusted to life here.
Death threat allegations land fraud suspect in jail Saturday, August 28, 2010 @ 4:13AMWhen federal marshals arrived at the home of a former Cartersville mayoral candidate awaiting trial in a fraud case, they said they found a shooting blind erected in his front yard. When the defen...
Gansevoort lawyer pleads guilty to stealing millions in mortgage fraud Saturday, August 28, 2010 @ 4:11AMBALLSTON SPA — The 19 victims of a local attorney’s mortgage fraud will likely soon see some of the $2.37 million he swindled from them.
Higher taxes in store for Arboledas Extreme home Saturday, August 28, 2010 @ 4:11AMNEENAH The Rhex and Claire Arboleda family had a golden week, receiving a new home, a paid-off mortgage, a Disney vacation, a $100,000 college fund and a new Ford Flex vehicle.
New Fed Proposal To Bankrupt America: Government Guarantee Of Entire ABS Market Wednesday, August 25, 2010 @ 11:30PMFrom The Daily Capitalist Let us assume for the purpose of argument that our corporate bond market is and always has been backed by federal government insurance. In its many years of operations companies would float bonds at relatively low interest rates because of the government's guarantee. Industry would be financed for their various projects, and, perhaps because of the lower cost, maybe ...
Real-estate market in Stark drops off Wednesday, August 25, 2010 @ 11:26PMThe tax credit that ended in April has helped the year, but a number of Realtors have said sales died in May and June, even though both prices and closings were well above 2009 figures.
Business Briefs for Aug. 26 Wednesday, August 25, 2010 @ 11:25PMTerms of the deal were not disclosed. In June, Catterton Partners, the private equity firm that owns Mid-Atlantic Convenience Stores, acquired a majority interest in the Chester-based Uppy's chain as well as 170 stores and gas stations from ExxonMobil. Since the Casino Club's July 2 opening, the resort has seen ...
Talking Money: How to steer clear of garnishment of wages Wednesday, August 25, 2010 @ 11:25PMObviously, bad things can happen when you don't pay your bills -- interest quickly adds up and your credit score tanks. But lately we've been hearing about an even more severe outcome: Your salary may be withheld. Garnishment of wages occurs when people hide from their debts and stop making ...
Business news briefs Wednesday, August 25, 2010 @ 11:23PMTravel club AAA says more Americans will take trips over the Labor Day weekend than a year ago. The organization said it expects 34.4 million people to travel at least 50 miles from home between Thursday, Sept. 2, and Monday, Sept. 6. That's up nearly 10 percent from 2009. The survey predicts most people will travel by car.
Fundraiser for police officer, single mother who lost home to fire Wednesday, August 25, 2010 @ 11:23PMAfter years of protecting and serving the public, a Honolulu police officer found herself in need of assistance...
Devalued Homes Anchor Prospective Job Seekers Wednesday, August 25, 2010 @ 11:23PMAs many as one-third of homeowners owe more than their home is worth, and not being able to sell has kept them fixed in place. Staying home has kept people from seeking out better job markets. At what point will people begin abandoning houses in favor of finding jobs? read more
Pace of growth slows to a crawl Wednesday, August 25, 2010 @ 11:18PMWASHINGTON -- It's starting to feel like another recession. Businesses are ordering fewer goods. Home sales are the slowest in decades. Jobs are scarce, and unemployment claims are rising.
Mortgage applications rise Wednesday, August 25, 2010 @ 11:17PMNEW YORK -- Mortgage applications rose 4.9 percent last week as more borrowers refinanced at the lowest rates in decades. The Mortgage Bankers Association said Wednesday the gain was fueled by a 5.7 percent increase in refinancing applications. The number of loans taken out to purchase ho...
Economic reports fuel fears of recession's return Wednesday, August 25, 2010 @ 11:17PMIt's starting to feel like another recession. Businesses are ordering fewer goods. Home sales are the slowest in decades. Jobs ...
Trying anew for historic peace, Israel, Palestinians to hold talks Saturday, August 21, 2010 @ 12:50AMWASHINGTON — Plunging into the Mideast peacemaker’s role that has defeated so many U.S. leaders, President Barack Obama on Friday invited Israel and the Palestinians to try anew in face-to-face talks for a historic agreement to establish an independent Palestinian state and secure peace for Israel.
School district braces for tax initiatives Saturday, August 21, 2010 @ 12:49AMThe Douglas County School District hopes for the best but is prepared for the worst at the November polls.
Struggling Valley homebuilders try to lure potential buyers Saturday, August 21, 2010 @ 12:45AMHomebuilders in the central San Joaquin Valley are offering free upgrades, financial incentives and even housekeeping to lure buyers back into a market that has struggled to recover since the recession.
Rowlett woman opens stylish shop Saturday, August 21, 2010 @ 12:41AMIt isn’t often that a person gets to do what he or she loves for a living. And it’s even rarer that someone who has already established herself professionally leaves job security behind to take a gamble.
Volusia County public records for Aug. 21, 2010 Saturday, August 21, 2010 @ 12:40AMCourthouse COUNTY JAIL DOCKET (The following people were booked into the Volusia County Branch Jail on felony charges yet to be proven in court.): Maile Lynne Waiwaile, 39, Daytona Beach, forgery, grand theft; Carrie Elizabeth Pifer, 26, Port Orange,...
Hold everything: McKinney delaying bond election Saturday, August 21, 2010 @ 12:35AMMcKinney ISD and its citizen’s bond committee, comprised of McKinney ISD parents and community members, have opted to hold off on a possible bond election in November to allow for additional community input and to further analyze proposed expansions to McKinney High School and McKinney North High School.
Radio tower rejected by city council Saturday, August 21, 2010 @ 12:34AMResidents turned out in droves sporting red "Protect Our Homes" t-shirts in opposition to the tower's placement at Stacy Road and Greenville Avenue.
Forms and Functions Saturday, August 21, 2010 @ 12:31AMA roundup of art and design books, including visual histories of McSweeney’s and Penguin books and a Maira Kalman catalog.
Humor hotel, 8/18/10 Saturday, August 21, 2010 @ 12:31AM“You know what I blame this on the breakdown of? Society.”
Nearly 50 percent leave Obama mortgage-aid program Saturday, August 21, 2010 @ 12:31AMU.S. program failing to help homeowners facing foreclosure
Two Canyon County properties auctioned to pay irrigation taxes Tuesday, August 17, 2010 @ 7:36PMNAMPA -- Two Canyon County properties hit the auction block Tuesday and were sold for a fraction of what they're actually worth. That’s because the owners were three years delinquent on their irrigation water taxes. We looked into irrigation water rights and how you can protect yourself from your property going up for auction. One 40-acre plot of land was auctioned off for just $6,600, a ...
Geithner: 'Fundamental change' for Fannie, Freddie Tuesday, August 17, 2010 @ 7:25PMTreasury secretary, meeting with housing industry executives and experts, says bailed-out Fannie Mae and Freddie Mac will change dramatically when they emerge from federal control. With sweeping financial reform legislation enacted, the White House and Congress now must focus on fixing the mess created by the failed housing finance giants Fannie Mae and Freddie Mac. It's a complex challenge with ...
Wall St rallies amid positive data Tuesday, August 17, 2010 @ 7:23PMNEW YORK: US stocks rallied Tuesday on the back of encouraging economic data and positive quarterly earnings from retail giant Wal-Mart. The Dow Jones Industrial Average was up 103.69 points (1.01 per cent) to 10,405.70 at closing trade, ending a five-day losing streak. The tech-rich Nasdaq composite index gained 27.57 points (1.26 per cent) to 2,209.44, while the broader SandP 500 index rose 13 ...
Wall St rallies amid positive data Tuesday, August 17, 2010 @ 7:18PMNEW YORK: US stocks rallied Tuesday on the back of encouraging economic data and positive quarterly earnings from retail giant Wal-Mart.
Democrat says abolish Freddie, Fannie-FOX Tuesday, August 17, 2010 @ 7:12PMDemocrat says abolish Freddie, Fannie-FOX
Mortgage Market Knocked By 'Mega-Refi' Talk Tuesday, August 17, 2010 @ 7:12PMMortgage Market Knocked By 'Mega-Refi' Talk
DeFazio Discusses U.S. Economy at Town Hall Tuesday, August 17, 2010 @ 7:10PMRepresentative DeFazio told a town hall meeting in Cottage Grove that America faces a dichotomy of problems. read more
Copper Consumption Growth in China to Slow, Antaike Predicts Monday, August 16, 2010 @ 9:50PMCopper usage in China, the world’s largest consumer, may grow at a slower pace this year as real- estate curbs cut demand, according to a state-owned researcher.
Fewer homeowners are now under water Monday, August 16, 2010 @ 9:50PMA real estate website reports the number of single-family homeowners in the country with underwater mortgages--where the amount owed on the mortgage exceeds the home's value--fell in the second quarter of this year, even as home values declined. California was among the few states that experienced increases in home values in more than a quarter of its markets.
Commentary: Supporting Reno casinos, one nickel at a time Monday, August 16, 2010 @ 9:50PMIt's tough to admit, but my wife has a serious problem. And because of it, we don't have a nickel to our name! Oh, don't worry '... there's still enough cash to buy the groceries and make the mortgage payment. It's just that all of our nickels are gone! Where are they? In the belly of a Reno slot machine.