Dog bites drive up insurance payouts; premiums could be next – USA Today
Put a muzzle on your mutt, or your insurance premium might go up. Dog bites accounted for more than one-third of homeowners insurance liability claims paid in 2011, costing nearly $479 million in the U.S., according to the Insurance Information Institute.
New federal rules could speed up short-sale process
Homeowners can expect a response from their bank on a short-sale offer within 30 business days, with a final decision taking no more than 60 days, if their loan is owned by Fannie Mae or Freddie Mac. WASHINGTON — If you’re one of the estimated 11 million homeowners burdened with an underwater mortgage, a new [...]
Timeshare Owners Beware: Resale Scams Could Cost You – Yahoo Finance
The timeshare owner is asked to sign a contract and pay a transaction fee – usually with a credit or debit card – before the alleged sale can proceed. But after the contract is signed and the fee collected, the timeshare owner rarely is …
Fitch: Ally’s Debt Extension Could Signal ResCap Resolution – CNBC.com
Fitch: Ally's Debt Extension Could Signal ResCap ResolutionCNBC.comWe expect ResCap will experience ongoing liquidity pressure as debt maturities continue, including both the debt facility that was extended today as well as $338 million of total unsecured debt scheduled to mature in 2012, beginning in May.and more »
TEXT-Fitch: Ally’s debt extension could signal Rescap resolution – Reuters
TEXT-Fitch: Ally's debt extension could signal Rescap resolutionReutersWe expect ResCap will experience ongoing liquidity pressure as debt maturities continue, including both the debt facility that was extended today as well as $338 million of total unsecured debt scheduled to mature in 2012, beginning in May.and more »
Fannie and Freddie could save by reducing principal, study says
The Federal Housing Finance Agency, the regulator of Fannie Mae and Freddie Mac, says they could save $1.7 billion by reducing the amount some homeowners owe on their mortgages. WASHINGTON — Fannie Mae and Freddie Mac could save $1.7 billion by reducing the amount that some underwater homeowners owe on their mortgages, according to a [...]
FHA rule change on ‘collection’ accounts could hurt home buyers
The FHA says it will no longer approve applications for home financing when the borrowers have outstanding collections or disputed accounts with an aggregate of $1,000 or more of unpaid bills. WASHINGTON — A little-noticed mortgage rule change that took effect April 1 could create hassles for significant numbers of home buyers who plan to [...]
Homeowner association could be sued in Trayvon Martin case – Courier-Post
But his clearance or acquittal wouldn’t stop Martin’s parents from suing The Retreat at Twin Lakes homeowners association — and its insurance policies and assets would make it a much more lucrative target than Zimmerman, even if he is …
Time Warner Cable, Fox could face off in Dodger sale
(Reuters) – As bidding for the Los Angeles Dodgers enters its final innings, News Corp's Fox sports unit and Time Warner Cable are headed toward what could be a multi-billion dollar showdown over the rights to telecast the franchise's games.
A biting dog could increase homeowner’s insurance – Pittsburgh Post-Gazette
Homeowners might want to think twice before bringing a dog into the house. Some insurance companies will be less than thrilled to hear about the new pit bull, the Rottweiler puppy or even the energetic Dalmatian because dog bites are on the rise and they …