Archive for March, 2010
Colleges Add Stadium Seats With Sports Mortgages
Colleges, such as the University of Kansas, are trying to take advantage of the latest innovation in stadium funding by offering sports mortgages.
Colleges add stadium seats with ’sports mortgages’
Loyal sports fans tired of steady increases in season ticket costs may soon be able to buy their prized seats with payment plans similar to home mortgages or car loans.
Business Bullet: Vodafone, Irish banks, Mortgages, TV debate
The latest news on: Vodafone, Irish banks, Mortgages, TV debate
Post Office to offer ’super-size’ mortgages to first-time buyers with only a 10% deposit
Under the radical plan, Britain’s struggling network will hand out mortgages to young people with little savings, raising fears that they will be left exposed to a negative equity nightmare.
Prez plans relief for mortgages
In its latest effort to stem rising unemployment and falling home sales, the Obama administration unveiled plans yesterday for making mortgages more affordable for financially strapped homeowners. Part of the administration’s existing Home Affordable Modification Program, the new effort “will better assist responsible homeowners who have been affected by…
Second mortgages complicate efforts to help homeowners
As government regulators and lenders work to stabilize the housing market, one of the factors that helped propel the housing boom of the past decade is now taking a central role in thwarting their efforts: second mortgages.
Some underwater mortgages to get loan aid
The Obama administration will announce Friday a plan to reduce the amount some troubled borrowers owe on their home loans, after months of criticism that it hasn’t done enough to prevent foreclosures.
Some underwater mortgages to get loan aid
The Obama administration will announce Friday a plan to reduce the amount some troubled borrowers owe on their home loans, after months of criticism that it hasn’t done enough to prevent foreclosures. The plan will let people who owe more on their mortgages than their properties are worth get new loans backed by the Federal Housing Administration, people briefed on the plan said. It would be …
Some underwater mortgages to get loan aid
The Obama administration will announce Friday a plan to reduce the amount some troubled borrowers owe on their home loans, after months of criticism that it hasn’t done enough to prevent foreclosures. The plan will let people who owe more on their mortgages than their properties are worth get new loans backed by the Federal Housing Administration, people briefed on the plan said. It would be …
Underwater mortgages drain equity, dampen retirement
More than 11.3 million homes nationwide are now worth less than the mortgages on them, leaving homeowners with few options and no safety net.
