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Updated: 43 weeks 5 days ago

Or stop the wars

Sat, 04/02/2011 - 19:55

Washington deficit-cutters are zeroing in on a tax benefit that has been asA politically untouchable as Social Security and crop loans: the mortgage interestA deduction.

Categories: Banking

Mortgage assistance snag: 'They're holding my life in their hands'

Sat, 04/02/2011 - 15:39

Home. It's a very important word to April Gaudenti. She helped build her home of the last 20 years in Dexter and is always looking for ways to fix up her place and three-acre property.

Categories: Banking

Former East Hampton Man Pleads Guilty to Tax Charges

Sat, 04/02/2011 - 11:30

A The husband of a woman who owns a dilapidated summer home on Lake Pocotopaug in East Hampton has pleaded guilty to tax charges stemming from his wife's alleged bank fraud scheme.

Categories: Banking

Mortgage Rates Rise a Fraction

Sat, 04/02/2011 - 07:20

Average interest rates for 30-year and 15-year mortgages rose in the week ending March 31, the U.S. Federal Home Loan Mortgage Corp.

Categories: Banking

Carmichael Woman Lost Money in Loan Mortgage Scheme

Sat, 04/02/2011 - 03:11

Arrest warrants were issued Wednesday for three men accused of preying on more than a dozen vulnerable borrowers facing foreclosure or unaffordable mortgage payments, including those in Carmichael and Fair Oaks.

Categories: Banking

Mortgage calculator help with your homebuying plans

Fri, 04/01/2011 - 23:11

HOME > MONEY > YOURMONEY > Mortgage calculator help with your homebuying plans At Halifax, we believe that getting onto - or making your way up - the property ladder can be a testing time.

Categories: Banking

Calculate your mortgage rates, using your phone

Fri, 04/01/2011 - 18:56

And guess what? It's free. The application from FreeScore.com is available on Apple's iPhone, iPad and iPod Touch and is billed by the outfit as being particularly useful for real estate professionals and new homebuyers.

Categories: Banking

Maryland gets $40M for mortgage help

Fri, 04/01/2011 - 14:42

A $40 million program that will provide "bridge loans" to homeowners in the state who are between jobs was approved Friday by the U.S. Department of Housing and Urban Development .

Categories: Banking

Do you have the right kind of retirement plan?

Fri, 04/01/2011 - 10:31

There are two common types of retirement plans, traditional and Roth. A In a traditional plan the plan contribution can be used for a deduction on that year's tax return.

Categories: Banking

Foreclosure negotiations held at Justice Dept

Wed, 03/30/2011 - 21:19

State attorneys general and federal officials held an all-day negotiating session Wednesday on the nation's foreclosure crisis with five of the nation's largest banks, seeking to resolve allegations of wrongdoing that law enforcement officials say have impacted millions of Americans facing foreclosure.

Categories: Banking

Fed turns down AIG offer to rebuy dodgy mortgage assets

Wed, 03/30/2011 - 21:19

The Federal Reserve Bank of New York has turned down an offer by American International Group to repurchase dodgy mortgage bonds that the Fed had taken off the insurance company's hands during the financial crisis.

Categories: Banking

Mortgage activity was down as interest rates rose from 4.8% to 4.92% for fixed rate mortgages.

Wed, 03/30/2011 - 21:19

The Mortgage Bankers Association said U.S. mortgage activity decreased in the week ending March 25, as long-term rates rose.

Categories: Banking

SEC proposes risk retention, pay consultancy rules

Wed, 03/30/2011 - 17:09

U.S. securities regulators proposed new rules on Wednesday designed to restore lending discipline, and to bolster the independence of compensation committees at public companies and the consultants who serve them.

Categories: Banking

Private sector adds more than 200,000 jobs

Wed, 03/30/2011 - 12:55

U.S. private employers added more than 200,000 jobs in March while planned layoffs fell, underscoring expectations that momentum in the labor market will help underpin the economic recovery.

Categories: Banking

Irish Life suspends shares in nationalization fear

Wed, 03/30/2011 - 08:50

Irish Life & Permanent withdrew its shares from Irish and British stock exchanges Wednesday amid speculation that the bank faces imminent nationalization.

Categories: Banking

Proposed settlement would force banks to allow short sales for delinquent homeowners

Wed, 03/30/2011 - 04:40

The proposed deal among banks and government officials is aimed at stabilizing the real estate market and helping underwater borrowers who are months behind on mortgage payments avoid foreclosure.

Categories: Banking

Minn. Real Estate Closer Fined $420K

Wed, 03/30/2011 - 03:41

The Minnesota Department of Commerce has ordered a Forest Lake real estate closer and insurance agent to pay a civil penalty of $420,000. The department says an investigation found that Cynthia Strand misappropriated $1.3 million in client funds for her own use.

Categories: Banking

What you need to know about money in the new economy

Tue, 03/29/2011 - 23:31

When your parents and grandparents were young adults -- or maybe when you yourself were -- managing money seemed simpler.

Categories: Banking

House votes to end mortgage reduction program

Tue, 03/29/2011 - 19:11

House Republicans pushed through legislation Tuesday to terminate an underachieving Obama administration program designed to reduce mortgage payments for homeowners in danger of losing their homes to foreclosure.

Categories: Banking

SBA opens mortgage refinancing to more firms

Tue, 03/29/2011 - 17:06

More businesses will now be able to refinance their commercial real estate mortgages through the Small Business Administration 504 loan program.

Categories: Banking
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