Mortgage and Financial News From 2008-2-8 Page 24

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  • Mortgage insurance getting harder to get - Seattle Post Intelligencer

    Mortgage insurance getting harder to getSeattle Post Intelligencer - 51 minutes agoLenders traditionally have required buyers taking loans for more than 80 percent of a home's value to buy private mortgage insurance from companies such as ...
    2008-02-08 03:28:48

  • Countrywide and Acorn to outline subprime agreement - Reuters

    Countrywide and Acorn to outline subprime agreementReuters - 20 minutes agoLOS ANGELES (Reuters) - US mortgage lender Countrywide Financial Corp (CFC.N: Quote, Profile, Research) and housing advocacy group ACORN on Monday will ...
    2008-02-08 04:00:14

  • Sharp rise in number of Scottish homes being repossessed - The Herald

    Sharp rise in number of Scottish homes being repossessedThe Herald, UK - 18 minutes agoAs the Council of Mortgage Lenders (CML) issued the bleak figures for 2007, it called for support for homeowners facing mortgage arrears to be given sooner ...
    2008-02-08 04:01:28

  • Year of "denial" in US subprime crisis - Reuters

    Year of "denial" in US subprime crisisReuters - 17 minutes agoAmerican Home Mortgage Investment Corp AHM.N followed in August. Accredited Home Lenders Holding Co (LEND.O: Quote, Profile, Research) was bought out by a ...
    2008-02-08 04:03:24

  • Number of home repossessions up 20 per cent as rate rises bite - Independent

    Number of home repossessions up 20 per cent as rate rises biteIndependent, UK - 14 minutes agoAccording to figures released by the Council of Mortgage Lenders (CML) yesterday, 27100 homes were repossessed in 2007, up from 22400 in 2006, ...
    2008-02-08 04:05:50

  • Bank's cautious approach could cost Britain dear - Scotsman

    Bank's cautious approach could cost Britain dearScotsman, United Kingdom - 13 minutes ago... of people whose homes have been repossessed for non-payment rose by 21 per cent last year, according to the authoritative Council of Mortgage lenders. ...
    2008-02-08 04:06:58

  • Forecast of tough year ahead after lenders repossess 27000 homes - Guardian Unlimited

    Forecast of tough year ahead after lenders repossess 27000 homesGuardian Unlimited, UK - 12 minutes agoThe Council of Mortgage Lenders said 27100 homes were taken back by lenders last year, a repossession rate less than half that experienced throughout the ...
    2008-02-08 04:07:31

  • It has affected my kids - they're seeing me stressed out - Guardian Unlimited

    It has affected my kids - they're seeing me stressed outGuardian Unlimited, UK - 12 minutes agoThe Council for Mortgage Lenders predicts 45000 homes will be repossessed this year, 50% more than in 2007. Now it seems only a matter of time before ...
    2008-02-08 04:07:32

  • Rate cuts not on track for all - Times Online

    Rate cuts not on track for allTimes Online, UK - 12 minutes agoHowever, the Council of Mortgage Lenders (CML) cautioned borrowers not to automatically expect cheaper deals, saying that the ongoing credit crunch is ...
    2008-02-08 04:08:22

  • More British homes being repossessed - Malaysia Sun

    More British homes being repossessedMalaysia Sun, Malaysia - 10 minutes agoThe Council of Mortgage Lenders said 27100 homes, the highest figure since 1999, were taken over by lenders after people fell behind with repayments. ...
    2008-02-08 04:10:21

  • Swan sets watchdog on banks over fees (Canberra Times)

    Treasurer Wayne Swan enlisted the corporate watchdog to launch an inquiry into bank home loan exit fees as he announced a package of measures to smooth the process of switching between the big lenders.
    2008-02-08 03:41:11

  • Loans available for those in rural New Mexico (Valencia County News-Bulletin)

    Los Lunas Help is available for rural New Mexicans who want to purchase their own home through the U.S. Department of Agriculture, said the USDA's Rural Development State Director Ryan Gleason.
    2008-02-08 04:09:29

  • Year of "denial" in U.S. subprime crisis (EARTHtimes.org)

    NEW YORK (Reuters) - One year after the first alarm bells of the subprime mortgage crisis rang on Wall Street, many of its victims are trading at half their value or less, while others have long been buried.
    2008-02-08 04:12:06

  • Banks land bumper profits despite crunch (Guardian Unlimited)

    Britain's banks are forecast to report bumper profits of more than £42bn for 2007 despite being forced to stomach losses caused by the credit crunch
    2008-02-08 04:12:15

  • Personal Finance Daily -- Feb. 8 (MENAFN)

    Personal Finance Daily -- Feb. 8
    2008-02-08 04:13:41

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