Homeowners lose out as banks refuse to pass on the latest cut - Times Online
Hundreds of thousands of borrowers will be denied the full benefit of yesterday?s cut in interest rates because many banks are refusing to pass on the whole one-point cut to all mortgage customers. Britain?s biggest mortgage bank, which received ...
www.business.timesonline.co.uk
Making 'short sale' may not help homeowners facing foreclosure - Arlington Heights Daily Herald
» Maiden name on title usually not a problem » Buyers should purchase title insurance » Associations can use liens to collect dues » In foreclosure, 'deed-in-lieu' best option » Scams rise in lock-step with foreclosures » Banks can't base loan ...
www.dailyherald.com
Haverhill council backs homeowners on classification vote Tax ... - Eagle-Tribune
HAVERHILL ? Homeowners won a slight break last night. The City Council, reversing its stance of two weeks ago, ended up unanimously going along with Mayor James Fiorentini's request to keep the tax classification formula as is. This means the ...
www.eagletribune.com
Kashkari: Treasury considering mortgage rate plan - Associated Press
WASHINGTON (AP) -- The head of the government's financial system rescue effort said Thursday the Treasury Department is considering a program to encourage banks to make mortgage loans at low rates to help revive the battered housing market. Under the ...
www.hosted.ap.org
Bernanke calls for more help to fix home mortgage crisis - Sacramento Bee
WASHINGTON ? Adding to a mounting chorus in the nation's capital that the Bush administration must do more to reverse the nationwide housing slump, Federal Reserve Chairman Ben Bernanke on Thursday spelled out several aggressive steps that ...
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Bernanke: Focus on preventing foreclosures - Philiy.com
WASHINGTON - Federal Reserve Chairman Ben S. Bernanke called on the government yesterday to ramp up efforts to stem soaring home foreclosures. Although a flurry of actions has been taken to ease the housing crisis, foreclosures remain "too high ...
www.philly.com
SEC's Cox: 'Exit strategy' needed - Reading Eagle
WASHINGTON - The top U.S. securities regulator said Thursday the government must start to build an "exit strategy" that includes taxpayer protections for its massive financial rescue plan. "Having got the government so deeply involved in so many ...
www.readingeagle.com
Bernanke urges U.S. to stem foreclosures - Raleigh News & Observer
Bernanke warned of threat from foreclosures. WASHINGTON - Federal Reserve Chairman Ben Bernanke called on the government Thursday to ramp up efforts to stem soaring home foreclosures, which are feeding into the country's deep economic troubles ...
www.newsobserver.com
British banks tentative on mortgage plan - The Money Times
London -- Several British banks Thursday contradicted the government's claim that they had endorsed Prime Minister Gordon Brown's mortgage rescue plan. The Treasury said Wednesday that eight major banks had thrown their support behind the plan, the ...
www.themoneytimes.com
Homeowners can receive grants - Abington Mariner
Some Chelmsford residents may soon be eligible to receive state money to pay for home improvement projects. As part of a regional $1 million grant for the Merrimack Valley Regional Housing Consortium, residents who meet income requirements can apply ...
www.wickedlocal.com