Selling Mortgage Leads News for 09/05/2008




Read Sen. John McCain's Full Speech (ABC News)
John McCain accepts GOP nomination for president, leads Republican party...

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Text of Mitt Romney's speech (St. Louis Post-Dispatch)
Text of former Massachusetts Gov. Mitt Romney's speech Wednesday to the Republican convention, as prepared for delivery: For decades, the Washington sun has been rising in the east -- Washington has been looking to the eastern elites, to the editorial pages of the Times and the Post, and to the broadcasters from the coast...

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Price comparison site targets legal sector (Law Society Gazette)
Moneysupermarket.com, the price comparison website, is to start selling legal business sales leads to law firms involved in conveyancing, probate and employment later this month, the Gazette can reveal...

Time for Mortgage REITS Again? - RightSide Advisors

Time for Mortgage REITS Again?
RightSide Advisors, CA - Sep 3, 2008
Yes, the benchmark Mortgage REIT Index (25 leading home and commercial lenders) plummeted 47.7% last year, and some mortgage REITs like New Century .
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Foreclosed But Not Forgotten - Wall Street Journal

Business Wire (press release)

Foreclosed But Not Forgotten
Wall Street Journal - Sep 2, 2008
My favorite proposal is Mr. Shiller's call for the creation of a standard, consumer-friendly home- mortgage contract, leaving out the booby traps that .
Fiserv Case-Shiller(R) Home Price Insights: Despite Housing Crisis . MarketWatch
Fiserv Announces Plans to Leverage Its Case-Shiller(R) Home Price . MarketWatch
all 40 news articles
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Fuel leads the wholesale increase (Scoop.co.nz)
Seasonally adjusted total wholesale trade sales increased 3.1 percent ($686 million) for the June 2008 quarter, Statistics New Zealand said today. This follows a flat result for the March 2008 quarter, when sales were down 0.1 percent ($11 million)...

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Baytown woman sues lenders, says she was a victim of predatory . - Houston Chronicle

Houston Chronicle

Baytown woman sues lenders, says she was a victim of predatory .
Houston Chronicle, United States - 22 hours ago
Aiyer said the lawsuit was filed against Alpha Mortgage USA Inc., the original lender, and American Home Mortgage Servicing Inc., which now holds the loan. .
Texas Woman Sues Over Predatory Lending KWTX
Texas woman sues over predatory lending Houston Chronicle
all 26 news articles
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Tough economic news leads to 340-point Dow dive (Cape Cod Times)
NEW YORK - Wall Street plunged today, sending the Dow Jones industrials down more than 340 points as retailers and the Labor Department added dismal economic news...

Home mortgage plan changes coming Oct. 1 - Sarnia Observer

Home mortgage plan changes coming Oct. 1
Sarnia Observer,  Canada - Sep 3, 2008
EURApplicants must be pre-approved for a mortgage from a recognized financial institution and meet other criteria concerning assets and citizenship,EUR said .
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The Banks Next Hot Zone: Home Equity Delinquencies - FOXBusiness

The Banks Next Hot Zone: Home Equity Delinquencies
FOXBusiness - 13 hours ago
Because when home equity borrowers, default on their lines of credit, bankers dont have first recourse to the underlying property, the home. Mortgage .
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Blind to overshooting - Asia Times Online

Property News

Blind to overshooting
Asia Times Online, Hong Kong - Sep 3, 2008
Needless to say, any such drop would take place only over a decade or so, and would be accompanied by enormous pain in the home mortgage market and indeed .
1.6bn rescue package for home buyers will not work and may do . Times Online
Bay home sales halve in a year South Devon Herald Express
First-time buyers to be tempted back into property Telegraph.co.uk
The Press, York - Irish Times
all 598 news articles
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A new way to tap into home equity - Minneapolis Star Tribune

A new way to tap into home equity
Minneapolis Star Tribune, MN - 10 hours ago
Participants must have a minimum 25 percent equity stake, however -- their total mortgage debt cannot exceed 75 percent of the home's market value. .
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Orders on the increase for September (e-Consultancy)
LeadPoint, the worlds first lead exchange marketplace today reported that demand for leads has already started to increase in September. EURAfter the summer slowdown, its back to business and our lead buyers seem to be keen to get their autumns off to a flying start. Since the start of September we...

Error Leads NCAA Media To Phone Sex Line (NBC 4 Los Angeles)
A typo in a news release leaves media members dialing into a phone sex hot line instead of a teleconference with University of Central Florida coach George O'Leary...

Police: Teens' Joyride In Stolen Vehicle Leads To Crash (WHIO-TV 7 Dayton)
Police said three teenagers stole an SUV and then took a joyride on a local highway, eventually flipping the vehicle and closing down the highway...

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56000 Reverse Mortgage Leads (by: davidfr)
I was recently laid off from a reverse mortgage company but before I did I found that they kept all of their leads on a shared drive. I emailed all 56000 of these leads to myself. I have no desire to go back to the mortgage business but ...

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Investments Are Faltering in Chrysler and GMAC - New York Times

Washington Times

Investments Are Faltering in Chrysler and GMAC
New York Times, United States - 17 hours ago
That includes Residential Capital, which became one of the nations biggest mortgage providers and plunged into the market for riskier home loans that could .
GMAC to axe 5000 jobs at ResCap Financial Times
GMAC's Home Loan Unit to Fire 5000, Shut 200 Offices (Update1) Bloomberg
UPDATE 1-GMAC to cut 5000 jobs at ResCap mortgage unit Reuters
Wall Street Journal - Bloomberg
all 504 news articles
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Property Finance (Sept. 1-6): Rubicon Wins Financing Extensions (CoStar Group)
In this week's issue: Rubicon won concessions from its lenders to extend its debt deadlines. Plus we give you new property finance deals and valuable leads list of lenders funding industrial acquisitions and loans maturing in the next 12 months in:...

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Mortgages Fall Further - Wall Street Journal

KEZI

Mortgages Fall Further
Wall Street Journal - 2 hours ago
WASHINGTON -- Home mortgage rates moved lower this week after indications that consumer spending could slow, Freddie Mac's chief economist said. .
US 30-year mortgage rates fall in latest week Reuters
Mortgage rates ease: Third week in a row CNN
30-year mortgages dip slightly to 6.35 percent The Associated Press
United Press International - MarketWatch
all 114 news articles
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Opinion-ist: Racially Targeted Lending Practices? Really? - Houstonist

Houstonist

Opinion-ist: Racially Targeted Lending Practices? Really?
Houstonist,  USA - 10 hours ago
. husband refinanced their home in an effort to obtain a better deal, only to find that the mortage they signed was not only an adjustable rate mortgage, .
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Error Leads NCAA Media To Phone Sex Line (Fox 12 Oregon)
Oops. A typo by the University of Central Florida's director of athletic communications, Leigh Torbin, sent media members trying to dial into a teleconference with the school's football coach to a phone sex hot line...

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