Jobless Homeowners Get 1-Year Break

Jobless Homeowners Get 1-Year Break
Unemployed homeowners will be able to get up to a full year’s forbearance on their mortgage payments, under changes to anti-foreclosure programs announced today by the Obama administration.
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Biz Break: ‘FarmVille’ to ‘CityVille,’ Zynga dominates social games

Biz Break: ‘FarmVille’ to ‘CityVille,’ Zynga dominates social games
Today: Zynga expanded its lead in the social games market in 2010, according to a report today. Plus: Silicon Valley home sales slumped again in April. And: Facebook, Netflix, SanDisk, Silicon Valley tech stocks.
Read more on San Jose Mercury News

Refinancing Break Even Point.mp4

The Mortgage Reel – www.themortgagereel.com Mortgage Rates possibly hitting new low’s. Media saying Interest Rates will drop to 4.5%. Are you ready to take advantage of this opportunity. How much do you have to save on your interest rate before it makes sense? What are your goals and is your refinance matching your goals? TheMortgageReel.com [...]

Mortgage tax break could fall victim to deficit

Mortgage tax break could fall victim to deficit
WASHINGTON — Fifteen years ago, Carol Nietmann and her husband bought a spacious house in Maryland near Chesapeake Bay. And thanks to the time-honored tax deduction for mortgage interest, she said, their new place was a little bigger and a little…
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Freddie:Mortgage Delinquencies Break Decline Streak In October

Freddie:Mortgage Delinquencies Break Decline Streak In October
Freddie:Mortgage Delinquencies Break Decline Streak In October
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Will The S&P Break Above 1,200?

Will The S&P Break Above 1,200?
Following a relentless rally, the S&P has arrived at a critical junction. Where will it go from here?
Read more on ETFguide.com via Yahoo! Finance

Greenville gets break from high temperatures

Greenville gets break from high temperatures
Greenville followed up the blistering heat of June by posting a near-record low temperature of 54 degrees Friday night into early Saturday. The record low of 51 degrees for the date occurred in 1918, National Weather Service meteorologist Hal Austin said.
Read more on The Daily Reflector

State on Pace to Break Foreclosure Record

State on Pace to Break Foreclosure Record
Mortgage foreclosures continue to mount in New Hampshire. Federal and bank programs to help homeowners refinance mortgages have met with only mixed results.Housing advocates blame banks for not doing enough.
Read more on New Hampshire Public Radio

Kiwibank, HSBC warned about mortgage break fee formulas

Kiwibank, HSBC warned about mortgage break fee formulas
The Commerce Commission warned Kiwibank and HSBC about the formulas the two banks used to work out mortgage break fees until the middle of last year. The formulas were likely to have breached the Credit Contracts and Consumer Finance Act (CCCF), the commission said today. Both banks had [...]