Mortgage and Financial News From 2007-9-7 Page 6

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• Jumbo loan woes hitting brokers

  Boston Business Journal - Some of the change may come as a result of single-broker firms joining with larger firms and choosing not to renew their license, Sushil Tuli, CEO of Leader Mortgage Co. , said. Others say these numbers reflect the exodus of firms that recently ...
  2007-09-07 11:43:00

• Start with a small house and pay off the mortgage

  National Post - Half of Canada's mortgage holders are in VRMs while the rest are locked in to fixed terms, says Neil Glasberg, president and CEO of mortgage broker In-vis Inc. One of five tips Glasberg lists in a release is to "consider locking in your rate for a ...
  2007-09-06 05:46:00

• Stanford Mortgage merges with Guarantee Mortgage

  Palo Alto Online - But by the time she returned from vacation in early August, ABC Mortgage, the 10th largest mortgage broker in the United States, had filed for bankruptcy. "I knew I had to do something before something bad happened to us. ...I don't want to be the ...
  2007-09-05 03:13:00

• Mortgage broker fined by regulator

  Birmingham Post - A mortgage broker was fined today for selling insurance that customers might never have been able to claim on and for encouraging people to remortgage even if it meant incurring high fees. City watchdog the Financial Services Authority (FSA) fined ...
  2007-09-06 05:46:00

• City bonus fears hit prime market

  Financial Times - Ian Gray, sales director at Clegg Gifford Private Clients, a high-end mortgage broker, said some clients had shelved plans to buy property until they had a clearer idea of what bonuses they would get. “We have had seen larger City clients who were ...
  2007-09-07 12:40:00

• Closing the deal

  CNN Money - Now call your mortgage broker or lender and move quickly to agree on terms, if you have not already done so. This is when you decide whether to go with the fixed rate or adjustable rate mortgage and whether to pay points (see "Picking a team ...
  2007-09-07 11:57:00

• Seth Asher, MyLoanMarket.com Founder and CEO Interviews About Mortgage Mayhem on NPR's Marketplace by Kai Ryssdal, KTLA ... (PR Newswire via Yahoo! Finance)

  MyLoanMarket.com's CEO, Seth Asher, is featured in interviews with national and local news outlets, in broadcasts, televised reports, and written articles concerning our nation's mortgage meltdown.
  2007-09-07 08:00:00

• Local man indicted for mortgage fraud (BizJournals)

  The crackdown on mortgage fraud in Central Ohio has led to the indictment of a Reynoldsburg man who allegedly defrauded an 81-year-old Columbus resident.
  2007-09-07 11:44:55

• Sub Prime Risk Grows As World Leverages Up

  Business Ledger - A couple of weeks ago, another large sub prime mortgage lender, American Home Mortgage Investors, said it could no longer fund ... My advice to you would be to use the trees and their leaves in particular, as a signal to the coming direction of stock ...
  2007-09-07 12:12:00

• RBC Centura acquires Alabama National BanCorporation

  Forbes - RBC Centura offers a wide range of financial services and advice, including a complete line of banking, investment, loan, mortgage, life insurance, and other services, to individuals, businesses and public institutions throughout the Southeast. RBC ...
  2007-09-06 05:18:00

• Asian markets trading mixed; Nikkei drags

  Economic Times - ... should put a portion of their money into foreign stocks as a way of balancing the US market. The theory behind that advice ... Worsening subprime mortgage crisis took its toll on the Asian markets which slipped for a third consecutive day with Japan's ...
  2007-09-07 12:37:00

• Rules limit moving 401(k) money into a Roth IRA

  Chicago Tribune - Few, if any, investment professionals seem to offer any risk/benefit advice on tax-free bonds. Being risk averse, I have no ... And because you did not seek out mortgage-related bonds specifically, your overall risk in generalized bond categories ...
  2007-09-07 12:40:00

• Housing market in for worse?

  Milwaukee Journal Sentinel - Advice is available at the Mortgage Bankers Association's Web site, www.mbaa.org (click on home loan learning center, then "Your Finances.") Free counseling is available on the toll-free telephone line (888) 995-4673 staffed by the Homeownership ...
  2007-09-05 05:58:00

• Welcome to the Money site

  Guardian Unlimited - ... investments, savings and mortgage, as well as helping you reduce the burden of debt. The new Utilities calculator allows you to compare gas, electricity and duel fuel tariffs to see who offers the best deal. Experts If you're after specific advice on a ...
  2007-09-07 12:40:00

• Savings tips all adding up

  Chicago Tribune - Readers offer advice on cutting spending, putting more away Humberto Cruz, a columnist for Tribune Media Services ... In particular, buying a smaller house than the bank or mortgage company says you can afford "ripples through your finances so ...
  2007-09-07 12:40:00

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