Mortgage and Financial News From 2008-5-24 Page 8
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State: Ponzi scheme nets $40 million from victims (Times News)
Carbon, Schuylkill residents allegedly lost money
2008-05-24 06:13:58 -
Homeowners turn backs on ARMs (Austin American-Statesman)
Mortgage refinancing in the U.S. is increasing as record numbers of homeowners dump their adjustable-rate mortgages for the security of a fixed rate.
2008-05-24 06:19:44 -
Fingerprint registry snuck into housing bill - Auburn Journal
By: Free-Market News Network, Corp. Fingerprints are considered to be among the most personal of information, and fingerprint databases created and proposed in the name of national security have generated much debate. Recently, “Server in the Sky ...
2008-05-23 03:26:00 -
Low Mortgage Rates - Colleyville Courier
Fed Cut Rates! Take Advantage Now. Low Fixed Rates. No Hidden Fees. http://www.eloan.com/mortgage Lyris Email Marketing Solutions Wakefly Inc, is a preferred reseller and host for Lyris ListManager and general email marketing. With invaluable ...
2008-05-23 07:08:00 -
Correction - Fitch Assigns PartnerRe's $250MM Sr Unsecur Notes Issue ... - Forbes
Proceeds of the offering will be used to refinance $220 million of senior debt that matures in December of this year. The balance of the net proceeds will be used for general corporate purposes. PartnerRe's pro forma equity-credited adjusted leverage ...
2008-05-22 07:06:00 -
Credit score plays vital role in world of personal finance (Courier-Post)
Jeffrey Sheldon, a 36-year-old Purcellville, Va., computer-systems administrator, has an enviable credit score of about 740. But he's planning to refinance his adjustable-rate mortgage in June and knows that lenders will be taking a particularly close look at his credit record.
2008-05-23 12:19:49 -
Information on FAF Advisors' Closed-end Funds (Business Wire via Yahoo! Finance)
MINNEAPOLIS----American Strategic Income Portfolio Inc. , American Strategic Income Portfolio Inc. - II , American Strategic Income Portfolio Inc. - III and American Select Portfolio Inc. are parties to loan agreements with Morgan Stanley Mortgage Capital Holdings LLC under which they currently have outstanding borrowings of $8,000,000, $45,000,000, $61,500,000 and $36,500,000, respectively.
2008-05-23 06:38:00 -
When an Appraisal Just Doesn't Add Up (Washington Post)
Q: I applied to refinance my mortgage and was told that I would have to have a current appraisal. The lender contacted an appraiser to schedule a time. I paid the lender $349 upfront, which was charged to my credit card.
2008-05-23 01:54:01 -
Buying a foreclosure? (San Antonio Express-News & KENS 5)
Profits can be made by flipping houses. But buyers need to do their homework to avoid costly mistakes.
2008-05-23 04:41:57 -
Emergency Tornado Relief Announcement: All American Homes Is Prepared ... - Forbes
All American Homes, LLC (NYSE:COA) of Milliken, Colorado, announced today it will work closely with local relief authorities to help bring permanent and emergency shelter to the victims of the Windsor, Colorado area tornado. Although details of the ...
2008-05-23 02:57:00 -
AeroGrow Secures $14.5 Million in Debt Financing to Fund Expansion - MSN MoneyCentral
AeroGrow International, Inc. (NASDAQ: AERO) ("AeroGrow" or the "Company"), makers of the AeroGarden® line of indoor gardening products, announced that it has secured a commitment for a $14.5 million debt package consisting of a $12 million asset ...
2008-05-22 04:57:00 -
How to make yourself a millionaire - This is Money
By using your tax breaks sagaciously and saving diligently both you and your spouse could be joint millionaires within 20 years, or possibly even sooner. And while becoming a millionaire will set you back a fair bit, it could cost less than you think ...
2008-05-24 02:03:00 -
FAF Advisors: Morgan Stanley Not Extending Pacts With 4 Funds - CNN Money
Investment adviser FAF Advisors Inc. said Morgan Stanley (MS) won't extend loan agreements with four funds it advises. FAF said Friday the funds have negotiated amendments to the loan pacts extending the termination date to July 15 , provided the ...
2008-05-23 07:12:00 -
Karachi shares fall on rate rise - BBC Business
Pakistan's main stock index has slipped almost 5% after the country's central bank raised interest rates to 12.5% from 10% to slow the inflation rate. The Karachi Stock Exchange's 100 share index shed 647.11 points, 4.7%, to an eight month low of 12 ...
2008-05-23 04:56:00 -
Use HELOC on old home to pay for new one (The Charlotte Observer)
Q. We've decided to downsize and are building a new home. We put down a deposit of just over 10 percent and have a loan commitment for another 25 percent of the cost of the home. We have significant equity in our current home and plan to use that for the rest of the purchase price. However, because the market is slow in our area, we have come to realize we may not sell our residence before we ...
2008-05-23 03:06:30