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Australian Mortgage Bonds Offer World's Best Value, Pimco Says  Aug. 25 -- Australia's mortgage-backed bonds are one of the most attractive buys ``on the planet,'' according to Rob Mead , head of Asia-Pacific credit at Pacific Investment Management Co. in Sydney.

Crunch time as mortgage brokers flee  THE global credit crunch has plunged the mortgage broking industry into turmoil, with a third of all brokers expected to flee the industry by the end of the year.

Bad Credit Loans Offer Viable Solution to the Widening Credit Crisis   As the credit crisis widens to include all categories of finance, Bad Credit Loans from www.loansbadcredit.org.uk offer consumers a viable solution. PRWeb Aug 22, 2008 Read the full story at http://www.prweb.com/releases/2008/08/prweb1236484.htm

Bad Credit Loans Offer Viable Solution to the Widening Credit Crisis   As the credit crisis widens to include all categories of finance, Bad Credit Loans from www.loansbadcredit.org.uk offer consumers a viable solution.

My home's value has fallen sharply. Should I default on the mortgage?  Perhaps you owe more on your mortgage than the declining value of your home. Or maybe you had a setback and can't afford your payments anymore. The temptation to walk away can be strong. However, defaulting on your mortgage can have long-term consequences on your credit rating and ability to get future loans. Let members of the Financial Planning Association of Greater Indiana help you make a ...

Saler: Subprime mortgage trauma is similar to S&L crisis  If you think the subprime mortgage horror show looks disturbingly familiar, it’s because you’ve probably seen this movie before. The last time the U.S. banking system hit the skids was in the late 1980s and early 1990s, when the savi...

How housing tax credit proves good, bad news  The housing recovery law enacted late last month included good news in the temporary $7,500 tax credit for first-time home buyers, but it also leveled a "double whammy” at a big part of the market in Oklahoma, a mortgage consultant said. That's from the buyer's side. On the seller's side in the meantime, houses priced right still sell quickly, a Realtor said. Bad news for buyersCertain ...

Pistons guard: Duplicitous or dupe in mortgage fraud?  Is Lindsey Hunter, the veteran guard of the Detroit Pistons, a victim of mortgage fraud? Or is he a perpetrator? That’s what twin investigations -- one by Wayne County, the other by the FBI -- want to determine.

UAE mortgage market set to reach Dh64 billion  DUBAI - The mortgage market in the UAE is poised to reach Dh64 billion over the next three years, posing a real challenge to the banking sector and home financiers in extending loans to property investors as more projects are delivered.

Two shootings, two deaths in Ontario in two days  ONTARIO, Oregon - The Ontario Police Department is investigating a fatal shooting that happened around 10 a.m. Sunday morning. Officers and paramedics found 20-year-old Apolonia Deleon dead from a gunshot wound.

Collateral damage  During its first 73 years, San Diego Metropolitan Credit Union never lost money on a real estate loan. That ended last year, when it wrote off $527,681 in bad real estate debt. The credit union also took a paper loss in 2007 as it bulked up reserves by more than $1 million. Reserves are funds set aside to cover possible loan losses.

Two Dead in L.I. Boat Race  The victims were taking part in the Battle on the Bay race on Great South Bay near Patchogue, the police said.

The Best Mortgage Deals Around  Sure, it's tough to get a mortgage today. But the Veterans Administration and FHA can help.

Rockets kill eight in northwest Pakistan: police   Suspected Taliban militants killed at least eight people Monday and wounded four others in a rocket attack in northwestern Pakistan's Swat valley, police said.

TREASURIES-Edge up in Asia on bargain hunting  * Bargain hunters emerge on dips in U.S. equity futures

Financial Focus: Shorter mortgage saves interest, loses tax and investment options  Q: Is a 15-year mortgage "better" than a 30-year mortgage i.e. saved interest?

Local family wins free mortgage for a year   A Town of Union Family is getting a new lease on life...well better make that a new mortgage.

How to come up with money you need  This economy has left people behind on credit card bills, short on mortgage payments and low on cash to cover basics like gas and food. Those are gaps in the budget that have to be filled, and too often, people are raiding their 401k to come up with the extra money.

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