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Archive for August, 2008



Lender HELOC crunch spotlights larger issue of borrower abuse - Indianapolis Star


Lender HELOC crunch spotlights larger issue of borrower abuse
Indianapolis Star, United States - Aug 30, 2008
Because a borrower's home serves as collateral for a home equity line of credit, a drop in value puts the loan at risk. As a result of declining home values ...
Property market in crisis Independent Online
all 20 news articles

Is it time to buy a home? - Grand Forks Herald


Is it time to buy a home?
Grand Forks Herald, ND - 11 hours ago
There are many different loan options for first-time home buyers. Some first-time home buyers with a steady job and good credit can buy a home with no down ...

Pairing up to meet financial goals - Sify


Sify

Pairing up to meet financial goals
Sify, India - 11 hours ago
Currently, our monthly expenses towards house keeping are Rs 30000 and our home loan repayment is Rs 30000. We are investing in few SIPs to the tune of Rs ...

Home values' fall can freeze credit lines - Arizona Republic


Home values' fall can freeze credit lines
Arizona Republic, AZ - Aug 30, 2008
"Unfortunately, sharply lower home prices have prompted us to reduce or freeze home-equity lines of credit," said Mary Jane Rogers, a Chase spokeswoman for ...

Home values' fall can freeze credit lines - Arizona Republic


Home values' fall can freeze credit lines
Arizona Republic, AZ - 11 hours ago
... wouldn't be able to draw any more funds from their home-equity line of credit. The bank froze the loan because of a drop in the couple's home value. ...

Personnel Moves - Pittsburgh Tribune-Review


Personnel Moves
Pittsburgh Tribune-Review, PA - 12 hours ago
Audrey Wallace, assistant vice president and commercial loan officer for S&T Bank, Indiana, Pa., was recognized as an honor student at the Pennsylvania ...

Bonds can pay off, but not if there's a top-10 bank crash - guardian.co.uk


Bonds can pay off, but not if there's a top-10 bank crash
guardian.co.uk, UK - 5 hours ago
And the risk is growing that US home-loan giants Fannie Mae and Freddie Mac will effectively be nationalised. Jim Leaviss, head of retail and institutional ...

Bypass the credit jam and drive loan costs down - Independent


Bypass the credit jam and drive loan costs down
Independent, UK - 5 hours ago
In effect, you could be signing up to the car equivalent of negative equity. One solution is a personal contract purchase, Mr Kuo suggests. "This is a loan ...

Bypass the credit jam and drive loan costs down - Independent


Bypass the credit jam and drive loan costs down
Independent, UK - 5 hours ago
In effect, you could be signing up to the car equivalent of negative equity. One solution is a personal contract purchase, Mr Kuo suggests. "This is a loan ...

Lower fixed rates tempt homeowners - Independent


Lower fixed rates tempt homeowners
Independent, UK - Aug 30, 2008
"As the name suggests, these move in line with the rate set by the Bank of England. Now I don't expect the Bank to cut rates this month, but once inflation ...


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