Oakwood Worldwide, the leading, global temporary housing provider, helps take the hassle out of locating temporary housing for displaced homeowners affected by the fires throughout California. Oakwood Worldwide is helping families find furnished apartments and homes with immediate occupancy, giving them a home-away-from-home feel along with expert assistance in working through the payment and reservation details with their insurance companies. “Doing...
The Equality Act of 2007 sought to end discrimination against gays applying for insurance in Britain. When insuring couples, companies are required to evaluate gay marriages (officially known as “civil partnerships”) in exactly the same way as they would heterosexual ones. The Association of British Insurers (ABI) confirmed their adherence to this in July. http://www.noclaimsdiscount.co.uk [NoClaimsDiscount.co.uk] has found that in practice,...
Mobile home owners and renters often choose to go without property insurance, potentially exposing them to catastrophic losses such as those suffered in Southern California’s weekend firestorms. Nearly 500 manufactured homes and more than 80 apartments were destroyed in the fires. While it’s unclear how many were uninsured, about 82,000 – or 25 percent — of the state’s mobile homes don’t carry insurance, according to a Sacramento Bee...
The U.S. Department of Housing and Urban Development HUD recently implemented new regulations for the HECM (Home Equity Conversion Mortgage) loan, increasing the federal insurance of that product. As a result, the FHA now will be insuring their reverse mortgage loans at a higher loan limit than before. Generation Mortgage Company(TM) has responded and is pleased to announce an increase in its lending limits. Earlier this month, the U.S. Department...
With foreclosures gripping the nation, many “baby boomers” & senior citizens are finding themselves also falling-behind on their monthly mortgage payments. Sometimes it’s due to an upwardly-adjusting interest rate on their existing “forward,” or “regular” mortgage. Or, maybe they simply don’t have enough money saved for their retirement. Well, in speaking with Scott Tucker, reverse mortgage expert...
No matter what the circumstances, from job loss or illness to changing market conditions, there’s a lot of stress a homeowner goes through in a foreclosure or a short sale of their home. As the Government takes action to stabilize the housing market, homeowners must understand the potential tax implications and new rules regarding these often once in a lifetime transactions. “It’s hard to believe, but prior to December of 2007, if...
IndyMac Federal Bank (IMFB), the Federal Deposit Insurance Corporation (FDIC), the City of Los Angeles and the Los Angeles Neighborhood Housing Services (LA NHS) are proud to announce the first in a series of free Home Preservation Days for customers of IMFB. The first such event will occur on Saturday, November 22, 2008 from 10:00 a.m. to 3:00 p.m. at the Marvin Braude Constituent Services Center at 6262 Van Nuys Blvd. in Van Nuys, California. At...
With a new administration, Washington, DC is in the midst of a housing transition and Marriott ExecuStay is ready with nearly 500 corporate apartments throughout the Washington, DC metropolitan area. A leader in corporate housing, Marriott ExecuStay has already begun assisting members of the transition teams with their temporary housing needs. Washington, DC is the largest corporate housing market in the country and with the administration change...
GEICO understands that renting a first apartment or home is an important milestone. With all of the excitement surrounding the big move, it’s easy for first-time renters to overlook safeguarding their personal belongings. Renters need to understand that their possessions are not insured under a landlord or commercial policy, but GEICO is here to make sure they are protected. “For as little as $12 per month, renters can protect their valuable items...
The Federal Home Loan Bank of San Francisco today announced the election of one director to a new term on its board. The Bank’s California members have elected incumbent director Timothy R. Chrisman for a four-year term beginning January 1, 2009, and ending December 31, 2012. Mr. Chrisman is currently chairman of the Bank’s board of directors and an officer of Pacific Western Bank, San Diego, California. About the Federal Home Loan Bank of San...