Thursday, September 15, 2005

Stocks fall as existing home sales (Home Equity News) slide


Stocks fall as existing home sales slide
AP via Seattle Post Intelligencer - Wall Street drifted lower Tuesday as existing home sales slid and volatile oil prices exacerbated a hit if home prices decline, since a raft of home equity loans have put

Negative equity guarantee for the elderly
What Mortgage - Negative equity guarantee for the elderly New figures from Safe Home Income Plans (SHIP) show that it would take over 30 years for a property with a lifetime mortgage to fall into negative equity.

Cadbury kicks off $2.2 bln Schweppes sale--sources
Reuters - A line-up of private equity firms including British houses BC Partners, Permira, Cinven, CVC Capital Partners Sachs to sell the business -- home to brands such as Schweppes tonic

Avoid temptation to tap retirement savings
Lexington Herald Leader - include borrowing from relatives and friends, tapping a home equity line of credit or seeking a personal loan from

Strong housing seen driving ABS to record volume
Reuters - all spurred a continuous pipeline flow in the home equity sector, the primary driver behind this year's record class, backed by pools of home equity, auto, credit card and student