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Loans

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Top Loans Articles

Displaying items 34-44
  • Strategic default may help seriously underwater homeowner

    By Ilyce Glink and Samuel J. Tamkin Q: My husband and I purchased a condo in Atlanta in 2006 with an 80/20 loan, the 20 percent being a home equity loan. The 80 percent primary loan is a Fannie Mae loan with a five-year initial period that is fixed-rate...
  • Rare T. rex rests its bones at Smithsonian's Museum of Natural History

    Rare <i> T. rex </i> rests its bones at Smithsonian's Museum of Natural History
    WASHINGTON -- After a grueling 48-hour drive from Montana, the capital's latest transplant -- a 38-foot long, 66 million-year-old Tyrannosaurus rex skeleton -- got to rest its bones Tuesday at the Smithsonian’s National Museum of Natural History....
  • Colonial Realty's Founders Bilked Nearly 7,000 Investors

    Colonial Realty's Founders Bilked Nearly 7,000 Investors
    Bernard Madoff's investor fraud took the Ponzi scheme to a new level, but it wasn't so long ago that Connecticut had its own infamous fraud case tied to some of Hartford's most well-known real estate: Colonial Realty Co. And in the two decades since...
  • Student debt holds back many would-be home buyers

    Student debt holds back many would-be home buyers
    Sarah Luna wants to buy a home in up-and-coming northeast Los Angeles before it's too late. At 31, she has a master's degree and earns more than $70,000 as a court reporter and freelance editor. She daydreams about trading the Glendale apartment she...
  • Simsbury Bank Posts Lower Quarterly Profits

    SBT Bancorp Inc., parent of Simsbury Bank & Trust Co., posted sharply lower profits in the second quarter, as higher mortgage rates significantly slowed home loan refinancing, the bank announced Thursday. The bank said net income for the quarter ended...
  • Take a retirement annuity or a lump sum?

    Dear Liz: I am 54 and considering retiring in three or four years. I have been fortunate to work at a Fortune 100 company for 30-plus years and have both a defined benefit pension plan and a 401(k). When I retire, we have the option of taking a lump sum...
  • Cellmate: Ex-prison doc talked about shooting judge

    PHILADELPHIA — The long, strange story of Dr. Erik von Kiel took a sinister turn Tuesday as his cellmate testified about the former Lehigh County Jail doctor's jailhouse talk of intimidating witnesses and assassinating a federal judge. Von Kiel,...
  • CIT Group to buy Pasadena lender OneWest Bank

    CIT Group to buy Pasadena lender OneWest Bank
    Pasadena's OneWest Bank, which rose from the ashes of failed high-risk home lender IndyMac Bank, agreed to be bought by commercial lender CIT Group Inc. in a $3.4-billion deal that would create the biggest bank based in Southern California. The...
  • Gyasi Zardes' goal is enough in Galaxy's 1-0 win over Real Salt Lake

    Gyasi Zardes' goal is enough in Galaxy's 1-0 win over Real Salt Lake
    The Galaxy slowly but steadily has climbed toward playoff contention in Major League Soccer's Western Conference, even if the club hasn't been winning most of its games lately. Entering Saturday night's match against Real Salt Lake, the Galaxy was...
  • With Citigroup paying up, will feds' attention now turn to BofA?

    With Citigroup paying up, will feds' attention now turn to BofA?
    With Citigroup Inc. agreeing to pay $7 billion for issuing toxic mortgage securities, the Justice Department now turns to settling its case against what analysts call the biggest mortgage miscreant of all: Bank of America Corp. The government has...
  • Debt-to-income ratio can sink mortgage application

    WASHINGTON — For many home buyers, qualifying for a mortgage not only is a tough challenge but one that ends unhappily: They get rejected. The reasons for the turndowns typically involve multiple factors, including below-par credit scores,...