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Finance and Economy Archive
RISMEDIA, March 10, 2008-The delinquency rate for mortgage loans on one-to-four-unit residential properties stood at 5.82% of all loans outstanding in the fourth quarter of 2007 on a seasonally adjusted (SA) basis, up 23 basis points from the third quarter of 2007, and up 87 basis points from one year ...
RISMEDIA, March 6, 2008-The Mortgage Bankers Association (MBA) released its Weekly Mortgage Applications Survey for the week ending February 29, 2008. The Market Composite Index, a measure of mortgage loan application volume, was 684.9, an increase of 3.0% on a seasonally adjusted basis from 665.1 one week earlier. On an ...
RISMEDIA, March 6, 2008-(MCT)-With the economy in a nosedive, Americans are shedding unnecessary expenses, saving their cash and voting "no" to discretionary spending. ...
RISMEDIA, March 5, 2008-(MCT)-New York Gov. Eliot Spitzer plans to introduce a bill this week intended to help subprime borrowers statewide who are at risk of losing their homes. The bill would also establish further protection in the law to prevent a similar crisis in the future, according to a ...
RISMEDIA, March 5, 2008-(MCT)-State officials said Monday that a plan touted by Gov. Arnold Schwarzenegger to aid troubled homeowners helped more than 17,000 struggling borrowers in December and January. ...
RISMEDIA, March 4, 2008-(MCT)-The Internal Revenue Service has gone into myth-busting mode. Just weeks after Congress passed an economic stimulus package that includes so-called "rebate" payments for about 130 million taxpayers, rumors and misconceptions abound over who is eligible and how to get the money. ...
RISMEDIA, March 4, 2008-Mark Bilbrey, SVP & COO of the Central Title Group of Old Republic National Title Insurance Company, announced the acquisition of American-First Abstract Company effective this week. American-First has been owned and operated by the Harold Cox family since 1969. American-First, is located in Norman, Oklahoma and ...
RISMEDIA, March 4, 2008-Here are 10 suggestions to avoid foreclosure, both now and in the future. ...
RISMEDIA, Feb. 28, 2008-(MCT)-A sharp jump in wholesale inflation and $100-a-barrel oil prices combined Tuesday to heighten fears that inflationary pressures will drive up mortgage rates and deepen problems in a housing sector that's dragging down the economy. ...
RISMEDIA, Feb. 28, 2008-The Mortgage Bankers Association (MBA) released its Weekly Mortgage Applications Survey for the week ending February 22, 2008. The Market Composite Index, a measure of mortgage loan application volume, was 665.1, a decrease of 19.2% on a seasonally adjusted basis from 822.8 one week earlier. On an ...
RISMEDIA, Feb. 27, 2008-(MCT)-The success of the 2008 Economic Stimulus Act hinges on what people do with their rebate checks, Paducah tax preparer Ray McLennan says. ...
RISMEDIA, Feb. 27, 2008-(MCT)-Where's my rate cut? That's the question asked by many consumers expecting an immediate break on their credit cards in light of the Federal Reserve's short-term interest rate cuts. ...
RISMEDIA, Feb. 26, 2008-(MCT)-Few Americans relish the annual chore of preparing their tax returns. Two out of three taxpayers, including me, simply hand the job to a pro. But that still leaves more than 50 million do-it-yourself die-hards. ...
RISMEDIA, Feb. 26, 2008-(MCT)-Maybe you've heard the pitches about how rates are falling and you need to act now to take advantage of them. Or maybe you're dreading that pending jump in the rate on your adjustable-rate mortgage. Or maybe you feel you're sinking and aren't sure there's a way ...