Mortgage and Financial News From 2008-2-8 Page 54
Previous Day: 2008-02-07
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Charlotte County race draws a crowd
Herald Tribune - The county needs to fix the system now, said candidate Douglas Tucker, 35, a former mortgage broker. He is running for the District 5 seat. "People don't have a problem paying taxes if they are fair, as long as they see results in a reasonable amount ...
2008-02-08 05:39:00 -
Collapsed TML owed £1.6m
This is Southampton - HIGH-profile Hampshire mortgage broker TML owed £1.6m to companies across the region when it collapsed, it has emerged. A victim of the credit crunch, TML went into administration in December with the loss of about 200 jobs and owing money to 71 ...
2008-02-07 11:27:00 -
Mortgage bonanza for NAB after striking RAMS deal
News.com.au - NAB will not be responsible for broker commission payments associated with the acquired mortgages. "The mortgages acquired from RHG are all mortgage-insured." According to research undertaken by online banking newsletter The Sheet, NAB has struggled ...
2008-02-08 05:53:00 -
Official resigns over ICE issue - Danbury News Times
Official resigns over ICE issueDanbury News Times, CT - 4 hours ago... a client who was going to come in today for a mortgage adjustment who said she is afraid to come to downtown Danbury," said Evans, a real estate broker. ...
2008-02-08 02:23:12 -
Ex-NACFB chair launches first commercial network - Mortgage Strategy
Ex-NACFB chair launches first commercial networkMortgage Strategy, UK - 4 hours agoCFP Broker Partners will have the option to package products themselves or to use the in-house CFP packaging facilities, utilising the CFP product panel. ...
2008-02-08 02:39:12 -
Record number of local people could lose homes - The Reporter
Record number of local people could lose homesThe Reporter, WI - 4 hours agoSteve Klapperich, an associate broker with Klapperich Real Estate in Fond du Lac, said Wisconsin has far fewer foreclosures than states such as California ...
2008-02-08 02:40:50 -
Refinancing: Only for the privileged few - CNNMoney.com
Refinancing: Only for the privileged fewCNNMoney.com - 4 hours ago"If you have an 80% loan, with a 10% home equity loan, you may not be able to refinance," said Peter Grabel, a mortgage broker in Connecticut - especially ...
2008-02-08 02:48:36 -
Mint brokers must use EDGE V2 for sub-prime - Mortgage Strategy
Mint brokers must use EDGE V2 for sub-primeMortgage Strategy, UK - 3 hours agoFrom March 1 every time a Mint broker comes across a sub-prime or self-cert mortgage case, they will be required to source a solution through the EDGE V2 ...
2008-02-08 03:02:54 -
Joint first-time buyers on the increase - Your Mortgage
Joint first-time buyers on the increaseYour Mortgage, UK - 3 hours agoThe broker claimed that applications from joint buyers made up 45% of first-time purchases in 2006, but increased to 50% in 2007. The number of single male ...
2008-02-08 03:16:12 -
Wall Street seen down in light earnings session - Guardian Unlimited
Wall Street seen down in light earnings sessionGuardian Unlimited, UK - 3 hours agoIt'll be a very quiet session," Roland Hirschmueller, a broker at Baader Wertpapierhandelsbank said. US stocks have been under pressure since the start of ...
2008-02-08 03:26:46 -
Downtown Orlando sees jump in foreclosures - Orlando Business Journal
Downtown Orlando sees jump in foreclosuresOrlando Business Journal, FL - 2 hours agoThe foreclosures in Orlando range in price from a $95000 loan on a single-family home to a $1.8 million mortgage on a downtown condo penthouse.
2008-02-08 04:59:08 -
NAB in $1bn loans deal - The Age
NAB in $1bn loans dealThe Age, Australia - 1 hour ago... brokers' commissions trailing from the loans and that the performance of the loans was "consistent with the National Australia Bank's existing mortgage ...
2008-02-08 05:34:20 -
Dubai's rags-to-riches miracle built on the toil of exploited ... - The Age
Dubai's rags-to-riches miracle built on the toil of exploited ...The Age, Australia - 1 hour agoHe's a 26-year-old Afghan and has been working on a Dubai building site since 2003, after he gave $2500 to a labour broker in Kabul. That got him to Dubai, ...
2008-02-08 05:34:37 -
'Liar loans' face blame for wiping out home owners - The Age
'Liar loans' face blame for wiping out home ownersThe Age, Australia - 1 hour ago"We call them neutron loans because they're like a neutron bomb," said Brock Davis, a broker with US Express Mortgage in Las Vegas. ...
2008-02-08 05:34:54 -
The longer the mortgage mess lingers, the heavier it hits - Dallas Morning News
The longer the mortgage mess lingers, the heavier it hitsDallas Morning News, TX - 1 hour agoAnd the broker handling the deal couldn't be more experienced. That's because Newt Walker has already sold the corner of Field Street and Woodall Rodgers ...
2008-02-08 05:36:00
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