Finance
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Union Bank Touts New ‘Two Step’ Mortgage Loan
Dec 12, 2007Union Bank of California, N.A., said late Wednesday it has introduced a ‘Two Step’ mortgage, featuring a 40-year total term with a fixed rate of interest for the first 15 years and then a one-time adjustment for the remaining term. The program is available for any loan amount up to $5 million and even higher on a case-by-case basis, the San Francisco-based bank said, and offered in California, Oregon and Washington.
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Triple Play: Bank of America, Wachovia, PNC Warn on Q4 Earnings
Dec 12, 2007 -
Freddie Introduces ‘Market Condition Delivery Fee’
Dec 11, 2007 -
Fannie and Freddie: No Recovery for Housing Until 2010
Dec 11, 2007 -
House Judiciary to Consider ‘Compromise’ on Mortgage Bankruptcy Reform
Dec 11, 2007 -
S&P Downgrades Indymac to Junk
Dec 11, 2007 -
H&R Block: Losses Soar on Option One Debacle
Dec 11, 2007 -
The Dreaded “R” Word, Again
Dec 10, 2007 -
NAR Calls Bottom for Existing Home Sales; Pending Sales Increase
Dec 10, 2007 -
WaMu Stunner: Slashes Dividend, Will Lay Off 3,150 Amid Worsening Housing Conditions
Dec 10, 2007
