Mortgage and Financial News From 2007-12-18 Page 10

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• Cardtronics Announces ATM Branding Deal With Webster Bank

  MSN MoneyCentral - With $16.8 billion in assets, Webster provides business and consumer banking, mortgage, insurance, financial planning, trust and investment services through 179 banking offices, 339 ATMs, telephone banking and the Internet. Webster Bank owns the ...
  2007-12-18 05:22:00

• Fed Unveils Home Mortgage Proposal

  Philadelphia Inquirer - ... manufacturing base, stagnant population growth and low demand for housing, Michigan and Ohio rank No. 1 and 2 on mortgage ... forcing lenders to make sure that subprime borrowers set aside money to pay for taxes and insurance. ,barring lenders from ...
  2007-12-18 03:16:00

• Fed meets to discuss new mortgage protections

  Reuters - WASHINGTON (Reuters) - The Federal Reserve Board on Tuesday considered new protections for high-cost mortgage borrowers to ... will get details on their brokers' compensation and be billed monthly for annual charges like property tax and insurance. ...
  2007-12-18 01:21:00

• How to Get an Even Better Deal on a Home

  Street.Com - Thus, one of the advantages of MLS is a shorter time to sale, which translates into savings (on mortgage, taxes and insurance). "Realtors undoubtedly can offer value, saving sellers time and helping them through a stressful and sometimes difficult ...
  2007-12-18 03:16:00

• UPDATE 2-Paulson says US mortgage relief plan not a bailout

  Forbes - ... the proposal, U.S. lenders would have to determine borrowers can afford a mortgage before making the loan. In addition, borrowers will get details on their brokers' compensation and be billed monthly for annual charges like property tax and insurance ...
  2007-12-18 11:41:00

• Prudential Mortgage Capital Closes $80.3 Million Loan for Brookdale ...

  MSN MoneyCentral - Prudential Mortgage Capital Company announced today that it has closed a $80.3 million loan on behalf of its general ... Leveraging its heritage of life insurance and asset management expertise, Prudential is focused on helping individual and ...
  2007-12-18 12:03:00

• Money Market Rates Tumble; Central Banks Inject Funds (Update8)

  Bloomberg - Exclusive Worldwide Regions Markets Economy Politics Industries Consumer Energy Finance Health Care Insurance Real Estate Technology ... Central banks in the U.S., U.K., Canada, Switzerland and the euro region are responding to subprime mortgage-related losses ...
  2007-12-18 02:40:00

• Fed Statement on Mortgage Reform

  BusinessWeek - Creditors would have to establish escrow accounts for taxes and insurance. The rule would define "higher-priced mortgage loan" to capture loans in the subprime market but generally exclude loans in the prime market. A loan would be covered if it is a ...
  2007-12-18 01:43:00

• Congress Passes Mortgage Debt Relief to Help Strapped Borrowers

  Forbes - The legislation also includes an NAHB-supported provision that extends the deductibility of mortgage insurance for three more years. "By enabling mortgage insurance premium payments to be deducted, homeownership is made more affordable for thousands ...
  2007-12-18 03:16:00

• Congress Takes Important Step to Address Housing Crisis; Votes to ...

  Forbes - WASHINGTON , Dec . 18 /PRNewswire-USNewswire/ -- The U.S. House of Representatives today voted to help many troubled homeowners and potential homebuyers looking for an affordable mortgage, making mortgage insurance premiums tax deductible for all ...
  2007-12-18 02:40:00

• Congress Votes to Extend Federal Tax Deduction for Mortgage Insurance ...

  Forbes - WASHINGTON, Dec. 18 /PRNewswire/ -- Congress has extended the federal tax deduction allowing homeowners with low down payment mortgages to deduct the cost of their government or private mortgage insurance premiums for three more years. Qualified ...
  2007-12-18 02:40:00

• The PMI Group, Inc. Applauds Congressional Action to Extend Tax ...

  Forbes - PMI) applauds Congress for passage of new legislation extending a tax provision that enables low- to moderate-income homebuyers to deduct the cost of mortgage insurance premiums from their federal income tax returns until 2010. "This legislation has ...
  2007-12-18 03:02:00

• Congress Votes to Extend Federal Tax Deduction for Mortgage Insurance Premiums Through 2010 (PR Newswire via Yahoo! Finance)

  Congress has extended the
  2007-12-18 02:34:00

• Fed meets to discuss new mortgage protections (Reuters via Yahoo! News)

  The Federal Reserve Board on Tuesday considered new protections for high-cost mortgage borrowers to avoid a repeat of the loose lending standards that have put many Americans at risk of losing their homes.
  2007-12-18 08:06:52

• Fed proposes new mortgage protections (Reuters via Yahoo! News)

  The Federal Reserve Board on Tuesday proposed new protections for high-cost mortgage borrowers to avoid a repeat of the loose lending standards that have put many Americans at risk of losing their homes.
  2007-12-18 08:19:22

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