Housing Market in U.S. Is Reaching Bottom, Ranieri Says The US housing market is reaching a bottom, according to Lewis Ranieri, the mortgage-bond pioneer. While “broad” concern that home prices have further to fall is restraining sales, “many, myself included, think we are at a bottom,” Ranieri said today … Read more on Bloomberg Real [...]
Category Archives: News
Federal student loan interest rate set to double
Federal student loan interest rate set to double With the interest rate on Stafford loans set to double in July, the 2008 Crest High graduate can't afford the additional debt. She made the painful decision to drop out of school if the interest rate of federally subsidized Stafford loans increases … Read more on Shelby [...]
Latest House Foreclosure News
The ghost houses of Ireland: Foreclosure and eviction The last people to do them on a widespread level here were the English, and you'd typically see them kicking a family of 12 out of their home and burning their barn.” Foreclosure dominates radio talk-shows and television, sparked, some say, … Read more on MetroNews Canada [...]
Rising tuition trumps interest rate among students' worries
Rising tuition trumps interest rate among students' worries As lots of homeowners learned, borrowing too much money can lead to trouble even if interest rates are relatively low. If college students are wise, they'll realize the current debate about the interest rate for their loans is a sideshow compared to … Read more on Atlanta [...]
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US Housing Market May See `Little Boomlets'
US Housing Market May See `Little Boomlets' Apr. 26, 2012 – Karl Case, co-creator of the S&P/Case-Shiller index of property values in 20 US cities, and Michael Feder, chief executive officer of Radar Logic Inc., talk about the US housing market. They speak on Bloomberg Television's "InBusiness … Read more on Washington Post Sales show [...]
Latest Interest Rates News
CalFirst Bancorp Reports Decline in Third Quarter Earnings Due to Lower Non … For the nine months ended March 31, 2012, interest expense on deposits and borrowings decreased by $ 343000 to $ 2.3 million, reflecting a 16.6% increase in average balances offset by a 39 basis point decrease in average rates paid to 1.14%. [...]
Capital gains tax, high interest rates and uncertainty
Capital gains tax, high interest rates and uncertainty Ask any IMF official and the answer will be to increase interest rates. It serves two purposes. Firstly, an increase in interest rates decreases domestic demand and therefore inflation by making it more attractive for people to save more. Read more on The Express Tribune Interest rate [...]
Fannie Mae Supports the Multifamily Mortgage Market with Robust Issuance in …
Fannie Mae Supports the Multifamily Mortgage Market with Robust Issuance in … Fannie Mae is the market leader in financing US multifamily mortgages. The company's DUS MBS securities provide market participants with easily-modeled cash flows and call protection in defined maturities of five, seven and ten years. Read more on MarketWatch (press release) Bank of [...]
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Banks moving to lower mortgage interest rates
Banks moving to lower mortgage interest rates By He Wei (China Daily) Mortgage interest rates have fallen recently in Chinese first-tier cities, a sign the country's property market is gradually reviving, analysts say. Large banks in Shanghai and Beijing have said they will be adjusting the terms … Read more on China Daily Italy pays [...]
IN RE LUMPKIN
IN RE LUMPKIN FILED ON FEBRUARY 17, 2012 On February 17, 2012, Americredit Financial Services, Inc. filed a "supplemental claim" for $ 375 for "repossession or transport fees." The trustee has objected to the claim. Americredit has failed to respond. Read more on Leagle.com Judge finds that repossession agent trespassed and assaulted man on private [...]