Virgin out to give rival mortgage providers a bath (The Courier Mail) SIR Richard Branson's Virgin brand burst on to the mortgage scene yesterday, announcing its brash intention to win 5 per cent of the total Australian home lending market.read more...
Tax cuts blamed for mortgage rate rises (Stuff) Big banks are pushing up some fixed mortgage interest rates and deposit rates, blaming bigger-than-expected tax cuts announced last week.read more...
UBS exposed to New Century subprime loans Swiss bank UBS said it had exposure to troubled United States subprime lender New Century Financial, becoming the latest European bank to become embroiled in the U.S. mortgage market.Commentread more...
US foreclosure filings surge 48 percent in May In this May 9, 2008 file photo, a foreclosure sign stands outside an existing home on the market in Denver.read more...
Rash of mortgage failures may create economic nightmare (Daytona Beach News-Journal) Soaring mortgage default rates this year already have shaken major financial institutions and the fallout from more of them, some experts say, could spread from those already battered banks into
Buying, selling still booming along A carpenter frames a new home Thursday on Wildridge Road East in Wildridge two miles north of Avon.via
KINGS BEACH, California Four beaches have reopened on Lake Tahoe’s north shore after 120-thousand gallons of raw sewage spilled into the lake earlier this month.
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