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Bad Home Loans Weigh on Guaranty Bank - LoanSafe


Bad Home Loans Weigh on Guaranty Bank
LoanSafe
(Source: Paul Gores Milwaukee Journal Sentinel (MCT) — Guaranty Bank, which profited for years making mortgages and home-equity loans to consumers, now is struggling just to post a profitable quarter. The Brown Deer-based lender, the ninth-biggest ...

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ResCap to Stop Funding $1.7 Billion in Home Equity Loans - San Francisco Chronicle


ResCap to Stop Funding $1.7 Billion in Home Equity Loans
San Francisco Chronicle
May 15 (Bloomberg) -- Residential Capital LLC, the bankrupt mortgage company indirectly owned by the US government, won court approval to quit funding $1.7 billion in consumer home equity lines of credit to conserve cash. US Bankruptcy Judge James Peck ...

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A Real Estate Firm's History Is Told in Its New Home - New York Times


New York Times

A Real Estate Firm's History Is Told in Its New Home
New York Times
With its modestly priced ($8 million) but intensively conceived new headquarters, Rechler Equity has remade its original workmanlike home into a building with a 40-foot-high atrium, transparent glass and steel conference rooms.

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SMART MONEY: New owner obligated to pay loan - Daily Local News


SMART MONEY: New owner obligated to pay loan
Daily Local News
I have continued to pay the home equity loan each month as always. I want to shop around for new (cheaper) home insurance. My current insurance company lists me as the owner of the house. Do you know if I am liable for this home equity loan?

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The Business Finance Store Discusses Financing a Business Through Home Equity - San Francisco Chronicle (press release)


The Business Finance Store Discusses Financing a Business Through Home Equity
San Francisco Chronicle (press release)
For those who own a home and a business, borrowing against their home may seem like a viable option when money is tight. However, for many home equity loans or lines of credit may not be the best option as it puts their home on the line. In the recent ...

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