Narula’s Hedge Fund Sees Risk in Mortgage Bonds After Recording 28% Gain

Narula’s Hedge Fund Sees Risk in Mortgage Bonds After Recording 28% Gain Now the New York-based firm is seeking to protect against one of the “biggest” risks in the $5.2 trillion market for agency mortgage bonds, Narula wrote in a July 22 letter to investors. Read more on Bloomberg

Can I get a home equity loan at the same time or immediately after I get a home loan?

I am a first time home buyer and I want to take advantage of a home equity loan at the same time or immediately after getting my first home loan. Although I am getting a loan for the full amount of the cost of the house, the house has been appraised for more than I [...]

After purchasing a home, how long must I wait before I can be approved for a Home Equity Loan?

I’m interested in buying an invesment property but the home needs a little work. I’d like to get a Home Equity Loan to cover some of the renovation costs. Would I be able to get a Home Equity Loan immediately after closing on the mortgage? If not how long must I wait before being approved [...]

Beazer shares fall after stock offering announced

Beazer shares fall after stock offering announced Shares of Beazer Homes USA Inc. fell sharply Tuesday, a day after the homebuilder announced a stock and equity offering. Read more on AP via Yahoo! News

Is it true you can get a home equity loan after 30 days?

How long do you have to live in a home that appraised higher than what you paid to get a home equity loan? Our credit is now damaged, is it still possible?

What are the alternatives after being denied a HELOC / Home Equity Loan from a Sub prime Lender?

Lets assume that you were denied for cashflow concerns or poor credit and that you had roughly 50K in equity in the home and you needed a loan for around 5-10K. In addition what type of rates would these alternatives charge? The reason I ask is bc I understand that sub prime lenders denied loan [...]

How Soon Can I Take Out a Home Equity Loan or Refinance After a Cash Purchase of a Foreclosure?

The house is only 10k. So if I pay 10k cash, how fast can I do a home equity loan for that 10k? I need to make repairs as it is a foreclosure in poor condition. Can I do a refinance loan and get more than I even paid for it if it appraises higher [...]

How long after buying a home will i be able to take out a home equity loan?

I am wanting to buy my first home and the home i found needs work. I want to take a home equity loan out to make the repairs but i dont know what kind of time frame i will be looking at to get one. Any advice would be much appreciated.

Cloquet Family Gets Habitat Home After Tragic Year

Cloquet Family Gets Habitat Home After Tragic Year Habitat for Humanity helps families one house at a time. This weekend, a Cloquet family received a habitat home after a very hard year. Dave Anderson has their story. Read more on Northland’s News Center

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