Mortgage and Financial News From 2008-2-8 Page 01

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• Suit Tangles Issue of James Brown’s Estate

  New York Times - Brown’s lawyer at Greenberg Traurig for about three decades, to try to refinance the bonds in 2005 through a loan from the Royal Bank of Scotland . The deal would have generated fees of at least $2.7 million for the managers and lawyer — who ...
  2008-02-08 09:42:00

• London shares closed firmer near highs; NY flat off lows; miners gain ...

  CNN Money - ... 10-20 pct cut to 2009 estimated EPS and a 10 pct reduction in net present value. Away from pharmaceuticals British Sky Broadcasting was off 6 at 552 as the group said it will carry out a private placing to raise 750 mln usd (384 mln stg) to refinance ...
  2008-02-08 11:08:00

• Fitch Rates Metropolitan Transportation Auth, New York's $750MM Revs ...

  Forbes - Bond proceeds will be used to finance transit and commuter projects and/or to refinance any outstanding indebtedness and to pay the cost of issuance. The series 2008A bonds are expected to sell the week of Feb. 11th. In addition, Fitch affirms the 'A ...
  2008-02-08 01:38:00

• Doing the decent thing, almost

  Times Online - The Treasury should seriously consider the possibility of creating an agency to buy good-quality mortgage-backed securities as this would increase the funds available by allowing lenders to to refinance their loan books. Borrowers looking to ...
  2008-02-08 02:36:00

• Retirees welcome rebate news

  AZCentral.com - Many such borrowers would be able to refinance their loans into federally insured mortgages with higher borrowing ceilings. But the focus of the stimulus package is on spending, which means Americans will have another three-plus months to figure out ...
  2008-02-08 09:59:00

• How An Unpaid Bill Can Torpedo Your Credit Score - CBS 5

  How An Unpaid Bill Can Torpedo Your Credit ScoreCBS 5, CA - 5 hours agoThe credit drop was such a big deal because they are currently trying to refinance their mortgage. The lower the credit score, the higher the interest rate. ...
  2008-02-08 05:35:32

• Title insurance buying tips - Los Angeles Times

  Title insurance buying tipsLos Angeles Times, CA - 4 hours agoIf you refinance, you must get a new lender's policy but not a new owner's policy. To get a lender's rate on the TitleWizard site, select "purchase. ...
  2008-02-08 05:57:26

• WHY STIMULUS MIGHT NOT STIMULATE LOANS - San Jose Mercury News

  WHY STIMULUS MIGHT NOT STIMULATE LOANSSan Jose Mercury News,  USA - 4 hours ago... loans to $729750 could shave interest rates on "jumbo" loans, enabling more Americans to buy homes or refinance in costly areas like Silicon Valley. ...
  2008-02-08 06:34:26

• Santander Consumer USA Expands Presence and Use of Services in ... - FOXBusiness

  Santander Consumer USA Expands Presence and Use of Services in ...FOXBusiness - 2 hours ago... ability to cross-sell across an acquired customer base, ability to increase revenue yields within facilities, ability to refinance existing debt, ...
  2008-02-08 07:59:01

• Bill's impact is uncertain - San Bernardino Sun

  Bill's impact is uncertainSan Bernardino Sun, CA - 2 hours agoIt looks like area homeowners on the brink of foreclosure will get to refinance and stay in their abodes. But things don't look as good as they smell. ...
  2008-02-08 08:32:30

• A Psychological Bubble for Homeowners - New York Times

  A Psychological Bubble for HomeownersNew York Times, United States - 1 hour agoAbout a third of the respondents say they are likely to take out a home equity loan, or refinance their mortgage. This in spite of a recent Merrill Lynch ...
  2008-02-08 08:58:52

• The right move? - Times Record News

  The right move?Times Record News, TX - 1 hour agoA tax rebate won’t allow anyone to refinance his mortgage, Thornberry said. It won’t provide cash for a new car or a house, boosting economic sectors in ...
  2008-02-08 09:12:32

• Retirees welcome rebate news - Arizona Republic

  Retirees welcome rebate newsArizona Republic, AZ - 47 minutes agoMany such borrowers would be able to refinance their loans into federally insured mortgages with higher borrowing ceilings. But the focus of the stimulus ...
  2008-02-08 10:00:06

• Need Extra Cash? Have Bad Credit? Cash Out Refinance Mortgage - American Chronicle

  Need Extra Cash? Have Bad Credit? Cash Out Refinance MortgageAmerican Chronicle, CA - 47 minutes agoYou can request a cash-out refinance loan and get the extra money you need in the blink of an eye. It can be really difficult to get finance when your ...
  2008-02-08 10:00:58

• Refinancing requires preparation - Seattle Post Intelligencer

  Refinancing requires preparationSeattle Post Intelligencer - 17 minutes agoMany homeowners applied a few weeks ago to refinance their mortgages, but latecomers continue to apply. According to the Mortgage Bankers Association, ...
  2008-02-08 10:30:28

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