Mortgage and Financial News From 2007-12-14 Page 18

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  • Despite credit crisis, Countrywide opens Hamptons office

    Newsday - Countrywide Home Loans opened an office last month with eight employees at 87 Newton Lane, previously occupied by the American Home Mortgage, the bankrupt Melville-based lender. "Countrywide continues to pursue marketshare where we believe we can grow ...
    2007-12-13 03:50:00
  • Mortgage insurance more affordable with tax breaks

    Inside Bay Area - ... was definitely a second choice when the piggybacks were so much more available," said Tammy Cryer, a mortgage broker with The Home Loan Group, which has offices in Orinda and Lafayette. In the event of a foreclosure sale, a piggyback lender is ...
    2007-12-14 06:31:00
  • The Barefoot Investor in NY: Deceived by the dream

    News.com.au - FOR sub-prime mortgage holders - many of them poor and black - the American Dream of home ownership is about to be snatched away once more. ... in the season is about as helpful as refinancing your credit cards with a pay-day lender ...
    2007-12-14 05:55:00
  • Groups protest Countrywide actions

    Los Angeles Times - ... outside Countrywide Financial Corp. offices Wednesday, part of a campaign to press the nation's largest mortgage lender to do more ... Countrywide Home Loans" beneath the doors, which appeared to be locked. One protester, Nanshi Ignacio, said she ...
    2007-12-14 05:55:00
  • Aging boomers spur reverse mortgage biz

    East Bay Business Times - Wells is the largest retail reverse mortgage lender in the country. A reverse mortgage allows older homeowners to convert a portion of their home equity into cash through a loan secured by the home. The loan does not have to be repaid until the ...
    2007-12-14 05:05:00
  • Md. mortgage fee lawsuit reinstated

    Baltimore Sun - A ruling yesterday from the state's highest court over prepayment mortgage charges could make it more expensive for some to obtain home equity loans, the ... collected the money after the loan was paid off early when he refinanced with another lender ...
    2007-12-14 06:31:00
  • U.S. Stock-Index Futures Drop; Amazon, EBay, McDonald's Fall

    Bloomberg - Wells Fargo & Co., the second-largest U.S. mortgage lender, gained 28 cents to $30.84. Goldman Sachs Group Inc. added $1.80 to $210.28. The world's biggest securities firm may post record full-year profit of more than $11 billion on Dec ...
    2007-12-14 03:46:00
  • Md. mortgage fee lawsuit reinstated (Baltimore Sun)

    State high court finds against Provident Bank A ruling yesterday from the state's highest court over prepayment mortgage charges could make it more expensive for some to obtain home equity loans, the banking industry's trade association warned.
    2007-12-14 01:53:50
  • Mortgage Lender To Pay Nearly 30,000 Florida Homeowners In Settlement (WFTV 9 Orlando)

    ORLANDO, Fla. -- Nearly 30,000 Floridians will be getting a pay out from a mortgage company as a settlement for predatory lending practices.
    2007-12-14 05:19:40
  • Ill. Attorney General Probing Countrywide Financial Home Loan Unit (Multi-Housing News)

    Chicago--The Illinois attorney general is investigating the home loan division of Countrywide Financial, the nation’s largest mortgage lender and loan servicer, The New York Times reported Thursday.
    2007-12-13 04:12:11
  • Illinois, California attorneys general investigating mortgage lender Countrywide Financial (Minneapolis-St. Paul Star Tribune)

    Attorneys general in California and Illinois are investigating the lending practices of Countrywide Financial Corp., the nation's largest mortgage lender, officials said Thursday.
    2007-12-13 10:08:32
  • Illinois probing top home lender (Chicago Tribune)

    State looks for fraud in Countrywide loans The Illinois attorney general's office is investigating Countrywide Financial Corp., the nation's largest mortgage lender, for predatory and potentially fraudulent lending practices.
    2007-12-14 05:46:35
  • I Am Legend

    WTOP Radio - The filmmakers knew the demanding role would require a high-caliber actor, and when they learned that Will Smith had an interest in the role, the main element of the project clicked into place. Smith, along with producer James Lassiter, his partner ...
    2007-12-14 02:42:00
  • Analysts slashing forecasts on growth

    Windsor Star - However, further interest rates cuts in this country and globally will foster a recovery late next year and into 2009, it said. Prices for new housing edged up just 0.1 per cent in October to 6.1 per cent higher than a year earlier, Statistics Canada ...
    2007-12-14 12:33:00
  • Safety comes first in toy department

    Saskatoon Star Phoenix - ... Tammie McCumber carry, such as German-made Playmobil, are becoming more popular, but Woodhouse isn't sure if the interest in ... The group also looks at how much fun children have when playing with the toy and rates items with a star system. Canadian ...
    2007-12-14 01:37:00