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Some tax issues to consider on mortgage write-downs (Washington Post)
With the Obama administration and private lenders actively considering mortgage principal-reduction programs to help financially distressed homeowners, the Internal Revenue Service has issued a new advisory to taxpayers who receive -- or seek to receive -- such assistance. The IRS gets involved in m...
Borrowers in foreclosure prevention plan losing mortgage aid (Washington Post)
About 90,000 distressed borrowers have lost their mortgage aid under the government's foreclosure prevention plan, and many more are at risk of losing the help, according to Treasury Department data released Friday.
Some tax issues to consider on mortgage write-downs (Washington Post)
With the Obama administration and private lenders actively considering mortgage principal-reduction programs to help financially distressed homeowners, the Internal Revenue Service has issued a new advisory to taxpayers who receive -- or seek to receive -- such assistance. The IRS gets involved in.....
Lender blames escrow shortage for $400 increase in monthly mortgage payment (...
Q: We have owned our house for many years, and the lender has always escrowed money to pay our real estate taxes and insurance. This year, we received a notice from the lender that our monthly mortgage payment will increase by over $400 because there is an escrow shortage. Can we cancel the escrow r...
Mortgage interest rates down for second week as home loan applications rise (...
Mortgage interest rates declined for a second consecutive week as the number of home loan applications rose.
Yahoo! News Search Results for refinance
Refinance may limit financial flexibility (Bankrate.com via Yahoo! Finance)
Reduced financial flexibility may be the price for a home refinance that lowers your mortgage rate.
Pernod Ricard Plans to Issue Bonds to Refinance Absolut Buyout (Bloomberg)
March 10 (Bloomberg) -- Pernod Ricard SA , the world?s second-biggest liquor maker, is planning to sell six-year bonds to help refinance loans used to buy the Absolut vodka brand in March 2008.
Tamaqua Area school district to save $137,000 by refinancing bond (The Pottsv...
TAMAQUA - Tamaqua Area school directors say they will save the district about $137,000 by refinancing a bond issue that originally paid for the Tamaqua Area Middle School. School directors unanimously voted to refinance about $3.1 million in outstanding
Euro finance ministers to agree on Greek aid: source (Reuters via Yahoo! News)
Euro zone finance ministers are likely to agree on Monday on a mechanism for aiding Greece financially, if it is required, but will leave out any sums until Athens asks for them, an EU source said on Saturday.
LA council approves $2B sale of LAX bonds (Daily Breeze)
The Los Angeles City Council agreed Friday to sell another $2 billion worth of bonds to help pay for construction projects and refinance existing debt for Los Angeles International Airport.