|
|||||||||||||||||||||||||||||
|
More Articles...
|
|||||||||||||||||||||||||||||
|
<< Start < Prev 1 2 3 4 5 6 Next > End >> |
|||||||||||||||||||||||||||||
| Page 1 of 6 | |||||||||||||||||||||||||||||
year tie to our community, we are here when you need us. You should get every tax advantage to which you are entitled and it is our business to help you get them. We have solutions for your personal and business tax needs.  Don't call a "here today, gone tomorrow" tax company, Call Kazwell!  In Port Charlotte call Jennifer and Kevin 
Kazwell for your tax needs at 941-625-0015
Dena Tribbett has been negotiating short sales, short refinances, and loan modifications since 2002. Are you experiencing mortgage issues. Are you facing possible foreclosure? Dena's expertise can assist you during this critical time. Are you on the fence about what you want to do about your mortgage situation? Dena can help you decide the best solution for your particular situation. For an appointment, call Kazwell! 941-625-0015
setup quick and provide ongoing support. For all your Quickbook needs, year-round accounting and tax solutions, call Kazwell, 941-625-0015.
End harassing phone calls from servicers. Stop late fees and get a lower principal balance. Jennifer Kazwell can help you gain control of your debts by negotiating new terms with your credit card companies. Do you need credit card relief? Call Kazwell at 941-625-0015 Kazwell Newsletter
Mortgage Calculator
Real Estate News
MortgageDaily.com News
-
Freddie Sued by Its Biggest Mortgage Insurer
A lawsuit has been filed against the Federal Home Loan Mortgage Corp. and its conservator-regulator by the secondary lender's biggest mortgage insurance counterparty. At issue is the interpretation of the maximum coverage for a pool of loans.
The lawsuit was filed in U.S. District Court for the Eastern District of Wisconsin.
In addition to Freddie Mac, the Federal Housing Finance Agency is named as a defendant.
-
MGIC Loosens Restricted Markets Requirements
Credit and debt-to-income ratio requirements have been eased in the country's most struggling real estate markets by Mortgage Guaranty Insurance Corp. The move is a result of market improvement.
Current guidelines require a minimum credit score of 720 in markets where restricted underwriting guidelines are in place.
The limitation applies to loans up to $625,500 that are secured by properties in Arizona, Florida and Nevada.
-
Record Mortgage Rates Poised for Another New Low
The good news is that fixed mortgage rates fell to the lowest levels on record and are already on their way to setting another new low -- with a sub-3 percent rate in site for the 15-year mortgage.
The bad news is that the stock market is on its way to the lowest point this year. There were no records set, however, for adjustable-rate products.
At 3.79 percent, the fixed-rate 30-year mortgage averaged less than at any other time since Freddie Mac started tracking rates in 1971.
-
Record Low for 10-Year Treasury Yield
Thanks to the sovereign debt crisis in Europe, the yield on the benchmark 10-year Treasury note fell to the lowest level on record.
The 10-year yield closed at 1.70 percent Thursday, according to data from the Department of the Treasury.
The yield sank 6 basis points from Wednesday.
-
Opposing Views on Principal Reduction
The various programs and proposals to reduce the principal loan balance on mortgages to deeply underwater borrowers would improve the equity position of some homeowners while leaving other seemingly similar borrowers with negative equity.
On the one hand, some argue, borrowers who haven't made their payments on time would benefit with a lower loan balance, while consumers who have struggled to maintain their mortgage payments would be left out in the cold. Such a moral hazard would incentivize homeowners to default on their loans in order to qualify for principal reduction.
On the other hand, advocates for writing down loan balances claim that it would help heal the housing market and boost the economy.