City Diary
THE London Stock Exchange is closed on Monday for the Bank Holiday, meaning there will be no results scheduled.
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Missed mortgage payment? Catch up, pronto Do everything you can, including delaying payments on unsecured debts, so you don't lose your home, says the Debt Adviser.read more...
A drink, some drugs, a killing When newlywed Melissa Paradise went shopping last Saturday, her husband David decided to do a little celebrating.read more...
Feds, banks to cap mortgage bills for some owners (Boston Herald) Government and banking officials are teaming up for the biggest push yet to prevent foreclosures: A plan to cap troubled homeowners' monthly mortgage bills at 38 percent...read more...
Hamish McRae: The £40bn question: do we bail out the banks to get the mortgage market moving? (Independent) In the next few days the Treasury and the Bank of England will announce their plan to rescue the mortgage market. It will be huge. The big number will
Heard About a Bargain Interest-Only Loan? It Was Just a Fairy Tale. One of the fairy tales borrowers frequently hear is that a loan carrying an interest-only option is priced better than the same loan without that option. read more...
House mortgage bill doesn't offer bailout (Bankrate.com via Yahoo! Finance) The Mortgage Reform and Anti-Predatory Lending Act of 2007 seeks to prevent borrowers and lenders from making dumb choices. It doesn't help troubled borrowers and lenders who made poor