Archive for April, 2008
Pros and Cons of Applying for a Mortgage Online
Tuesday, April 29th, 2008Applying for a mortgage online has its advantages and disadvantages, but the overall process is essentially the same as applying in person. To learn more about the pros and cons of online mortgage app…
Original post by default@goarticles.com (Ben Horne)
Pimco’s Gross Warns that Further U.S. Housing Declines Could Be “Ruinous”
Tuesday, April 29th, 2008Housing price declines remain the greatest challenge to financial
markets and could prompt a deep recession, according to
Pimco’s Bill Gross.
“Home prices which have fallen by 10% over the past 12 months and are
set for a repeat by this time in 2009. Lower Fed Funds? They would, in
Pimco’s opinion, likely do more damage than…
Original post by Darin
Analyst Actions: Merck, Covance, Intevac
Tuesday, April 29th, 2008S&P Picks and Pans: Countrywide, Energizer, Genentech, Corning, Take-Two, Merck
Tuesday, April 29th, 2008Movers: Mastercard, Visa, Merck, Energizer, Gildan Activewear
Tuesday, April 29th, 2008What Can a Reverse Mortgage Be Used For?
Tuesday, April 29th, 2008A relatively new financial product is available to seniors that could make their lives a lot more pleasurable. A reverse mortgage is a way to release equity in your property and turn it into cash. T…
Original post by default@goarticles.com (Paul Elms)
Reverse Mortgage or Selling Your Home: Which is Best?
Tuesday, April 29th, 2008Many seniors are realizing that they are not going to be as comfortable in retirement as they thought they would be. Rather than being able to relax in their autumn years, they have to face the rathe…
Original post by default@goarticles.com (Paul Elms)
Another Loss for Countrywide as Bank of America Plans for Future
Tuesday, April 29th, 2008Countrywide Financial Corporation logged in on
Tuesday with its third consecutive quarterly loss due to a sharp increase
it its provision for loan losses.
On Tuesday the Nashville Business Journal reported that Bank of
America is planning to modify or otherwise work out some
265,000 Countrywide loans, allowing those customers to stay in their
homes.
The troubled loans that Bank of America has targeted for workout…
Original post by Darin
Cheque Book Mortgage Eliminates the Cheque Redundancy
Tuesday, April 29th, 2008Cheque books seemed to subtly evaporate out of the UK transaction culture, until recently, when the Cheque Book Mortgage revolutionized the dealing terms. A cheque book mortgage, also referred to as t…
Original post by default@goarticles.com (Hayley Woodvine)