(Source: Mark Davis The Kansas City Star, Mo.) – The $25 billion deal to help foreclosed and struggling homeowners on Thursday ran smack into the reality of carrying out the enormous undertaking. Federal officials released pages of information, phone numbers and websites. State officials plotted public education sessions. Distressed homeowners phoned mortgage counselors. The massive …
Category Archive: Second Mortgage
Feb
21
Berkshire Hathaway Adds DirecTV, Liberty Media Shares
February 21, 2012, 8:33 AM EST (Corrects spelling of DirecTV in headline of story published on Feb. 14.) Feb. 14 (Bloomberg) — Berkshire Hathaway Inc. boosted its stake in DirecTV and added holdings of Liberty Media Corp. and DaVita Inc. after billionaire Warren Buffett hired stock picker Ted Weschler to help manage investments. Weschler oversaw …
Feb
21
Settlement for Faulty Foreclosure Practices May Affect Housing Market
The foreclosure process has been under attack for months now. We have all heard about the faulty practices many banks used that forced many homes to be foreclosed under erroneous conditions. To try to compensate homeowners for any irregularities, the government negotiated with five banks in an attempt to make amends for errors in the …
Feb
21
BofA Said to Put Off Refinancing Clients as U.S. Spurs Demand
February 14, 2012, 12:41 PM EST Feb. 7 (Bloomberg) — Bank of America Corp., facing increased demand for mortgage refinancing amid government efforts to help struggling homeowners, is telling some customers to wait 90 days, said two people with knowledge of the policy. The firm began a reservation system last week that asks people who …
Feb
21
Key Things In order to Know Every time Shopping For Car
Exceptional risk auto insurance might be a scary reality to get many people. Should are now for several accidents or needed a few types of number of visitors violations , then that you may come to be forced to acquire high risk coverage on a small in time. As the cost may be through a …
Feb
21
The Reporter: Bulletin Board
Published as part of the February 16, 2012 edition. Tweet Evergreen Park Dist. 124 Kindergarten registration will be from 1 to 7 p.m. Feb. 21 to 23 at Central Junior High School, 9400 Sawyer Ave., in the Multi-Purpose Room (door 5E). A Spanish-speaking interpreter will be available Feb. 21 from 4 to 7 p.m. and …
Feb
20
More say they are poor
The number of Maltese saying they are poor or are at risk of becoming poor is increasing, according to the latest data published in Brussels yesterday. The number of people earning less than 60 per cent of the national average income is on the rise According to a survey conducted by Eurostat in 2010, 15.5 …
Feb
20
Ask the Biz Brain: Should I refinance for 30 years or 15?
Q. I’m married, in my early 40s, and we plan to refinance. We have 26 years remaining on a 30-year fixed-rate mortgage. The balance is $274,000 at 5.75 percent, and monthly payments (PITI) are $2,500, but I pay $3,000 each month. We can refi with a 30-year (PITI would be $2,200) or a 15-year (PITI …
Feb
20
Police Report
Compiled from selected police activity reports. • Jan. 18: A driver was cited for not displaying a front license plate. • Jan. 19: A driver was cited for traveling 46 in a 35 miles per hour zone on Walnut Road. • Jan. 21: A Stewart Avenue man ignored a traffic control sign and nearly collided …









