Abbey faces endowment mortgage fine (Financial Times)
Abbey National, the UK’s second-biggest mortgage lender, faces being fined by the financial regulator for its poor handling of endowment mortgage complaints.
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As adjustable rates soar, mortgage applications sink (Seattle Times) The interest rate charged for one-year adjustable loans jumped last week by the most since the Mortgage Bankers Association began keeping...read more...
Faux bois for real "I was drawn into the whole woodiness of it, the idea that you can sculpt some concrete into forms that replicate wood and that won't decay and won't get attacked
Stonegate Mortgage Announces New Senior Loan Officer (SYS-CON Media) Stonegate Mortgage, a private MortgageBank specializing in conforming and non-conforming loans, has announced theaddition of Joshua D. Paul to the position of Senior Loan Officer. Mr.Paul will be responsible for
HBoS on course to bank forecast-busting profits ALISTAIR MCARTHUR HBOS, the Edinburgh-based banking giant, today announced it was on course to exceed market expectations for pre-tax profits of 4.74 billion, thanks to growth in its insurance and
Mortgage applications rise again (Detroit News) U.S. mortgage applications rose for a fourth week in five as cheaper borrowing costs led to more home purchases and refinancing, a private report showed today.via
Scandal in banking sector A t the recent meeting of the Caribbean Association of Indigenous Banks, held in Port-of-Spain, Trinidad, November 15-18, a director in one of the leading banks in the Caribbean bemoaned