Archive for May, 2009

Tax credit offered for 1st-time home buyers

Part of the current economic woes is attributable to a surplus of unsold houses.In an effort to encourage first-time home buyers, the American Recovery and Reinvestment Tax Act of 2009 has created a tax incentive.For purchases of homes between Jan. 1 and Nov


Faulty loan documents prompt MGIC to reject millions in claims

The nation’s largest mortgage insurer has rejected $334 million in claims since early 2008, contending the loan documents contained false or flimsy information.


David Beckham ends his loan spell with AC Milan with victory

His immediate future includes World Cup qualifying matches with England before his return to Galaxy in mid-July. Management changes for Milan makes the star’s future with that team a little uncertain. David Beckham’s Italian sojourn came to an end Sunday when he played the final game of his loan spell with AC Milan, a 2-0 victory over Fiorentina in Florence that secured a place in next season’s …


Nutritionist charged with mortgage fraud

The owner of a Silver Spring-based nutrition company has been charged with lying on mortgage applications to obtain nearly $600,000 in loans.


David Cameron ‘ready to repay suspect mortgage’

David Cameron ‘ready to repay suspect mortgage’


Cameron to face scrutiny panel over £22,000 mortgage payments

David Cameron promised last night to repay £22,000 of expenses if he is found by the Tory scutiny panel to have behaved unreasonably over his mortgage arrangements.


Cash-crisis for Scud as sky-high home loan bites

Paris, May 31 : One-time seven-million-dollar man Mark Philippoussis is being swarmed by private creditors after failing to pay the mortgage on his family home in Melbourne’s waterside Williamstown. The Australian admits not having enough money.


Seek loan extension before giving up home

Dear Debt Adviser, I am giving my house back to the bank. Can they go after my savings


Perdue’s big loan still a puzzle

Gov. Sonny Perdue says he has paid off a $21 million business loan but probably will borrow the money again.


Consumer loan rates

Springfield financial institutions quoted the following rates Friday for home equity, auto and boat loans. The home equity rate is based on a $10,000 loan or line of credit with applicable points included. Rates are variable unless otherwise noted.