Thursday, November 22, 2007

Australian treasurer says considerable risks to global economy from US loan crisis (AP via Yahoo! Singapore News)

Australian Treasurer Peter Costello reiterated Tuesday there are significant risks to the global economy amid further signs of fallout from defaults in the U.S. housing loan market.

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[Source: Yahoo! News Search Results for housing loan]

(AFX UK Focus) 2007-11-20 08:00 GMT: Bradford & Bingley sells 2.2 bln stg housing association loan book to Dexia (Interactive Investor)

LONDON (Thomson Financial) - Bradford & Bingley PLC agreed to sell its housing association loan book, comprising 2.2 bln stg of assets, to Belgo-French financial services group Dexia.

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[Source: Yahoo! News Search Results for housing loan]

Wall St down on housing fears (Adelaide Now)

WALL Street tumbled overnight, sending the Dow to its lowest close since April, on concerns the trouble housing market could get worse and further harm the world's biggest economy.

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[Source: Yahoo! News Search Results for housing loan]

Bradford & Bingley sells loan book to Dexia (Reuters via Yahoo! UK & Ireland News)

Mortgage lender Bradford & Bingley said on Tuesday it had sold its Housing Association loan book to Belgium's Dexia following a review of the assets.

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[Source: Yahoo! News Search Results for housing loan]

Savings and Loan Profits Plummet in 3Q (AP via Yahoo! Finance)

Federally regulated savings and loans set aside millions of dollars for anticipated loan losses in the third quarter as they felt the brunt of the housing market's downturn.

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[Source: Yahoo! News Search Results for housing loan]

Paulson says loan crisis may worsen in 2008, urges banks to act (AFP via Yahoo! News)

US Treasury Secretary Henry Paulson said mortgage defaults will worsen in 2008 and that lenders should act "aggressively" to offer new loan terms to avert an economic calamity.

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[Source: Yahoo! News Search Results for housing loan]

Bradford & Bingley sells loan book to Dexia (Reuters via Yahoo! UK & Ireland News)

Mortgage lender Bradford & Bingley said on Tuesday it had sold its Housing Association loan book to Dexia following a review of the growth potential and capital utilisation of these assets.

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[Source: Yahoo! News Search Results for housing loan]

CPC Provides $14.3M Construction Loan for Brooklyn Condos (Multi-Housing News)

New YorkThe Community Preservation Corporation (CPC), a New York-based mortgage lender for affordable housing, has announced that it has provided a $14.3-million construction loan for the development of a new eight-story condominium building in the Midwood section of Brooklyn.

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[Source: Yahoo! News Search Results for housing loan]

Loan Crisis Entangles Freddie Mac (New York Times)

Losses at the big mortgage finance company on Tuesday underscored the continuing turmoil in the housing industry.

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[Source: Yahoo! News Search Results for housing loan]

Sunday, November 11, 2007

Mortgage insurers feeling housing slump (Denver Post)

As the housing market crumbles, homeowners are worried about mortgage payments and sellers are worried about slumping prices - but the companies that insure their loans are worrying about their very survival in the face of billions of dollars in claims.

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[Source: Yahoo! News Search Results for housing loan]

Housing woes hurt credit cards (Daily Press)

Capital One Financial Corp. on Friday reported an increase in loan charge-offs and delinquencies in October, a sign the credit card giant is feeling the effects of the housing slump. Capital One said the rate of net charge-offs was 3.28 percent last month, on a managed basis. That's up from an average 2.86 percent rate during the third quarter. For the McLean, Va.-based company's National ...

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[Source: Yahoo! News Search Results for housing loan]

Foreign cash could boost housing market (AP via Yahoo! News)

The weakening dollar has caused many problems for consumers, but it may also be providing the fuel for one unintended and very welcome benefit: a rally in the struggling housing market driven by foreign investors.

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[Source: Yahoo! News Search Results for housing loan]

Weak dollar might lift housing market (Akron Beacon Journal)

NEW YORK: The weakening dollar has caused many problems for consumers, but it might also be providing the fuel for one unintended and very welcome benefit: a rally in the struggling housing market driven by foreign investors.

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[Source: Yahoo! News Search Results for housing loan]

Capital One showing signs of being hit by the housing slump (Market Watch)

SAN FRANCISCO (MarketWatch) -- Capital One Financial Corp. reported Friday an increase in loan charge-offs and delinquencies in October in a sign that the credit-card giant is feeling the effects of the housing slump.

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[Source: Yahoo! News Search Results for housing loan]

Housing Slump Triggers Bankruptcy Surge (The Morning News)

A troubled housing market continues to see bankruptcies one year after Betty's Homes Inc. filed bankruptcy.

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[Source: Yahoo! News Search Results for housing loan]

Capital One Hit by Housing Slump (AP via Yahoo! Finance)

Capital One Financial Corp. on Friday reported an increase in loan charge-offs and delinquencies in October, a sign the credit card giant is feeling the effects of the housing slump.

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[Source: Yahoo! News Search Results for housing loan]

Soft housing market blamed in project delays around new Lauderhill park (Sun-Sentinel)

Soft housing market blamed in Lauderhill project delays Nigel Alfred's three-story townhouse isn't supposed to overlook Central Broward Regional Park.

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[Source: Yahoo! News Search Results for housing loan]

Amid housing meltdown, worries with loan insurers (Minneapolis-St. Paul Star Tribune)

MILWAUKEE - As the housing market crumbles, homeowners are worried about mortgage payments and sellers are worried about slumping prices -- but the companies that insure loans are worrying about their very survival in the face of billions of dollars in claims. Insurers such as industry leader MGIC Investment Corp. are predicting that they won't turn a profit for at least a year. The uncertainty ...

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[Source: Yahoo! News Search Results for housing loan]

Tuesday, November 6, 2007

Stocks fall on housing, credit worries (AP via Yahoo! News)

Wall Street pulled back in erratic trading Monday as investors grew more concerned about a deteriorating housing market and the widening impact of soured debt after Citigroup Inc. warned it plans to book $8 billion to $11 billion in additional losses.

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[Source: Yahoo! News Search Results for housing loan]

Stocks fall on credit, housing concerns (AP via Yahoo! News)

Wall Street pulled back Monday as investors grew more concerned about a deteriorating housing market and the widening impact of soured debt after Citigroup Inc. warned it plans to book $8 billion to $11 billion in additional losses. The Dow Jones industrials were down more than 100 points.

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[Source: Yahoo! News Search Results for housing loan]

Stocks Fall on Housing, Credit Worries (The San Francisco Examiner)

NEW YORK ( Map , News ) - Wall Street pulled back in erratic trading Monday as investors grew more concerned about a deteriorating housing market and the widening impact of soured debt after Citigroup Inc. (

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[Source: Yahoo! News Search Results for housing loan]

After Erratic Trading, Stocks End Down On Concerns Over Housing and Debt (Washington Post)

NEW YORK, Nov. 5 -- Wall Street pulled back in erratic trading Monday as investors grew more concerned about a deteriorating housing market and the widening impact of soured debt. Citigroup said it planned to book $8 billion to $11 billion more in losses.

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[Source: Yahoo! News Search Results for housing loan]

The October 2007 Senior Loan Officer Opinion Survey on Bank Lending Practices (Federal Reserve Board)

The October 2007 Senior Loan Officer Opinion Survey on Bank Lending Practices addressed changes in the supply of, and demand for, bank loans to businesses and households over the past three months.

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[Source: Yahoo! News Search Results for housing loan]

Australia's Home-Loan Growth May Have Stalled on Rate Increase (Bloomberg.com)

Nov. 6 (Bloomberg) -- Australia's home-loan approvals probably barely increased in September as the highest interest rates in 11 years discouraged borrowing.

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[Source: Yahoo! News Search Results for housing loan]

Housing-market woes may be long-term (Deseret Morning News)

KB Home CEO Jeffrey Mezger said the U.S. housing market will only recover when consumer confidence is restored.

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[Source: Yahoo! News Search Results for housing loan]

Stocks Fall on Credit, Housing Concerns (AP via Yahoo! Finance)

Wall Street pulled back Monday as investors grew more concerned about a deteriorating housing market and the widening impact of soured debt after Citigroup Inc. warned it plans to book $8 billion to $11 billion in additional losses.

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[Source: Yahoo! News Search Results for housing loan]

Sunday, November 4, 2007

Darkom recognized by the Central Bank of Jordan as the first and only qualified housing loan insurer in Jordan (AME Info)

Darkom, Jordan's first housing loan insurance company, announced that it has received acknowledgement from the Central Bank of Jordan (CBJ) as the first and only qualified housing loan insurer in Jordan.

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[Source: Yahoo! News Search Results for housing loan]

Wells Fargo lays off loan-processing workers in Billings (KPAX Missoula)

Associated Press - November 3, 2007 8:54 PM ET BILLINGS, Mont. (AP) - Several dozen employees at the Wells Fargo loan processing center in Billings have been laid off.

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[Source: Yahoo! News Search Results for housing loan]

Darkom gets recognition (AME Info)

Darkom has been officially recognised by the Central Bank of Jordan as the first and only qualified housing loan insurer in Jordan.

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[Source: Yahoo! News Search Results for housing loan]

State finances $18 million in affordable housing (Mid-Hudson News)

New York The board of the New York State Housing Finance Agency has approved $18 million in financing to build and preserve 179 affordable housing units in the Hudson Valley.

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[Source: Yahoo! News Search Results for housing loan]

Funding cleared to reclaim family housing apartments (Pittsburgh Post-Gazette)

Butler County commissioners have closed a funding gap for a $4.5 million project that "will transform one of Butler's worst neighborhoods into one of its best," according to Perry O'Malley, ...

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[Source: Yahoo! News Search Results for housing loan]

Credit union a casualty of housing crisis / Real estate loan defaults force conservatorship on Cal State 9 while it ... (San Francisco Chronicle)

The weight of defaults on real estate loans has forced the Bay Area-based Cal State 9 Credit Union into federal conservatorship. The state Department of Financial Institutions announced late Friday that it was putting the National Credit Union Administration -...

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[Source: Yahoo! News Search Results for housing loan]

Saturday, November 3, 2007

Wells Fargo lays off loan-processing workers (Billings Gazette)

Employees were laid off at Wells Fargo's Billings loan-processing center Thursday. Lori Sinsley, a Wells Fargo corporate spokeswoman, confirmed the layoffs Friday morning but would not specify how many people lost their jobs. She suggested it was fewe ...

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[Source: Yahoo! News Search Results for housing loan]

DAILY EXPRESS NEWS (Sabah Daily Express--Independent National Newspaper of East Malaysia)

Kota Kinabalu : The State Government will be launching the RM10 million loan scheme for low cost housing buyers soon to assist those who could not secure loans from banks.

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[Source: Yahoo! News Search Results for housing loan]

New York Sues Appraiser In Mortgage Loan Probe (Washington Post)

New York's attorney general sued one of the country's largest mortgage appraisers yesterday for inflating house values, saying it would be the first in a series of cases to attack what he said were pervasive conflicts of interest that contributed to the housing crisis.

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[Source: Yahoo! News Search Results for housing loan]

Wells Fargo lays off staff at Billings loan center (Billings Gazette)

Employees were laid off at Wells Fargo's Billings loan processing center Thursday and today.

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[Source: Yahoo! News Search Results for housing loan]

Darkom Recognized by the Central Bank of Jordan as the first and Only Qualified Housing Loan Insurer in Jordan (Zawya)

03 November 2007 Amman - Darkom, Jordan's first housing loan insurance company, announced that it has received acknowledgement from the Central Bank of Jordan (CBJ) as the first and only qualified housing loan insurer in Jordan.

Read More...

[Source: Yahoo! News Search Results for housing loan]

Wells Fargo lays off loan-processing workers (Billings Gazette)

Employees were laid off at Wells Fargo's Billings loan-processing center Thursday.

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[Source: Yahoo! News Search Results for housing loan]

Friday, November 2, 2007

Loan rates to remain stable, say bankers (Press Trust of India)

New Delhi Nov 1 (PTI) Housing, auto and personal loan seekers can relax as major bankers have said that interest rates are not likely to go up following the Reserve Bank of India's (RBI) decision to suck out more funds from the banks which normally makes borrowings costlier.

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[Source: Yahoo! News Search Results for housing loan]

02-11-2007: Sunrise contributes another RM1m to Utar-Sunrise Student Loan Fund (The Edge Daily)

KUALA LUMPUR: Sunrise Bhd executive chairman Tong Kooi Ong emphasised that education was the best way to break out of the vicious cycle of poverty and reaffirmed the companys commitment to education with a RM1 million contribution to the Utar-Sunrise Student Loan Fund.

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[Source: Yahoo! News Search Results for housing loan]

Loan rates to remain stable, say bankers (PTI via Yahoo! India News)

New Delhi Nov 1 (PTI) Housing, auto and personal loan seekers can relax as major bankers have said that interest rates are not likely to go up following the Reserve Bank of India's (RBI) decision

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[Source: Yahoo! News Search Results for housing loan]

RM50 mln fund as security for housing loans (The Borneo Post)

BANGI: Datuk Seri Najib Tun Razak said the RM50 million initial revolving fund provided by the government as security for housing loans for those without fixed income would resolve their problem on owning a house.

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[Source: Yahoo! News Search Results for housing loan]

Home, auto loan rates to remain stable (rediff.com)

Housing, auto and personal loan seekers can relax as major bankers have said that interest rates are not likely to go up following the Reserve Bank of India's (RBI) decision to suck out more funds from the banks which normally makes borrowings costlier. Moreover, on deposit front, some bankers have said they are likely to maintain the current rates.

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[Source: Yahoo! News Search Results for housing loan]

New York Sues Appraiser In Mortgage Loan Probe (Washington Post)

New York's attorney general sued one of the country's largest mortgage appraisers yesterday for inflating house values, saying it would be the first in a series of cases to attack what he said were pervasive conflicts of interest that contributed to the housing crisis.

Read More...

[Source: Yahoo! News Search Results for housing loan]

European Housing Market Will Stumble, Won't Crash: Mark Gilbert (Bloomberg.com)

Nov. 1 (Bloomberg) -- As the U.S. real-estate crash worsens, thoughts in Europe are turning to how bad the housing markets might get in Spain, Ireland and the U.K., where booms are also deflating fast.

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[Source: Yahoo! News Search Results for housing loan]

New Milford housing project gets $1 million loan from state (Republican-American)

NEW MILFORD -- Gov. M. Jodi Rell on Thursday announced the state will make a $1.1 million loan from the Housing Trust Fund for an affordable housing development in town.

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[Source: Yahoo! News Search Results for housing loan]

New San Jose Affordable Housing Opens Thursday (NBC 11 Bay Area)

San Jose City Councilwoman Madison Nguyen will open a new affordable housing project with room for more than 225 low-income families Thursday.

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[Source: Yahoo! News Search Results for housing loan]

Thursday, November 1, 2007

Fed rate cut to have only limited impact on housing (The Arizona Republic)

Fed rate cut sought by Wall Street would have only limited impact on housing, banking sectors

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[Source: Yahoo! News Search Results for housing loan]

Rate Cut Unlikely to Fix Housing Woes (Washington Post)

WASHINGTON -- The interest rate cut Wall Street believes will buffer the economy from housing market woes is unlikely to boost hard-hit banks and homebuilders much in the near term, analysts say.

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[Source: Yahoo! News Search Results for housing loan]

U.K. Housing Market Teeters on Edge of Northern Rock (Update1) (Bloomberg.com)

Oct. 31 (Bloomberg) -- Nick Collins, an independent London real estate broker who's had record profits every year since 2003, took a hit in September -- and that may be bad news for a U.K. economy built on a housing bubble.

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[Source: Yahoo! News Search Results for housing loan]

An early dip into your 401(k) (CNN Money)

You're in a crunch and need money now. But with the housing market in a slump, you no longer qualify for a home equity loan. What about tapping your 401(k)?

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[Source: Yahoo! News Search Results for housing loan]

An agent for change: Supervisors agree to act as fiscal agent for money to help start senior housing (Muscatine Journal)

WAPELLO, Iowa The Louisa County Board of Supervisors agreed Tuesday to be the applicant for money to help jump start a senior housing program.

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[Source: Yahoo! News Search Results for housing loan]

Rate Cut Unlikely to Fix Housing Woes (Washington Post)

WASHINGTON -- The interest rate cut that Wall Street believes will buffer the economy from housing market woes is unlikely to give much of a boost to suffering banks and homebuilders in the near term, analysts say.

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[Source: Yahoo! News Search Results for housing loan]

Wednesday, October 31, 2007

Central Pacific profits fall on loan worries (bizjournals.com via Yahoo! Finance)

Central Pacific Financial Corp. braced itself Tuesday against fallout from its exposure to the lagging California housing market, a move that saw profits at the state's fourth largest financial institution drop.

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[Source: Yahoo! News Search Results for housing loan]

U.S. Tosses Lifeline to Lenders Using Home Loan Banks (Update1) (Bloomberg.com)

Oct. 30 (Bloomberg) -- Banks shut out of the market for short-term loans are finding salvation in a government lending program set up to revive housing during the Great Depression.

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[Source: Yahoo! News Search Results for housing loan]

Paulson committed to strong dlr, says housing weak (Reuters via Yahoo! Malaysia News)

NEW DELHI, Oct 30 - The United States is strongly committed to a strong U.S. dollar and financial markets there are recovering from the subprime loan crisis even if the housing market has yet to touch bottom, U.S. Treasury Secretary Henry Paulson said on Tuesday.

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[Source: Yahoo! News Search Results for housing loan]

DETROIT: Ex-cop charged with loan forgery (Detroit Free Press)

A fired Detroit police officer was charged Tuesday with three felonies on allegations he forged the signature of Wayne County Clerk Cathy Garrett in an attempt to receive a mortgage loan. County officials announced forgery and other charges against D'Clarence Reynolds, 27, of Detroit in a case that left Wayne County Sheriff Warren Evans baffled.

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[Source: Yahoo! News Search Results for housing loan]

Rate Cut Unlikely to Fix Housing Woes (Washington Post)

WASHINGTON -- The interest rate cut that Wall Street believes will buffer the economy from housing market woes is unlikely to give much of a boost to suffering banks and homebuilders in the near term, analysts say.

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[Source: Yahoo! News Search Results for housing loan]

Revolving Loan Funds available in Green County (Monroe Times)

MONROE -- Revolving Loan Funds are available through the Green County Housing Program. RLP funds can be made available to eligible residents of Green County for:

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[Source: Yahoo! News Search Results for housing loan]

Tuesday, October 30, 2007

2 loan plans in play for Pa. homeowners (Philadelphia Daily News)

If the subprime-loan crisis is a tidal wave breaking across the commonwealth, then the programs announced by Gov. Rendell yesterday are just a narrow stretch of beach.

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[Source: Yahoo! News Search Results for housing loan]

Grants for affordable housing (The Express-Times)

ALLENTOWN | With a backdrop of a neighborhood transformed, three Lehigh Valley affordable housing developments received nearly $1 million in grants Monday.

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[Source: Yahoo! News Search Results for housing loan]

Cover for home loan (The Economic Times)

In case of insurance for housing loans, it provides cover for repayment of housing loan to the bank in case of unfortunate demise of the borrower. The loan amounts involved in case of housing loans are quite high and the tenures pretty long.

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[Source: Yahoo! News Search Results for housing loan]

Britain's housing market under tight conditions (Pravda Ru)

Britain's housing market fell victim to tighter loan conditions and tumbling demand.

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[Source: Yahoo! News Search Results for housing loan]

Mozilo: Housing Slump Could Worsen (AP via Yahoo! Finance)

The chief executives of Countrywide Financial Corp. and KB Home predicted more trouble ahead for the nation's slumping housing market on Monday, calling on lawmakers to expand financing for home buyers.

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[Source: Yahoo! News Search Results for housing loan]

Home loan approvals in Britain at two-year low as market cools (Gulf Times)

LONDON: Tougher loan conditions are beginning to impact Britains housing market, reports showed yesterday, with mortgage approvals at their lowest level for two years, and lenders saying prices will be almost flat in 2008.

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[Source: Yahoo! News Search Results for housing loan]

Countrywide CEO: More trouble ahead for housing market (USA Today)

Countrywide Financial's chairman and CEO says he believes there's more trouble ahead for the nation's slumping housing market.

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[Source: Yahoo! News Search Results for housing loan]

Reports: UK Housing Market Cooling (AP via Yahoo! Finance)

Tighter loan conditions and tumbling demand are taking a toll on Britain's housing market, according to reports released Monday.

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[Source: Yahoo! News Search Results for housing loan]

More housing troubles foreseen (Deseret Morning News)

The chief executives of Countrywide Financial Corp. and KB Home predicted more trouble ahead for the nation's slumping housing market on Monday, calling on lawmakers to expand financing for homebuyers.

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[Source: Yahoo! News Search Results for housing loan]

UK housing market cools (Stuff)

Tougher loan conditions are beginning to impact Britain's housing market, reports showed on Monday, with mortgage approvals at their lowest level for two years, and lenders saying prices will be almost flat in 2008.

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[Source: Yahoo! News Search Results for housing loan]

Saturday, October 27, 2007

Circle Anglia seals social housings biggest deal (InsideHousing)

Circle Anglia has sealed the social housing sector's largest ever loan deal, worth a staggering 1.4 billion. The move dwarfs the previous highest deals - 725 million to Glasgow Housing Association back in 2003 and a 700 million refinancing deal for Amicushorizon sealed last year.

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[Source: Yahoo! News Search Results for housing loan]

This Time, Housing Is Taking Department Stores Down With It (New York Times)

Since April, when investors voiced optimism that the housing slide had been contained, shares of the country?s biggest department store chains have fallen by about 30 percent.

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[Source: Yahoo! News Search Results for housing loan]

After the Fires - A Housing Rebound? (Time Magazine)

San Diego's slumping housing market may get a short-term boost from people looking for new homes, but for how long?

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[Source: Yahoo! News Search Results for housing loan]

Developer gets HUD loan for Exide plant project (The Morning Call)

$2.5 million award will be used to demolish building, prepare site. The Department of Housing and Urban Development announced a $2.5 million loan Friday for the development of the former Exide battery plant in Allentown, which is being razed to clear the site for redevelopment as a shopping center.

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[Source: Yahoo! News Search Results for housing loan]

Lawmakers face painful reality in loan crisis (The Plain Dealer)

Washington- If you want to see a Democratic or Republican congressman squirm, mention a multibillion-dollar bailout for the housing market crisis. The apparent discomfort contrasts with reality: most risky home loans made near the end of the housing boom can't be salvaged.

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[Source: Yahoo! News Search Results for housing loan]

Housing woes spill over to department stores (International Herald Tribune)

When home builders' stocks plunged in 2006, Wall Street was confident that the problems would not spill over into the larger economy. Exhibit A? Department store stocks rose steadily despite the housing woes.

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[Source: Yahoo! News Search Results for housing loan]

Loan woes slam BankAtlantic (Miami Herald)

The deteriorating housing market took its toll on BankAtlantic Bancorp in the third quarter. The Fort Lauderdale-based banking company said Friday it lost nearly $30 million while experiencing a seven-fold increase in its problem loans in three months.

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[Source: Yahoo! News Search Results for housing loan]

Friday, October 26, 2007

Damaged NYC Property Gets Makeover, CPC Loan Helps Mixed-Use Project Rise (Multi-Housing News)

New YorkThe Community Preservation Corp. (CPC), a New York-based non-profit affordable housing lender, has provided a $2.5-million construction loan to develop a mixed-use complex in the Riverdale section of the Bronx. The property will feature multifamily and commercial components.

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[Source: Yahoo! News Search Results for housing loan]

Synovus 3Q Profit Hit by Loan Problems (AP via Yahoo! Finance)

Synovus Financial Corp. profit slipped 8 percent in the third quarter as a struggling housing market in Florida discouraged the bank's borrowers from repaying their mortgages, the company said Thursday.

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[Source: Yahoo! News Search Results for housing loan]

Housing a myth (Times of Malta)

In our collective imagination, Malta is bursting at the seams with people, housing them is a problem, there is not enough land for us all and this is what justifies the extraordinary price of property. A host of elements conspire to fuel the myth and they all seem real enough.

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[Source: Yahoo! News Search Results for housing loan]

Dollar eases against euro before more US housing data (AFP via Yahoo! News)

The dollar edged lower against the European single currency on Thursday ahead of another reading on the beleaguered US housing market.

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[Source: Yahoo! News Search Results for housing loan]

Analysts expect housing slump to continue in spite of slight increase in new home sales (Herald Standard)

WASHINGTON (AP) - New home sales posted an unexpected increase in September. Analysts, however, viewed the small gain as highly questionable given the severe credit crunch that rocked the housing industry this summer.

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[Source: Yahoo! News Search Results for housing loan]

Analysts expect housing slump to continue in spite of slight rise in new home sales (The Journal News)

New home sales posted an unexpected increase in September. Analysts, however, viewed the small gain as highly questionable given the severe credit crunch that rocked the housing industry this summer. They predicted further sales declines before the worst housing slump in more than two decades comes to an end.

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[Source: Yahoo! News Search Results for housing loan]

Thursday, October 25, 2007

Dollar steady against euro despite weak US housing data (AFP via Yahoo! News)

The dollar weakened against the yen but was little changed versus the euro Wednesday, weathering weaker-than-expected US housing data and a massive write-off by investment banking giant Merrill Lynch.

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[Source: Yahoo! News Search Results for housing loan]

Chicago Bank Takes Action Against Subprime Housing Crunch (The Online NewsHour)

Chicago's ShoreBank has implemented a "rescue loan program" to help customers refinance home mortgages that may be in danger of default. A consumer advocate and a mortgage industry representative weigh in on how to best respond to the country's subprime loan crisis.

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[Source: Yahoo! News Search Results for housing loan]

Alexandria OKs loan for affordable housing project (BizJournals)

The Alexandria City Council approved a $5.6 million bridge loan for the Alexandria Redevelopment and Housing Authority Tuesday so EYA can redevelop properties.

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[Source: Yahoo! News Search Results for housing loan]

Housing decline may last another year (The Palm Beach Post)

The housing decline has been under way for more than a year, and analysts say it could be at least another year before the market plateaus, based on September existing-home sales reports.

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[Source: Yahoo! News Search Results for housing loan]

Housing market takes turn for the worse (Reuters via Yahoo! News)

The housing market took a sharp turn for the worse in September as prices tumbled and sales of previously owned homes fell to a record low, battered by rising foreclosures and tighter lending standards.

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[Source: Yahoo! News Search Results for housing loan]

Temple-Inland earnings drop 62% on housing slump (Market Watch)

SAN FRANCISCO (MarketWatch) -- Temple-Inland Inc. reported a steep drop in third-quarter earnings Wednesday as weaker construction demand for its forest and wallboard products and higher provisions to cover loan losses took a toll.

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[Source: Yahoo! News Search Results for housing loan]

US housing market hammered (Perth Now)

THE US housing market took a sharp turn for the worse in September as prices tumbled and sales of previously owned homes fell to a record low.

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[Source: Yahoo! News Search Results for housing loan]

Wednesday, October 24, 2007

Co-operative alliance launches low-income housing programme (Vi?t Nam News)

HCM CITY HCM Citys Alliance of Co-operatives began a new programme on yesterday under which low-income people can get housing loans after saving up for a period of time.

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[Source: Yahoo! News Search Results for housing loan]

MBRHE Board approves Dhs147m housing loan grant for 200 Emiratis (AME Info)

The board of the Mohammed bin Rashid Housing Establishment (MBRHE) has approved 200 housing loan applications at a total of Dhs147m.

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[Source: Yahoo! News Search Results for housing loan]

Japan's Economy Can't Afford 43% Housing Plunge: William Pesek (Bloomberg.com)

Oct. 24 (Bloomberg) -- If housing starts fell 43.3 percent in the U.S., you can imagine the machinations it would cause.

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[Source: Yahoo! News Search Results for housing loan]

Green Park Financial Closes $175M Credit Facility for 11-Property Seniors Housing Portfolio (Multi-Housing News)

Bethesda, Md.Green Park Financial has closed a $175-million credit facility for a senior housing portfolio across six states in the Northeast.

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[Source: Yahoo! News Search Results for housing loan]

Nonprofits fight ban on home loan `gifts' (The Charlotte Observer)

The government next week will close a home-financing loophole it says has contributed to foreclosures and has put a federal housing assistance program in jeopardy. Yet it will be business as usual for two nonprofit organizations whose core mission is to help sellers funnel down payments to buyers. The U.S. Department of Housing and Urban Development granted AmeriDream Inc. and Nehemiah ...

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[Source: Yahoo! News Search Results for housing loan]

Centralia Council seeking housing rehab funds (Morning Sentinel)

CENTRALIA - The Centralia City Council voted Monday night to approve a resolution authorizing the submission and acceptance of a Community Development Assistance Program (DCAP) housing rehabilitation grant from the Illinois Department of Commerce and Economic Opportunity.

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[Source: Yahoo! News Search Results for housing loan]

Tuesday, October 23, 2007

Court issues warrant of arrest against Perak FA assistant coach (The Star Online)

A PERAK Football Association assistant coach had a second warrant of arrest issued against him at a magistrates court in Ipoh when he was absent again on a matter involving his failure to settle a housing loan.

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[Source: Yahoo! News Search Results for housing loan]

Housing market woes continue (The Sentinel)

New housing market data suggests Kings County home prices will continue to slide in 2008 as foreclosures continue, but sales of existing homes may start to stabilize.

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[Source: Yahoo! News Search Results for housing loan]

LIC Housing net rises on higher interest income (The Hindu)

Mumbai, Oct. 22 Driven by higher interest income, LIC Housing Finance Ltd has reported a net profit of Rs 116.37 crore in the second quarter, a 53 per cent rise from the previous years Rs 75.93 crore.

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[Source: Yahoo! News Search Results for housing loan]

Frontier Financial's 3rd-Quarter Profit Jumps 9 Percent As Region Is Spared Housing Crisis Woe (Canadian Business)

EVERETT, Wash. (AP) - Frontier Financial Corp.'s profit climbed 9 percent in the third quarter as the region the bank caters to was spared the worst of the housing recession and credit crisis, the company said Monday.

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[Source: Yahoo! News Search Results for housing loan]

Housing slump, job cuts trim SunTrust earnings (bizjournals.com via Yahoo! Finance)

Charges related to a round of job cuts and the deteriorating housing market contributed to SunTrust Banks Inc.'s 23 percent profit drop in the third quarter.

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[Source: Yahoo! News Search Results for housing loan]

LIC Housing Finance net up 53% (Business Standard India)

Buoyed by high growth in loans and a significant reduction in non-performing assets (NPAs), LIC Housing Finance (LICHF) has registered an increase of 53 per cent in its net profit to Rs 116.37 crore in the second quarter of 2007-08 from Rs 75.93 crore a year earlier.

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[Source: Yahoo! News Search Results for housing loan]

CAPITOL REPORT: Give Me A Break: Loan 'flexibility' Gets A Lift (Nasdaq)

WASHINGTON (Dow Jones) -- If you're a borrower holding a subprime-mortgage loan that's about to readjust to a higher interest rate, chances are you're wondering what options you have to get out of trouble and save your home and your money at the same time.

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[Source: Yahoo! News Search Results for housing loan]

Dumped Mortgage Files Invite Identity Theft (WallStreet Journal via Yahoo! Finance)

As the housing downturn forces mortgage-related firms to close branches, loan files containing Social Security numbers and credit reports are turning up in places like Dumpsters that are easily accessed by scam artists.

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[Source: Yahoo! News Search Results for housing loan]

Fitch Rates Idaho Housing & Finance Authority's $75MM 2007J Bonds (Business Wire via Yahoo! Finance)

NEW YORK----Fitch Ratings has assigned the following ratings to Idaho Housing and Finance Association's single-family mortgage bonds, 2007 series J:

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[Source: Yahoo! News Search Results for housing loan]

Sunday, October 21, 2007

Jitters about US housing slump sap Asian stocks (Taipei Times)

Asian stocks had their biggest weekly drop in two months, led by financial companies, on concern losses from the worst US housing slump since 1991 will spread.

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[Source: Yahoo! News Search Results for housing loan]

When will the housing market begin to bounce back? (Montgomery Advertiser)

QThe Advertiser ran an article on Thursday about the recent slowdown in home sales in the tri-county area. When will the housing market get past the pinch of the subprime disaster, and we can get rolling again? My potential retirement depends on my home maintaining its value.

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[Source: Yahoo! News Search Results for housing loan]

Loan officer's trick: Overstate income (The Arizona Republic)

Early last year, John Orey started to hear about deals in the Valley's housing market.

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[Source: Yahoo! News Search Results for housing loan]

HBTF leads syndicated JD50m loan to Enara (MENAFN)

HBTF leads syndicated JD50m loan to Enara

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[Source: Yahoo! News Search Results for housing loan]

Jordan: Housing Bank for Trade and Finance leads syndicated JD50m loan to Enara (Zawya)

In September, Enara Arabia for Energy bought a 51 per cent stake in CEGCO CEGCO , marking the privatisation of the company. The government retained 40 per cent equity and the remaining 9 per cent was to be transferred to the investment unit of the Social Security Corporation.

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[Source: Yahoo! News Search Results for housing loan]

House auction gives good news to North Side (Minneapolis-St. Paul Star Tribune)

A savvy inner-city housing investor with $11 million in her pocket emerged as the leading buyer Saturday for north Minneapolis homes that are part of a two-day auction of 300 bank-foreclosed Minnesota houses at the Minneapolis Convention Center. This is good for North Side neighbors, who have been disproportionately affected by vacant houses, thanks to loan scams and adjustable-rate mortgages ...

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[Source: Yahoo! News Search Results for housing loan]

Bank Stocks Dive as Slump In Housing Market Adds to Its Toll (Washington Post)

The stock market had its worst week in two months on speculation that the housing slump's toll on the economy is deepening, sending bank shares to their steepest decline since 2002.

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[Source: Yahoo! News Search Results for housing loan]

Saturday, October 20, 2007

Croix Apartments Project) series 2002A*; --Broward County Housing Finance Authority (FL) (Stirling Apartments Phase ... (InfoBolsa)

IFS to A+ 19/10/2007 18:16:00 Business Wire The guaranteed portfolio consists of 107 permanent loan guarantees on individual multifamily properties aggregating $814 million of risk in force, four single-family primary reinsurance arrangements aggregating $9.3 million of risk in force, and one guarantee for a single-family second-mortgage pool totaling $27,529.

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[Source: Yahoo! News Search Results for housing loan]

Collier could pay off zoo loan six years early (Bonita Daily News)

The loan that saved the Naples Zoo may be paid off six years early. Last month, Collier County government made another payment of $1,565,000, reducing the loan amount to $23,335,000.

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[Source: Yahoo! News Search Results for housing loan]

AHFC Awards $625,000 Zero-Percent Loan to Increase Homeownership (Marketwire via Yahoo! Finance)

Qualifying residents of Anchorage will have greater access to home ownership through a $625,000 loan approved by the Alaska Housing Finance Corporation board of directors Wednesday.

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[Source: Yahoo! News Search Results for housing loan]

Friday, October 19, 2007

Finance watchdog urged to lower loan deficit demands (InsideHousing)

Lenders are urging the government's banking watchdog to drop a demand that could spell the end for low loan rates for housing associations and force small building societies to pull out of the market.

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[Source: Yahoo! News Search Results for housing loan]

Affordable housing group provides down-payment assistance (BizJournals)

The Texas State Affordable Housing Corp. has developed a new first-time homebuyer loan program in the state.

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[Source: Yahoo! News Search Results for housing loan]

California housing market woes hurt Umpqua in Q3 (bizjournals.com via Yahoo! Finance)

Umpqua Holdings Corp. said the California housing down-turn negatively impacted its third quarter results, with a 42 percent drop compared with the same quarter of 2006.

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[Source: Yahoo! News Search Results for housing loan]

COALITION FAILS TO ADDRESS AUSTRALIAN HOUSING CRISIS: INSTITUTE (Asia Pulse via Yahoo!7 Finance)

Housing The coalition's promise of $A34 billion ($US30.4 billion) in tax cuts is welcome but fails to address the housing affordability crisis, says the Real Estate Institute of Australia (REIA).

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[Source: Yahoo! News Search Results for housing loan]

Coalition must do more on housing: REIA (AAP via Yahoo!7 Finance)

The coalition's promise of $34b in tax cuts is welcome but fails to address the housing affordability crisis, says the Real Estate Institute of Australia.

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[Source: Yahoo! News Search Results for housing loan]

WaMu profit sinks 72 pct, sees more housing slump (Washington Post)

NEW YORK (Reuters) - Washington Mutual Inc (WM.N), the largest U.S. savings and loan, said on Wednesday third- quarter profit fell 72 percent, hurt by mounting mortgage losses, and said it sees no end to the U.S. housing slump.

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[Source: Yahoo! News Search Results for housing loan]

Local cities apply for housing program (Waconia Patriot)

In an effort to help homeowners improve their homes, officials in Norwood Young America in partnership with the cities of Cologne and Hamburg are submitting a grant application to establish an owner-occupied housing rehabilitation loan program through the Minnesota Department of Employment and Economic Development Small Cities Development Program.

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[Source: Yahoo! News Search Results for housing loan]

Coalition Fails To Address Australian Housing Crisis: Institute (Asia Pulse via Yahoo!7 News)

The coalition's promise of $A34 billion ($US30.4 billion) in tax cuts is welcome but fails to address the housing affordability crisis, says the Real Estate Institute of Australia (REIA).

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[Source: Yahoo! News Search Results for housing loan]

Thursday, October 18, 2007

US economy grows at softer pace amid housing, finance woes (AFP via Yahoo! News)

The US economy is managing to hold onto its expansion even as the housing sector is pummeled and consumers show signs of fatigue, the Federal Reserve said in its Beige Book report Wednesday.

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[Source: Yahoo! News Search Results for housing loan]

Housing affordability plumbs fresh lows (Sydney Morning Herald)

Housing affordability for first-time home buyers has fallen to a record low as interest rates climb to their highest level in more than a decade, a survey shows.

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[Source: Yahoo! News Search Results for housing loan]

Housing affordability at its lowest (Adelaide Now)

RELENTLESS rises in interest rate rise and sky high house prices around Australia have pushed housing affordability to its lowest level on record.

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[Source: Yahoo! News Search Results for housing loan]

Labor attacks housing costs (The Age)

Kevin Rudd challenges John Howard to finally admit there is a housing crisis.

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[Source: Yahoo! News Search Results for housing loan]

WaMu profit sinks 72 pct, sees more housing slump (Reuters via Yahoo! News)

Washington Mutual Inc , the largest U.S. savings and loan, said on Wednesday third- quarter profit fell 72 percent, hurt by mounting mortgage losses, and said it sees no end to the U.S. housing slump.

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[Source: Yahoo! News Search Results for housing loan]

Housing-Related Earnings Push Stocks Into Further Retreat (Washington Post)

Stocks dropped for a second day after Wells Fargo and KeyCorp reported earnings that fell short of analysts' estimates and Federal Reserve Chairman Ben S. Bernanke said the housing slump might drag on through next year.

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[Source: Yahoo! News Search Results for housing loan]

Will US-Style Housing Slump Hit Britain? (Sky News via Yahoo! UK & Ireland Finance)

Britain's housing market could be heading for an American-style slump, international finance experts have warned.

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[Source: Yahoo! News Search Results for housing loan]

Company Debt Risk Rises Most in Seven Weeks on Housing Slump (Bloomberg.com)

Oct. 17 (Bloomberg) -- The risk of owning corporate debt soared on concerns that losses from the worst housing slump in 16 years will be deeper than anticipated, according to credit- default swaps traders.

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[Source: Yahoo! News Search Results for housing loan]

Wednesday, October 17, 2007

Bernanke remarks on housing sink stocks (The Plain Dealer)

New York- Wall Street sank for a second straight session Tuesday after Federal Reserve Chairman Ben Bernanke said the slumping housing market remains a "significant drag" on the economy.

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[Source: Yahoo! News Search Results for housing loan]

US economy ekes out growth amid housing, finance woes (Channel NewsAsia)

WASHINGTON : The US economy is managing to hold onto its expansion even as the housing sector is pummelled and consumers show signs of fatigue, the Federal Reserve said in its Beige Book report on Wednesday.

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[Source: Yahoo! News Search Results for housing loan]

Thousands locally caught in payday loan cycle (Dayton Daily News)

COLUMBUS In Montgomery County, 17,015 residents last year were caught in a web of dependence on payday lenders that cost them $17,026,726 in loan fees, according to a report released Wednesday.

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[Source: Yahoo! News Search Results for housing loan]

Asian Stocks Decline on U.S. Housing Concern, Posco Earnings (Bloomberg.com)

Oct. 17 (Bloomberg) -- Asian stocks fell after Wells Fargo & Co. reported a loss and UBS AG cut its share-price targets on Japanese banks, fueling concern a U.S. housing slump may hamper earnings growth at financial companies worldwide.

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[Source: Yahoo! News Search Results for housing loan]

Loan difficulties blamed for poor housing market (San Bernardino Sun)

Blame it on jumbo. No, not the 1962 Doris Day/Jimmy Durante movie about a lovable elephant. These jumbos are the mortgages required when a home loan exceeds federal lending limits, and they're a drag on the California housing market.

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[Source: Yahoo! News Search Results for housing loan]

Stocks dip on housing, credit woes (AP via Yahoo! News)

Wall Street sank for a second straight session Tuesday after Federal Reserve Chairman Ben Bernanke said the slumping housing market remains a "significant drag" on the economy.

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[Source: Yahoo! News Search Results for housing loan]

Stocks fall on housing woes (Los Angeles Times)

Officials' remarks heighten economic concerns as investors sift through mixed earnings news. Stocks sank Tuesday after the country's top two economic officials voiced concern about the slumping housing market's effect on the economy.

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[Source: Yahoo! News Search Results for housing loan]

D.R. Horton orders plunge 39% in feeble housing market (USA Today)

D.R. Horton, the largest U.S. home builder, said Tuesday that quarterly net orders for new homes plunged 39% amid a spike in cancellations as the U.S. housing market continued to skip along rock bottom.

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[Source: Yahoo! News Search Results for housing loan]

Asian Stocks Decline on U.S. Housing Concern, Posco Earnings (Bloomberg.com)

Oct. 17 (Bloomberg) -- Asian stocks fell after UBS AG cut its share-price estimates on Japanese banks and Wells Fargo & Co. reported a loss from home loans, fueling concern a U.S. housing slump may hamper earnings growth at financial companies.

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[Source: Yahoo! News Search Results for housing loan]

Housing slump will last at least another year: mortgage bankers (Market Watch)

BOSTON (MarketWatch) -- The Mortgage Bankers Association predicts the housing recession will last until the end of the third quarter next year. And if confidence isn't restored in the credit markets, the wait could extend until 2009, the group's chief economist said.

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[Source: Yahoo! News Search Results for housing loan]

Asian Stocks Decline on U.S. Housing Concern, Posco Earnings (Bloomberg.com)

Oct. 17 (Bloomberg) -- Asian stocks fell after UBS AG cut its share-price estimates on Japanese banks and Wells Fargo & Co. reported a loss, fueling concern a U.S. housing slump may hamper earnings growth at financial companies worldwide.

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[Source: Yahoo! News Search Results for housing loan]

Prudential Huntoon Paige Closes $1.2 Million FHA Refinance Loan for Grasslands Housing, Inc. (Business Wire via Yahoo! Finance)

COON RAPIDS, Minn.----Prudential Mortgage Capital Company announced today that it has originated a $1.2 million refinance loan for Grasslands Housing, Inc., a section-eight, multi-family housing property located in Coon Rapids, Minn.

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[Source: Yahoo! News Search Results for housing loan]

Tuesday, October 16, 2007

Asian Stocks Fall on U.S. Home Loan Concern; Nomura Declines (Bloomberg.com)

Oct. 16 (Bloomberg) -- Asian stocks dropped after losses reported by Nomura Holdings Inc. and Citigroup Inc. renewed concern a U.S. housing slump will stunt earnings growth at financial companies.

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[Source: Yahoo! News Search Results for housing loan]

Asian Stocks Fall on U.S. Home Loan Concern; Nomura Declines (Bloomberg.com)

Oct. 16 (Bloomberg) -- Asian stocks dropped the most in four weeks on renewed concern a U.S. housing slump will cause losses at global financial companies.

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[Source: Yahoo! News Search Results for housing loan]

Asian Stocks Decline on U.S. Home Loan Concern; Banks Slide (Bloomberg.com)

Oct. 16 (Bloomberg) -- Asian stocks dropped the most in four weeks after losses reported by Nomura Holdings Inc. and Citigroup Inc. renewed concern a U.S. housing slowdown will stunt earnings growth at financial companies.

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[Source: Yahoo! News Search Results for housing loan]

Housing program hits snag (Casper Star-Tribune)

CHEYENNE -- The state's new housing infrastructure pilot project hit a snag when legislative leaders recently rejected rules adopted by the Wyoming Business Council.

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[Source: Yahoo! News Search Results for housing loan]

Finance watchdog urged to lower loan deficit demands (InsideHousing)

Lenders are urging the government's banking watchdog to drop a demand that could spell the end low loan rates for housing associations and force small building societies to pull out of the market.

Read More...

[Source: Yahoo! News Search Results for housing loan]

Housing Price Decline Expected To Stretch (WCVB Boston)

U.S. housing prices will continue to decline at least through the end of next year and may not begin creeping upward again until 2010, executives from the nation's biggest mortgage financiers said Monday.

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[Source: Yahoo! News Search Results for housing loan]

Asian Stocks Fall on U.S. Home Loan Concern; PetroChina Gains (Bloomberg.com)

Oct. 16 (Bloomberg) -- Asian stocks dropped after losses reported by Nomura Holdings Inc. and Citigroup Inc. renewed concern a U.S. housing slowdown will stunt earnings growth at financial companies.

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[Source: Yahoo! News Search Results for housing loan]

Gaithersburg loan unit lays off 160 workers (Baltimore Sun)

Aurora Loan Services LLC, the mortgage-lending subsidiary of Lehman Brothers Holdings Inc., has laid off 160 employees in Gaithersburg as the parent company moves to scale back its home-loan business in response to turmoil in the industry and in the secondary market where investors trade mortgage debt.

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[Source: Yahoo! News Search Results for housing loan]

Housing market will drag economic growth in 2008 (New York Daily News)

A deepening housing slump probably will be a "significant drag" on economic growth into next year and it will take time for Wall Street to fully recover from a painful credit crisis.

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[Source: Yahoo! News Search Results for housing loan]

Sunday, October 14, 2007

Housing market still robust in Saline, officials say (Benton Courier)

Recent news stories and industry reports have chronicled problems with the housing market nationwide. Thats not so much the case in Saline County, however, where real estate agents and other industry officials say the sale of new and existing homes remains robust.

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[Source: Yahoo! News Search Results for housing loan]

Housing slump offers an opportunity (Asbury Park Press)

Joseph Balestrino, manager of the Federated Total Return Bond Fund, loaded up on government-backed mortgage debt when credit markets slumped in July and August as other investors sold bonds linked to the housing market.

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[Source: Yahoo! News Search Results for housing loan]

Lender rejects home loan for day-care owner (Miami Herald)

Kim Sisemore, mother of a 3-year-old daughter, is licensed to operate a family day-care center for up to 14 children in her residence. She applied for a home loan from Master Financial to enable her to buy a house suitable for her day-care business.

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[Source: Yahoo! News Search Results for housing loan]

Affordable housing focus (The Express-Times)

BETHLEHEM | The city's distribution of federal grants it receives each year is getting a new look for 2008 with an unprecedented focus on affordable housing.

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[Source: Yahoo! News Search Results for housing loan]

Substandard-housing display hits home (The Evening Sun)

The cracked walls and flashing electrical outlet offered the first signs the home depicted in a rolling exhibit on substandard housing would be a bad place to live.

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[Source: Yahoo! News Search Results for housing loan]

Home-loan ideas meet resistance (The Cincinnati Enquirer)

Gov. Strickland wants banks to help him solve to Ohio's foreclosure crisis. Banks grew skeptical when he made his first policy move on the issue.

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[Source: Yahoo! News Search Results for housing loan]

Saturday, October 13, 2007

Carlsbad not following housing trends (Carlsbad Current-Argus)

CARLSBAD Carlsbad just isn't fitting in when it comes to national housing trends. According to a September article in the Washington Post, the current U.S. housing slump is related to a surge in defaults in the mortgage industry.

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[Source: Yahoo! News Search Results for housing loan]

Housing improvements detailed (Clinton Herald)

CLINTON The Clinton City Council Committee of the Whole listened to proposals that could improve the citys housing stock through property owner incentive programs at a recent meeting.

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[Source: Yahoo! News Search Results for housing loan]

Wells Fargo & Co.'s new CEO says economy still strong despite housing slump (The Sacramento Bee)

Sure, the economy has taken a beating from the housing sector. But it's still standing, and Wells Fargo & Co.'s new chief executive believes it'll stay that way.

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[Source: Yahoo! News Search Results for housing loan]

Home-loan firm closes center in Stockton (4:20 p.m.) (The Record)

STOCKTON Countrywide Financial Corp., sharply paring its work force nationally in the midst of an ongoing housing slump, has closed its Stockton loan-processing center.

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[Source: Yahoo! News Search Results for housing loan]

Council revisits subsidized housing project (Farmington Press)

City council members should be asked to support a resolution showing favor with an income-based housing complex to be expanded off Maple Street at tonights meeting. Its likely the answer of the majority will be no.

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[Source: Yahoo! News Search Results for housing loan]

Beazer violations hurt loan ability (The Myrtle Beach Sun News)

Beazer Homes USA could lose its ability to offer government-backed home loans after announcing that it found evidence its employees violated federal housing regulations. The Atlanta-based home builder, which has projects on the Grand Strand and elsewhere in the Carolinas, said Thursday the violations were "particularly in relation" to down-payment assistance programs for Federal Housing ...

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[Source: Yahoo! News Search Results for housing loan]

Future of Fort Lauderdale-based home builder Levitt in doubt amid housing crunch (Sun-Sentinel)

The future of historic home builder Levitt and Sons is in doubt as the crumbling housing market drains the company of cash.

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[Source: Yahoo! News Search Results for housing loan]

Friday, October 12, 2007

CM Development head says loan document was falsified (The Virginian-Pilot)

CM Development head Cary McEntee testified at a bankruptcy hearing on Thursday that a loan document on a property sale was falsified, making it appear an investor used his own money to make a down payment . . .

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[Source: Yahoo! News Search Results for housing loan]

Housing project given December start date (Herald Standard)

Construction of the $13.8 million Laurel Estates housing project at the site of the former Lemon Wood Acres in North Union Township is expected to begin in December, and the 56 new housing units should be completed by mid 2009.

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[Source: Yahoo! News Search Results for housing loan]

Quicken Loans' Home Loan U Offers Free Refinancing Tips, Advice for Homeowners Facing Resetting ARMs (PRWeb)

As the credit crunch in the mortgage market continues, billions of dollars in adjustable-rate mortgages will continue to adjust to higher interest rates, leaving many struggling to make their payment. As a result, there's a lot of confusion about what to do, or not do, before an ARM resets. To help consumers find answers, Quicken Loans has launched its new Home Loan U Web site offering free ...

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[Source: Yahoo! News Search Results for housing loan]

Beazer Homes faces up to $15M fine for loan violations (USA Today)

Beazer Homes (BZK) said Thursday that some employees at its mortgage division broke federal loan laws from at least 2000 through early this year. The builder said it expects to pay up to $15 million in regulatory fines and losses and to restate its financial results all the way back to 1999.

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[Source: Yahoo! News Search Results for housing loan]

Mortgage applications up in week, housing limps (Reuters via Yahoo! News)

Demand for applications to buy U.S. homes and refinance existing mortgages rose last week, but a housing recovery is being squelched as consumers face more difficulty getting loans approved, analysts say.

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[Source: Yahoo! News Search Results for housing loan]