Wednesday 12 November 2008 @ 3:11 am
 MSN Money UK |
Central Valley has some of nation’s worst home equity
Central Valley Business Times, CA - Nationally, over 7.5 million mortgages or 18 percent of all properties with a mortgage were in a negative equity position as of the end of September. … Negative equity in US 'widespread' Hawaii mortgages retain equity Pacific Business News (Honolulu) A Town Drowns in Debt as Home Values Plunge |
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Wednesday 12 November 2008 @ 3:11 am
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Bay Area homeowners owe more than home's worth
San Francisco Chronicle,  USA - "The last recession in 2001-02 coincided with an upswing in housing market values so one could use home equity as a source of money to get them through, … Home values continue to drop Study: Fifth of Bay Area homeowners "underwater" |
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Wednesday 12 November 2008 @ 3:11 am
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Home equity is gone for many mortgage holders
Seattle Times, United States - It also reveals that almost a quarter of all US mortgage holders are in danger of having no home equity— because they bought recently with little or no … Study: 16.5% of Texans owe on their home than it's worth Negative home equity less in Pa., NJ 7.5 million homeowners underwater |
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Wednesday 12 November 2008 @ 3:11 am
 CTV.ca |
Housing Legislation Will Affect Investors in Mortgage-Backed …
International Law Office, UK - The legislation includes changes to the FHA insurance programme for home equity conversion mortgage loans designed to increase availability of FHA-insured … Mortgage aid plans launched; they'll help some in Michigan Help for Freddie, Fannie loans on the way Negotiating Better Terms for Mortgage |
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Wednesday 12 November 2008 @ 2:11 am
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Credit Crisis Tentacles Spread to Every Sector of Finance Market
The Market Oracle, UK - Home equity vanished and mortgage payments shot up. Dwindling foreign lending was a sure sign of the impending crisis. At the end of August many financial … |
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Wednesday 12 November 2008 @ 2:11 am
 ITV.com |
How to protect home equity as sliding house prices hit remortgages …
Daily Mail, UK - And if you are going to be able to take advantage, you need as much equity in your home as possible. This means taking action now to offset the effects of … What rate cuts mean for you Final statement: Greedy banks are shedding crocodile tears for savers Banks profit as mortgage gap hits historic high |
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Wednesday 12 November 2008 @ 2:11 am
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Is Your Home Equity Line of Credit Safe?
TheStreet.com - Many lenders are freezing home equity lines of credit, or HELOCs, even those that remain unused. Declining home values and an uncertain economic outlook are … |
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Wednesday 12 November 2008 @ 1:11 am
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Irwin Financial Corporation Announces Third Quarter Results
MarketWatch - The Corporation continued to reduce exposure to its national home equity portfolio through the securitization of $268 million of these loans. … Service Bancorp, Inc. Reports Results for the Quarter Ended … Patriot National Bancorp Reports Quarterly Results Home Financial Bancorp Reports First Quarter Results and Death of … |
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Wednesday 12 November 2008 @ 1:11 am
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Home Equity Income Trust cuts monthly distributions by a third to …
The Canadian Press, TORONTO - TORONTO — Home Equity Income Trust (TSX:HEQ.UN, a company with a portfolio of reverse mortgages originated by Canadian Home Income Plan, says it is cutting … Home Equity Income Trust Announces the Release of its Third … |
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Wednesday 12 November 2008 @ 12:11 am
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Where US Homeowners Are Losing Value Fastest
Forbes, NY - Virginia Beach homeowners who bought homes this year possess a paltry 5.2% of home equity, and 34.5% owe more on their property than it's worth, … 1 in 7 homes in Santa Clara County is 'underwater' Zillow: Half of home sellers in past year lost money |
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