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[] Finally, a plan to bring relief to the housing boom’s most innocent victims — those who bought at the peak and continue to pay mortgages that are far more their houses are worth — is getting the attention and traction it deserves. Read from orginal source… http://rds.yahoo.com/_ylt=A2KJjb0zbHNOzFMAMQz_wgt.;_ylu=X3oDMTBydnFzNjIwBHBvcwMxBHNlYwNzcgRjb2xvA3NwMgR2dGlkAw–/SIG=14afvakfi/EXP=1316215987/**http://www.orlandosentinel.com/business/columnists/os-kassab-mass-refinance-plan-20110915,0,1019860.column%3Ftrack=rss Refinance Refinance

refinance Highlights Refinancers may need 25 percent equity to get qualified residential mortgages. A proposed rule might make refinancing with less equity more costly. The rule isn’t final and won’t be in effect for at least a year. Homeowners who need to refinance an existing mortgage, but don’t have substantial equity, might want to act [...]

Don Taylor, Ph.D., CFA, CFP, On Friday June 24, 2011, 6:00 am EDT Dear Dr. Don,I have a mortgage balance of $ 118,000 with 148 payments left. The home is worth about $ 200,000 in today’s market. I have excellent credit. I don’t carry a balance on my credit cards, and both of my vehicles [...]

Shuler’s campaign failed to report $ 1M in spending ASHEVILLE — A company that helped fill out campaign fiance reports is taking the blame for failing to report $ 1 million in spending by U.S. Rep. Heath Shuler late in his re-election campaign last year. The person responsible for the error was fired, Brett Smiley, [...]

- Banks sees eye to eye to pay $ 400,000 inchrestitution CHARLOTTE – A North Carolina bank has agreed to pay $ 400,000 inchrestitution to those who have the ailment up of a Ponzi theme which operated thru the overall bank. The overall U.S. Attorney’s Workplace referred to Wednesday that Asheboro-primarily based CommunityONE Bank conjointly [...]

Ranchi, March 28:  The flow of Nabard refinance in Jharkhand has been declining over the last three years, according to the Jharkhand Economic Survey 2010-11. As indicated in the National Bank for Agriculture and Rural Development’s (Nabard’s) Jharkhand State Focus Paper 2010-11, disbursement of refinance has come down from Rs 77.47 crore in 2006-07 to [...]

OAO Metalloinvest, Russia’s biggest iron ore miner, will more than double the size of a new loan to $ 3.1 billion as it seeks to add assets and refinance debt, according to a person with knowledge of the agreement. Metalloinvest will get a $ 3 billion, five-year loan and a $ 100 million seven-year loan, [...]

AUSTRALIAN companies will have to raise about $ 60 billion to refinance debt maturing in the next five years, an amount Moody’s Investors Service believes is manageable. The credit rating agency said the amount of debt refinancing facing rated corporate issuers in Australia should be “manageable,” provided the sector continues to demonstrate “proactive management” of [...]

Bank robbed on Fire Tower Road Two men were at large Monday afternoon after they robbed a Greenville bank on Fire Tower Road, police said. This article is only available to home delivery and electronic edition subscribers of The Daily Reflector. Current home delivery and electronic edition subscribers can log in to access this article [...]

 The Obama administration has given another year of life to an foreclosure prevention program allowing certain borrowers to refinance underwater mortgages owned or guaranteed by Freddie Mac and Fannie Mae. The Home Affordable Refinance Program had been set to expire June 30. HARP, as it’s known, will now continue through June 2012. With 30-year fixed-rate mortages below [...]