Countrywide must pay back $12 million (The News & Observer)
Mortgage lender Countrywide Financial Corp. will refund $11.5 million to 4,800 N.C. homeowners under a settlement with the state banking commissioner announced Thursday.
Realty Q&A: Long fixed-rate term on ARM gives homeowner time to plan (Market Watch)
I have a mortgage that is 12 months into the loan. The mortgage is an interest only jumbo, 6.5% fixed for 10 years, then it is adjustable for the next 20 years. I have been paying on time and my credit score is 820. Do you think I can get the bank to agree to give me a new loan fixed for 30 years with interest and principal?
Countrywide will refund millions in N.C. (The Charlotte Observer)
(By Christina Rexrode, crexrode@charlotteobserver.com) Mortgage lender Countrywide Financial Corp. will refund $11.5 million to 4,800 N.C. homeowners under a settlement with the state banking commissioner, the commissioner's office announced Thursday. The bank commissioner's office says that Countrywide levied unspecified “illegal charges” on those homeowners, most of whom were borrowing for a ...
It's hard, but be patient with 401(k) (The Record)
Q. With the current state of the economy and declines in the stock markets, I've been getting some panicky questions from my employees about our 401(k) plan. They're worried about everything. What should I tell them?
Countrywide to refund 4,800 N.C. homeowners (The Charlotte Observer)
(By Christina Rexrode, crexrode@charlotteobserver.com) Mortgage lender Countrywide Financial Corp. will refund $11.5 million to 4,800 N.C. homeowners under a settlement with the state banking commissioner, the commissioner's office announced today. The bank commissioner's office says that Countrywide levied “illegal charges” on those homeowners, most of whom were borrowing for a first ...
How low prices can hurt you (MSN Money Canada)
Sure, you can celebrate getting a Christmas bargain or paying less on gas. But experts fear those price cuts could be the start of a deflationary spiral. That's a very bad thing.
Hurst man who has cancer won't lose his house for now (Fort Worth Star-Telegram)
A Hurst man fighting foreclosure at the same time he is fighting cancer may get to keep his house — at least for now.
Mortgage inquiries on the rise as rates drop (KTUU Anchorage)
While mortgage rates have dropped and applications are flooding in, lenders are more wary. The low rates will only benefit those who meet stricter standards.
Developer looks to sell parking spaces at Route 59 station (The Fox Valley Villages Sun)
Nobody told Ahmed Amer and his wife Michelle about the parking situation at the Metra commuter stations.
GJ Family left homeless after contractor skips town (KJCT 8 Grand Junction)
GRAND JUNCTION (KJCT) - A Grand Junction family remains homeless after the contractor they hired to remodel their home...quit halfway through the renovation. Luckily a family member in town has taken them in.
