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Banks face pressure on rate cut
"Banks and building societies are coming under increasing pressure from MPs to pass on the latest cut in interest rates to their mortgage customers. Some of the major lenders made an immediate decision to pass on...HOUSING: Judge denies defense request in foreclosure case
"A judge denied a request Friday to toss out two civil charges against a group of defendants accused of running a fictitious foreclosure-prevention company, said a district attorney prosecutor.Five people who ran a Carlsbad business were arrested in May on charges of...Probing Golden West
"NEW YORK (AP) - The Department of Justice is investigating the mortgage lending practices of Golden West Financial Corp., the savings and loan bought by Wachovia Corp. for $24 billion at the height of the housing boom in 2006.U.S. Attorney Joseph Russoniello told The...
created by MortgageAuditor | 32 wks ago | updated 32 wks ago
113 views | 0 recommendations | 0 comments
113 views | 0 recommendations | 0 comments
How to qualify for a loan modification « Foreclosure Combatant
"Which homeowners qualify for LOAN MODIFICATION and how can you improve your chances of success? While each lender has their own unique guidelines for acceptance, there are some general requirements that borrowers must meet if they hope to get their loan modified...
Savvy Homeowners Are Turning the Table on Lenders
"WASHINGTON, D.C., Nov. 18 (SEND2PRESS NEWSWIRE) — National Loan Audits (www.nationalloanaudits.com) announced today that since only a fraction of distressed homeowners needing a loan modification are getting the help they need, borrowers should obtain a Forensic Loan... Loan Reveals Two Spins on Democracy
Most political news in Vancouver has been swirling around the $100 million loan that is reportedly been authorized as a bailout cushion to either Millennium Development Corp (the company building the Olympic... Bank giant HSBC axes 1,100 jobs
Amidst the world economy heading dangerously towards recession and after two of the big bank's failur to stay afloat, job losses were ominous.India's IT sector has stopped hiring new software engineers. Recession...
created by Sanjay Jha | 40 wks ago | updated 36 wks ago
1900 views | 12 recommendations | 22 comments
1900 views | 12 recommendations | 22 comments
European Regulators Scramble to Save Banks
Thr Brit's first exposed to NewYork Wall street debacle, nationalized mortgage lender Bradford & Bingley. (not Euro zone, British pound) France the only country without Bank collapse so far. " European...How to get a cheque of $450 million, 9/15 when you file for bancruptcy CH.11 ?
How to get a cheque of $450 million, 9/15 when you file for bancruptcy chapter 11 ? Simpson bankers at work 9/15: Stupid german bank pays $450 million to Lehman Bros, money gone Great bank experts at work The...FDIC - Federal bank insurance fund short on cash
"WASHINGTON - Banks are not the only ones struggling in the growing financial crisis. The fund established to insure their deposits is also feeling the pinch, and the taxpayer may be the lender of last resort.The Federal Deposit Insurance Corp., whose insurance fund has...UK Alliance & Leicester PLC in talks about takeover
Guarding off the mortgage crisis effects around the world, British lender Alliance & Leicester PLC started to talk a possible takeover. In response, shares surged over 45%. " British mortgage lender says it is in advanced talks about a possible takeover ...IndyMac Fails, Seized by U.S. Regulators
IndyMac Bancorp Inc. became the second-biggest federally insured financial company to fail today after a run by depositors left the California mortgage lender short on cash. "FDIC Establishes IndyMac Federal...UK house prices ~ largest drop since 1992
Affordable for some but unobtainable for the majority...Bank of England cuts interest rates to 5pc."House prices across the nation saw the largest monthly fall since 1992 last month, according to Halifax,...Senior Clinton Staffer Linked to Mortgage Crisis
Senior Clinton Staffer Linked to Mortgage Crisis As Clinton Talks Housing Crisis, Campaign Manager Serves on Board of Bankrupt Lender" WASHINGTON – While Hillary Clinton campaigns for the Democratic...Jingle mail, Jingle mail Sc#*w the bank all the way
" Mortgage foreclosures hit an all-time high in the fourth quarter of last year while homeowners' equity, or the value of a home less the outstanding mortgage, sank to an all-time low of 47.9 percent. As prices drop, more home owners who bought at the top of the market...
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