2008-10-13 04:38:00

Local housing markets buck national trendHerald Zeitung, TX - Oct 11, 2008That’s thanks in large part, according to Hunt, to the state’s refusal to allow full-price equity lending. Texas made home equity loans legal in 1997. ....

2008-10-13 04:38:00

Spanish Bank Said to Be Close to Buying Sovereign BancorpNew York Times, United States - 3 hours agoSovereign, a savings and loan, has been hobbled by bad mortgages during the housing slump. As banks brace to report a new wave of losses in the third ....

2008-10-13 04:38:00

Industry SnapshotInvestor's Business Daily (subscription) - Oct 10, 2008The small- and midcap bank stocks that have performed well have had little or no credit quality problems, and equity ratios and loan-to-deposit ratios are ....

2008-10-13 04:38:00

New lender rules on 'buy-and-bail' to help, and hurtSan Diego Union Tribune, United States - Oct 11, 200819 imposing a new “means test” for getting an FHA-insured loan. “Although the property being vacated will not have a mortgage insured by FHA, ....

2008-10-13 04:38:00

Cost increases on 'jumbo' loans for more expensive housesChicago Daily Herald, IL - Oct 10, 2008According to Lewis, between 2002 and 2007 "people bought houses they couldn't afford and others refinanced, taking equity out of their houses in order to ....

2008-10-13 04:38:00

Toyota Texas Workers Scrub Graffiti as Factory Idles (Update3)Bloomberg - Oct 7, 2008Detroit-based GMAC LLC, formerly GM's own auto-loan unit, is rated B3 by Moody's Investors Service, six levels below investment grade. ....

2008-10-13 04:38:00

Many pieces go flying from mortgage implosionDallas Morning News, TX - Oct 5, 2008Lenders were giving $15000 or $20000 lines of credit that would be covered by a home equity loan at the same time they did a refinance, and the buyer didn't ....

2008-10-13 04:38:00

Nova loan officer answers the questions about housing, credit crisisInside Tucson Business, AZ - Oct 10, 2008The start of the housing boom came shortly after the collapse of the equity markets and recession in 2001. This boom was ignited by loan products designed ....

2008-10-13 04:38:00

Energy Future Holdings looking to the challenges aheadFort Worth Star Telegram, TX - 21 hours ago29, the company has dealt with a sharp run-up and then decline in natural gas prices; record electricity rates in Texas this summer that helped drive five ....

2008-10-13 04:38:00

Housing Pain Gauge: Nearly 1 in 6 Owners 'Under Water'Wall Street Journal - Oct 7, 2008Many who bought then made small down payments or none, so they had little equity in their homes from the start. The performance of loans made earlier is ....