HELOC News
- What to do if your home equity line is frozen Thursday, November 20, 2008 @ 12:50PMDo you have a home equity line of credit (HELOC) that’s gone cold, as in frozen? If so you’re not alone. According to Consumer Reports this year hundreds of thousands of home-equity lines of credit have been reduced or completely frozen by lenders.
- TSX drops 700 points; lowest level since 2003 Thursday, November 20, 2008 @ 11:27AMThe Toronto stock market fell more than 765 points to 7,724.76 on Thursday, plummeting to its lowest level in half a decade during an afternoon of rollercoaster trading.
- Syncora Holdings Ltd. Announces Third Quarter 2008 Results Monday, November 17, 2008 @ 4:15PM Syncora Holdings Ltd. today announced results for the three- and nine-month periods ended September 30, 2008.
- ID Thieves Are Targeting Home Equity Lines Monday, November 17, 2008 @ 10:23AMWith identity theft on the rise, scammers are targeting homeowners with substantial equity in their homes.
- RAM Holdings Ltd. Announces Third Quarter Net Loss of $40.4 Million Monday, November 17, 2008 @ 7:31AM HAMILTON, Bermuda----RAM Holdings Ltd. today reported a third quarter 2008 net loss of $40.4 million, or net loss of $1.48 per diluted share. This compares to a net loss of $14.7 million, or $0.54 per diluted share, for the third quarter 2007.
- by Tisa Silver Monday, November 17, 2008 @ 3:08AMHow Do Interest Rate Cuts Affect Consumers? ( Contact Author | Biography ) The Federal Open Market Committee (FOMC) meets regularly to decide what, if anything, to do with short-term interest rates.
- ID thieves target home equity lines Friday, November 14, 2008 @ 5:52AMHave you checked your home equity line of credit lately? If not, you probably should.
- ID thieves are targeting home equity lines Friday, November 14, 2008 @ 5:00AM With identity theft on the rise, scammers are targeting homeowners with substantial equity in their homes.
- *vwd/BUSINESS WIRE: FSA Holdings Third Quarter 2008 Results part_2/3 Friday, November 14, 2008 @ 1:33AMactual performance of each transaction. The table below summarizes loss reserves as of September 30, 2008 and December 31, 2007.
- FSA Holdings Third Quarter 2008 Results Friday, November 14, 2008 @ 1:15AM NEW YORK----Financial Security Assurance Holdings Ltd. , a member of the Dexia group and the holding company for Triple-A-rated bond insurer Financial Security Assurance Inc. , announced net losses of $333.5 million for the third quarter of 2008 and $1,085.6 million for the first nine months of 2008, due primarily to other-than-temporary impairment charges related to the Financial Products ...
- From Main Street to Skid Row Saturday, November 8, 2008 @ 5:48PMM ark Ancona is an environmental remediation specialist, a bloke who tears things down - carefully. A couple of months ago, he drove into a lush and relatively isolated area in Palm Beach County, Florida, to inspect a warehouse his company was contracted to demolish.
- Is Your Home Equity Line of Credit Safe? Saturday, November 8, 2008 @ 8:49AMYour home equity line of credit may be frozen if the value of your house has fallen.
- Yadkin Valley Financial Corporation Announces Third Quarter 2008 Results Friday, November 7, 2008 @ 7:28AM Yadkin Valley Financial Corporation
- American Community Bancshares, Inc. Announces Third Quarter 2008 Results and Declares Fourth Quarter Dividend Friday, November 7, 2008 @ 7:00AM American Community Bancshares, Inc. reported third quarter 2008 financial results. Highlights for the third quarter include:
- Assured Guaranty Ltd. Reports Third Quarter 2008 Net Loss of $63.3 Million ($0.70 per Diluted Share) Thursday, November 6, 2008 @ 3:04PM HAMILTON, Bermuda----Assured Guaranty Ltd. reported a net loss of $63.3 million for the quarter ended September 30, 2008 compared to a net loss of $115.0 million for the quarter ended September 30, 2007 .
- Flagstar Reports 2008 Third Quarter Results Thursday, October 30, 2008 @ 8:03PM Flagstar Bancorp, Inc. , the holding company for Flagstar Bank FSB, today reported a 2008 third quarter net loss of $62.1 million, or $ per share .
- Gateway Financial Holdings Reports Results for the 3rd Quarter 2008 and for the Nine Months Ended September 30, 2008 Wednesday, October 29, 2008 @ 3:30PM VIRGINIA BEACH, Va., Oct. 29, 2008 -- Gateway Financial Holdings, Inc. , the holding company for Gateway Bank & Trust Co., reported a net loss for the third quarter of 2008 of $37.4 million, as compared with net income of $4.2 million for the third quarter of 2007.
- Your Shrinking Home Equity Line of Credit Tuesday, October 28, 2008 @ 8:20AMDo you know how much you really have available on your home equity line of credit? Increasingly, Americans cannot be sure.
- Bank of Florida Corp. Reports Third Quarter 2008 Results Tuesday, October 28, 2008 @ 6:00AM NAPLES, Fla.----Bank of Florida Corporation reported third quarter 2008 results. Highlights for the third quarter include: Third quarter provision for loan losses totaled $6.2 million, up $4.6 million from $1.6 million in the second quarter of 2008, and up $5.9 million from $336,000 in the third quarter of 2007 Allowance for loan losses was 1.14% of total loans, an increase from 1.11% in the ...
- 3 Stocks That Missed the Mark Monday, October 27, 2008 @ 2:31PMA peek at companies that overpromised and underdelivered.
- Realty Q&A: How to handle a home-equity hang-up with project ongoing Thursday, October 23, 2008 @ 6:26PMI am one of those homeowners whose home-equity lines of credit was reduced due to the "significant decline" in prices in my area. This is our problem: We learned about the HELOC reduction after we started to build. Now we are facing the possibility of having to stop the construction because we will not have all the money we need for the project. What do we do now?
- Transatlantic Holdings, Inc. Announces Third Quarter Results Thursday, October 23, 2008 @ 6:00AM NEW YORK----Transatlantic Holdings, Inc. today reported a net loss for the third quarter of 2008 of million, or per common share , compared to net income of $141.7 million, or $2.12 per common share , in the third quarter of 2007.
- Uncovering hidden credit scores Wednesday, October 22, 2008 @ 5:00AM An expert takes a behind-the-scenes look at how credit card issuers use many different scores to follow your credit behavior.
- Increased Demand Deepens Relationship Between LenderLive Network, Cenlar FSB Monday, October 20, 2008 @ 7:51AMLenderLive Network, Inc., a company that provides private-labeled origination services and technology solutions to the financial industry, has experienced an increase in demand for private labeled servicing, therefore, expanding the eight-year relationship with subservicing partner Cenlar FSB. While the mortgage industry continues to try to find solid ground, this increase in demand points to ...
- Increased Demand Deepens Relationship Between LenderLive Network, Cenlar FSB Monday, October 20, 2008 @ 7:01AM SAN FRANCISCO----LenderLive Network, Inc., a company that provides private-labeled origination services and technology solutions to the financial industry, has experienced an increase in demand for private labeled servicing, therefore, expanding the eight-year relationship with subservicing partner Cenlar FSB.
- The Bank of New York Mellon Corporation Reports Third Quarter Continuing EPS of $0.26 Thursday, October 16, 2008 @ 5:30AM The Bank of New York Mellon Corporation today reported income from continuing operations of $305 million, or $0.26 per share, in the third quarter of 2008.
- J.P. Morgan HELOC Origination Fell 77% In Third Quarter Wednesday, October 15, 2008 @ 8:48AMJ.P. Morgan HELOC Origination Fell 77% In Third Quarter
- Late payments haunt credit for years Wednesday, October 15, 2008 @ 5:00AM Paying off your card is great, but late payments have a longer credit legacy, says Dr. Don Taylor.
- From Main Street to Skid Row Tuesday, October 14, 2008 @ 8:23PMM ark Ancona is an environmental remediation specialist, a bloke who tears things down - carefully. A couple of months ago, he drove into a lush and relatively isolated area in Palm Beach County, Florida, to inspect a warehouse his company was contracted to demolish.
- Glossary: Translating the financial crisis Monday, October 13, 2008 @ 12:58AMA number of financial terms have become a part of the daily conversation as the worst financial crisis in decades has deepened, damaging the finances of companies, industries and ordinary people.
- Economics 101: Understanding financial lingo Sunday, October 12, 2008 @ 4:24AMFinancial terms have become a part of the daily conversation as the worst financial crisis in decades has deepened, affecting companies, industries and ordinary people.
- Glossary: Translating the financial crisis Sunday, October 12, 2008 @ 1:19AMNEW YORK -- A number of financial terms have become a part of the daily conversation as the worst financial crisis in decades has deepened, affecting companies, industries and ordinary people. A slowdown that began in the real estate market has led to bank failures, plunging stock prices and an economy that may be hurtling toward a deep recession. The glossary below list short definitions for ...
- From Main Street to Skid Row Sunday, October 5, 2008 @ 9:20PMM ark Ancona is an environmental remediation specialist, a bloke who tears things down - carefully. A couple of months ago, he drove into a lush and relatively isolated area in Palm Beach County, Florida, to inspect a warehouse his company was contracted to demolish.
- Fitch Takes Various Rating Actions on 1 Irwin Home Equity Loan Trust Transaction Thursday, October 2, 2008 @ 1:16PMFitch Ratings has taken the following rating actions on one Irwin HELOC transaction. Unless stated otherwise, any bonds that were previously placed on Rating Watch Negative are now removed.
- Fitch Affirms 3 & Downgrades 2 Classes from 1 SACO I Trust HELOC Transaction Thursday, October 2, 2008 @ 12:16PMFitch Ratings has taken the following rating actions on SACO I Trust 2005-GP1:
- IFS Development Group, LLC Points to Personal Financial Solutions During Wall Street Crisis Thursday, October 2, 2008 @ 4:00AM Congress may bail out Wall Street, but it probably will do little for your own personal finances. So says a Florida-based financial consultancy, which advocates a top-to-bottom review of your accounts to uncover inefficiencies and perhaps even a personal "pay raise" or two.
- Small O.C. lenders say credit crisis has not hit them Wednesday, October 1, 2008 @ 12:13PMSmall banks and local lenders say they see opportunities in national crisis.
- From Main Street to Skid Row Sunday, September 28, 2008 @ 9:32AMM ark Ancona is an environmental remediation specialist, a bloke who tears things down - carefully. A couple of months ago, he drove into a lush and relatively isolated area in Palm Beach County, Florida, to inspect a warehouse his company was contracted to demolish.
- Loose Change: Lenders pull back on home equity lines Saturday, September 27, 2008 @ 12:05AMPlanning to cover the college tuition this fall by tapping into an existing home-equity line of credit? You could need to turn to Plan B. Big-name lenders are reducing or shutting off existing home-equity lines of credit. One of the latest moves was by Morgan Stanley.
- iReport outrage over the bailout Friday, September 26, 2008 @ 4:30PMCongress and the White House are trying to hammer out a $700 billion plan to bail out Wall Street and prevent an economic collapse, but iReporter Margaret Lopez thinks she has a better idea.
- Uncovering hidden credit scores Friday, September 26, 2008 @ 5:00AM An expert takes a behind-the-scenes look at how credit card issuers use many different scores to follow your credit behavior.
- Bail-out plan: Views from the US Thursday, September 25, 2008 @ 2:25PMYour views on the US financial bail-out plan.
- Monthly Mortgage Prepayments Can Bring Big Savings, Faster Payoff Thursday, September 25, 2008 @ 11:39AMI took a short-term job with a substantial increase in pay and would like to apply the extra money to my mortgage. Is it better to pay an extra amount each month, or should I hold onto the cash and pay a large lump sum each year?
- Lenders Freezing HELOCs; Clark Howard Has Advice Monday, September 22, 2008 @ 7:04PMIn a ripple effect of the mortgage meltdown, lenders across the country have frozen the Home Equity Lines Of Credit of thousands of homeowners. Now, federal regulators say lenders better be very careful about how they do that or they might be violating the Truth in Lending Act. Consumer Advisor Clark Howard has the details.
- Bank failure could freeze HELOC access Monday, September 22, 2008 @ 5:00AM When a bank fails, access to your home equity line of credit may be frozen temporarily, says Dr. Don Taylor.
- Equity loans for college drying up Saturday, September 20, 2008 @ 3:14AMPlanning to cover the college tuition this fall by tapping into an existing home equity line of credit? You could need to turn to Plan B.
- This Essential 2008 Report on Residential Mortgages and HELOCs in the United States Is Available Now Friday, September 19, 2008 @ 4:56AM DUBLIN, Ireland----Research and Markets has announced the addition of the "Residential Mortgages and HELOCs in the United States 2008" report to their offering.
- Fitch Affirms Select Portfolio Servicing´s RMBS Servicer Ratings Monday, September 15, 2008 @ 2:58PMFitch Ratings takes the following rating actions on Select Portfolio Servicing, Inc.´s (SPS)
- Lenders pull back on home equity lines Monday, September 15, 2008 @ 2:49PMPlanning to cover the college tuition this fall by tapping into an existing home equity line of credit? You could need to turn to Plan B.
- Pearlstein: Wall Street Turmoil Monday, September 15, 2008 @ 1:11PMWashington Post columnist Steven Pearlstein was online today at 12 p.m. ET to discuss the massive shifts on Wall Street today.
