Mortgage and Financial News From 2008-3-8 Page 11

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• Portland dentist suddenly closes office without refunding patient

  kgw.com - Boen) has no right to take people's money and leave; she has no right to destroy people's mouths and just leave," said Crane, adding she and her husband had to refinance their home in order to pay off the credit company for the ...
  2008-03-06 08:56:00

• Agency increases cap for mortgage backing

  Houston Chronicle - Home buyers who have applied for an FHA loan but haven't closed can still take advantage of the new limits, as can those who want to refinance into an FHA loan.
  2008-03-05 03:59:00

• Real Estate Appraiser Dawn R Walker of Santa Clarita Announces Her New ...

  PR.com - Santa Clarita, CA, March 08, 2008 --( PR.com )-- Having your home appraised correctly is more important now than ever. ... the Feds raising the jumbo loan limit to well into the $700,000’s, many homeowners in the SCV may now be able to refinance at ...
  2008-03-08 08:25:00

• U.S. Alt-A RMBS Performance Deteriorating Rapidly, Fitch Initiates ...

  Forbes - This development has effectively eliminated the option to sell or refinance a home for many borrowers.' Serious delinquency levels for these Alt-A vintages have been rising rapidly in recent months.
  2008-03-06 12:59:00

• Jumbo loans get FHA backing

  Santa Rosa Press Democrat - Raising the loan limit should boost home sales and could help some homeowners refinance, lenders and industry officials said. Bringing more loans under the conforming limit makes mortgages cheaper, said Chris Peterson, co-owner of Santa Rosa builder ...
  2008-03-06 05:21:00

• Foreclosures hit all-time high

  CNN Money - And falling prices and growing foreclosures create a vicious cycle; the more prices fall the less likely it is that borrowers can use home equity to refinance into more affordable loans, which leads to more defaults.
  2008-03-06 11:33:00

• Sandvine stock hits new low

  Globe and Mail - Home   National British Columbia Prairies Ontario Quebec Atlantic Politics Education ... The credit crunch is making it difficult for the telecom industry to refinance its debt – as they pay more to issue bonds ...
  2008-03-05 03:59:00

• Municipal Bonds Gain for Third Day as Investors Reach for Yield

  Bloomberg - The deal, managed by Bear Stearns Cos., also will refinance debt the authority sold in 1997, 2003 and 2005. ... Decline, Led by Banks on Home Foreclosures; Thornburg Drops U.S.
  2008-03-06 11:48:00

• U.S. home foreclosures climb to record

  Guardian Unlimited - Lower home values make it difficult for struggling homeowners to refinance and can create an incentive for them to simply walk away from their home and mortgage.
  2008-03-06 11:12:00

• Florida Mortgage Lender

  Colleyville Courier - 150,000 Loan for $391/month - Refinance, Home Equity and Purchase. Historic Low Rates From Top Lenders - No Obligation, No SSN Required & Bad Credit OK.
  2008-03-08 03:03:00

• Time to refinance?

  CNN Money - Is it time to refinance? The big headline here is that interest rates on the 30-year fixed mortgage are at historic lows. ... So, if you have an adjustable rate mortgage, and you plan to stay in your home for at least 2 to 3 years, you may really ...
  2008-03-06 10:58:00

• Buyers in high-priced markets get a hand

  Boston Globe - Higher limits would make it cheaper for more borrowers in high-price housing markets such as Boston to buy a home or refinance an existing mortgage.
  2008-03-08 07:35:00

• European Stocks Drop, Led by Banks, Insurers; Asian Shares Rise

  Bloomberg - ... Group Inc.'s plan to raise capital may fail to save the bond insurer's top credit ... Once again, news from the financial industry brings a negative wind of bad news ... to raise as much as $3 billion, enough to overcome record losses on subprime-mortgage ...
  2008-03-06 02:15:00

• News at a Glance

  Smart Money - Stocks posted sweeping losses Thursday as traders fretted over how financial firms are coping with their bad debts. ... A slew of analysts' reports suggest UBS could be in for a rough quarter after possibly selling off its mortgage-backed assets ...
  2008-03-06 01:06:00

• County foreclosures drop as nation's increase

  Meadville Tribune - They fall behind, the bank holding the mortgage forecloses, and the property is sold ... One reason she cites is that many peoople made the adjustments. “It’s bad ... solutions, Jones has scheduled a seminar to help. “Save My Home, Save My Credit ...
  2008-03-08 03:24:00

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