May 31, 2006

Weekly Home Mortgage Rates 

Filed under: Credit Counseling Tips — admin @ 10:47 pm

Weekly Home Mortgage Rates 
Weekly Home Mortgage Rates

Byte Software Expands Credit Information Partners; LOS Offers Users Additional Access to Credit Information 
Byte Software, a leading provider of loan origination software (LOS), continues to actively build its credit partner interfaces. Recently, Byte announced access to four additional credit companies.

Ten charged for mortgage loan fraud 
MADISON COUNTY According to the U.S. Attorney’s Office, Southern District of Mississippi, 10 individuals have been charged in a multi-million dollar mortgage fraud scheme.

Highest Converting Home Loan Offer 
FreeHomeLoanFinder is now the highest converting home mortgage, home refinance, home equity and new home purchase offer available in the CommissionSoup affiliate network. When marketing this program, affiliates are paid what the lead is worth that day instead of a flat rate for all leads. Nearly all leads are used and therefore affiliates are paid more for their traffic. (PRWEB May 31, 2006)

Mortgage loan aid available in hurricane-affected counties 
Families in 11 counties can benefit from a low 5.275 percent mortgage interest rate and down payment assistance now available through the Alabama Housing Finance Authority.

Fitch Rates $515.6MM GSR Mortgage Loan Trust 2006-5F 
NEW YORK—-May 30, 2006–Fitch rates GSR Mortgage Loan Trust, series 2006-5F, residential mortgage pass-through certificates as follows: $497,513,214 classes 1A-1, 2A-1 through 2A-6, 3A-1 through 3A-7, 4A-1, 4A-2, 5A-1, A-P, and A-X ‘AAA’; $3,881,000 class M-1 ‘AA+’; $6,978,000 class B-1 ‘AA’; $3,101,000 class B-2 ‘A’; $2,067,000 class B-3 ‘BBB’; $1,292,000 class B-4 ‘BB’; $775,000 class B-5

Home loan demand falls as interest rates climb 
U.S. mortgage applications fell last week, reflecting a decline in home refinancing loans as interest rates climbed, an industry trade group said on Wednesday.

Minorities pay more for subprime mortgages 
African Americans and Hispanics are more likely to pay higher rates for subprime mortgages than white borrowers, even with similar qualifications and risk factors, a new study showed on Wednesday.

Minorities pay more for subprime mortgages: study

Filed under: Credit Counseling Tips — admin @ 10:05 pm

Minorities pay more for subprime mortgages: study
Reuters - WASHINGTON (Reuters) - African Americans and Hispanics are more likely to pay higher rates for subprime mortgages than white borrowers, even with similar qualifications and risk factors, a new study showed on Wednesday. The Center for Responsible

Can-do attitude sparks business growth
San Diego Daily Transcript - If you measure a company’s success by its ability to steadily increase revenues and expand, then clearly El Cajon-based Can Do Electric was aptly named by owner Bob Cantrell 17 years ago. “I started the business in a spare bedroom in my house,” said

Why You Shouldn’t File for Bankruptcy

Filed under: Credit Counseling Tips — admin @ 9:17 pm

Why You Shouldn’t File for Bankruptcy
MSNBC - May 25, 2006… 24%). Even once the bankruptcy has cleared from your credit report, it may take much longer to repair your FICO score. Further, many …

Garage door broken? Don’t get overcharged for repairs
Fort Worth Star Telegram, TX - May 28, 2006… Forty complaints were listed against it - 36 were customer-service issues, two were credit or billing issues and two were repair or service issues. …

Heroine kept quiet on war role 

Filed under: Credit Counseling Tips — admin @ 8:42 pm

Heroine kept quiet on war role 
Rose Rinella Harmer was a down-to-earth woman, and her account of her service in World War II is straightforward, unpretentious and elegant in its simplicity.

Borrowers keep returning to payday lenders 
Revolving-door loans have become quite common in the growing payday industry, which is permitted to charge interest at triple-digit annual average rates in about 38 states, consumer groups say.

Church World Service Responds to Java Quake 
YOGYAKARTA, Java, Indonesia, May 30, 2006 — With local staff throughout Indonesia, global humanitarian agency Church World Service responded almost immediately following Saturdays 6.3-magnitude earthquake that rocked the island of Java, killing more than 5,400. Church World Service (CWS) is a member of the Action by Churches Together (ACT) Alliance, which is also responding to the disaster.

Upkeep of roads, sewers a concern 
It is kind of like buying your groceries on a credit card. The bill lasts a lot longer than the food does.

Tech school madly popular with CHRHS students: One out of six attended Rockland school this year 
ROCKLAND (May 31) - Fifteen years ago directors of the Camden-Rockport school district used to complain about having to financially support the technical school in Rockland, because almost none of their high school students attended there.

Chatological Humor* 
* Formerly known as “Funny? You Should Ask .”

Gas Leak Forces Closure Of U.S. 64 In Apex 
A natural gas leak has forced crews to shut down all lanes in both directions of U.S. 64 in Apex.

Scam Stoppers: Bogus Drug Plan & Credit Doctors

Filed under: Credit Counseling Tips — admin @ 7:48 pm

Scam Stoppers: Bogus Drug Plan & Credit Doctors
Eyewitness News Memphis,  USA - May 5, 2006… remove information from your credit report. A credit-repair firm can’t do anything for you that you can’t do yourself for free. …

Credit Report Coach: New Web Interface for Easy to Find …
Emediawire (press release), WA - 7 hours ago… This is one of our most important goals as a consumer advocate in the credit industry helping folks repair and or safeguard the good credit they’ve earned.”. …

Mesa business briefs.
Arizona Republic, AZ - 20 hours ago… Topics covered include budget and savings, how to repair your credit, how to qualify for a home loan, types of properties and mortgages, the mortgage that is …

OSBI investigates Checotah mayor
Muskogee Daily Phoenix, OK - May 25, 2006… Strome told the Phoenix he had hit the wrong number on his credit card machine, making the … The city paid $4,425.68 to repair the Chevy Suburban in December. …

Eurotunnel unveils “make or break” debt deal 

Filed under: Credit Counseling Tips — admin @ 7:17 pm

Eurotunnel unveils “make or break” debt deal 
PARIS/LONDON (Reuters) - Anglo-French Channel tunnel operator Eurotunnel unveiled its long-awaited debt restructuring on Wednesday, backed by three international banks, and warned it would go bankrupt without it.

Royal Caribbean Redeeming Debt 
Royal Caribbean Cruises Ltd. said Wednesday it plans to pay about $543 million to redeem its outstanding liquid yield option notes due in 2021. The cruise line operator does not expect the transactions to materially affect earnings per share.

RH Donnelley Hedges Debt 
Directories publisher R.H. Donnelley Corp. said Wednesday it engaged in $1 billion of interest rate swaps that hedge some of its debt against rising interest rates.

(AFX UK Focus) 2006-05-31 18:35 GMT: Eurotunnel junior bondholders to reject debt reduction deal - Arco 
PARIS (AFX) - Eurotunnel bondholders group Arco, whose members hold one-third of the company’s debt and represent 60 pct of its creditors, said it will reject the debt restructuring deal presented by chairman Jacques Gounon earlier today.

Average debt for college at $19,000 
WASHINGTON — New government statistics show that nearly two of every three undergraduate students are going into debt to attend college, and end up owing an average of more than $19,000 — most often to the government.

Debt-hit NHS trust axes 300 posts 
A health trust is to lose the equivalent of 300 jobs by reducing the use of bank and agency staff.

TeleCable, Nortel Provide Cajastur Savings Bank with Secure Private Network 

Filed under: Credit Counseling Tips — admin @ 6:38 pm

TeleCable, Nortel Provide Cajastur Savings Bank with Secure Private Network 
Madrid, Spain (ots/PRNewswire) - - Single Network Carries Bank’s Data, Voice, Video and Internet Access Communications Across 100 Locations MADRID, Spain, May 30 /PRNewswire/ — Spanish telecommunications provider TeleCable is …

FTSE rebounds after dip as utilities gain 
LONDON (Reuters) - Leading shares bounced into positive territory on Wednesday, reversing direction from initial losses as consolidation hopes in the utility sector boosted stocks such as International Power , while insurer Friends Provident , rose after an analyst upgrade and financials generally added support.

GE and Segway Put New Consumer Finance Program in Motion 
ST. PAUL, Minn. & BEDFORD, N.H.—-May 31, 2006–GE Consumer Finance’s Retail Sales Finance unit and Segway Inc. today announced a new multi-year relationship to provide revolving financing on the purchase of Segway Human Transporters and accessories under GE’s FUNancing Card program.

KUB posts smaller losses in 1Q 
KUB Malaysia Bhd posted a smaller net loss of RM4.57 million for the first quarter ended March 31, 2006 from a net loss of RM6.06 million a year ago partly due to the one-off RM1 million ex-gratia payments to former group chairman Datuk Hassan Harun.

(AFX UK Focus) 2006-05-31 09:09 GMT: Corus Group stays tight-lipped on renewed merger speculation 
LONDON (AFX) - Corus Group PLC, the Anglo-Dutch steel maker, today stayed tight-lipped about the latest round of consolidation sweeping the sector and refused to comment on whether it could become vulnerable to a bid from Mittal Steel Co NV, should its 25.8 bln eur takeover for Arcelor fail.

Market Action Slips Away From Coasts

Filed under: Credit Counseling Tips — admin @ 5:41 pm

Market Action Slips Away From Coasts
Could the real estate action be shifting to the heartland, the vast swath of middle America that wasn’t really touched by the hyperinflationary housing boom?

Student Loan Consolidation - Your Education May Come At A High Price

Filed under: Credit Counseling Tips — admin @ 4:57 pm

Student Loan Consolidation - Your Education May Come At A High Price
Students on average, borrow around $10,000 in loans. Student loan consolidation gives you many benefits. Most payment plans for student loan consolidations are flexible. There is no payment fee required to have you student loans consolidated. The procedure of applying for a student loan consolidation is very simple.

Choosing Cash Back Credit Cards
Many merchants and large department stores offer their customers credit cards with a cash back option, hoping that the credit cards will entice their customers to do more of their shopping in their particular store, and charge their purchases with the credit card in order to receive the cash back reward instead of making purchases with cash.

The Advantages Of Department Store And Gas Station Credit Cards
If you are attempting to rebuild damaged credit, department and gas station credit cards may be a good solution. As opposed to bank credit cards, gas and department store cards are easier to be approved for and even if your credit is damaged, you may qualify.

Making Sense Out of Your Credit Card Statement
Whether you are new to the world of credit cards, or a seasoned veteran, understanding the information in your credit card statement can be confusing. There is a lot of information packed onto a single page, and if you ve never taken the time to review your statement in detail, it may be a good idea for you to do so.

Debt Consolidation UK Solving Multiple Requirements
Debt consolidation UK provides help to people who have taken multiple loans from different people and now are having difficulties in paying them back. It provides solutions and guides the borrowers towards an easy way to tackle these problems. There are a few advantages of debt consolidation UK as well which we can know once we decide to go through this mode of paying of our debts.

Help Your Small Business Succeed with a Credit Card
Six of the many ways in which a small business credit card can help your business to operate more smoothly and improve your bottom line.

Debt Consolidation May Be More Important Than You Think
Learn the 5 steps to debt consolidation and taking action today. Cost are only rising and time is right for getting out of debt.

Foreign-Investment Bill Advances
Seeking to apply lessons from the Dubai ports controversy, an influential Senate panel yesterday approved a bill that would tighten scrutiny of foreign takeovers while dropping several provisions that U.S. business leaders feared would dampen investment from abroad.

Get Another Debt to Be Debt Free?
To be debt free, you don’t need to subscribe to another debt. Amazing, how people think. People seems to like those “debt consolidation services,” and they are becoming very popular offline and online…

FuelCell Energy (FCEL) Announces Loan Agreement with Bridgeport …

Filed under: Credit Counseling Tips — admin @ 4:46 pm

FuelCell Energy (FCEL) Announces Loan Agreement with Bridgeport …
StreetInsider.com (subscription), MI - 4 hours agoFuelCell Energy, Inc. (Nasdaq: FCEL) announced that the Connecticut Clean Energy Fund has signed a loan agreement with Bridgeport Fuel Cell Park, LLC for pre …

Pyaterochka’s loan deemed unwise
RosBusinessConsulting, Russia - 10 hours ago… 06.Russian retailer Pyaterochka did not choose the most convenient or the cheapest available financial instrument when it sought an $800m loan, analysts told …

DA On Loan Again?
Vitalfootball, UK - 19 minutes agoPompey are looking at a loan deal for a year with the player signing for Pompey after that. D’Alessandro wants to quit the German …

Action 9: School Bankruptcy Threatens Woman’s Student Loan
WSOCtv.com, NC - May 30, 2006… tale. It sa threatening letter from a collection agency claiming Graff is in default on an $8,000 loan from the US government. …

Mam cautions artists on loan deadlines
The Nation, Malawi, Malawi - 7 hours agoThe Musicians Association of Malawi (Mam) Southern Chapter says June 30 deadline for all artists to repay loans the association gave them. …

Cosmote issues EUR 1.6 bln bond loan for Germanos purchase
Telecom Paper (subscription), Netherlands - May 29, 2006Greece-based mobile operator Cosmote’s Board of Directors approved the issuance of a bond loan for an amount up to EUR 1.6 billion, with JPMorgan Chase Bank …

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