Mortgage and Financial News From 2007-8-19 Page 10

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• Blue receives professional honor (Bradenton Herald)

  Deborah J. Blue, a shareholder in the law firm of Dickinson & Gibbons, P.A., has been honored as a Florida Super Lawyer in the family law category. Blue is board-certified in the areas of criminal law and civil litigation. ...
  2007-08-19 07:14:24

• Capitol Beat: State proposition backers never lose hope Initiative fans never give up hope (San Jose Mercury News)

  California voters have been in the habit lately of rejecting ballot propositions. That's not stopping folks from trying.
  2007-08-19 09:22:55

• Budget road trip (Contra Costa Times)

  THE PUBLIC NEEDS A SIGN : Gov. Arnold Schwarzenegger tours the state, telling the public at each stop that the Legislature needs to sign a budget. The lowdown: And by Legislature, he means Senate Republicans who don't even trust the governor to cut the $700 million in spending he kept promising
  2007-08-19 10:21:15

• Net Worth: What the Fed move means to markets (San Francisco Chronicle)

  The Federal Reserve poured Drano into the clogged-up credit markets on Friday. It offered to make cheaper, longer-term loans to banks and other financial institutions through its discount window. The move soothed the stock market, sending the Dow Jones...
  2007-08-19 07:19:23

• Cash in the home (Lexington Herald-Leader)

  Home might be where the heart is, but it's also where the money is for millions of seniors. Older adults hold $4.3 trillion in home equity. By 2030, when the youngest members of the baby boom generation retire, Americans 62 and older will have $37 trillion locked up in their houses, the National Reverse Mortgage Lenders Association predicts. That much money attracts attention. As a result, the ...
  2007-08-18 07:07:18

• High-risk mortgages prompt hike in Indianapolis foreclosures (WTHR Indianapolis)

  Hundreds of foreclosed Indiana homes are on the auction block, many of them because of high-risk mortgages homeowners could no longer pay.
  2007-08-16 10:18:14

• Business Briefs: Aug. 17, 2007 (The Record Searchlight)

  • Butte Bank opens location near mall • Construction class offered at Shasta • Reverse mortgages topic of meeting • YMCA names Bertagna director of development
  2007-08-17 03:38:17

• Reverse Mortgages 101 (Daily Local News)

  DEAR BRUCE: I wish you would give us a general talk about reverse mortgages. I am not sure I trust the advice I receive from someone who is selling them. Are there special criteria that set candidates apart? -- M.T, via e-mail
  2007-08-17 06:53:41

• Legislation would aid access to mortgages

  Cincinnati Enquirer - Proponents in Congress say allowing the Federal Housing Administration to insure more mortgages would help the riskiest borrowers buy homes, or refinance unaffordable loans, at a time when funds are drying up amid a worsening credit crunch. When ...
  2007-08-19 09:33:00

• Mountain village is Ski Town, USA

  NorthJersey.com - In 2004, Jeff Chapman, a home-loan refinance specialist who has been vacationing in Steamboat Springs since the mid-1980s, purchased a 3,200-square-foot, five-bedroom, 5½-bathroom house for close to $500,000; now it's worth about $800,000. "I came ...
  2007-08-19 10:59:00

• RAMS extends rollover for US CP

  News.com.au - RAMS now has a 180-day window in which to refinance the CP, at a cost of LIBOR plus 25 basis points. "The company is taking active steps to refinance the programs," it said. RAMS said earlier this week that an increased cost of funding will have a ...
  2007-08-16 12:54:00

• Crested Butte says academy move a snow job

  Bradenton Herald - In financial straits, the academy in 2006 was aided by the Town of Crested Butte, which issued industrial development revenue bonds that helped refinance the school's loan on its campus. But in March, the school had run out of money and was facing ...
  2007-08-19 10:45:00

• Ultimate Fan Experience Auction Package to Benefit Boys & Girls Clubs ...

  Forbes - RoadLoans is a leading direct-to-consumer auto finance company specializing in new and used vehicle loans, consumer-to-consumer purchases and opportunities to refinance existing loans for customers with all types of credit and especially proud of its ...
  2007-08-18 07:14:00

• Wheeling-Pittsburgh Agrees In Principle To Refinance Existing Credit ...

  RTT News - • 8/17/2007 1:44:52 PM *Flair Petroleum Shareholders Vote To Replace David Robinson, Henk Jelsma And Ernie Pratt As Directors [FPMC.PK] • 8/17/2007 1:45:30 PM *Great Quest Completes C$751,750 Private Placement With MineralFields Group [GQ.V ...
  2007-08-17 05:28:00

• Potential reprieve for homeowners facing foreclosure

  Pocono Record - Many of these loans have high early repayment penalties, making them difficult to refinance. Regulators have begun discussing the need to approve borrowers at the higher, long-term rates. But, it's probably a case of too little, too late. Funds for ...
  2007-08-19 03:49:00

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