Mortgage and Financial News From 2008-2-6 Page 68

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• Church of Tonga may lose historic building to default (Oakland Tribune)

  OAKLAND — The Church of Tonga, located in the San Antonio district, may lose the historic building it purchased more than five years ago due to foreclosure, wiping out some $400,000 in down payment equity.
  2008-02-06 03:03:01

• FEATURE-Urban renewal on "to do" list of next U.S. leader

  Forbes - A December report from National Training and Information Center (NTIC) showed Chicago Lawn had 69 ... Michelle Colins, ShoreBank vice president for mortgage lending, said the bank aims to refinance at least 2,500 high-cost mortgages like Emma ...
  2008-02-06 12:12:00

• Third Quarter No Charm for Title Industry - StreetInsider.com (subscription)

  Third Quarter No Charm for Title IndustryStreetInsider.com (subscription), MI - 23 hours agoWhile mortgage refinancing applications have climbed recently, experts are predicting that housing prices will continue to slide through early 2009. ...
  2008-02-05 03:19:44

• Clayton Holdings and Experian to Develop Products, Services for ... - CNNMoney.com

  Clayton Holdings and Experian to Develop Products, Services for ...CNNMoney.com - 16 hours agoThe servicers can also outsource the counseling and processing of refinance opportunities for borrowers eligible for FHA and other refinance programs. ...
  2008-02-05 10:08:01

• Urban renewal on "to do" list of next US leader - Clackamas Review

  Urban renewal on "to do" list of next US leaderClackamas Review, OR - 3 hours agoMichelle Colins, ShoreBank vice president for mortgage lending, said the bank aims to refinance at least 2500 high-cost mortgages like Emma Henry's in the ...
  2008-02-05 11:27:21

• Urban renewal on "to do" list of next U.S. leader (Gresham Outlook)

  CHICAGO (Reuters) - No matter who wins the U.S. presidential election in November, their "to do" list will probably include urban renewal.
  2008-02-05 11:24:27

• Morgan Stanley Cries Mommy, SEC Comes Running: Jonathan Weil

  Bloomberg - Freezing subprime mortgage rates as a way to limit foreclosures may be a wonderful idea. Yet lenders shouldn't need the promise of accounting freebies to do this. If the SEC is going to dangle exemptions anyway, it should at least say so. Its mission ...
  2008-02-05 09:20:00

• ICICI Bank in no hurry to lower rates - CEO

  Reuters India - On Tuesday, state-run Allahabad Bank said it had cut lending rates to individuals for buying homes, cars and consumer goods by 50-100 basis points. Top mortgage lender Housing Development Finance Corp lowered its prime lending rate by 25 basis points ...
  2008-02-06 12:05:00

• Toll Brothers Reports Preliminary 1st Qtr Totals for Home Building ...

  MSN MoneyCentral - Perhaps this signals the beginning of a change in public sentiment in recognition of significantly improved housing affordability, low mortgage rates and a supply imbalance making it a buyer's market." Toll Brothers' preliminary financial highlights ...
  2008-02-06 01:59:00

• County comes to terms with shrinking budget - San Mateo Daily Journal

  County comes to terms with shrinking budgetSan Mateo Daily Journal, CA - 1 hour agoThe county clerk/assessor/registrar’s office is seeing document reporting fees drop from $3.6 million to $1.8 million because of the mortgage crisis ...
  2008-02-06 01:28:58

• US builder rally - Euro2day

  US builder rallyEuro2day, Greece - 1 hour agoInvestors have dived into housebuilding stocks in recent weeks, betting that cheaper home prices and lower interest rates will stem the slide in prices. ...
  2008-02-06 01:32:03

• Pushing to raise loan limits Home lenders want to see conventional ... - Sarasota Herald-Tribune

  Pushing to raise loan limits Home lenders want to see conventional ...Sarasota Herald-Tribune, FL - 1 hour agoCommunities that would qualify for lower interest rates on those big loans include Key West and Naples; Vail, Colo.; Honolulu; Greenwich, Conn.; ...
  2008-02-06 01:40:28

• Chart Fun With the S&P Case-Shiller Home Price Index - Seeking Alpha

  Chart Fun With the S&P Case-Shiller Home Price IndexSeeking Alpha, NY - 56 minutes ago... if the inflation rate was at five or six percent. Of course, when looking at the initial monthly mortgage payments that people were signing up to a few ...
  2008-02-06 01:43:45

• Treasury Under Sec. Steel Remarks on Housing before the American ... - All American Patriots (press release)

  Treasury Under Sec. Steel Remarks on Housing before the American ...All American Patriots (press release), Sweden - 48 minutes agoIn August, servicers seeking to address the upcoming wave of hybrid adjustable-rate mortgage resets and considering possible loan modifications were forced ...
  2008-02-06 01:51:54

• UK Housing Market Slump `Won't Be Very Big,' Nickell Says - Bloomberg

  UK Housing Market Slump `Won't Be Very Big,' Nickell SaysBloomberg - 47 minutes ago... and mortgage approvals dropped to a nine-year low in December. While economists predict the Bank of England will reduce the benchmark interest rate by a ...
  2008-02-06 01:53:04

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