Mortgage and Financial News From 2008-7-4 Page 4
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Do your homework on reverse mortgages - NZCity
Reverse mortgages are the most popular form of ‘equity release’ in New Zealand. With a reverse mortgage you borrow an amount against your property either in a lump sum or by drawing down on the loan as and when you need the money. When you die or ...
2008-07-04 12:13:00 -
Builder incentives: Just marketing, or the real deal? - Los Angeles Times
Most new-home buyers find it hard to resist the lure of builder incentives -- paid closing costs, an allowance for free upgrades at the design center or interest-rate buy-downs. But are they really worth it? ¶ From the builder's perspective, such ...
2008-07-04 02:07:00 -
Builder incentives: Just marketing, or the real deal? (Los Angeles Times)
2008-07-04 02:41:39 -
Nest eggs tied to housing market have crashed with it (The Press-Enterprise)
Beverlee Williams had what she thought was a carefully crafted plan for retirement. But she saw that shatter with the Inland housing market.
2008-07-04 03:37:31 -
Wealth Check: 'How can we prepare for our move to Australia?' (Independent)
Mike and Julie Henson, from Hertfordshire, are about to make the biggest move of their lives. In November, along with their sons Isaac and Alex, they'll be emigrating to Australia, where Julie has secured a job as a midwife.
2008-07-04 04:28:00 -
How to cash in on the value of your home (Independent)
After more than a decade of phenomenal growth, UK house prices have finally started to slide over the past few months, with some parts of the country already recording double-digit falls since the peaks hit in 2006 and 2007.
2008-07-04 04:28:30 -
Judge sentences man to 6 years for mortgage fraud - Fort Lauderdale Sun-Sentinel
Yes, he broke the law. But did a Broward man labeled an "economic outlaw" by federal prosecutors cause real financial harm by fraudulently obtaining mortgage loans in a booming real estate market? That question confronted U.S. District Judge William ...
2008-07-02 05:59:00 -
Business briefs (The Sarasota Herald-Tribune)
LONDON
2008-07-04 01:42:31 -
Alleged mortgage fraud schemer remains on house arrest (SouthtownStar)
A Country Club Hills man, accused of heading one of the biggest mortgage fraud schemes ever in the Chicago area, will remain under house arrest under conditions set this week during a federal court hearing.
2008-07-04 02:02:01 -
Nigeria: Kogi Savings And Loans Gets New Order (AllAfrica.com)
Governor Ibrahim Idris has warned the new staff of Kogi Savings and Loans limited, to adhere strictly to the tenets and ethics of mortgage banking.
2008-07-04 05:33:22 -
Mortgage broker pleads guilty to federal charge (WCAX-TV Vermont)
Associated Press - July 4, 2008 8:35 AM ET BURLINGTON, Vt. (AP) - The owner of a defunct South Burlington mortgage brokerage is facing up to 20 years in prison after pleading guilty to a...
2008-07-04 05:44:38 -
Title company’s files subpoenaed (Colorado Springs Gazette)
The Colorado Real Estate Commission has subpoenaed a Colorado Springs title company's files related to a series of house sales on Balsam Street that resulted in five foreclosures.
2008-07-04 06:00:30 -
Mid-South Homes Being Stolen (WREG-TV Memphis)
A News Channel 3 investigation has uncovered, people are taking homes!
2008-07-04 09:15:18 -
Euro Heads for Weekly Loss as Economy May Rule Out Rate Rise - Bloomberg
July 4 (Bloomberg) -- The euro headed for a weekly decline against the dollar on speculation a worsening European economic outlook will rule out future interest-rate increases. The 15-nation currency traded near a one-week low against the dollar ...
2008-07-04 07:26:00 -
Inflation rises to 11.63 per cent - Hindustan Times
India’s inflation rate continued to defy gravity rising to 11.63 per cent raising concerns about a further hike in interest rates. The rate was up from 11.42 per cent in the previous week, and is the highest since the series began in 1995. The ...
2008-07-04 10:04:00