Mortgage Reduction Strategies
Government Could Cut Seconds First - Wall Street Journal 03/09/2010, 2:19 pm
Government Could Cut Seconds FirstWall Street JournalThe more likely reason is that writing down a second mortgage is, of course, principal reduction—and the Treasury seems to want to avoid that, ... […]
Principal Writedowns and the Fake Stress Test - Seeking Alpha (blog) 03/09/2010, 10:08 amWall Street Pit (blog)Principal Writedowns and the Fake Stress TestSeeking Alpha (blog)In order to write down the first principal of a mortgage, the second needs to be destroyed. However the second mo. […]
Fed’s Evans Says Low Rates Needed for ‘Some Time’ (Update2) (Bloomberg) 03/09/2010, 9:41 amMarch 9 (Bloomberg) -- Federal Reserve Bank of Chicago President Charles Evans said low interest rates are likely to be needed “for some time” as high unemployment lingers and inflation stays belo. […]
Stephanomics (BBC News) 03/09/2010, 9:27 amMaybe we can't devalue our way out of trouble
Bond Report: Treasurys up after 3-year auction, Europe worries (Market Watch) 03/09/2010, 6:25 amTreasury prices advance, pushing yields down from their highest in two weeks.
Underwater Mortgage Refinance Plan—Is It Working, Is Walking Away Okay? - Red, White, and Blue Press (blog) 03/09/2010, 4:05 amUnderwater Mortgage Refinance Plan—Is It Working, Is Walking Away Okay?Red, White, and Blue Press (blog)... Treasury and FDIC that are working with homeowners that have an underwater mortgage by way. […]
Anticipated Increase in Mortgage Availablity in the Capital Expected to Improve Transactional Volumes in the Short Term (Zawya) 03/09/2010, 3:30 amAbu Dhabi, United Arab Emirates - 09 March 2010: Landmark Advisory, one of the leading real estate consultancy companies in the Middle East, today announced the findings of its latest sales guide focu. […]
IRS tax tip: Mortgage Debt Forgiveness (The Pasadena Citizen) 03/08/2010, 11:28 pmIf your mortgage debt is partly or entirely forgiven during tax years 2007 through 2012, you may be able to claim special tax relief and exclude the debt forgiven from your income. Here are 10 facts t. […]
Personal savings present savvy loan option (The New Zealand Herald) 03/08/2010, 12:28 pmBefore you start house-hunting, you need to figure out how much you can afford to borrow. Part of those discussions with the bank will involve the structure a mortgage might take.One of the more innov. […]
(AFX UK Focus) 2010-03-08 17:32 Pressure builds for US mortgage loan write-downs (Interactive Investor) 03/08/2010, 9:58 amBy Corbett B. Daly
Solutions aren't easy for underwater mortgages (Detroit Free Press) 03/08/2010, 12:39 amThe underwater mortgage problem has no easy solution, particularly in places like Michigan, which has shed nearly a million manufacturing jobs in the past decade.
Long-Term US Budget Gap Threat to Borrowing, Economists Say - BusinessWeek 03/07/2010, 9:33 pmABC NewsLong-Term US Budget Gap Threat to Borrowing, Economists SayBusinessWeekEconomists surveyed were unanimous in their view that the end of the Fed's program of purchasing mortgage-backed debt wou. […]
• Economic Mindset Won't Change; Depressionary Relapse May Be Coming - Seeking Alpha (blog) 03/07/2010, 2:42 am• Economic Mindset Won't Change; Depressionary Relapse May Be ComingSeeking Alpha (blog)Conclusion: Foreclosures should decrease if the mortgage reduction plan is put into effect and the mortgage st. […]
National Group Sets up Mortgage Reduction Workshop (News Channel 5 Nashville) 03/06/2010, 5:50 pmCan a national group really keep people from losing their homes? Neighborhood Assistance Corporation of America, NACA for short, claims it can. The group is in Nashville and offering help.
National Group Sets up Mortgage Reduction Workshop - NewsChannel5.com 03/06/2010, 5:44 pmNational Group Sets up Mortgage Reduction WorkshopNewsChannel5.comHundreds of counselors are available 24 hours each day to help homeowners find an affordable mortgage rate which could keep them from. […]