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Banking Business Review
Aug 16
Comment
To originate a range of residential lending solutions, including fixed rate, variable rate, construction loans as well as home equity loans and lines of credit
Mondo Visione
Aug 6
Comment
The Financial Industry Regulatory Authority (FINRA) announced today that it has fined Ameritas Investment Corp., of Lincoln, NE, $100,000 and has suspended and fined one of its brokers for inducing customers to take on additional mortgage and/or...
www.thedailytradingrisk.blogspot.com
Aug 4
Comment
*Will we ever get the bank pullback?
Banks Urged to Consider Higher Home-Equity Reserves
Aug. 3 (Bloomberg) -- U.S. banks may need to boost reserves for potential losses on home-equity loans after the Federal Deposit Insurance Corp. issued...
Wall Street Journal
Jul 23
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The Federal Reserve proposed sweeping new consumer protections for mortgages and home equity loans.
MarketWatch
Jul 16
Comment
NEW YORK--(MarketWatch) - J.P. Morgan Chase & Co. said Thursday that its levels of past-due home equity loans are beginning to level off.
InvestorCentric
Jun 10
Comment
Many small business owners have had a rough time during this recession. Not only do they face lower sales but home equity loans, that were once a crutch against cash shortfalls, have become increasingly difficult to come by. Tim Iacono from The...
MarketWatch
Apr 10
Comment
Question: I have a two-year-old, 15-year cash-out refi in Texas. It’s now considered a home equity loan, at 6.5%. I am thinking that it does not make sense for me to refinance again at 5% to save $170 per month because I would have to pay two...
Financial Armageddon
Jun 10
Comment
Sometimes, the sayings of the past can sum up current circumstances fairly well. In trying to characterize developments since last year, for example, one adage that immediately comes to mind is: "When it rains, it pours." Another is an...
The Mess That Greenspan Made
May 4
Comment
With home price in parts of the country dropping by $100,000 per year or more, is $1,200 in rebates from the government going to make any difference?
The now-quickly-vanishing home equity was nearly as easy to spend as the checks that are now...
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