Archive for August, 2009
Streator Home Building and Loan closes on church property
Streator Home Building and Loan has closed on the former Grace United Methodist Church property in Streator. According to Ed Mollo, president of Streator Home Building and Loan, there are no official plans for the property at this time,
Bremerton Qualifies for Grant, Loan for Boardwalk Project
The City Council will consider whether to agree to taking out a loan for a project that is up in the air.
Interlibrary Loan Program Running Again
— After being down for several weeks, the state’s interlibrary loan program is back up and running.
Loan Changes Lag Foreclosures in Calif.
A survey of nonprofit mortgage counseling agencies in California suggests more homeowners are losing their homes to foreclosure than receiving loan modifications and other payment workarounds from lenders.
Making Home Affordable Program hasn’t helped enough, some say
When President Obama unveiled the Making Home Affordable Program in March, he said it would help “responsible folks who have been making their payments” reduce their monthly mortgage bills and avoid losing their homes to foreclosure.
Federal Home Loan Bank of San Francisco Releases July 2009 Cost of Funds Index
SAN FRANCISCO—-The Federal Home Loan Bank of San Francisco announced August 31, 2009, that the 11th District Monthly Weighted Average Cost of Funds Index for July 2009 is 1.473%.
State offers $500K loan to Limbach
The Ohio Department of Development is extending a $500,000 low-interest loan to mechanical contractor Limbach Co. LLC as it considers an expansion at its newly relocated Central Ohio office.
IRS Could Use Mortgage Data to Pursue Tax Evaders
The Internal Revenue Service should check Form 1098 mortgage interest statements to catch tax dodgers, recommended a new report.
Home Minister inaugurates Education Loan Campaign
Agencies Kanchipura, Aug 31: Students would be given a moratorium on interest for education loans taken from banks sanctioned during’ Education Loan Campaigns’, Union Home Minister P Chidambaram today said.
Heffernan Named A Senior Mortgage Loan Officer At Citizens Bank In Boston
Daniel P. Heffernan of Boston has joined Citizens Bank’s Boston office as a senior mortgage loan officer.
