Mortgage and Financial News From 2007-10-8 Page 18

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• Sac County eyes economy, delays bond refinancing (BizJournals)

  With mortgage woes and the housing slump roiling local budgets and the national credit markets, Sacramento County has shelved its plans to refinance more than $80 million in debt.
  2007-10-07 10:54:38

• CLS secures property refinance deal (Interactive Investor)

  Business Finance and city news online from Interactive Investor (www.iii.co.uk). Plus financial and currency market news and information 24/7. Stock prices, share prices, currency markets news and business finance headlines. Also news from AFX and Reuters.
  2007-10-07 11:53:16

• CLS secures property refinance deal (Reuters via Yahoo! UK & Ireland News)

  Property firm CLS Holdings said on Monday it had secured a 101.2 million pound facility to refinance debt raised against its Spring Gardens office property in central London.
  2007-10-07 11:27:00

• Line of credit best option in this case

  Everett Herald - I think it would be easier and less complicated to go on the title first and handle the financing as a mortgage refinance. So ... Please consult an accountant for further tax information, this column is intended for general informational purposes only ...
  2007-09-30 11:47:00

• Real estate bust hits home in Ariz.

  Caspar Star-Tribune - With prices rising so fast, they could always refinance. And in ... John Karevoll, who tracks real estate for DataQuick Information Systems. "Your house now can basically be used as an ATM." Twenty years ago, families celebrated when they got a mortgage ...
  2007-10-08 12:58:00

• ANZ hold on to Origin

  News.com.au - ANZ has decided against selling off its $7 billion wholesale mortgage distribution business ... 1. Aust dollar hits 23 year-high 2. $13m richer in a week 3. Interest rates worth a punt 4. US market to lift Aussie stocks 5. Mortgage fallout hits local jobs
  2007-10-07 05:27:00

• Planning to buy a house? Good news!

  Rediff.com - ... plus a reduction in processing charges in Mumbai and Goa circles since Ganesh Chaturthi.  Bank of Baroda [ Get Quote ] , Industrial Development Bank [ Get Quote ] of India and State Bank of [ Get Quote ] Bikaner and Jaipur have also revised mortgage rates ...
  2007-10-07 08:26:00

• Mortgages, 401(k)s on callers' minds

  Dallas Morning News - Should you pay off your mortgage before retirement? "People clearly have it in their mind that, 'We have to have the house ... The student loan interest rates are usually a lot lower than what you would get with a HELOC." What do ...
  2007-10-07 09:52:00

• China A-shares finish at record high on post-holiday buying - UPDATE

  Forbes - On Sept 28, China's central bank and banking regulator said interest rates and down payments on some categories of mortgage will be increased. Leading property developer China Vanke Co Ltd (SZA 000002; SZB 200002) surged 3.02 yuan or by its daily ...
  2007-10-08 12:58:00

• Examining rates for blacks

  Charleston Post & Courier - COLUMBIA — State Sen. Robert Ford wants to make sure blacks are paying the same as whites for mortgage loans. In South Carolina, that's not always the case. A study released this summer found the difference between what minorities and whites pay is ...
  2007-10-07 08:40:00

• Mortgage servicer can be a critical bottleneck (Houston Chronicle)

  NEW YORK — A cancer diagnosis forced Lindsey Jennings to give up his government job. With less income, Jennings feared he might lose the home he and his wife Pearl built near Atlanta almost 20 years ago. So he asked for help. But Jennings, who needed to lower his monthly mortgage payment, was rejected for a loan modification. The snub didn’t come from the mortgage lender, but from a less likely ...
  2007-10-07 10:48:23

• Alyson McCarthy, Reporter

  KLAS-TV - ... and five co-defendants accused of kidnapping and robbing two sports memorabilia dealers at gunpoint will face an evidentiary hearing together on Nov. 8, a judge decided Thursday. More>> Jonathan Humbert, Reporter Amazing Case of Loan and Mortgage Fraud
  2007-10-04 05:59:00

• The American Dream turns into a debtor's nightmare

  Los Angeles Times - Add his name to the ever-expanding list of casualties in the nationwide sub-prime mortgage debacle, his experience echoing ... Elizabeth Henderson, a prosecutor in the county's fraud unit, said many such crimes go unreported in immigrant communities ...
  2007-10-07 11:46:00

• Lead Counsel In Fannie Suit Is Switched Out

  Wall Street Journal - For more than two years, a Boston law firm was a lead counsel in the suit, which was filed after federal regulators alleged accounting irregularities at the mortgage company. (Fannie Mae denies committing securities fraud.) On Aug. 3, Berman DeValerio ...
  2007-10-07 06:17:00

• Millions ignore risks of ID theft bin-raiders

  Reuters UK - A search of bins for a national anti-fraud campaign found discarded bank details, national insurance numbers, mortgage documents and copies of passports. Credit card numbers with expiry dates and signatures were found in one in 10 bins. A blank cheque ...
  2007-10-08 12:01:00

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