Thursday, July 16, 2009

1 in 84 Homes Receive Foreclosure Notice in First Half of 2009

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TODAY'S HEADLINES

LATEST VIDEO

Home Builder Confidence at 10-Month High
Home builder confidence is at a 10-month high, and CNBC's Hampton Pearson has the details.
CIT Seeks $3B to Avoid Bankruptcy
Small-business lender CIT is seeking up to $3 billion in secured financing from private investors over the next day in order to avoid a bankruptcy filing
JPMorgan Chase CFO on Earnings
JPMorgan Chase CFO Michael Cavanagh discusses the company's latest earnings and outlook.
Henry Paulson Testimony, Pt. 1
Former Treasury Secretary Henry Paulson stands by his and others actions in the Bank of America/Merrill Lynch deal.
Paulson Testimony: Lawmakers' Opening Statements
Rep. Darrell Issa, R-Calif., and Rep. Edolphus Towns, D-N.Y., make their opening statements before questioning Fmr. Treasury Secretary Henry Paulson about
Faber Report: Behind JPMorgan's Numbers
CNBC's David Faber goes behind the numbers in JPMorgan's quarterly results.

AROUND THE WEB

Big New Housing Problem: Mortgage Insurers Back Off
Treasury International Capital (TIC) Data for May
First-Time Buyers: Hurry for $8,000 Tax Credit
Treasury Department Discusses Housing Before Senate Banking Committee
JPM's Dimon: CRE "Big deal for regional banks"
FHFA Reports Fannie Mae and Freddie Mac Foreclosure Prevention Efforts for April
Wells' 'Under the Radar' Subprime Loans

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help...sticky situtation
Hi All, I have been reading on this site for some time and just figured I would finally post as opposed to speculating in my head. I am looking to purchase
Loan Scenario: CA, $206,000, 795, 118% LTV, Refinance (Rate and Term)
Loan Scenario: CA, 89708,200,000, 750, 22% LTV, Cash Out Refinance

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