Archive for March, 2009

Moody’s Downgrades Centex Home Equity Loan Trust 2001-B
The Alacra Store (subscription)

Global Credit Research Rating Action 20 MAR 2009 Rating Action: Centex Home Equity Loan Trust 2001-B Moody’s Downgrades Centex Home Equity Loan Trust 2001-B New York, March 20, 2009 — Moody’s Investors Service has downgraded three. …

Pre-Pay Mortgage: What You Need To Know
bankingMyway.com, WI

But to get that money you would have to sell the property or take out a new loan, such as a home equity loan. Money put into other investments, such as stocks, bonds, mutual funds and bank savings, is much easier to get at. Prepayments can be made at …

Mortgage brokers in a rate crunch
Lancaster Newspapers, PA

Some people may have a home-equity loan or second mortgage they can consolidate with a refinanced primary mortgage, Neiss said, or they might want to investigate cash-out financing to pay down credit-card debt. The cost of refinancing usually runs 2 to …

Home equity loans
ABC 4, Salt Lake City

A home equity loan is money borrowed against the value of your home beyond the amount you owe on it. Home equity loans are sometimes preferable to other forms of credit because they commonly have lower interest rates than credit cards or other …
Home equity loans: Meet your varied needs Search By Headlines (press release)
all 5 news articles

Home Equity Loan Can Be an Obstacle to Refinancing
TheStreet.com

But even if you have excellent credit and plenty of equity, there might be one last obstacle to overcome: your home equity loan. There’s a hierarchy in the lending world that describes which lenders get paid first in the event of a default. …