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California Foreclosure Report Notes Big Lender Discounts In November
ForeclosureRadar today issued today its California Foreclosure Report which showed a total of 12,282 properties with a loan value of $4.91 Billion dollars sold at auction in November. In addition to a review of foreclosure stats and county rankings, the California Foreclosure Report notes a significant rise in lender discounts at the foreclosure auctions. This is an important precedent not only for investors, but for Realtors working to get short sale and REO offers approved. (PRWeb Dec 14, 2007)
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The buy-to-let conundrum
The woes of Paragon, the buy-to-let loan specialist, are likely to make mortgages for budding landlords more expensive. But it is far too early to call time on the sector as a whole, writes Paul Farrow.
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Rate cut costs homeowners £10m a month
Homebuyers are paying about £10m a month more than they need to in mortgage repayments because lenders are refusing to pass on the latest cut in interest rates.
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What are the benefits of a credit line? (CNN Money)
Dear FSB: Eight months ago, I started a security company selling closed-circuit television, access control and alarms. So far, I have not been able to secure any kinds of loans or major credit cards. A few of my friends who work in finance are constantly telling me to request a bank credit line. Im very much opposed to this. Other than flexible cash flow or availability of funds, what are the ...
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Work Media Lands Student Loan Financial Group Account
Work Media, a Nashville, TN, based Internet marketing firm, recently landed the online search account for Student Loan Financial Group (SLFG), a Maryland-based private supplier of student loans. The account was awarded to Work Media after a review that included some of the largest search engine marketing firms in the United States. (PRWeb Dec 6, 2007)
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Non-Profit Cooks up Online Fundraising Site with RealStores
Two new exciting enterprises provide the right mix of ingredients for meaningful and mouth-watering results. RealStores, a new, free online storefront, was approached by Band of Parents, a non-profit organization made up of families of children diagnosed with neuroblastoma, a deadly pediatric cancer. Their goal: to raise hundreds of thousands in research dollars to fund promising new treatments being developed at Memorial Sloan-Kettering Cancer Center by selling homemade cookies during the holiday season. Their window of opportunity: the next 30 days. (PRWeb Dec 6, 2007)
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Countrywide Wants to Help Dispel Home Buying Myths
It’s not hard to have questions about today’s real estate market -– especially if you’re the one considering purchasing your first home or making a move. With all the recent news reports about mortgage lending options, refinancing and interest rates, there is plenty of information floating around. To help provide some clarity, Countrywide Home Loans offers some tips from its nearly 40 years of experience. (PRWeb Dec 6, 2007)
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