Mortgage and Financial News From 2007-9-12 Page 19

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• FTC tells 200 home lenders to clean up ads

  Fort Wayne Journal Gazette - ... about “potentially deceptive” mortgage advertisements that could give borrowers a false impression of the cost of home ... Although some people were betting that they could refinance their loans before the rates reset, others were not informed ...
  2007-09-12 02:47:00

• Amid turmoil, subprime lending is still paying off for AmeriCredit

  Fort Worth Star-Telegram - And because the bust has hurt home values, they can't sell or refinance, either. That's led to the surge in foreclosures and the expectation that strapped, subprime borrowers would start defaulting on car loans, too. That sounds logical -- the ...
  2007-09-12 03:09:00

• UPDATE 1-US home loan demand rises as interest rates tumble

  Reuters - ... home loans as interest rates sank to their lowest since May, an industry group's figures showed Wednesday. The Mortgage Bankers Association said its seasonally adjusted index of mortgage applications, which includes both purchase and refinance ...
  2007-09-12 03:59:00

• U.S. MBA's Mortgage Applications Index Increased 5.5% Last Week

  Bloomberg - Sept. 12 (Bloomberg) -- Mortgage applications in the U.S. rose 5.5 percent last week, reflecting gains in both purchases and refinancing. The Mortgage Bankers Association's index of applications to buy a home or refinance a loan rose to 657.4 from ...
  2007-09-12 04:06:00

• FTC tells 200 home lenders to clean up ads (Fort Wayne Journal Gazette)

  WASHINGTON –The Federal Trade Commission has warned more than 200 companies about “potentially deceptive” mortgage advertisements that could give borrowers a false impression of the cost of home loans.
  2007-09-12 03:14:37

• Welcome to quotidienmutations.net (Quotidien Mutations)

  Countrywide® Home Loans No Closing Cost++ Refinance Loan. Ask the Experts at Countrywide®. www.Countrywide.com Looking for personals? Dating for those who live an alternative lifestyle www.AlternativeDateLink.com
  2007-09-12 04:19:17

• Home loan demand rises as interest rates tumble (Reuters via Yahoo! News)

  Mortgage applications rose for a second straight week, fueled by demand for home loans as interest rates sank to their lowest since May, an industry group's figures showed Wednesday.
  2007-09-12 04:21:59

• Stocks Rise As Exports Help Trim Trade Deficit

  Washington Post - ... McDonald's gave investors hope that the economy could withstand the stress resulting from the credit ... A spate of corporate announcements also helped send stocks higher in the absence of more bad news from the beleaguered housing and mortgage markets
  2007-09-11 09:54:00

• Are Latinos Leaving?

  Slate - Book Marriott's breakfast deal now with Visa ~ Monitor your credit score. Get Score ... recovery is slower but presumably more solid. ... [ You think the current mortgage ... fact, if Saturn sales are "up 15 percent" this year, that seems like really bad ...
  2007-09-12 02:40:00

• Markets: Credit fall-out

  The Independent - ... the market has endured a rotten summer as the collapse of the US sub-prime mortgage ... poor performers in 2006, and the trend has worsened thanks to the summer credit ... scenario does not occur, and it is unlikely that the news will be as bad as the ...
  2007-09-11 04:18:00

• Dubai real estate needs a soft landing in the global credit crunch

  AME Info - Dubai real estate needs a soft landing in the global credit crunch August was a ... Whether this is a good or bad thing for house prices is a different issue. On ... Special mortgage deals would help to keep the market moving, although Dubai rental ...
  2007-09-12 02:33:00

• FTC warns firms of ‘deceptive’ ads

  Times-Leader - Mortgage advertisements could give borrowers false impressions, officials say. ALAN ZIBEL AP Business Writer WASHINGTON —The ... particularly the elderly, minorities and the poor — signed up for subprime loans given to borrowers with weak credit that ...
  2007-09-11 09:04:00

• Housing seer says there's worse to come

  Globe and Mail - So, with subprime mortgage losses and credit woes now the No. 1 topic in the markets, what does the former Goldman Sachs investment banker see next for the housing market and the U.S. economy? Well, if you thought things were bad now, just wait. Think ...
  2007-09-12 01:50:00

• Burdening Your Retirement With A Mortgage

  Forbes - ... from an investment point of view, a single property could be considered completely undiversified, which is bad news ... Related Business Topics Credit Cards Mortgage Refinance
  2007-09-12 03:02:00

• Dubai real estate needs a soft landing in the global credit crunch (AME Info)

  August was a momentous month for global capital markets and it may be some time before credit is as freely available again. In short, money costs more in terms of interest to be paid and is harder to come by.
  2007-09-12 02:47:09

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