Australia home loans dive, belie strength elsewhere

calendar March 10, 2010

SYDNEY: Australian home loans fell the most in nearly eight years in January, hit by the scaling back of government grants to buyers and higher mortgage rates, suggesting past increases in interest ra…

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Call to reform Home Choice Loan scheme

calendar March 10, 2010

THE Government must abandon or reform the €500 million Home Choice Loan scheme as it is unrealistic, according to brokers.

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U.S. indicts Md. man in mortgage fraud

calendar March 10, 2010

GREENBELT, Md., March 9 — Authorities Tuesday arrested a Maryland man in what the Department of Justice called a massive mortgage fraud scheme that left victims homeless.

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Lights out on home-energy loan bill

calendar March 10, 2010

Application denied. Salt Lake County won’t get the chance to lend thousands of dollars in low-interest loans to homeowners who want to replace drafty windows, upgrade a furnace or put solar panels on the roof.

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Owner of Legacy Lending pleads guilty in $20 million mortgage scam

calendar March 10, 2010

On March 2, in federal court in St.

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Australian Home-Loan Approvals Fall Most in Decade

calendar March 10, 2010

March 10 — Australian home-loan approvals unexpectedly fell in January by the most in almost a decade after central bank Governor Glenn Stevens raised borrowing costs and the government cut assistance to first-time buyers.

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Bank Sued for Seizing Pa. Woman’s Home and Parrot

calendar March 10, 2010

Bank of America sued for mistakingly repossessing Pittsburgh-area woman’s home _ and parrot Repossession – Business – Mortgage – Financial Services – Loan

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Australian Home-Loan Approvals Unexpectedly Fall 7.9%

calendar March 10, 2010

March 10 — Australian home-loan approvals unexpectedly fell in January for a fourth straight month after central bank Governor Glenn Stevens raised borrowing costs and the government cut grants to first-time buyers.

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Demand for home loans slumps

calendar March 10, 2010

Demand for new home loans slumped nearly eight per cent in January against the backdrop of rising interest rates and the end of the federal government’s more generous first homebuyers grant.

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Loan modification terms can be tough for those few who get them

calendar March 10, 2010

Balloon payments can wreck the deal For William and Lida Negron, their lender’s decision to modify their mortgage seemed to be the key to holding on to their home.

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