refinancing | Refinancing - Part 2

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Agents, lenders hope stimulus boosts housing

March 2nd, 2009

families restructure or refinance their mortgages to avoid foreclosure. The first component of the plan is to offer REFINANCING to homeowners to make their mortgages more affordable. Williams said interest rates have come down substantially since the

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Real estate: Is there an upswing on the horizon? (2228)

March 2nd, 2009

Her 15-person workforce has been reduced to nine. Rubin said the company?s only ?bright light? has been REFINANCING of loans. ?We?re seeing a heavy refinance market right now,? Rubin said. ?Corporate offices are saying that will be up and

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Some lenders blocking refinances if second mortgage isn’t paid off

March 2nd, 2009

In some cases, they delay refinances for a month or more. In other cases, they block homeowners from REFINANCING altogether — all because of something called ‘resubordination.’ ‘It can completely blow a refi out of the water,’ says Christopher Cruise,

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Cemex may default on $19 bln debt

March 2nd, 2009

(Los Angeles, California) — Cemex may need to rely on affordable REFINANCING agreements to pay its 19 billion dollar debt. The company said on Tuesday that it would default on its debt if it is unable to refinance. The compared also fears

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Nursing home cost deductible? … and some other questions

March 2nd, 2009

to the extent that the refinanced debt does not exceed the principal amount of acquisition debt immediately before REFINANCING. Home equity indebtedness qualifies as acquisition debt to the extent that it does not exceed the fair market value of the

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Home Quarterly: Mortgage, insurance firms clamp down on risk

March 2nd, 2009

that while some lenders have closed, it has opened opportunities for other companies to thrive. The market for REFINANCING homes has boomed for lenders because interest rates have dropped since late 2008. The difference in the rush to refinance now

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