Mortgage and Financial News From 2007-10-12 Page 11

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  • Montgomery, Minn., appraiser admits hyping values

    Minneapolis Star Tribune - District Judge Ann Montgomery will impose sentence later, after hearing arguments. According to Yeager's plea agreement, his appraisals "were based primarily on a 'value' provided by a mortgage broker and were not the product of independent ...
    2007-10-10 05:59:00

  • Man charged with $120,000 fraud

    News.com.au - Major Fraud Squad Detectives allege the man had assisted a 32-year-old man to obtain finance through a mortgage broker and the money was due to be paid into a bank account belonging to the alleged victim. The alleged offender opened two other ...
    2007-10-11 08:43:00

  • Mortgage Applications Decline Despite Drop in Interest Rates

    PR.com - Lonestar Financing, based out of Austin Texas, continued to stay steady in wake of national mortgage downturn. While the national mortgage application declined, Mortgage Broker Houston applications for Lonestarfinancing.com reported a 12% online ...
    2007-10-11 11:49:00

  • Ask Barbara

    New York Daily News - Take that number to a reputable mortgage broker and ask how much of a mortgage that rent could pay off. Remember to include real estate taxes, maintenance costs and insurance. Consider putting a new mortgage on your house and cashing out. Then you can ...
    2007-10-12 01:22:00

  • Lion selling another division

    Seattle Business Journal - Lion selling Mortgage 101 website for $5M [Seattle] Lion revenues increase [Seattle] Lion links to mortgage broker group [Seattle] Lion Inc. , which sold its Mortgage 101 website last month for $5 million, said it's selling its Tuttle Risk Management ...
    2007-10-12 09:14:00

  • Man's ear bitten off after he's hit with karaoke machine

    Newsday - Luis Hidalgo, 27, of 360 Greengrove Ave., Uniondale so severely chomped the 64-year-old victim's ear that it cannot be re-attached, police said. Hidalgo, a mortgage broker, pleaded not guilty at his arraignment before Judge Edmond Dane on first-degree ...
    2007-10-12 11:23:00

  • Mortgage Applications Decline Despite Drop in Interest Rates (PR.com)

    Lonestar Financing, based out of Austin Texas, continued to stay steady in wake of national mortgage downturn. While the national mortgage application declined, Mortgage Broker Houston applications for Lonestarfinancing.com reported a 12% online application increase in September over August. Strong online tactical marketing techniques has helped the Texas based online mortgage company stay ahead ...
    2007-10-12 12:03:09

  • Property Q and A

    Daily Telegraph - Is it a good idea to make an overpayment on our mortgage? A "You can do worse things with the money than put it into the ... Where can I get impartial advice? A Age Concern has produced a very useful free factsheet about equity release, which begins ...
    2007-10-11 01:55:00

  • Foreclosures down in September

    Frederick News-Post - The task force, made up of representatives from lending, banking, affordable housing and real estate, will focus on refinancing, mortgage insurance and counseling. FHA advice The Federal Housing Administration offers information for those facing ...
    2007-10-11 10:59:00

  • A transcript follows.

    Washington Post - Wanted to thank you for your level-headed advice. I'm a single mom of a wonderful 6 year old, and I currently have a mortgage (fixed rate, and bought a much less expensive condo with low fees instead of a bigger townhouse, in her school district) and ...
    2007-10-10 05:59:00

  • Foreclosures nearly double over same month a year ago

    Fort Lauderdale Sun-Sentinel - Never sign a contract under pressure and without legal advice. Do not pay your mortgage payments to someone other than your lender. For more information Contact the Department of Housing and Urban Development to request an approved housing counseling ...
    2007-10-11 02:09:00

  • Virgin choose A&O for Northern Rock

    Lawyer Online - ... Overy (A&O) has landed another role on Northern Rock by advising the Virgin Group on its proposals to the beleaguered mortgage ... Leading advice to Virgin at A&O is corporate partner Andrew Ballheimer. Freshfields Bruckhaus Deringer has already raised ...
    2007-10-12 10:04:00

  • Lessons from the '87 Crash

    MSN MoneyCentral - Buyers refused to enter credit markets this summer on fears about risky mortgage debt. It will take months, maybe years, to ... So the best advice may be to send flowers to your stressed-out stockbroker, stick with your long-term investment strategy ...
    2007-10-12 07:55:00

  • BoE recalls stability expert from retirement

    Times Online - ... of the Bank of England, has pulled his former adviser on financial stability out of retirement to provide personal advice on ... of the Northern Rock crisis, when the disclosure that the Bank of England had provided an emergency lifeline to the mortgage ...
    2007-10-12 04:57:00

  • Traveller sites

    BBC News - ... to court for mortgage arrears, more home owners are falling victim to a new ploy by finance companies. The way it works: companies offer to buy houses at a big discount and then rent them back to the people involved. But the Citizens Advice ...
    2007-10-12 09:00:00

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