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Triad Guaranty Applauds Passage of an Extended Mortgage Insurance Tax Deduction Bill

4:04 pm   -   December 19th, 2007

Triad Guaranty Inc. (NASDAQ:TGIC) is applauding the Congressional passage of new legislation that will allow low-and moderate-income homebuyers and homeowners to continue to deduct mortgage insurance premiums from their federal income tax returns. The new legislation, which President Bush is expected to sign, extends this deduction to loans closed in 2007 through 2010. The previous law was to expire at the end of 2007. (more…)

Mortgage Crisis Will Drive Consumers to Credit Counseling

4:21 pm   -   December 17th, 2007

The Association of Independent Consumer Credit Counseling Agencies says that the mortgage crisis will end up driving consumers to credit counseling. Whether it’s a “subprime crisis” news story or the “For Sale” signs lingering in front of local homes for months, there are reminders everywhere that the housing market is in trouble and that the worst may lay ahead, says the Association of Independent Consumer Credit Counseling Agencies (AICCCA). (more…)



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HRC Closes on $2.8M Mortgage Loan
NEW YORK CITY-Hudson Realty Capital has closed on a $2.8-million first mortgage loan secured by an 8.9-acre industrial park in Staten Island, GlobeSt.com has exclusively learned. The borrower was not disclosed; the loan was used to buy the existing first
Woods takes out $54M mortgage on Fla. estate
JUPITER ISLAND, Fla. - Fresh off his divorce, Tiger Woods has taken out a $54.5 million mortgage on his Florida waterfront estate. Mortgage documents filed last month in Martin County show Woods will make payments to an entity called JRD Florida Ventures
Woods takes out $54M mortgage on Fla. estate
JUPITER ISLAND, Fla. - Fresh off his divorce, Tiger Woods has taken out a $54.5 million mortgage on his Florida waterfront estate. Mortgage documents filed last month in Martin County show Woods will make payments to an entity called JRD Florida Ventures
Mortgage Bankers group spent $745K lobbying in 2Q
WASHINGTON - The Mortgage Bankers Association spent $745,000 in the second quarter to lobby the federal government on issues including banking regulations, housing issues and reforms to the financial system. That's down from the $761,000 the group spent
Mortgage Bankers group spent $745K lobbying in 2Q
WASHINGTON - The Mortgage Bankers Association spent $745,000 in the second quarter to lobby the federal government on issues including banking regulations, housing issues and reforms to the financial system. That's down from the $761,000 the group spent
Comments Requested on Mortgage Interest Statement Form
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Homeowners arent likely to face higher mortgage costs for the next month and ...
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Mortgage interest rates set record lows
WASHINGTON, Sept. 2 (UPI) -- Average interest rates for long-term mortgages set record lows in the week ending Sept. 2, the U.S. Federal Home Loan Mortgage Corp. said Thursday. Freddie Mac said "modest inflation expectations" contributed to the drop in
Mortgage interest rates set record lows
Average interest rates for long-term mortgages set record lows in the week ending Sept. 2, the U.S. Federal Home Loan Mortgage Corp. said Thursday. Freddie Mac said "modest inflation expectations" contributed to the drop in interest rates for 15-year and
Yorkshire Building Society cuts first-time buyer mortgage rate
Yorkshire Building Society has reduced the rate of one of its home credit deals.Yorkshire Building Society yesterday (September 1st) announced that it is to further reduce the rate on its home credit deal designed for people looking to get their foot on
Mortgage deals 'generally cheaper in Scotland'
Scotland offers generally cheap mortgage deals, an expert has said.People searching for cheap home credit deals might be advised to look north of the border for the best available mortgage products following the recession. That is according to David
UPDATE 1-U.S. mortgage rates hit record low - Freddie Mac
(Adds quotes, background, details from survey) By Julie Haviv NEW YORK, Sept 2 (Reuters) - U.S. mortgage rates fell in the past week to the latest in a series of record lows as yields on government debt dropped, according to a survey released on Thursday
Mortgage interest rates set record lows
WASHINGTON, Sept. 2 (UPI) -- Average interest rates for long-term mortgages set record lows in the week ending Sept. 2, the U.S. Federal Home Loan Mortgage Corp. said Thursday. Freddie Mac said "modest inflation expectations" contributed to the drop in
Mortgage rates at record lows
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