Mortgage and Financial News From 2008-2-16 Page 17

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• Lenders Get Creative to Reach Borrowers in Default

  Washington Post - It is usually cheaper and less time-consuming to lower the borrower's interest rate, put them on a repayment plan or sell the home at a loss. To stem the foreclosures, the mortgage industry says, lenders need to reach people they call "no-contact ...
  2008-02-16 01:43:00

• Plundering super to pay the mortgage

  News.com.au - Repossession : What to do if you're about to lose your home Ratings : Banks increase profits at your expense More personal finance news in our Money section DESPERATE Australians are draining their super nest eggs to fend off mortgage foreclosures in ...
  2008-02-16 03:59:00

• » Seniors Warned About Predatory Lending - WXIA-TV

  » Seniors Warned About Predatory LendingWXIA-TV, GA - 1 hour agoSaturday, senior citizens in some Atlanta neighborhoods got the opportunity to gain insight on deceptive mortgage practices that have been putting them at ...
  2008-02-16 03:26:47

• How we help the rich win at divorce, by Sir Paul McCartney's legal ... - Daily Mail

  How we help the rich win at divorce, by Sir Paul McCartney's legal ...Daily Mail, UK - 1 hour ago"It's the middle-income, Middle England cases that pinch hardest – house worth £250000, mortgage of £75000, income £45000 a year. Wife, two children. ...
  2008-02-16 03:53:03

• Paulson’s Wild Ride on the Hindenburg: “The Worst is Just Beginning” - Dissident Voice

  Paulson’s Wild Ride on the Hindenburg: “The Worst is Just Beginning”Dissident Voice, CA - 1 hour agoAlso, $2 trillion has been wiped out from falling home prices and another $600 billion will vanish this year from mortgage equity withdrawals (MEWs). ...
  2008-02-16 03:54:14

• I’m nuts about Brazil - Times Online

  I’m nuts about BrazilTimes Online, UK - 53 minutes agoWe’ve seen some nasty results from Bradford & Bingley, which now says it expects a “continual increase in mortgage arrears and a steep increase in ...
  2008-02-16 04:05:55

• The battle to break Britain's crime lords - Times Online

  The battle to break Britain's crime lordsTimes Online, UK - 53 minutes agoDespite the acquittal, the judge accepted the ARA’s argument that Jackson had made his money through drug-dealing, money-laundering and mortgage fraud, ...
  2008-02-16 04:05:56

• Merchants of Misery: Debt collection is one of the UK's fastest ... - Independent

  Merchants of Misery: Debt collection is one of the UK's fastest ...Independent, UK - 52 minutes agoThe Financial Services Authority (FSA) is warning of "a growing number of consumers experiencing debt-repayment problems in 2008", with mortgage ...
  2008-02-16 04:07:31

• Home help - Scotsman

  Home helpScotsman, United Kingdom - 51 minutes agoMORTGAGE comparison site www.mform.co.uk, created by former Ernst & Young accountant Eamonn Rice, has secured partnership deals with personal finance ...
  2008-02-16 04:08:19

• In the name of the father - Scotsman

  In the name of the fatherScotsman, United Kingdom - 48 minutes agoWe were living in this house and we had a substantial mortgage and kids. Some nights I'd be sitting here with my head in my hands worrying about how we'd ...
  2008-02-16 04:10:59

• Parents fail to cash in on tax-free savings for children - Guardian Unlimited

  Parents fail to cash in on tax-free savings for childrenGuardian Unlimited, UK - 48 minutes agoHips are offered by mortgage lenders, estate agents and specialist companies, but Marsh advises home sellers to use a solicitor to compile one to ensure ...
  2008-02-16 04:11:19

• Teresa Hunter: Mixed messages and our trillion pound pensions bill - Scotland on Sunday

  Teresa Hunter: Mixed messages and our trillion pound pensions billScotland on Sunday, UK - 45 minutes agoSorry, can't complete mortgage today, you've lost the keys. What keys? No, you can't withdraw from your savings account, because of overdraft? ...
  2008-02-16 04:14:30

• My dad's trapped as bank takes 75% of house price rise - Scotland on Sunday

  My dad's trapped as bank takes 75% of house price riseScotland on Sunday, UK - 44 minutes agoMy mother is in a nursing home and suffers from dementia. The mortgage was for 25% of the value of their house, with the bank taking 75% of the appreciation ...
  2008-02-16 04:14:35

• Hurrah for the recession. It will do us a power of good - The Observer

  Hurrah for the recession. It will do us a power of goodThe Observer, UK - 41 minutes ago... up with the Joneses to the extent that we bought their home as a rental investment, never mind that our existing mortgage was five times our salary. ...
  2008-02-16 04:18:25

• Political Stimulation - Hartford Courant

  Political StimulationHartford Courant, United States - 38 minutes agoThen came implosions of mortgage-backed securities, a tremor in foreign stock exchanges and — this part's important — primaries and caucuses full of ...
  2008-02-16 04:20:54

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