Mortgage and Financial News From 2008-1-14 Page 01

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  • In a mortgage mess? You may be able to keep your home

    Dallas Morning News - Some borrowers who don't qualify for the fast-track program may be eligible to refinance into a new mortgage, based on their credit score and the amount of equity in their home. Although the program is voluntary on the part of ...
    2008-01-12 03:58:00

  • Australia's Centro Warns on Debt Level, Shares Tumble

    CNBC - Credit problems also hit Australian non-bank lender RAMS Home Loans Group , which failed to refinance its loans last August and subsequently sold most of its business to Westpac Banking Corp .       CEO Resigns Centro said Chief Executive Andrew ...
    2008-01-13 03:57:00

  • Centro Chief Resigns; Banks May Ease Funding Deadline (Update2)

    Bloomberg - Jan. 15 (Bloomberg) -- Centro Properties Group Chief Executive Officer Andrew Scott resigned after the Australian owner of 700 U.S. malls asked banks to extend a Feb. 15 deadline to refinance A$3.9 billion ($3.5 billion) of debt. Glenn Rufrano, the ...
    2008-01-13 03:57:00

  • Median home prices to decline; home sales to hit bottom in third ...

    Marketwatch - Lending standards have been tightened significantly and home prices have declined in many areas, discouraging refinance activity, the MBA said. Also, the spread between the 10-year Treasury yield and conforming mortgage rates, as well as the spread ...
    2008-01-14 09:29:00

  • Ron Grzywinski and Mary Houghton | community bankers

    US News and World Report - ShoreBank is courting low-income homeowners threatened by exploding adjustable-rate mortgages and persuading them to refinance ... impacts to its mission, offering free energy audits of homes and pushing energy efficiency improvements with home loans ...
    2008-01-14 08:56:00

  • Australia's troubled Centro Properties replaces chief executive

    CNBC - MELBOURNE, Australia - Centro Properties Group replaced its chief executive Tuesday as it struggles to refinance billions of ... The Australian company, which is a large owner of shopping malls in the United Sates and Britain as well as at home, also ...
    2008-01-14 10:22:00

  • Centro warns of more liabilities

    Financial Times - Credit problems also hit non-bank lender RAMS Home Loans Group Ltd , which failed to refinance its loans last August and subsequently sold most of its business to Westpac Banking Corp . Centro is seeking buyers for some of its assets, including the ...
    2008-01-14 06:11:00

  • Centro Chief Quits; Lenders May Ease Funding Deadline (Update6)

    Bloomberg - Jan. 15 (Bloomberg) -- Centro Properties Group, the Australian owner of 700 U.S. shopping malls, said Chief Executive Officer Andrew Scott resigned and asked lenders to extend a Feb. 15 deadline to refinance A$3.9 billion ($3.5 billion) of debt ...
    2008-01-14 09:32:00

  • Asian Stocks Fall; Toyota, Honda Lead Drop as Yen Strengthens

    Bloomberg - Centro Properties Group, the Australian owner of U.S. shopping malls that's negotiating to refinance debt, tumbled after its chief executive resigned. Toyota, Honda Decline Toyota, Japan's largest automaker, declined 1.8 ...
    2008-01-14 10:58:00

  • NOTICE OF PUBLIC HEARING BY THE MINNESOTA AGRICULTURAL AND ... - International Falls Daily Journal

    NOTICE OF PUBLIC HEARING BY THE MINNESOTA AGRICULTURAL AND ...International Falls Daily Journal, MN - 11 hours ago... and bonds to be issued by the Wisconsin Health and Educational Facilities Authority (the “Wisconsin Bonds”) to refinance outstanding indebtedness of the ...
    2008-01-14 12:00:13

  • Area's year-end home sales fall - Charlottesville Daily Progress

    Area's year-end home sales fallCharlottesville Daily Progress, VA - 10 hours agoThe housing market started feeling a pinch last year, when more homeowners than expected faced foreclosure when they couldn’t refinance their subprime ...
    2008-01-14 12:46:15

  • Benitez struggling to walk on - Times Online

    Benitez struggling to walk onTimes Online, UK - 9 hours agoThere have been indications in recent weeks that Hicks and Gillett may be forced to Liverpool, with the American tycoons under serious pressure to refinance ...
    2008-01-14 01:53:49

  • For Whom the Roads Toll - City Journal

    For Whom the Roads TollCity Journal, NY - 9 hours agoBut it will also use $16 billion to refinance statewide transportation debt and $1.4 billion to refinance debt that was used to buy and preserve land. ...
    2008-01-14 02:08:11

  • Asian Stocks Fall, Led by Japanese Shares, as Yen Strengthens - Bloomberg

    Asian Stocks Fall, Led by Japanese Shares, as Yen StrengthensBloomberg - 2 hours ago15 deadline to refinance A$3.9 billion ($3.5 billion) of debt. Samsung Electronics Co. and LG.Philips LCD Co. climbed after they reported earnings that ...
    2008-01-14 08:50:56

  • Sub-prime loans and foreclosures workshops - Bay Area Indymedia

    Sub-prime loans and foreclosures workshopsBay Area Indymedia, CA - 2 hours agoWhen they refinanced the home under a new sub-prime loan, with three children living at home, James says they paid their mortgage on time. ...
    2008-01-14 08:57:18

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