Aug
14

A right to live, and love
Cape Cod Times - They took out a second mortgage on their home in 1999 to buy a handicapped van and are considering a used replacement van for $26,000. Josh now works for capeAbilities in Orleans, a nonprofit employment service for people with disabilities, and is

The Jerk Premium
Slate - A typical entry chronicles the purchase price, tracks down the amount of debt on the property, and then calculates how much each party the buyer, the first mortgage holder, the second mortgage holder stands to lose assuming the seller receives

VALUE JUDGMENTS
Hampton Roads Daily Press - He took out a second mortgage on his home to give his beloved daughter a $28,000 wedding. Then the health problems came, and he ended up on our doorstep.” E-mail Janet Kidd Stewart at yourmoney@tribune.com. More articles Copyright 2007, Tribune Media

How to buy art like a master
Raleigh News & Observer - They may buy one print and one day wind up wanting more, if they had a good experience.” Here’s our guide to building a collection of original art for your home, without having to take out a second mortgage. Shopping: Choose your artists ONLY BUY WHAT

Aug
13

Doors slam - Lancaster Newspapers
Doors slamLancaster Newspapers, PA - Aug 11, 2007Another option that requires good credit, Angelo said, involves taking out a second mortgage, covering 15 percent of the home price, to avoid having to pay …

CBRC: No changes in property mortgage loan policy - China Daily
CBRC: No changes in property mortgage loan policyChina Daily, China - 6 hours agoSome property agents also said that their recent agency business on second-hand property loans had all been approved. "Some banks may impose restrictions on …

Terme Mortgage, Inc. Forms a Strategic Partnership with Vacation … - PR-GB.com (press release)
Terme Mortgage, Inc. Forms a Strategic Partnership with Vacation …PR-GB.com (press release), Bulgaria - 5 hours agoA Reverse Mortgage is an excellent financial product for making these Second Home Dreams happen or increasing their cash flow by using a Reverse Mortgage to …

STORM CLOUDS FOR BUILDERS - San Francisco Chronicle
STORM CLOUDS FOR BUILDERSSan Francisco Chronicle,  USA - 21 hours ago… the average buyer last year borrowed 91 percent of the home purchase price, with nearly half of these buyers taking out a simultaneous second mortgage. …

125% Home Equity Loans Now Close Concurrently with a 100% First … - PR Web (press release)
PR Web (press release)125% Home Equity Loans Now Close Concurrently with a 100% First …PR Web (press release), WA - 6 hours agoJoe Prussack who has been with BD Nationwide for the last five years, commented that refinancing second mortgage loans with a fixed interest rate is another …

Aug
12

Doors slam - Lancaster Newspapers
Doors slamLancaster Newspapers, PA - 9 hours agoAnother option that requires good credit, Angelo said, involves taking out a second mortgage, covering 15 percent of the home price, to avoid having to pay …

Redwood Trust second-quarter earnings suffer from mortgage-market shocks (North Bay Business Journal)
MILL VALLEY — Redwood Trust Inc. (NYSE: RWT), which invests in and securitizes residential and commercial mortgages, today reported its second-quarter earnings and was quick to emphasize that the bottom-line hit from the mortgage-market meltdown will not affect the company’s long-term viability.

Did Big Lenders Cross The Line? - BusinessWeek
Did Big Lenders Cross The Line?BusinessWeek - 1 hour agoBefore closing on her $147000 mortgage in July, 2006, which included a second loan for a 20% down payment, Lorna Reddy, a 38-year-old salesperson, …

Royal Consultants Provides Many New York Mortgage Options - IPR Wire (press release)
Royal Consultants Provides Many New York Mortgage OptionsIPR Wire (press release), CA - Aug 10, 2007Many homeowners find that a second mortgage is a great way to update their home or make major repairs. A second mortgage is also something that will allow …

Survey ranks M&T Mortgage in second place (The Buffalo News)
A national customer satisfaction survey ranked M&T Mortgage second in the country for loan servicing, but also found mortgage lenders overall are tightening the reins on customers who pay bills late.

American Mortgage Acceptance Company Reports Financial Results for … - Business Wire (press release)
American Mortgage Acceptance Company Reports Financial Results for …Business Wire (press release), CA - 12 hours agoNEW YORK–(BUSINESS WIRE)–American Mortgage Acceptance Company ( AMAC or the Company ) (AMEX:AMC) today announced financial results for the second …America First Apartment Investors, Inc. Announces Results for the … Business Wire (press release)all 2 news articles

Delta Financial slumps after mortgage lender postpones results (Market Watch)
SAN FRANCISCO (MarketWatch) — Delta Financial Corp. said on Wednesday that it has postponed its second-quarter earnings report, pushing the mortgage lender’s shares down 40%.

Survey ranks M&T Mortgage in second place - Buffalo News
Survey ranks M&T Mortgage in second placeBuffalo News,  United States - 9 hours agoBy Jonathan D. Epstein A national customer satisfaction survey ranked M&T Mortgage second in the country for loan servicing, but also found mortgage lenders …

Loan merry-go-round in the distressed 'burbs - Sydney Morning Herald
Sydney Morning HeraldLoan merry-go-round in the distressed 'burbsSydney Morning Herald, Australia - Aug 5, 2007The $200000 first mortgage had an interest rate of 8.8 per cent, and the court heard the $45000 second mortgage, arranged for a private client of Kremnizer, …

Gafisa Reports Strong Second Quarter Results - CNNMoney.com
Gafisa Reports Strong Second Quarter ResultsCNNMoney.com - 4 hours ago"Gafisa continues to introduce innovative mortgage products to the market, facilitating greater consumer access to financing. Blueprint Mortgage, launched …

Zero-down mortgage? Big lenders saying no - Seattle Times
Zero-down mortgage? Big lenders saying noSeattle Times, United States - 22 hours agoBut the second, smaller mortgage is risky for lenders. If Johnson loses his house, proceeds from its sale would go toward paying off the first mortgage. …Loan Standards Up As Defaults, Wall St. Hit Banks, Lenders CNNMoney.comHousing Market to Weaken Even Further Wall Street JournalHome loan rates on rise Baltimore SunReuters South Africa - Ottawa Citizen (subscription)all 28 news articles

CBRE Realty Finance, Inc. Announces Second Quarter 2007 Results - CNNMoney.com
CBRE Realty Finance, Inc. Announces Second Quarter 2007 ResultsCNNMoney.com - 2 hours agoDeutsche Bank, on which the Company has $14.3 million of outstanding debt secured by one first mortgage, has requested the Company refinance the one loan …Parkway Properties, Inc. Reports 2007 Second Quarter Results CNNMoney.comGMH Communities Trust Announces 2007 Second Quarter Results CNNMoney.comCedar Shopping Centers Announces Second Quarter 2007 Results CNNMoney.comall 44 news articles

American Home Mortgage files Chapter 11 (AP via Yahoo! News)
American Home Mortgage Investment Corp. filed for bankruptcy protection on Monday, the latest casualty of a mortgage industry that has plunged into distress.

Nick Young’s Story Arc: A Slam-Dunk
Washington Post - when this kid went right up to the edge of the cliff, leaned over the cliff, and didn’t fall, because the people around him wouldn’t let him fall,” says director Daniel Forer, a veteran broadcast TV sports producer who took out a second mortgage on

Nothing to gripe about: Sox made all right moves this time
Sun-Journal - For Theo Epstein to take out a second mortgage at this stage would have been so Brian Cashmanesque. If you carve out a seven-game lead with glaring holes in your starting rotation or without balance in your lineup, by all means, wheel and deal ’til

For Class of 2007, Scholarships Ease Pain of Rising College Costs
Washington Post - His mother, who lives in Sterling , surmised that she could move into a smaller apartment. His father considered taking out a second mortgage on his house in Fairfax . “My parents really supported me,” Young said. “They really wanted me to follow my

Family lives nightmare with flood damage
Portsmouth Herald - The family has had to assume a second mortgage, pay for rent and pay thousands more in engineering and attorney fees. The emotional strain has been just as bad. “We are just regular people trying to live in our home. We both work. It’s very, very hard

The Basics of Business Plans: Sell, Sell, Sell
Inc.com - Fred Gibbons recalls that when he decided to become a founder of Software Publishing Corp., in 1980, he was about to quit a fast-track job at Hewlett-Packard and take out a second mortgage on his house to help raise $50,000 of start-up funding. He

LOOMING IMPACT OF BUDGET IMPASSE
San Francisco Gate - In Los Angeles, the owner of an adult day care center is taking out a second mortgage. In the South Bay, the director of a health center that relies exclusively on Medi-Cal funding is seeking loans from wealthy residents of the community. In the

Aug
01

Second Mortgage Overview
Personal bankruptcy is a last resort - the effects of personal bankruptcy and how to avoid banruptcy Second mortgages have been around for years. However, the kinds of second mortgages

Second mortgages - Mortgage Strategies Group, LLC
About second mortgages. - FL Taking out a second mortgage on your home used to carry some stigma with it a sign that you were in

Second mortgages - EMPOWER MORTGAGE, L.L.C.
About second mortgages. - NY Taking out a second mortgage on your home used to carry some stigma with it a sign that you were

Lending Channel | Second Mortgage
Lending Channel is a Mortgage Banker and Broker that specializes in home purchase loans, refinances Some second mortgage loans may extend for as long as 15 or 20 years