Tax Day 2011: What’s new for homeowners – Christian Science Monitor

Christian Science Monitor Tax Day 2011: What's new for homeownersChristian Science MonitorThe IRS includes further details noting some exceptions to the rule and what happens when people sell the home before 15 years go by. Note that this repayment rule only applies to homes purchased in 2008. The homebuyers tax credit in 2009 and 2010 […]

A Reverse Mortgage May Be Worth Looking Into: Are You Strapped For Cash – Daily News Pulse

Daily News Pulse A Reverse Mortgage May Be Worth Looking Into: Are You Strapped For CashDaily News PulseIf they decide not to reside in the property, they can sell the unit, pay off the reverse mortgage, and keep the balance of the monies of the estate. They have one year, from the passing of the […]

Aussie Dollar: Stronger For Longer – International Business Times

Aussie Dollar: Stronger For LongerInternational Business TimesSo the 90% of Americans with a job and the 70% of mortgage holders not in negative equity can once again start buying “stuff”. Thus a further blowout of the current account deficit would follow (Factor Three), as well as a further blow-out of net …and more » how to […]

Aussie Dollar: Stronger For Longer – International Business Times

Aussie Dollar: Stronger For LongerInternational Business TimesSo the 90% of Americans with a job and the 70% of mortgage holders not in negative equity can once again start buying “stuff”. Thus a further blowout of the current account deficit would follow (Factor Three), as well as a further blow-out of net …and more » how to […]

Aussie Dollar: Stronger For Longer – International Business Times

Aussie Dollar: Stronger For LongerInternational Business TimesSo the 90% of Americans with a job and the 70% of mortgage holders not in negative equity can once again start buying “stuff”. Thus a further blowout of the current account deficit would follow (Factor Three), as well as a further blow-out of net …and more » how to […]

Fed Sees Solid Demand for AIG Bonds – Wall Street Journal

Fed Sees Solid Demand for AIG BondsWall Street JournalThe auction was the first of a series the New York Fed is conducting in an effort to rid itself of assets in a large portfolio of residential mortgage-backed bonds it acquired in rescuing AIG in 2008. "We are hearing that of the 42 that traded, …and […]

Ally Financial to Commence Registered Exchange Offer – PR Newswire (press release)

Ally Financial to Commence Registered Exchange OfferPR Newswire (press release)Ally's other business units include mortgage operations and commercial finance, and the company's subsidiary, Ally Bank, offers retail banking products. With more than $ 172 billion in assets as of Dec. 31, 2010, Ally operates as a bank holding company. …and more » how to sell mortgage […]

Scottsdale Mortgage-Relief Firm Hit with $29 Million Judgment in Loan … – Phoenix New Times (blog)

Phoenix New Times (blog) Scottsdale Mortgage-Relief Firm Hit with $ 29 Million Judgment in Loan …Phoenix New Times (blog)Guardian Group claimed it would negotiate with lenders to buy a homeowner's mortgage note way below face value, and then turn around and sell it to a third-party investor. For the price of $ 1595, Guardian Group […]

Royal Bank of Canada’s ‘Hodgepodge’ US Bank May Sell for $3.7 Billion – Bloomberg

CBC.ca Royal Bank of Canada's 'Hodgepodge' US Bank May Sell for $ 3.7 BillionBloombergA year later, Royal Bank agreed to sell its RBC Mortgage unit to New Century Financial Corp. and US profit rebounded in the first quarter of 2005. Royal Bank resumed US takeovers in 2006 with a purchase of Atlanta-based Flag Financial Corp. […]

Blockbuster, Lehman, Vitro, Accredited Home: Bankruptcy – BusinessWeek

Blockbuster, Lehman, Vitro, Accredited Home: BankruptcyBusinessWeekAccredited Home Lenders Holding Co., a former home mortgage originator and securitizer, received approval of a disclosure statement yesterday and scheduled a May 19 hearing for confirmation of the liquidating Chapter 11 plan. …and more » how to sell mortgage note – Google News