Mortgage And Loan Info News

Tuesday, January 31, 2006

Harte-Hanks 4Q up ahead of estimates


Harte-Hanks 4Q up ahead of estimates
BusinessWeek - 5 hours ago... Bad credit OK. Mortgage Rates at Record Lows Refinance your Mortgage while rates are still low. Compare rates from up to 4 trusted lenders. ...

Housing revival dents rate cut expectations
Reuters.uk, UK - 9 hours ago... And the Bank of England reported mortgage lending rose last month by its biggest amount since mid-2004, when a series of interest rate rises and tough talk ...

Borrower recourse a hot issue in mortgage transactions
Mortage 101 - Jan 30, 2006... recourse?" The question is posed by borrowers who feel they have been treated unfairly, deceptively, untruthfully, or fraudulently by a mortgage broker, lender ...

Mortgage lenders urge Government to take action on HIPs
Easier, UK - 2 hours agoNew reports published today by the Council of Mortgage Lenders (CML) express serious concern to Government over how home information packs (HIPs) will be ...

For more News, Articles, Guides, Tips, Tricks and various Mortgage And Loan Products information... visit our site at http://www.mortgage-and-loan-info.com.

Monday, January 30, 2006

Fitch Rates GSAMP Trust $496MM Mortgage P-T Ctfs, 2006-S1


Fitch Rates GSAMP Trust $496MM Mortgage P-T Ctfs, 2006-S1
[Press Release] Business Wire via Yahoo! Finance - Jan 30 9:37 AM
NEW YORK----Jan. 30, 2006--GSAMP Trust $496 million mortgage pass-through certificates, series 2006-S1, which closed on Jan. 27, 2006, are rated by Fitch Ratings as follows: $273.3 million class A-1 'AAA'; $53.9 million class A-2A 'AAA'; $13.5 million class A-2B 'AAA'; $47.5 million class M1 'AA+'; $41.1 million class M2 'A+'; $12.6 million class M3 'A'; $13.6 million class M4 'A-'; $12.1 Save to My Web

Frequent-flier programs emerge as valuable spinoff possibility
International Herald Tribune - 1 hour, 11 minutes ago
Airlines envisioned them as a simple marketing tool.Save to My Web

News Items In Brief
Ireland Business World - Jan 30 1:06 AM
## Irish Life and Permanent plans to raise between 750m and 1bn euro in new debt this week to help fund a surge in its mortgage lending. The issue, to be managed by the German HVB Group, Merrill Lynch and Societe Generale, is the group's first public debt issue for several years.Save to My Web

For more News, Articles, Guides, Tips, Tricks and various Mortgage And Loan Products information... visit our site at http://www.mortgage-and-loan-info.com.

Sunday, January 29, 2006

Taxes as 'loans': Interest costs low for delinquent firms


Taxes as 'loans': Interest costs low for delinquent firms
Deseret Morning News - Jan 28 11:27 PM
When bankrupt Delta Air Lines recently asked pilots to approve pay cuts, it led to strike threats and bitter struggles. Eventually, pilots reluctantly approved the cuts, after Delta officials said the airline otherwise might go out of business.Save to My Web

Police search for two men in robbery at loans store
St. Petersburg Times - Dec 31 10:17 PM
NEW PORT RICHEY - The Fast Payday Loans on U.S. 19 at Lemon Street was robbed Saturday shortly before 11 a.m. New Port Richey police Detective Randy Murphy decribed the robbers as two black men in their mid to early 20s, about 5 feet 3 and 5 feet 6, and both weighing about 120 pounds.Save to My Web

Special interests are busy donating
Deseret Morning News - Jan 28 11:27 PM
Even though 2005 was not an election year for Utah legislators, many special interests were busy donating to part-time lawmakers anyway.Save to My Web

Faster cash isn't worth inflated cost, experts say
Greensboro News-Record - Jan 28 5:21 AM
Tax refund anticipation loans cost millions of low-income consumers money each year.Save to My Web

Advance America had bad year
The State - Dec 31 12:44 AM
For payday lender Advance America, 2005 could not end fast enough.The Spartanburg-based companys stock tops the list for worst performing over the past 12 months among South Carolinas largest publicly traded companies.Save to My Web

The cost of fast cash
Greensboro News-Record - Jan 28 12:06 AM
Tax refund anticipation loans cost millions of low-income consumers money each year.Save to My Web

For more News, Articles, Guides, Tips, Tricks and various Mortgage And Loan Products information... visit our site at http://www.mortgage-and-loan-info.com.

Saturday, January 28, 2006

GlaxoSmithKline ups Relenza production


GlaxoSmithKline ups Relenza production
BusinessWeek - Jan 28 6:55 AM
JAN. 28 8:53 A.M. ET British drugmaker GlaxoSmithKline PLC said Saturday it will increase its capacity to manufacture more doses of its antiviral drug, Relenza.Save to My Web

Business finance, city and markets news
Interactive Investor - Jan 28 9:19 AM
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.Save to My Web

Belgium investigates cause of dioxin scare
BusinessWeek - Jan 28 6:55 AM
JAN. 28 8:52 A.M. ET The Belgian food safety agency was investigating Saturday how a carcinogenic chemical made its way into pork fat destined to become animal feed, seven years after a dioxins crisis led to the slaughter of millions of chickens and thousands of pigs.Save to My Web

Prepare to Prepare!
The Motley Fool via Yahoo! News - Jan 27 6:40 AM
With tax season right around the corner, you'll soon be inundated with forms and records from various sources. Remember, all of this information has been provided to the Internal Revenue Service, which will compare its numbers against the ones on your tax return. If you fail to report something on your return, your friends at the IRS will probably take an unhappy interest in its absence. Whether Save to My Web

Proton to buy parts from Volkswagen
BusinessWeek - Jan 28 6:54 AM
JAN. 28 5:10 A.M. ET Malaysian national automaker Proton said it will buy parts and products from Volkswagen AG as part of an agreement to cooperate on specific projects, after the German carmaker dropped plans to take a stake in the troubled company.Save to My Web

The European Financial Management & Marketing Association
EFMA - Jan 27 8:15 PM
A website was launched this week in the United Kingdom that pits lenders against one another to secure mortgage business. The aim is to lower the costs of mortgages for borrowers, using the same approach already adopted to achieve lower airline ticket prices.Save to My Web

For more News, Articles, Guides, Tips, Tricks and various Mortgage And Loan Products information... visit our site at http://www.mortgage-and-loan-info.com.

Friday, January 27, 2006

Borrowing to recover from Katrina


Borrowing to recover from Katrina
Bankrate.com - Jan 27 4:27 AM
Dear Dr. Don, I live in the Katrina disaster area and have been offered (passed final approval) a SBA (Small Business Administration) loan for $40,000 at 2.687 percent, which sounds good to me. I have asked for, and have not been able to get, the Annualized Percentage Rate on the loan.Save to My Web

Lenders work on accurate estimates
Stamford Advocate - Jan 27 5:39 AM
It's a distressingly familiar scenario for home buyers and refinancers, and was one of the major mortgage-related consumer complaints to federal agencies last year: "Good faith estimates" of settlement costs that turn out to be hundreds, even thousands, of dollars off the mark.Save to My Web

The European Financial Management & Marketing Association
EFMA - Jan 27 8:15 PM
A website was launched this week in the United Kingdom that pits lenders against one another to secure mortgage business. The aim is to lower the costs of mortgages for borrowers, using the same approach already adopted to achieve lower airline ticket prices.Save to My Web

(AFX UK Focus) 2006-01-27 10:09 GMT: Bradford & Bingley to buy up to 1.4 bln stg mortgage portfolios from GMAC-RFC
Interactive Investor - Jan 27 2:35 AM
LONDON (AFX) - Bradford & Bingley PLC said it has agreed to buy up to 1.4 bln stg in further mortgage portfolios from GMAC-RFC over the next year. The company has already purchased a number of similar loan portfolios from GMAC-RFC for 4.3 bln stg since September 2002.Save to My Web

Loan fliers spur alert by industry
Contra Costa Times - Jan 27 6:18 AM
As alternative mortgages grow in popularity, a real estate trade group is warning that a growing number of advertisements for such loans are misleading consumers about their true costs.Save to My Web

Mortgage Brokers Expected to see Significant Decline in 2006 Originations
[Press Release] PR Web via Yahoo! News - Jan 27 4:00 AM
San Diego, CA (PRWEB) January 27, 2006 -- In 2006, originations are expected to decline by more than 20 percent from last year s level of 2.Save to My Web

New-home sales climb in Dec., set record for 2005
USA Today - Jan 27 7:28 AM
Sales of new homes expectedly rose 2.9% in December as mortgage rates dipped, but home prices fell for a third month and the number of houses on the market hit a record, according to a government report on Friday.Save to My Web

For more News, Articles, Guides, Tips, Tricks and various Mortgage And Loan Products information... visit our site at http://www.mortgage-and-loan-info.com.

Thursday, January 26, 2006

Banking Commish Wants To Bounce Payday Lenders


Banking Commish Wants To Bounce Payday Lenders
Morganton News Herald - Dec 28 9:00 PM
Morganton - Mark visited a payday lender and borrowed $500, and he's paying $90 in interest and fees to borrow the money for two weeks. The state banking commissioner says that's too much and has already shut down one payday lender.Save to My Web

QC will try to block N.M. regulations
The Business Journal of Kansas City - Jan 26 7:10 AM
QC Holdings Inc. plans legal action to stop regulations adopted in New Mexico that the company said effectively outlaw payday loans in the state.Save to My Web

Crackdown on payday loan businesses
Las Vegas Sun - Dec 29 7:54 AM
CARSON CITY -- A legislative committee approved regulations Wednesday to curb abuses by the expanding payday loan and check cashing industry, the target of a multitude of consumer complaints.Save to My Web

20 signs of a bad loan
Bankrate.com via Yahoo! Finance - Jan 26 3:00 AM
Even if you're desperate, avoid loans that offer these kinds of deals.Save to My Web

Proposed payday lender regs questioned
Pacific Business News - Dec 27 5:29 PM
Hawaii's auditor said Tuesday that the state should tighten proposed regulations for payday lenders.Save to My Web

Brean Murray, Carret Small Cap Institutional Investor Conference Presenter Profiles
[Press Release] Business Wire via Yahoo! Finance - Jan 26 8:02 AM
NEW YORK----Jan. 26, 2006--Brean Murray, Carret Small Cap Institutional Investor Conference takes place Jan. 31 - Feb. 01 at the Grand Hyatt New York. For in-depth information about the event, visit http://www.breanmurraycarret.com/winter2006conference.html .Save to My Web

Legislature may go after 'payday loans'
KRQE Albuquerque - Jan 25 11:21 AM
SANTA FE -- A measure introduced in the New Mexico House of Representatives aimed to limit the fees collected on payday loans. Democratic Representative Patty Lundstrom of Gallup says the measure is a consensus proposal that would address concerns both from lenders and consumer advocates.Save to My Web

Cash America Issues $40 Million of Long-Term Fixed Rate Notes
[Press Release] Business Wire via Yahoo! Finance - Dec 29 11:17 AM
FORT WORTH, Texas----Dec. 29, 2005--Cash America International, Inc. announced today that the Company has issued senior unsecured long-term notes to a group of institutional investors in the amount of $40.0 million.Save to My Web

For more News, Articles, Guides, Tips, Tricks and various Mortgage And Loan Products information... visit our site at http://www.mortgage-and-loan-info.com.

Wednesday, January 25, 2006

Cashpoint that paid out twice


Cashpoint that paid out twice
Scotsman, United Kingdom - Jan 24, 2006 Across the road at BDS Mortgages, mortgage broker James Wilcox, 30, and Gavin Rutherford, 25, told how they looked on incredulously as the queue grew.

Clubbing together on the internet could lead to cheaper mortgages
Mirror.co.uk, UK - 13 hours ago Nick Gardner of broker Chase De Vere Mortgage Management said: "It relies on getting sufficient traffic to the website which all operators find challenging

European Indexes Up at Midday
BusinessWeek - 4 hours ago Key on the broker front, Morgan Stanley initiated coverage of Hypo Real Estate Mortgage lender Northern Rock (+1.33%) unveiled a strong set of fiscal year

MortgageBrokers.com Adds $200 Million in Originations to Network
Market Wire (press release) - 5 hours ago The Company Continues to Successfully Execute Its Consolidation Strategy in the North American Mortgage Broker Market With the Addition of Lending Source

Rising Interest Rates not as Costly to Mortgage Borrowers as
Emediawire (press release), WA - 3 hours ago Learn what to ask a mortgage broker before it s too late and why more transparency and accountability in the mortgage industry will save borrowers money

For more News, Articles, Guides, Tips, Tricks and various Mortgage And Loan Products information... visit our site at http://www.mortgage-and-loan-info.com.

Tuesday, January 24, 2006

Freddie Mac Monthly Volume Summary: December 2005


Freddie Mac Monthly Volume Summary: December 2005
PR Newswire (press release), NY - 5 hours ago offset by monthly commitments to sell mortgage-related securities out of the Retained portfolio and (b) the net amount of monthly mortgage loan purchases and

Seniors consider reverse mortgage
Hernando Today, FL - 9 hours ago are state and county closing costs associated with the mortgages, which are typically the same as a regular mortgage and can also be financed into the loan.

Premier Valley Bank Partners With MoneyLine Lending Services to
Market Wire (press release) - Jan 23, 2006 support, which helped the bank establish an online home loan program. In addition, MoneyLine's ongoing training will ensure the bank's mortgage personnel can

Ultra Petroleum posts higher reserves
BusinessWeek - 3 hours ago Fill out 1 form, and regardless of credit receive up to 4 loan offers in minutes from our certified lenders. When Banks Compete, You Win! Mortgage Rates at

For more News, Articles, Guides, Tips, Tricks and various Mortgage And Loan Products information... visit our site at http://www.mortgage-and-loan-info.com.

Monday, January 23, 2006

Experts Available to Discuss New Home Construction Reached Record


Experts Available to Discuss New Home Construction Reached Record
Business Wire (press release), CA - 29 minutes ago However, economists expect construction to slow this year as mortgage rates are beginning of South Carolina and Webster University, and was a broker for Dean

Good faith estimate not set in stone
Mortage 101 - 10 hours ago Strategy two is to select an Upfront Mortgage Broker (UMB) to shop for you at a fee specified in advance. UMBs are also listed on my site.

With rates rising, is ARM better deal?
The Register-Guard, Oregon - 22 hours ago in and out of the house, then you will save money by going with a lower rate,'' said Steve LaDue, president of Affiliated Mortgage, a mortgage broker based in

Funny mom a reality show finalist
Cincinnati Enquirer, OH - 8 hours ago A mortgage broker, Montgomery says she can take two weeks off next month to tape the reality show, which is scheduled to air beginning April 4.

No tax owed on loan
Long Beach Press-Telegram, CA - Jan 22, 2006 To find a local hard money mortgage broker, consult the phone book yellow pages or the newspaper classified ads under real estate loans. .

For more News, Articles, Guides, Tips, Tricks and various Mortgage And Loan Products information... visit our site at http://www.mortgage-and-loan-info.com.

Sunday, January 22, 2006

Mortgage Bulk Buying Power Online


Mortgage Bulk Buying Power Online
Ananova - Jan 22 12:12 AM
An online mortgage service claims it can cut the cost of borrowing by making lenders bid for business.Save to My Web

Sir Victor Blank favourite to take Lloyds TSB chair
Independent - 2 hours, 14 minutes ago
Sir Victor Blank, the chairman of the newspaper publisher Trinity Mirror and the retail conglomerate GUS, is the front-runner to take on the same role at Lloyds TSB bank.Save to My Web

Buying a home on a half-century plan
Los Angeles Times - Jan 22 12:11 AM
Is there such a thing as a 50-year mortgage? It's one way to lower your monthly payments, so expect to see it offered.Save to My Web

On The Move
The Charlotte Observer - Jan 22 12:52 PM
Shang Andrews joined Zapata Engineering as a senior systems engineer in the strategic technologies division.Heather Arnder joined Shea Homes as an office administrator.Save to My Web

Business Briefs
Honolulu Star-Bulletin - Jan 21 5:43 AM
David Carey, head of local hotel company Outrigger Enterprises , has been elected chairman of the Hawaii Business Roundtable and will serve for the next 18 months.Save to My Web

Fueling the Fire
Potentials Magazine - Jan 22 2:57 PM
More than any others in your business, sales teams rely on incentives to lift performance. But don't just throw cash and merchandise at your salespeople; take some tips from these companies that make incentives an integral part of their corporate cultures.Save to My Web

Ameriquest fraud settlement expected to total $325M
Quad-City Times - Jan 22 12:05 AM
WASHINGTON State prosecutors and lending regulators next week plan to announce a $325 million settlement with Ameriquest Mortgage Co., the nations largest home lender to people with bad credit, according to numerous sources involved in the negotiations.Save to My Web

For more News, Articles, Guides, Tips, Tricks and various Mortgage And Loan Products information... visit our site at http://www.mortgage-and-loan-info.com.

Saturday, January 21, 2006

Do the Puyallup, downtown


Do the Puyallup, downtown
TheNewsTribune.com (subscription), WA - Jan 20, 2006 more practical putting the train station somewhere else in a field someplace, said Kerry Yanasak, downtown building owner, mortgage broker and president

Rice targets mortgage revolution
Scotsman, United Kingdom - 2 hours ago The company will act as a mortgage arranger rather than broker, providing as wide a range of mortgages as possible but steering clear of offering advice.

Broker snap: Northern priced in good times
Life Style Extra, UK - Jan 20, 2006 Mortgage lender Northern Rock was downgraded to 'equalweight' from 'overweight' at Morgan Stanley as the broker cited valuation grounds.

Broker tips: Int'l Power, Shire, Pearson, Northern Rock
ShareCast, UK - Jan 20, 2006 Mortgage lender Northern Rock was downgraded to 'equalweight' from 'overweight' at Morgan Stanley as the broker cited valuation grounds.

Real estate rates stuck in neutral
TMCnet - Jan 20, 2006 Lou Barnes is a mortgage broker and nationally syndicated columnist based in Boulder, Colo. He can be reached at lbarnes@boulderwest.com. What's your opinion?

For more News, Articles, Guides, Tips, Tricks and various Mortgage And Loan Products information... visit our site at http://www.mortgage-and-loan-info.com.

Friday, January 20, 2006

QC Holdings, Inc. Announces Completion of Credit Facility


QC Holdings, Inc. Announces Completion of Credit Facility
[Press Release] Business Wire via Yahoo! Finance - Jan 19 3:11 PM
OVERLAND PARK, Kan.----Jan. 19, 2006--QC Holdings, Inc. announced that it closed a three-year, $45 million revolving bank credit facility. The facility provides the Company additional capital for general corporate purposes, capital expenditures and acquisition opportunities.Save to My Web

John Ruiz' manager Norman Stone retires
Boxing Insider - Dec 22 8:33 PM
WILMINGTON, Mass. (December 22, 2005) - Colorful boxing manager Norman "Stoney" Stone today announced his retirement from his Massachusetts home. Stone had been two-time world heavyweight champion John "The Quietman" Ruiz' manager and cutman for the past 20 years dating back to Ruiz' amateur days.Save to My Web

Payday loan company accused of charging 'criminal' rates
Brandon Sun - 5 minutes ago
WINNIPEG Winnipeg police charged a payday loan company Thursday with levying criminal interest rates, and verbally accused payday loan companies across Canada of breaking the law.Save to My Web

Banks reject some; some reject banks
The Wichita Eagle - 2 hours, 6 minutes ago
After getting off work Friday, Wichita resident Mike Bode drove to Daddy's Money Pawn Shop to cash his paycheck. Bode doesn't keep a bank account, so he lives a cash-only life, getting his money from places such as Daddy's Money and paying bills by money order.Save to My Web

Activists seek loan restraints
The Des Moines Register - Dec 22 2:26 AM
Consumer advocates will urge state lawmakers again in 2006 to rein in loans that they believe cripple Iowans financially, such high interest rate...Save to My Web

Thousands sue Phila. payday lender
Delaware Online - Dec 22 1:01 AM
PHILADELPHIA -- A class-action lawsuit claims a Philadelphia check-cashing businesses that charged astronomical interest rates on short-term loans should reimburse thousands of customers.Save to My Web

Attorney general hopeful touts record as prosecutor before Democratic group
Roswell Daily Record - Jan 19 8:23 AM
Protecting New Mexicans from all forms of crime is a critical part of the job of the state attorney general, and Democratic primary candidate Lemuel Martinez hopes he can lead the battle.Save to My Web

'Payday' lending, high interest under fire in lawsuit
Pittsburgh Post-Gazette - Dec 22 9:38 PM
PHILADELPHIA -- Thousands of people who borrowed money from one of the city's biggest check-cashing businesses should be reimbursed for the astronomical interest they were charged because the rates were illegal, according to a lawsuit filed Wednesday.Save to My Web

For more News, Articles, Guides, Tips, Tricks and various Mortgage And Loan Products information... visit our site at http://www.mortgage-and-loan-info.com.

Thursday, January 19, 2006

Manitoba man joining huge class-action suit


Manitoba man joining huge class-action suit
Winnipeg Free Press (subscription), Canada - 5 hours ago Court documents state that Instaloan stopped providing payday loans in April 2005, having sold that business to another firm. The

6 arrested in connection to Youree Drive robberies
Shreveport Times, LA - 10 hours ago the 100 block of Southfield Road -- along with two recent robberies of Thrifty Liquor in the 8600 block of Youree Drive and the robbery of Payday Loans in the

First Bank of Delaware Reports Fourth Quarter and 2005 Earnings
Yahoo! News (press release) - Jan 18, 2006 Fourth quarter earnings were, and future earnings will be, negatively affected by a substantial reduction in payday loans made by the Company due to an earlier

/CORRECTION -- EZCORP, Inc./
Yahoo! News (press release) - 20 hours ago locations and 98 EZPAWN locations open at December 31, 2005, the Company offers short-term non- collateralized loans, often referred to as payday loans, or fee

Conservative 527 group attracts contributions
DesMoinesRegister.com, IA - 7 hours ago tobacco firms, a giant beer manufacturer and the management company of payday lender LoanMax A bill that would cap annual interest rates on title loans at 21

Republic's profit falls in 4Q, but hits full-year record
Louisville Business First, KY - Jan 18, 2006 the difference between what the company earned on its investments and loans and the A flattening yield curve and income loss in Republic's payday loan program

For more News, Articles, Guides, Tips, Tricks and various Mortgage And Loan Products information... visit our site at http://www.mortgage-and-loan-info.com.

Wednesday, January 18, 2006

Pen pals


Pen pals
San Francisco Bay View - Dec 22 4:38 AM
San Francisco The California Reinvestment Coalition released a new report Thursday finding that people of color, communities of color and rural towns are more likely to receive higher-cost home loans and that people of color in California could be paying $50 million more than white borrowers every month as a result of higher-cost home loans.Save to My Web

TCF National Bank Announces Payroll Direct Deposit Service
[Press Release] PR Newswire via Yahoo! Finance - Dec 20 1:07 PM
TCF National Bank announced today a new service for small and middle market businesses to offer direct deposit to their employees.Save to My Web

Payday lender to appeal ban by N.C.
The Charlotte Observer - Dec 24 4:09 AM
Advance America, Cash Advance Centers, said late Thursday that it will appeal a state order barring it from making new loans in North Carolina. That news appeared in some editions of Friday's Observer. Advance America was the state's largest payday lender until it suspended lending in September. On Thursday, the state's chief banking regulator barred the company from further lending, saying its Save to My Web

Banking and Financial
Mondaq - Dec 20 11:19 AM
A significant number of class actions certified by Canadian courts in the last few years have targeted financial institutions. Many of these class actions attack fees and other charges, which the plaintiffs allege are hidden from customers, or constitute usury.Save to My Web

Legislators consider cap on payday loan rates
Albany Democrat-Herald - Jan 17 9:12 AM
SALEM (AP) Consumer advocates are stepping up pressure on Oregon legislators to cap the loan rates charged by payday lenders throughout the state. Rates can average more than 500 percent when averaged out over a single year.Save to My Web

Cash America Issues $40 Million of Long-Term Fixed Rate Notes
[Press Release] Business Wire via Yahoo! Finance - Dec 29 11:17 AM
FORT WORTH, Texas----Dec. 29, 2005--Cash America International, Inc. announced today that the Company has issued senior unsecured long-term notes to a group of institutional investors in the amount of $40.0 million.Save to My Web

BBB says beware of payday loans
KXLY-TV Spokane - Dec 23 6:50 PM
SPOKANE- If you have overspent this holiday season and your in need of fast cash, consumer experts are warning you away from so called "payday loans."Save to My Web

For more News, Articles, Guides, Tips, Tricks and various Mortgage And Loan Products information... visit our site at http://www.mortgage-and-loan-info.com.

Tuesday, January 17, 2006

Beyond the peak


Beyond the peak
The Santa Rosa Press Democrat - Jan 16 3:23 AM
market eases from record heights, the past year will be remembered as the time when sales and prices peaked after a remarkable seven-year run.Save to My Web

A brokerage is the land of the fee
Waterloo Cedar-Falls Courier - Jan 17 2:39 AM
Q: Dear Mr. Berko: I have $30,000 to invest for 12 months in something that is absolutely safe and guaranteed. I can't afford to take any risks with this money. I'm considering a 12-month, 3.9 percent certificate of deposit offered by my broker.Save to My Web

China urged to keep major stake in banks
BusinessWeek - Jan 17 3:54 AM
JAN. 17 5:39 A.M. ET The government must keep its status as the majority shareholder of state banks to ensure China's economic and financial security, a senior official said in remarks published Tuesday.Save to My Web

'Valley of the Dammed' Opens to Traffic Soon: Commuters to Begin Using New Half-Mile Section of S.C. 6 Between Two
RedNova - 2 hours, 28 minutes ago
By Tim Flach, The State, Columbia, S.C. Jan. 17--Commuters between Irmo and Lexington will travel through "the valley of the dammed" as early as this weekend. That's the nickname for a new half-mile section of S.C. 6 between Lake Murray's two dams.Save to My Web

For more News, Articles, Guides, Tips, Tricks and various Mortgage And Loan Products information... visit our site at http://www.mortgage-and-loan-info.com.

Monday, January 16, 2006

Legislators consider cap on payday loan rates


Legislators consider cap on payday loan rates
OregonLive.com, OR - 20 hours ago situations even more desperate," said Rep. Debi Farr, R-Eugene, the chairwoman of the House Interim Subcommittee on Payday Loans.

Legislators eye short-term lending
Sioux Falls Argus Leader, SD - 12 hours ago Payday loans are limited to a $500 maximum and four extensions. The banking division is conducting a study of the industry's effect on consumers.

Northwest briefs
The Olympian, WA - 1 hour ago on Oregon legislators to cap the loan rates charged by payday lenders throughout the reflecting a cash-strapped public s rising demand for short-term loans.

For more News, Articles, Guides, Tips, Tricks and various Mortgage And Loan Products information... visit our site at http://www.mortgage-and-loan-info.com.

Sunday, January 15, 2006

First African American Principal Broker for NY-Based TAMCO Capital


First African American Principal Broker for NY-Based TAMCO Capital
Emediawire (press release), WA - Jan 14, 2006 Napier was appointed Principal Broker. TAMCO Capital LLC retains private note investing, commercial mortgage and business loan brokering as its primary services

Watch out for this fool's platinum
This is Money, UK - 19 hours ago According to mortgage broker London & Country, someone borrowing 145,950 over 25 years from Leeds would see monthly repayments jump from 614.95 to 997.10

Bragging writes
Marion Chronicle Tribune, IN - 18 hours ago Fairway company. Fairway is the 10th largest mortgage broker in the country with total annual loan volume of more than $1 billion.

5 guilty in mortgage scheme
Jackson Clarion Ledger, MS - Jan 14, 2006 Ernest Wayne White Jr., 36, a mortgage broker, pleaded guilty to money laundering. He was accused of making eight fraudulent loans totaling $418,000.

Seek professional's advice to determine `stepped-up basis'
Miami Herald, FL - 19 hours ago a mortgage or deed of trust, signed and notarized by the property owner, is recordable. Robert J. Bruss is a California lawyer and licensed real estate broker.

Elkins Park broker found liable in 'predatory' mortgage case
Philadelphia Daily News, PA - Jan 14, 2006 HARRISBURG - In a case involving an Elkins Park mortgage broker, a state appeals court ruled yesterday that predatory mortgage loans that target black

For more News, Articles, Guides, Tips, Tricks and various Mortgage And Loan Products information... visit our site at http://www.mortgage-and-loan-info.com.

Friday, January 13, 2006

LoanPerformance Announces 2006 Symposium Series


LoanPerformance Announces 2006 Symposium Series
Yahoo! News (press release) - 20 hours ago databases track the delinquency and prepayment performance of 46 million active individual mortgage payments per month and provide loan-level information on

Bankrate: Mortgage Rates at Three-Month Low
PR Newswire (press release), NY - 13 hours ago During the heat of mid-July, the average 30-year fixed mortgage rate was 5.76 percent, meaning that the monthly payment on a loan of $165,000 was $963.94.

Fitch Upgrades 4, Lowers 2, Affirms 32 Classes from 6 Chase
Business Wire (press release), CA - 21 hours ago 2005 distribution date, the transactions are seasoned from a range of 48 to 69 months, and the pool factors (current mortgage loan principal outstanding as a

2005 Resale Market Closes More Than 8 Percent Ahead of 2004 Record
Arizona State University, Tempe - 2 hours ago Based on 85 percent loan-to- value, the mortgage payment would have been $845 in 2004 (with interest at 5.5 percent) to $1,175 for 2005 (with interest at 5.6

For more News, Articles, Guides, Tips, Tricks and various Mortgage And Loan Products information... visit our site at http://www.mortgage-and-loan-info.com.

Thursday, January 12, 2006

The UK Market for Current Accounts and Offset Mortgages Has


The UK Market for Current Accounts and Offset Mortgages Has
Business Wire (press release), CA - 4 hours ago niche sector. One OSM lender, which has tailored its offset mortgage offering toward this end is the Yorkshire Building Society.

Quintek Releases Shareholder Letter Discussing Revenue Growth
Market Wire (press release) - 3 hours ago Quintek has been providing mortgage processing services for the flagship west coast office of a $22 billion lender and division of one of the largest

Lock in interest rate, terms and points
Weston Town Crier, MA - 12 hours ago In fact, I think a rate lock is so important these days that part of your decision in choosing one lender and/or mortgage product over another should be the

POST OF THE DAY
Motley Fool - 22 hours ago need for reserves but still place the liability for default on the lender. banks have been the prime beneficiaries of mounting consumer and mortgage debt as

Europe: Takeover speculations helps to fuel rebound
International Herald Tribune, France - 7 hours ago HBOS, Britain's largest mortgage lender, rose after Morgan Stanley and Credit Suisse First Boston raised their price forecasts.

(PZ) ET Financial Announces Automated Small Business Loan
Houston Chronicle, United States - 21 hours ago With OSCAR(r), community banks and mortgage bankers can That's one of the key ways they define 'good service.' A year from now, any lender, no matter how large

For more News, Articles, Guides, Tips, Tricks and various Mortgage And Loan Products information... visit our site at http://www.mortgage-and-loan-info.com.

Wednesday, January 11, 2006

Fidelity Assets Debuts Innovative Search Engine Marketing


Fidelity Assets Debuts Innovative Search Engine Marketing
Market Wire (press release) - 8 hours ago When a real estate agent or mortgage broker becomes our client, we build a customized search engine marketing program precisely targeting home buyers and

Don't be misled by the 'mortgage sale' signs
Telegraph.co.uk, United Kingdom - 9 hours ago But Ray Boulger of John Charcol, another broker, reckons the HSBC offer is a January sale" with "up to 50 per cent off selected mortgage arrangement fees with

Agent says legal woes won't stop Black sale
Palm Beach Daily News, FL - Jan 10, 2006 Palm Beach broker John Pinson agrees the governmental claims are not impediments to a sale. It's no different than any property with a mortgage.

For more News, Articles, Guides, Tips, Tricks and various Mortgage And Loan Products information... visit our site at http://www.mortgage-and-loan-info.com.

Tuesday, January 10, 2006

New appointments at Lester Aldridge


New appointments at Lester Aldridge
Creditman, UK - 2 hours ago Association to write a report on behalf of its secured lender members concerning FSA risk supervision and ARROW visits under the new mortgage regulation regime

Eight Great (and Often Unexpected) Ways to Lower Your Tax Bill
NewsBlaze (press release), CA - 2 hours ago Trade consumer debt for mortgage debt. Suppose that you own real estate and haven't borrowed as much money as a mortgage lender currently allows.

Value league topped by first direct mortgage
Money News, UK - Jan 9, 2006 study by the financial information group Moneyfacts discovered that the lender performed better rate (SVR) at 5.5 per cent on a 150,000 mortgage was better

Why the yield curve matters
Cincinnati Post, OH - 7 hours ago Michael L. Moskowitz, president of mortgage lender Equity Now in New York, said "fixed-rate mortgages, which are following the 10-year Treasury bond, are an

For more News, Articles, Guides, Tips, Tricks and various Mortgage And Loan Products information... visit our site at http://www.mortgage-and-loan-info.com.

Monday, January 09, 2006

Executive Summary


Executive Summary
Black Enterprise, NY - Jan 8, 2006 Irvine-based subprime mortgage lender New Century Financial Corp.'s loan volume was $5.1 billion in November, up 42% from a year ago.

UK House Prices Climbed 1% in December, HBOS Plc Says
Bloomberg - 8 hours ago 1 percent to an average of 171,632 pounds ($303,669) from 170,086 pounds in November, adjusted for seasonal swings, the UK's biggest mortgage lender said in a

Triad Guaranty Inc. Appoints Kessinger as Assistant to the
dBusinessNews Triad (press release), NC - 8 hours ago owned subsidiary, Triad Guaranty Insurance Corporation, is a nationwide mortgage insurer providing credit enhancement solutions to its lender customers and the

New Jersey firm revives Money Store name
MSNBC - 8 hours ago Mortgage Lending Direct was started in 2002 by Dear, the former financial officer for the old lender. That company this spring bought

Know all your options before finalizing on mortgage
Poughkeepsie Journal, NY - Jan 8, 2006 said one of the best ways to ensure you end up with a mortgage that will work as well for you now as in the future, is to talk with a mortgage lender.

Blow out cobwebs by putting your finances in fighting shape
Irish Independent, Ireland - 13 hours ago 1. Review your mortgage rate by checking it against the best deals in our Good Buys table published on Thursday. If it is out of line, ask your lender to give

Decoding mortgage lender rate sheets
Mortage 101 - 9 hours ago This is especially true of mortgage brokers, who receive different rate sheets, no two of them alike, from every wholesale lender with whom they do business.

Can high credit score help cancel mortgage insurance?
Mortage 101 - 9 hours ago After you achieve at least 20 percent equity in your house or condo, ask your mortgage lender to cancel your PMI premium, which is then unnecessary to protect

For more News, Articles, Guides, Tips, Tricks and various Mortgage And Loan Products information... visit our site at http://www.mortgage-and-loan-info.com.

Sunday, January 08, 2006

HOUSTON MORTGAGE MONITOR


HOUSTON MORTGAGE MONITOR
Houston Chronicle - Jan 07 10:59 PM
INDIVIDUAL LENDER RATES The mortgage interest rate list represents a sampling of rates as quoted by lenders in the Houston market on Friday. Rates, which may change on Monday, are for 90 percent loans and do not include origination fees. The numbers in parentheses after the rates are discount points. A point is equal to 1 percent of the loan amount Save to My Web

Become a Discriminating Debtor in 2006
Fox News - Jan 07 6:29 AM
This week, Gail says: All debt is not created equal, and debt isn't always badSave to My Web

Rate-lock anxiety rises with mortgage rates
Bankrate.com - Jan 08 4:29 AM
Get your rate lock in writing, in the form of a loan commitment from the lender.Save to My Web

Report says Cunningham wore wire
North County Times - Jan 07 6:41 PM
Authorities on Friday refused comment on a report that former 50th District Congressman Randy "Duke" Cunningham wore a wire to record conversations with unidentified associates before pleading guilty to tax and bribery charges in November.Save to My Web

Wave goodbye to final salary pensions in 2006
The Scotsman: Business - Jan 07 4:40 PM
IF 2006 is set to become Year Zero for company pension schemes, as many are predicting, it certainly got off to a rip-roaring start.Save to My Web

Equity loans, refinancings still of interest
The Arizona Republic - Jan 07 7:59 PM
Unless you were incarcerated, out of the country or so desperately in love that you didn't care about your mortgage, you refinanced during the past three years. Rates fell to record lows, and refinancing helped borrowers lower monthly payments.Save to My Web

For more News, Articles, Guides, Tips, Tricks and various Mortgage And Loan Products information... visit our site at http://www.mortgage-and-loan-info.com.

Saturday, January 07, 2006

Tired of renting? Here are some home-buying pointers

Tired of renting? Here are some home-buying pointers
DetNews.com, MI - Jan 7, 2006 Remember that mortgage reps don't make their commission dollars unless they get Credit Handbook," advises would-be homeowners to seek out a lender who will

For more News, Articles, Guides, Tips, Tricks and various Mortgage And Loan Products information... visit our site at http://www.mortgage-and-loan-info.com.

Friday, January 06, 2006

Credit in our lives


Credit in our lives
Bankrate.com - Jan 06 4:30 AM
America's road to debt is paved in plastic -- Americans are in "debt denial," claiming they're good at handling money, yet concerned about not being able to pay their monthly credit card bills.Save to My Web

MPLT halts suit vs Rota group for 60 days
Saipan Tribune - Jan 05 2:52 AM
The Marianas Public Land Trust has agreed to grant a local non-profit organization on Rota a 60-day reprieve to settle its delinquent loan accounts. During this period, the MPLT shall not pursue its lawsuit against the group, APLE 501.Save to My Web

Interest Rate Roundup
Bankrate.com via Yahoo! Finance - Jan 06 3:00 AM
Here's a look at the state of interest rates on five common consumer banking products and the latest rates from Bankrate.com's weekly national survey of large banks and thrifts.Save to My Web

More Michigan business
Detroit Free Press - Jan 06 2:08 AM
ABN AMRO Mortgage Group Inc. , has agreed to a $41-million settlement with the federal government -- the largest in the history of the Federal Housing Administration -- to avert a lawsuit over its failure to properly certify more than 28,000 federally insured mortgages nationwide.Save to My Web

City goes to court over $700K GGI loan
Daily Journal - Jan 05 3:09 AM
MILLVILLE -- A legal technicality is forcing the city into court to recoup a large loan made to the now-defunct manufacturing firm The Glass Group Inc.Save to My Web

Madison County News...
MainStreet Newspapers - Jan 05 8:52 AM
Notice of Sale Notice of Sale Under Power State of Georgia County of Madison Because of a default in the payment of the indebtedness secured by a Security Deed executed by Kenneth W. Bodiford and Lisa D. Bodiford to Mortgage Electronic Registration Systems, Inc. dated September 12, 2002, and recorded in Deed Book 492, Page 28, MADISON County Records, said Security Deed having been last sold, Save to My Web

Basic Question Seniors Have About Reverse Mortgages: How Much Money Will I Get? Answered Online by Calculator on
[Press Release] PR Web - Jan 05 12:21 AM
NewRetirement LLC has added a new feature to their websites analysis of retirement services a reverse mortgage calculator. The calculator estimates the reverse mortgage loan amount a senior can expect to receive from reverse mortgage lenders. [PRWEB Jan 5, 2006]Save to My Web

Valley's driven by greed
Desert Sun - Jan 05 4:11 AM
Vic Gainer hit the nail dead center in his Dec. 29 Valley Voice advising us that the "perfect economic storm" is around the bend, when loans are called to convert to fixed mortgages in 2007 on the ever popular interest only mortgage loans and adjustable rate mortgages that people have used to buy into the housing market here in the desert and elsewhere in the country ("Year of the 'perfect Save to My Web

For more News, Articles, Guides, Tips, Tricks and various Mortgage And Loan Products information... visit our site at http://www.mortgage-and-loan-info.com.

Thursday, January 05, 2006

Inverted Yield Curve May Cause Reevaluation


Inverted Yield Curve May Cause Reevaluation
AP via Yahoo! News - Jan 04 12:39 PM
The yield curve turned upside down in late December, leading some financial experts to suggest that consumers need to re-evaluate their saving and borrowing strategies in the new year.Save to My Web

Dutch bank's U.S. unit falsified FHA reviews
Baltimore Sun - Jan 05 5:01 AM
An American unit of ABN Amro Holding NV, the largest Dutch bank, agreed yesterday to pay $16.85 million and forgo $24.35 million in insurance claims to settle U.S. government findings the company mishandled federally insured loans. Save to My Web

Europe shares hit fresh highs
The Australian - Jan 04 2:14 PM
EUROPEAN stocks powered on to a fresh 4-1/2 year high overnight, led by industrials and retailer Next, with the broad market cheered by signals the US interest rate tightening cycle might be near its end.Save to My Web

Deciphering title insurance
Pittsburgh Post-Gazette - Jan 04 9:10 PM
Title insurance -- designed to protect homeowners and lenders from the chance that someone, someday will lay claim to their property -- is drawing intense scrutiny from regulators.Save to My Web

ABN Amro to Forfeit $41 Mln for U.S. Mortgage Errors (Update3)
Bloomberg.com - Jan 04 1:36 PM
Jan. 4 (Bloomberg) -- A unit of ABN Amro Holding NV, the largest Dutch bank, agreed to pay $16.85 million and forgo $24.35 million in insurance claims to settle U.S. government findings the company mishandled federally insured loans.Save to My Web

Home loan applications fall 4th straight week
Reuters via Yahoo! News - Jan 04 8:26 AM
U.S. mortgage applications fell for a fourth straight week last week despite a jump in refinancings as lower interest rates on fixed-rate loans enticed home-owners to switch out of adjustable-rate mortgages, an industry trade group said on Wednesday.Save to My Web

For more News, Articles, Guides, Tips, Tricks and various Mortgage And Loan Products information... visit our site at http://www.mortgage-and-loan-info.com.

Wednesday, January 04, 2006

Payday lenders donated to Black and lieutenant


Payday lenders donated to Black and lieutenant
Charlotte Observer, NC - 7 hours ago Payday lenders supported the bill passed by the House in 2003, which limited such loans to $300. Consumer groups, however, said

For more News, Articles, Guides, Tips, Tricks and various Mortgage And Loan Products information... visit our site at http://www.mortgage-and-loan-info.com.

Tuesday, January 03, 2006

Payday lender to appeal N.C. order


Payday lender to appeal N.C. order
The The Business Journal of the Greater Triad Area - Dec 23 7:45 AM
Advance America says it will appeal an N.C. Commissioner of Banks order to halt payday lending operations in North Carolina.Save to My Web

Quick Payday to refund $2M
Denver Business Journal - Dec 23 10:27 AM
Quick Payday Inc. has agreed to pay $2 million to 15,000 Coloradans for making illegal "payday" loans via the Internet.Save to My Web

Hampden Group, Inc. Announces Launch of New Corporate Website
[Press Release] PR Web - Dec 23 12:15 AM
HampdenGroupInc.com provides customers, partners and investors with the latest information on the company and its growing portfolio of financial services. [PRWEB Dec 23, 2005]Save to My Web

Pen pals
San Francisco Bay View - Dec 14 6:08 PM
On Wednesday, Dec. 14, at 12 noon, outside Wells Fargo headquarters at 465 California St. in San Francisco, shareholders and customers of the bank, along with community groups, will picket Wells Fargos predatory lending practices and payday loans.Save to My Web

Pay-day loan shops face regulations
Albany Democrat-Herald - Dec 12 2:47 PM
PORTLAND (AP) Legislators, activists and a Portland city commissioner say they will move to further limit practices of the hundreds of payday loan off-ices across the state.Save to My Web

How Lisa Cotton Gets By
Hampton Roads Daily Press - Dec 21 1:35 AM
The Daily Press investigates how low-income people in Hampton Roads juggle five basic necessities.Save to My Web

Expect busy roads, more air security
News 14 Charlotte - Dec 23 5:01 AM
This holiday season, expect more brake lights on the highways and more passenger screening at airports. The good news: Your tweezers and nail clippers can fly with you.Save to My Web

Worth doing? Worth doing right
Forsyth County News Front Page - Dec 14 3:43 AM
My last article was about recapturing that "can do" spirit that made this nation great.Save to My Web

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Monday, January 02, 2006

Poor Communities and Advocates Fight Tax-time Deception


Poor Communities and Advocates Fight Tax-time Deception
The NewStandard, NY - 6 hours ago City ordinances also require that loan advertisements clearly display the full like debt-inducing paycheck advance loans and predatory mortgage lending, which

Clock is running down on 'cheap' mortgages
Sarasota Herald-Tribune, FL - Jan 1, 2006 rates, and will continue to do so, usually for the life of the loan. said David Berson, chief economist at Fannie Mae, the nation's largest mortgage packager.

Mortgage lending adapts to changing rate scene
Inside Bay Area, CA - 20 hours ago to keep the game going by offering more and more alternative mortgage types that have the appearance of lowering the costs of a monthly loan payments," said

For more News, Articles, Guides, Tips, Tricks and various Mortgage And Loan Products information... visit our site at http://www.mortgage-and-loan-info.com.