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Latest News:
Home equity is gone for many mortgage holders - Seattle Times

Home equity is gone for many mortgage holders
Seattle Times, United States - Nov 1, 2008
It also reveals that almost a quarter of all US mortgage holders are in danger of having no home equity EUR because they bought recently with little or no .
7.5 million homeowners underwater CNN
One in 8 borrowers in Minnesota owe more than home is worth; other . Bizjournals.com
Misery loves company: negative equity edition TIME
St. Louis Post-Dispatch - Irish Independent
all 459 news articles
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Strategy to protect home equity credit lines (San Francisco Chronicle)
Many homeowners who have taken out home equity lines of credit have learned in recent months that these loans are not as useful as they initially seemed. Lenders are struggling to minimize risk, and because they are especially at risk to lose money on...


Which method is best for you to eliminate credit card debtEURdebt .
Debt settlement can help eliminate credit card debt because, unlike home equity loans, you will not forfeit your home if you miss payments. There are some important things to know when it comes to debt settlement such as what will it ...


Federal Home Loan Bank of San Francisco Reports Third Quarter Operating Results (wallstreet:online AG)
The Federal Home Loan Bank of San Francisco today announced that its third quarter 2008 net income..


Debt Consolidation Home Equity Loans: A Possible Solution
Usually, the interest rates being charged by credit card companies are greater than that of most home equity loans. It is also true though, that if you are able to pay off credit card debt faster the total amount you have to pay may be ...


JPMorgan sees consumer loan defaults rising (Reuters via Yahoo! News)
JPMorgan Chase & Co said on Friday it expects consumer loan defaults to increase in the current quarter and sees higher loan loss provisions...


Letters to Home&Garden (San Francisco Chronicle)
Why should I pay for foolishness of the 'stupid and greedy'? Editor - At the risk of being stoned, my thoughts on coping are the following: I bought a home that was reasonably priced with a loan that I could afford. When the rates went down I refinanced -...


Federal Home Loan Bank of San Francisco Reports Third Quarter Operating Results (Business Wire via Yahoo! Finance)
SAN FRANCISCO----The Federal Home Loan Bank of San Francisco today announced that its third quarter 2008 net income fell $34 million, or 25%, to $101 million from $135 million in the third quarter of 2007...


UPDATE 2-JPMorgan sees consumer loan defaults rising - Reuters

Reuters

UPDATE 2-JPMorgan sees consumer loan defaults rising
Reuters - Nov 7, 2008
It warned that home equity loans and more risky mortgages made since 2006 make up a large chunk of its portfolio, and defaults are rising as home prices .
UPDATE 1-JPMorgan warns consumer debt charge-offs may rise Reuters UK
all 32 news articles
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Bailout bonanza - Indianapolis Star

Bailout bonanza
Indianapolis Star, United States - 6 hours ago
. the developer of the Metropolis shopping center in Plainfield defaulted on a $465000 home equity loan and a personal line of credit up to $19.5 million. .
..


No Income Verification Home Equity Loan
. to increase your chances of getting the best deal available to you. For more information on no income verification home equity loans, or to compare rates and programs of home equity loan lenders visit http://www.equityloansource.com...


Beware home equity credit freezesBy WAYNE HAVRELLY, kgw.com
Mortgage companies based in other parts of the country are not always fair when they freeze home equity loans in the Northwest according to realtor and attorney Holly Hummel. EURYour dealing with someone in another part of the country ...


Is Your Home Equity Line of Credit Safe? (TheStreet.com)
Your home equity line of credit may be frozen if the value of your house has fallen...


Why do People go for Home Equity Loan?
No Income Verification Home Equity Loans Author Levetta Rivera explains: A no income verification home equity loan is a second mortgage loan that does not require you to provide income documentation to qualify for the loan. ...


Being underwater in your home doesn't have to mean foreclosure (The Kansas City Star)
What does being EURunderwaterEUR in your house really mean? The number of underwater homeowners EUR those who owe more on their mortgages than their home is worth EUR has been growing sharply since 2006 as real-estate prices have tumbled. By some estimates, between one in six and one in eight homeowners are in that position, most of them people who bought homes in the past few years or who put down ...


Being underwater in your home doesnt have to mean foreclosure - Kansas City Star

Being underwater in your home doesnt have to mean foreclosure
Kansas City Star, MO - 9 hours ago
If you have a low-interest fixed-rate loan, you have a valuable asset that might be hard to replace in the current market, no matter what your homes value .
..


Consumer loan defaults may rise - Economic Times

Consumer loan defaults may rise
Economic Times, India - 4 hours ago
JPMorgan has more than $395 billion in consumer loans, with the largest chunk in home equity loans. Mortgages, credit cards and auto loans are also in the .
..


Five Home-buying Myths (Today's News-Herald)
(ARA) - As first-time homebuyers grow curious about the home-buying process, they often turn to friends and family for advice about purchasing a home. While these sources can provide useful tips and information, they also may perpetuate some common home-buying myths...


Reaping Financial Rewards - Bad Credit Home Equity Loans
Thus careful introspection is recommended in relation to bad credit home equity loans. A key word that might be encountered by you is home equity line of credit. It is categorized as the kind of home equity loan. A HELOC or home equity ...