Fed poised to cut rates; may take a break after that - Los Angeles Times
WASHINGTON — The Federal Reserve is poised to deliver another interest rate cut to millions of people and businesses this week, although that could be the last break they get for a while. Fed Chairman Ben Bernanke and his colleagues open a two-day
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Wachovia cuts unused home equity lines of credit - MarketWatch
Wachovia cuts unused home equity lines of creditMarketWatch - Apr 14, 2008By Alistair Barr, MarketWatch SAN FRANCISCO (MarketWatch) — Wachovia Corp. said on Monday that it's limiting homeowners' ability to tap home equity lines …
Your Money Paying for College Without the Home Equity Option - New York Times
New York TimesYour Money Paying for College Without the Home Equity OptionNew York Times, United States - Apr 19, 2008On top of which, the continued turmoil in real estate has meant that home equity a source of security for many families and a fallback for college funds …
Homeowner can’t get in or out of frozen home equity line of credit (Seattle Times)
Q: I opened a home equity line of credit (HELOC) last June, which cost me $2,000 in fees. I made all my payments on time and have a zero…
Habitat dedicates another home (Coeur d’Alene Press)
COEUR d’ALENE — Leo Britton smiled proudly as he was handed the jingling ring of house keys that would unlock the doors of his new home.
Wells Fargo's home-equity portfolio, capital trends to drive … - CNNMoney.com
Wells Fargo's home-equity portfolio, capital trends to drive …CNNMoney.com - Apr 18, 2008… its peers but added that key rating drivers still center on the credit performance of its $83.68 billion home-equity portfolio and its capital trends. …
Cursing the loss of purchasing power - Asia Times Online
Cursing the loss of purchasing powerAsia Times Online, Hong Kong - 18 hours agoAnd they should worry, as, "In December, 5.7% of home equity lines of credit were delinquent or in default, up from 4.5% in 2006, according to Moody's …
WaMu cites housing woes for $1.1B loss - CNNMoney.com
Washington PostWaMu cites housing woes for $1.1B lossCNNMoney.com - 6 hours agoFacing further deterioration in the company's home equity and home loan portfolios as well as rising delinquencies, WaMu said it was forced to set aside …WaMu Closes $7 Billion Equity Issuance, Strengthening Capital Position Ad-Hoc-News (Pressemitteilung)Blood On The Floor At WaMu ForbesWhere WaMu went wrong Seattle TimesRTT News - Forbesall 239 news articles
Renter accused of trying to get home equity loan - Los Angeles Daily News
Renter accused of trying to get home equity loanLos Angeles Daily News, CA - 20 hours agoBy Brandon Lowrey, Staff Writer VALLEY VILLAGE - A man who allegedly tried to take out a $500000 equity line of credit on a home he was renting was caught …
Sure Hope You Weren t Banking On That Home Equity Line Of Credit … - NuWire Investor
Sure Hope You Weren t Banking On That Home Equity Line Of Credit …NuWire Investor, WA - 12 hours agoMany people have set up a home equity line of credit (HELOC) to use in case of emergency or as a cash flow buffer for their businesses. …
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To Preserve Home Equity - Wall Street Journal
To Preserve Home EquityWall Street Journal - 20 hours agoWith falling house prices in the news every day, many homeowners are asking: What's the best way to preserve my home's equity? Unfortunately, unless you can …
Home-equity lines may shrink or even disappear (Richmond Times-Dispatch)
For homeowners, it’s time to seek new financial shelter. In recent years, homeowners have used their dwellings to obtain billions of dollars in extra cash through home-equity products. But plummeting real estate prices have forced lenders to trim, and sometimes freeze, home-equity lines of credit, known as HELOCs. Lenders also are offering fewer home-equity loans.
In brief: Girl Scouts hire marketing officer; lenders freezing … - Kansas City Star
In brief: Girl Scouts hire marketing officer; lenders freezing …Kansas City Star, MO - Apr 5, 2008Plummeting real estate prices have forced lenders to trim, and sometimes freeze, home equity lines of credit. Lenders are also offering fewer home equity …
SWBC is helping more credit unions break into home equity lending - Bizjournals.com
SWBC is helping more credit unions break into home equity lendingBizjournals.com, NC - Apr 8, 2008SWBC officials have created a new comprehensive home equity lending platform that credit unions can use to order mortgage services. …
Habit-Forming: Borrowers Keep Piling On Debt - Wall Street Journal
Habit-Forming: Borrowers Keep Piling On DebtWall Street Journal - 14 hours agoAverage balances on credit cards and home-equity lines of credit are growing rapidly, rising 9.5% and 8.1%, respectively, in the first quarter from a year …
Equity Repositioning: Demystifying Home Equity Options for Americans - Business Wire (press release)
Equity Repositioning: Demystifying Home Equity Options for AmericansBusiness Wire (press release), CA - 15 hours ago Moves home equity into high-quality portfolios aimed at earning an average rate of return greater than the cost to borrow on current home mortgage. …
Commentary: Consumers may be riding on a different debt highway - MarketWatch
Commentary: Consumers may be riding on a different debt highwayMarketWatch - Apr 6, 2008Driving all of this, however, would appear to be the most obvious culprit of all: the demise of home equity as an ATM, which Kasriel has long cited as …
Ground broken on new Habitat for Humanity home (13 News, WVEC Hampton Roads)
HAMPTON — Monday, Habitat for Humanity broke ground on a new home, and nothing could dampen the spirits in Hampton. About a month ago, single mother Lashonda Pettaway learned she was the winner of a Habitat home.
Understanding equity relocation - News 8 Austin
Understanding equity relocationNews 8 Austin, TX - 7 hours agoMy recent investigation shows me that home equity loans are somewhere around seven and one half percent. In an equity indexed annuity, the interest credit …
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