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Florida Mortgages Newsflorida mortgages(CEP News) - Weekly mortgage applications in the United States decreased in the week ending Nov. 14, according to data released from the Mortgage Bankers' Association (MBA) on Thursday, which reported an 6.2% week-over-week fall in applications. In ... Read moreMBA Mortgage Applications Move Lower in Week Ending November 14 - EconomicnewsMANATEE — With the credit crunch, tighter lending standards and the weak economy clobbering the conventional mortgage market, more lenders and brokers are going in reverse — as in reverse mortgages. Long considered a niche product, reverse ... Read moreReverse mortgages allow equity to work for you - Bradenton HeraldDelores Hicks, 73, outside the Mayport home she shares with two grandchildren. “I was really in a bad situation,” she said, before turning to a company that renegotiated her mortgage. JACKSONVILLE — Seventy-three-year-old Delores Hicks had just ... Read moreFixing mortgages a growing business in Jacksonville - Jacksonville Business JournalThe jobless level in Florida hit a 15-year high of 7 percent in October, it was reported on Friday. And on the same day, President Bush extended jobless benefits up to 13 weeks to ease the pain of rising unemployment nationwide. Another three months ... Read moreFlorida's jobless level hits a 15-year high of 7 percent in October - Fort Lauderdale Sun-Sentinelomeowners fleeing underwater mortgages in California and Florida know where to come up for air: Texas. “Texas is an extremely friendly place to live if you owe money and do not want to pay,” said Marjorie Britt, a bankruptcy attorney with Britt ... Read moreDeadbeat Homeowners Tap Texas Bankruptcy Laws to Duck Creditors - Daily Business ReviewFirst-time buyers are stepping forward, overjoyed at the idea of finally being able to afford places of their own. Retirees paying all cash also are getting into the game, yanking their money out of the volatile stock market and putting it back into ... Read moreFirst-timers, retirees buying homes at low prices - Palm Beach PostThe median sales price for South Florida single-family homes fell 16.9 percent from a year earlier in the third quarter, the Chicago-based National Association of Realtors said Tuesday. Nationwide, prices were down 9 percent and sales of properties ... Read moreSouth Florida home prices tumble 16.9 percent - Miami HeraldAnthony “Iggy” Affatati has pleaded guilty to charges that he was involved in two investment schemes, federal prosecutors said today. Affatati, 36, of Parkland was one of four men facing criminal fraud charges for, among other things, using straw ... Read moreScammer in $40 mil mortgage fraud pleads guilty - Palm Beach InteractiveIf nothing else, the Treasury's $700 billion bailout has been a boon for unintentional black comedy. Take an announcement last week by Hartford Financial Services Group that it's buying a Florida bank for $10 million, just so it can qualify for $3.4 ... Read moreRescue The $700 Billion Bailout - CBS NewsThe first requirement of any underwriter working with a client on a reverse mortgage ("Reverse mortgages: Get money now, pay later," Nov. 9) is to give them a list of five nonprofit organizations that have qualified reverse mortgage counselors. The ... Read more |
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