Mortgage owners ‘facing shortfall’ (Evening Standard)
Homeowners with endowment mortgages are facing an average shortfall of £7,057 between the maturity value of their property and the mortgage it needs to repay, research showed today.
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Enforcement of mortgage rules spotty (The Wichita Eagle) The Federal Reserve's proposals this week to address deception and fraud in mortgage lending will all be for naught unless the states, the Fed and other federal agencies tighten
D.A. convicts two contractors Ventura County District Attorney Gregory Totten announced recently that the office's Consumer and Environmental Protection Division recently obtained two convictions for violation of the California contractors' ...read more...
UK house prices 'fell 2% in June' UK house prices fell by 2% in June, according to the UK's biggest mortgage lender, the Halifax.read more...
Mortgage stress for 750,000 homeowners (Daily Telegraph) PRIME Minister Kevin Rudd said today he was well aware many Australians are facing mortgage strain.read more...
Boomers not satisfied with 'copy cat' design Today's baby boomers have reached a time in their lives when they are no longer satisfied with "copy cat" design.read more...
BER joins reverse mortgage market (Stuff) Competition for the $150 million reverse mortgage market is heating up with the arrival of Australian company Bluestone Equity Release.read more...