Mortgage and Financial News From 2007-8-22 Page 13

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• Steps eyed to prevent foreclosure

  Sacramento Bee - ... in default in April, May and June, meaning they had missed at least two consecutive mortgage payments, according to La Jolla-based DataQuick Information ... as Colorado, New York and Ohio, which have started funding pools to help borrowers refinance ...
  2007-08-22 06:52:00

• Mexicans Brace for Hurricane Dean's Second Strike (Update1)

  Bloomberg - Fortunately, from what we can tell from early information, and given the violence of the hurricane, the damage is less than what had been expected,'' Mexican President Felipe Calderon said yesterday at a new conference with state and emergency ...
  2007-08-22 11:10:00

• Why Iowa’s numbers rank so high

  Des Moines Register - Rapid appreciation in home values helped homeowners on the East and West coasts, for example, refinance troubled loans as adjustable mortgage ... the sheriff’s office outside the Midland Building in downtown Des Moines earlier this month. Information ...
  2007-08-22 09:01:00

• Steps eyed to prevent foreclosure (The Sacramento Bee)

  Mortgage lenders, facing growing losses from troubled loans, are fast turning their attention to homeowners they fear could be the next ones to default on their monthly payments, state lawmakers were told Tuesday.
  2007-08-22 01:16:17

• Get the FAQs on mortgage resets (Bankrate.com via Yahoo! Finance)

  You've got the questions, we've got the answers.
  2007-08-22 10:00:00

• How to Shop for a Mortgage Today (Kiplinger Magazine via Yahoo! Finance)

  Lenders grow more conservative after the housing bust.
  2007-08-22 02:08:48

• Equity4Profit.Com Prepares Homeowners for Financial Emergencies Caused by the Sub Prime Mortgage Fallout (PRWeb via Yahoo! News)

  With all the turmoil in the market from the sub-prime mortgage fallout, financial emergencies are beginning to loom on the horizon for many homeowners. Equity4Profit.com is currently providing simple steps homeowners can take to immediately create a large, long term emergency fund without increasing their monthly expenses.
  2007-08-22 07:01:00

• Equity4Profit.Com Prepares Homeowners for Financial Emergencies Caused by the Sub Prime Mortgage Fallout (PRWeb)

  With all the turmoil in the market from the sub-prime mortgage fallout, financial emergencies are beginning to loom on the horizon for many homeowners. Equity4Profit.com is currently providing simple steps homeowners can take to immediately create a large, long term emergency fund without increasing their monthly expenses. (PRWeb Aug 22, 2007) Post Comment:Trackback URL: ...
  2007-08-22 07:41:44

• John Sauro, President of North Atlantic Mortgage Corp. Appeared on CNBC's "Squawk on the Street" August 13th, 2007 (PRWeb via Yahoo! News)

  John Sauro, President of North Atlantic Mortgage Corp. appeared on CNBC's "Squawk on the Street" August 13th, 2007.
  2007-08-22 07:01:00

• John Sauro, President of North Atlantic Mortgage Corp. Appeared on FOX News with Neil Cavuto August 11th, 2007 (PRWeb via Yahoo! News)

  John Sauro, President of North Atlantic Mortgage Corp. appeared on FOX News with Neil Cavuto August 11th, 2007.
  2007-08-22 07:01:00

• Lend America Continues to Offer Consumers Relevant Mortgage Solutions During Current Mortgage Market Disruption (PR Newswire via Yahoo! Finance)

  Lend America, a leading privately owned direct-to-consumer residential mortgage lender with a core focus on originating government-insured loans, today announced its business remains strong as it continues to help consumers address their mortgage needs, especially now, as many industry players encounter difficulties in the current mortgage environment.
  2007-08-22 03:30:00

• Accredited Home makes deep cuts amid mortgage turmoil

  Globe and Mail - Accredited Home Lenders, which issued $15.77-billion (U.S.) in home loans last year, said shutting down most of its business is necessary to navigate the turbulence in the mortgage industry. Stung by decaying credit quality and a newfound fear of risk ...
  2007-08-22 12:50:00

• US high-grade and junk bond spreads narrow-traders

  Reuters - NEW YORK, Aug 22 (Reuters) - Overall U.S. corporate bond spreads narrowed on Wednesday, after investors regained some appetite for risk after a recent selloff on concerns that risky mortgage loans are infecting wider credit markets. High-grade ...
  2007-08-22 01:11:00

• HSBC to shut mortgage office

  CNN Money - NEW YORK (Reuters) -- The U.S. mortgage unit of HSBC said Wednesday it will close an office in Indiana, a move that will affect about 600 workers, amid a severe downturn in U.S. credit and housing markets. Escalating defaults on U.S. home loans have ...
  2007-08-22 01:11:00

• Accredited Announces Strategic Restructuring

  Forbes - Accredited originates, finances, securitizes, services, and sells non-prime mortgage loans secured by residential real estate. Founded in 1990, the company is headquartered in San Diego. Additional information may be found at www.accredhome.com. ...
  2007-08-22 12:28:00

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