Mortgage and Financial News From 2007-8-19 Page 4

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• College can be costly, but don’t despair: Where there’s the will, there’s a way to pay (Lebanon Daily News)

  Like many other people his age, Marc Schaffer will soon be off to college. The 2007 Lebanon High School graduate will leave Thursday for Temple University in Philadelphia, where he will study athletic training. Classes begin Aug. 27.
  2007-08-19 02:49:34

• Your formula for staying cool while the stock market melts (Sun-Sentinel)

  It's August and let's see, the stock market melted, then heated up and fell apart again. But it was all OK by the time it closed on Friday, thanks to the Federal Reserve's unexpected interest rate cut.
  2007-08-19 07:19:27

• UPDATE 1-Subprime lender NovaStar firing 37 percent of staff

  Reuters - NEW YORK, Aug 17 (Reuters) - NovaStar Financial Inc (NFI.N: Quote , Profile , Research ), a subprime mortgage lender, said on Friday it will fire about 500 employees, or 37 percent of its work force, as it reduces home loans given tough capital ...
  2007-08-17 08:55:00

• Financially troubled owner can prevent foreclosure

  Detroit Free Press - The problem is, I lost my job in May and am already having trouble making the mortgage payments. But I would lose money ... Because you don't have much equity in the home, the lender probably wouldn't be able to recoup all the money you owe after the ...
  2007-08-19 12:53:00

• Beattie supports lender crackdown

  News.com.au - Beattie supports lender crackdown ... Peter Beattie said today his Government would assist in a crackdown on mortgage ... Housing stress to intensify Hostage: Rescued bride scam farmer returns home Unsafe ...
  2007-08-19 06:55:00

• Campbell, John Henry Get Losses as Subprime Devours Carry Trade

  Bloomberg - Chalk up another victim to the spreading U.S. subprime mortgage contagion. The ... 6 percent for 2007, data from ABN Amro Holdings NV, the biggest Dutch lender, show ... New-Home Sales Slide, Orders for Durable Goods Rise: U.S. Economy Preview ...
  2007-08-19 05:47:00

• Lender shouldn't send bills to bankrupt debtor

  Detroit Free Press - However, the mortgage company is a secured lender so you still owe the money, and you were not discharged of mortgage debt in the bankruptcy. ... Dear Bob: What is the most cost-effective way for my parents to leave me their home? They want to just add my ...
  2007-08-19 12:53:00

• Most viewed on MSNBC.com

  MSNBC - Doing business mainly as Charter Funding, the company expands rapidly to become the largest home-mortgage lender in Southern Arizona. 1998: First Magnus begins national expansion with offices in California and Hawaii. The company approaches $1 ...
  2007-08-19 01:01:00

• Ariz. regulators move to fine, pull license of mortgage lender (KVOA Tucson)

  PHOENIX -- Arizona regulators have moved to fine and pull the license of First Magnus Financial Corp. after the Tucson-based national mortgage lender suspended operations this week.
  2007-08-19 02:26:54

• Leading mortgage lender forced to borrow billions (San Gabriel Valley Tribune)

  CALABASAS - Countrywide Financial Corp.'s financial trouble deepened Thursday, forcing the nation's biggest mortgage lender to tap an $11.5 billion credit line to fund operations.
  2007-08-19 11:49:40

• Mortgage Lender Lays Off Nearly 6,000 (Greenwich Time)

  TUCSON, Ariz. -- First Magnus Financial Corp., a national mortgage lender that is suspending operations, says it has laid off 99 percent of its nearly 6,000 employees nationwide and closed all of its more than 300 offices.
  2007-08-19 05:59:44

• ECONOMIC OUTLOOK

  American Enterprise Institute - ... that (as the article paraphrased it) "the way big Wall Street banks and hedge funds had picked up troubled subprime mortgage ... fund managing about $1.7 billion U.S., suspended withdrawals from its funds, saying that "the manager is unable to calculate ...
  2007-07-26 12:57:00

• Choose a mortgage lender carefully

  Dublin Villager - A good mortgage lender will help you learn the ins and outs of a mortgage, no matter how long it takes. They'll explain all the terms and jargon and will calculate the numbers for you as many times as you need to understand them. Don't be afraid to ...
  2007-07-26 12:57:00

• Mortgage Payment Analysis

  WECT - Calculate your monthly payments and analyze your mortgage-interest deduction. View Your Credit Score Online If you're looking to buy a home or apply for a loan, or are simply worried about identity theft, this is the best time to order your credit ...
  2007-08-06 07:21:00

• News Blog: Posts tagged maps

  CNET News - You can also find out what homes in the area sold for recently, calculate mortgage rates, see listings from Craigslist, Trulia, Google and the MLS (Multiple Listing Service) site and even get housing valuations from Zillow. One click on a tab and ...
  2007-08-14 12:56:00

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