Berkeley Mortgage Refinance and Information Online from competing Lenders

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Berkeley profs call for quick economic action - San Francisco Gate
Friday, October 3, 2008 "Fixing this program is now very urgent," said Barry Eichengreen, professor of economics and political science. "It's time for the Congress and the public to come to their senses and realize there are more important things to ...

John McCain's new foreclosure plan is a giveaway to the banks - New York Daily News
Tuesday night, reaching for a populist answer to the economic crisis that has put the country and incidentally his campaign on its heels, John McCain said that were he President, "I would order the secretary of the treasury to immediately buy up the ...

Greyhounds and bloodhounds - Berkeleyan Online
BERKELEY — As an economic historian, observed Barry Eichengreen last Thursday, “every time the market turns down I get phone calls from journalists with the ‘Could it happen again?’ question,” the “it” being another Great Depression ...

BofA OKs foreclosure relief for Californians - San Francisco Gate
Tuesday, October 7, 2008 The pact stems from cases filed earlier this year by California and other states, alleging Countrywide, based in Calabasas (Los Angeles County), used misleading advertising and unfair business practices to dupe customers into ...

Bank of America announces rescue plan for Countrywide borrowers - Santa Cruz Sentinel
A massive $8.4 billion homeowner rescue plan announced Monday by the Bank of America will provide some relief for an estimated 125,000 Californians who are having trouble making payments on sub-prime loans and other risky mortgages from Countrywide ...

Housing Department - City of Berkeley
If you are facing foreclosure on your home, there are resources available to help. Don't wait - seek help now!   The City of Berkeley offers these web links as potential resources to assist people who are directly or indirectly affected by the ...

Fed takeover may not change home prices much - San Francisco Gate
Tuesday, September 9, 2008 Moderately lower interest rates on new mortgages could make refinancing and purchasing more affordable for solid credit borrowers who can qualify for the type of loans that Fannie and Freddie buy and back. The takeover ...

Site Presented By - Salon
After the worst day ever for the Irish stock exchange, on Tuesday, Ireland guaranteed all the debt and deposits of all domestic banks for two years, citing "a serious disturbance in the economy caused by the recent turmoil in the international ...

Gov't announces loan to save AIG - KGO
NEW YORK (KGO) -- According to the New York Times, the Federal Reserve agreed to step in and help the company avoid bankruptcy, by loaning AIG $85 billion and taking an 80 percent stake in the firm. AIG is neck deep in the mortgage crisis and ...

Mortgage brokers, real estate agents say interest rate drop is ... - Inside Bay Area
This week's fast decline in mortgage interest rates has created a surge of activity at Bay Area mortgage companies as homeowners ponder refinancing and buyers decide whether to lock in a loan rate. Rates for borrowers with the best credit dropped ...

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  • Refinancing: The repaying of a debt with the proceeds from a new loan using the same property as collateral. The reason for refinancing is to get a lower interest rate.

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