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Lower interest rates appear to be luring more homeowners to the table to refinance. The number of mortgage applications rose by a seasonally adjusted 2.3 percent for the week ended May 15, according to the Mortgage Bankers Association . The Market ...

Refinancing when property value falls - Chicago Tribune
Can you refinance your mortgage loan when you owe more on the property than its current home value? Your mortgage lender may be more likely to grant you a mortgage loan modification or refinance since the federal government has been offering ...

Deeds Of Trust

Germany ponders fate of ailing Arcandor - Financial Times
Berlin will decide as early as next week whether to give Arcandor , the ailing German retailer, a 650m ($894m) government loan-guarantee or force it to merge its Karstadt department stores with Kaufhof, owned by rival Metro . Senior officials told ...