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  2. homeowners

homeowners

Bill Offers Renewed HOPE for Troubled Owners

The Obama Administration on Wednesday signed a bill that attempts to inject some hope into the housing rescue program–called Hope for Homeowners.   The original program asked banks to reduce mortgage balances voluntarily to 90 percent of a home’s current market value. The loan would then be refinanced into an FHA mortgage. The program didn’t […]

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Foreclosure Plan Doesn’t Reach Everyone

Not everyone was a winner under the program to help troubled homeowners announced Wednesday by the Obama administration. The refinancing plan does nothing for people whose mortgages have dropped substantially in value because it’s limited to borrowers who owe no more than 5 percent more than their home’s current value. Borrowers who are severely underwater […]

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JPMorgan Chase Freezes Foreclosures!!!

“In what may the biggest sign yet that banks are getting serious about attacking the nationwide wave of home foreclosures, giant JPMorgan Chase (JPM) announced on Oct. 31 that it is sharply ramping up its efforts to restructure the loans in its massive mortgage portfolio. For the next 90 days, JPMorgan will not place any […]

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West End Neighborhood

Meeting tonight at the West End Library on Peeples street. 7PM! Nomination of officers for the year!! PLANS FOR W.E.N.D. Association’S COMMUNITY YARD SALE ARE IN PROGRESS The yard sale committee (John Pavlin and Percy Jackson) has selected the weekend of September 20, 2008 for the Community Yard Sale.   Participating residences in the West […]

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Weather Delays Some Louisiana Home Closings

Some closings in New Orleans were delayed by the impending hurricane, mostly because buyers waited until the last minute to secure a homeowner’s insurance policy. Robert Bergeron, president of Crescent Title, said about a third of the company’s closings were delayed. Most of the delays involved insurance issues, but in a few cases the buyers […]

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“My Big Amazing Renovation”, is coming to Atlanta!

One of HGTV‘s newest weekly series, “My Big Amazing Renovation”, is coming to Atlanta, GA and surrounding areas to film BIG, AMAZING, renovations! Each half-hour episode features some of the most incredible renovations throughout the country and the inspiring homeowners who roll up their sleeves and transform their current home into their dream home! We […]

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