Mortgage and Financial News From 2008-2-12 Page 7

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• Homeowners might get 30-day reprieve (Colorado Springs Gazette)

  WASHINGTON - Homeowners threatened with foreclosure would in some instances get a 30-day reprieve under an initiative the Bush administration announced Tuesday.
  2008-02-12 10:16:11

• Administration announces program to help homeowners threatened with foreclosure (The Standard-Times)

  WASHINGTON — Homeowners threatened with foreclosure would in some instances get a 30-day reprieve under an initiative the Bush administration announced Tuesday. Critics attacked the proposal as far short of what is needed to resolve a serious...
  2008-02-12 10:16:55

• Tax increase to cover cost of Coliseum not unexpected for some (The Pantagraph)

  BLOOMINGTON — A tax increase to cover the construction cost of the U.S. Cellular Coliseum was not unexpected for those who opposed the project in the beginning. | VIDEO: Council votes for sales tax hike | Taxpayers taken for a ride? | Other expected increases
  2008-02-12 10:26:29

• Facing foreclosure? Here's help

  Grand Rapids Press - ... the same on Thursday when the forum comes to Walker where banks and other mortgage ... Call Attorney General's Office for more information, toll-free, (877) 765-8388. - For ... to be there to work with borrowers on existing loans or help others refinance out ...
  2008-02-12 03:07:00

• Delinquent homeowners offered rescue plan

  Miami Herald - ... of the third quarter of 2007, according to the most recent report by the Mortgage ... rising equity as home prices climbed, assuming they would be able to refinance or ... The Miami Herald is pleased to provide this opportunity to share information ...
  2008-02-12 12:58:00

• Early Effort to Fix Mess In Mortgages Falls Short

  Wall Street Journal - ... plan, brokered in December by the Treasury Department, called for the mortgage ... that if they make a call to their loan servicer and provide financial information ... They were unable to refinance because an appraisal found their house worth less ...
  2008-02-12 07:24:00

• Fitch Ratings Affirms DMARC, Series 1998-C1

  Forbes - Fitch Ratings has affirmed Deutsche Mortgage & Asset Receiving Corp.'s (DMARC ... The borrower is currently working to refinance the loan. The second largest ... For more information on Distressed Recovery ratings, see the full report ('Structured ...
  2008-02-12 02:31:00

• Northwest Bancorporation, Inc. Announces Fourth-Quarter Financial ...

  MSN MoneyCentral - Announces Fourth-Quarter Financial Information ... to see positive results from its mortgage department in 2007. The Bank provides construction lending to residential home builders, as well as home loans to individuals for the purchase or refinance of ...
  2008-02-12 03:00:00

• Taubman Centers Announces Strong 2007 Results - Earthtimes

  Taubman Centers Announces Strong 2007 ResultsEarthtimes, UK - 17 hours agoWe have only one asset to refinance for the remainder of the year (a $140 million mortgage at Fair Oaks in Fairfax, Va.), and no significant debt maturities ...
  2008-02-12 03:59:33

• Taubman Centers Announces Strong 2007 Results - FOXBusiness

  Taubman Centers Announces Strong 2007 ResultsFOXBusiness - 10 hours agoWe have only one asset to refinance for the remainder of the year (a $140 million mortgage at Fair Oaks in Fairfax, Va.), and no significant debt maturities ...
  2008-02-12 11:20:42

• Fitch Ratings Affirms DMARC, Series 1998-C1 - Earthtimes

  Fitch Ratings Affirms DMARC, Series 1998-C1Earthtimes, UK - 8 hours agoThe borrower is currently working to refinance the loan. The second largest specially serviced loan (1.2%) is an office property in Alton, IL. ...
  2008-02-12 01:34:33

• Northwest Bancorporation, Inc. Announces Fourth-Quarter Financial ... - Primenewswire (press release)

  Northwest Bancorporation, Inc. Announces Fourth-Quarter Financial ...Primenewswire (press release), CA - 7 hours agoThe Bank provides construction lending to residential home builders, as well as home loans to individuals for the purchase or refinance of residential ...
  2008-02-12 02:19:58

• US announces plan to delay foreclosures - Forbes

  US announces plan to delay foreclosuresForbes, NY - 7 hours agoHomeowners who had counted on being able to refinance their adjustable-rate mortgages before they reset to sharply higher rates have been caught in the ...
  2008-02-12 02:23:48

• Lenders form 'Project Lifeline' - Connecticut Post

  Lenders form 'Project Lifeline'Connecticut Post, CT - 1 hour agoTuesday, US Treasury Secretary Henry Paulson announced six of the nation's largest mortgage loan servicers have established another program, this one called ...
  2008-02-12 07:54:07

• American Capital Declares $1.01 Q1 2008 Dividend - PR Newswire (press release)

  American Capital Declares $1.01 Q1 2008 DividendPR Newswire (press release), NY - 25 minutes ago"Our senior loan syndications desk sold or refinanced $1.3 billion of senior paper since the start of the credit crunch at the end of the second quarter of ...
  2008-02-12 09:26:55

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