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Latest No Equity Loan news:Midland Loan Services says Innkeepers' bankruptcy plan unfair
July 30 (Reuters) - Midland Loan Services Inc said bankrupt hotel chain Innkeepers USA Trust's reorganization plan gives preference to Lehman Brothers Holdings Inc over other secured creditors.
Read more News Source - Reuters via Yahoo! Asia News
Publish date - 19:01:58 07/30/10

Deutsche Bank Said to Market $350 Million Garrison CLO Boosting Returns
Deutsche Bank AG is arranging a $350 million collateralized loan obligation to refinance existing debt investments managed by Garrison Investment Group LP that would boost leverage and equity returns, according to people familiar with the negotiations.
Read more News Source - Bloomberg
Publish date - 23:48:38 07/29/10

The changes on FHA loans and how they will affect borrowers and sellers
Seller concessions What are they? Contributions that sellers kick in to help defray a buyer's costs. They can include closing costs, inspections, appraisals and free upgrades. What's changing? The FHA proposes slashing allowable seller concessions in half, capping them at 3 percent of the home pr... Federal Housing Administration - Business - United States - Mortgage - Financial Services
Read more News Source - Washington Post
Publish date - 12:01:14 07/31/10

Mitsubishi UFJ, Japanese Banks Beat Estimates as Bad Loans Fall
Mitsubishi UFJ Financial Group Inc., Japan’s biggest lender, led the nation’s banks in beating analysts’ profit estimates this week as bad loan costs fell and business confidence rose to a two-year high.
Read more News Source - BusinessWeek
Publish date - 23:30:22 07/30/10

Sibling rivalry over family home: No one wins
Q: Mom died a year ago, leaving the family home to my brother and me. I live in the house and would like to stay there, but my brother, who lives in California, wants to sell it and take his half of the proceeds.
Read more News Source - Washington Post
Publish date - 00:12:48 07/31/10

Federal Home Loan Bank of San Francisco Announces Second Quarter Operating Results
SAN FRANCISCO----The Federal Home Loan Bank of San Francisco today announced that its net income for the second quarter of 2010 was $29 million, compared with net income of $303 million for the second quarter of 2009.
Read more News Source - Business Wire via Yahoo! Finance
Publish date - 00:50:43 07/30/10

Realty Q&A: What to do with a reverse mortgage if you remarry
If a couple takes out a reverse loan, but then one spouse dies and the survivor remarries, it's time to give the lender a call. Even though reverse mortgages are nonrecourse loans, there are reasons to consider refinancing into a new loan.
Read more News Source - Market Watch
Publish date - 04:11:12 07/30/10

North Arkansas company buys Triton Boats
By Roby Brock Flippin-based Fishing Holdings has purchased Triton Boats in a private equity deal. Fishing Holdings, owned by Platinum Equity, manufactures Ranger and Stratos brand fishing boats in north Arkansas. The new acquisition, Triton Boats, holds an estimated 13 percent share of the U.S. fishing boat market. Triton Boats was founded in 1996 and is one of [...]
Read more News Source - Arkansas News Bureau
Publish date - 06:04:44 07/31/10

Chrysler profitable, no rush to IPO: CEO
Chrysler, the No. 3 U.S. automaker, would be profitable on a net basis if it were not for the interest costs of loans remaining from its bailout, the automaker's chief executive said on Friday.
Read more News Source - Reuters via Yahoo! News
Publish date - 18:31:36 07/30/10

Fixed mortgage rates keep falling
The average on a 30-year loan drops to 4.54%, while 15-year mortgages are down to 4%, Freddie Mac reports. This marks the sixth straight week of record lows. The Gershwin standard is "Nice Work If You Can Get It." The refrain in today's housing market would be: nice loans — if you can get them.
Read more News Source - Los Angeles Times
Publish date - 00:40:48 07/30/10

The changes on FHA loans and how they will affect borrowers and sellers
Seller concessions What are they? Contributions that sellers kick in to help defray a buyer's costs. They can include closing costs, inspections, appraisals and free upgrades. What's changing? The FHA proposes slashing allowable seller concessions in half, capping them at 3 percent of the home pr... Federal Housing Administration - United States - Business - Mortgage - Financial Services
Read more News Source - Washington Post
Publish date - 21:31:40 07/30/10

Sibling rivalry over family home: No one wins
Q: Mom died a year ago, leaving the family home to my brother and me. I live in the house and would like to stay there, but my brother, who lives in California, wants to sell it and take his half of the proceeds. Siblings - Disabled - Family Resources - Child - Sibling
Read more News Source - Washington Post
Publish date - 19:30:52 07/30/10

Equity Residential Reports Second Quarter 2010 Results
CHICAGO----Equity Residential today reported results for the quarter and six months ended June 30, 2010. All per share results are reported on a fully-diluted basis.
Read more News Source - Business Wire via Yahoo! Finance
Publish date - 20:42:15 07/28/10

Apartment rents hitting bottom
Scott R. McClave is a principal of transactions and finance for the Bascom Group, an Irvine-based investment firm that manages over 30,000 units of apartments in 10 states. McClave is involved with the acquisitions, financing, and dispositions of...
Read more News Source - Orange County Register
Publish date - 08:15:37 07/31/10

All-Time Low Mortgage Rates: Time To Refinance?
Interest rates keep dipping lower and lower. Find out what it takes to tip the scales toward a refinance.
Read more News Source - Forbes
Publish date - 13:05:40 07/30/10

Home Equity Cashouts Least in Decade
Americans in the 2nd quarter took out $8.3 billion in home equity, the smallest amount in a decade
Read more News Source - BusinessWeek
Publish date - 17:05:06 07/28/10

Terrorist’s Shelton house on auction block
SHELTON — The abandoned former home of terrorist Faisal Shahzad goes on the auction block today.
Read more News Source - The Middletown Press
Publish date - 14:21:13 07/31/10

Bank responds to 77-year-old’s foreclosure
We told you earlier today about the foreclosure sale planned for 77-year-old Gilma Gurdon’s Garden Grove home next month. Gurdon paid GMAC Mortgageas long as she could, but the well ran dry in December. Her son Louis — who is having his own...
Read more News Source - Orange County Register
Publish date - 22:11:34 07/30/10

UPDATE 1-Chrysler profitable, no rush to IPO -CEO
UPDATE 1-Chrysler profitable, no rush to IPO -CEO
Read more News Source - FOX Business
Publish date - 19:17:15 07/30/10


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