Times Online
Data and charting from Hemscott unless otherwise indicated. Data delayed by at least 20 minutes Mortgage Mortgage selection: the best recent articles from The Times and Sunday Times Are we set for a recovery in …
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Mortgage company lays off employees after having planned to add to staff (BizJournals) Guardian Loan Co. Inc., a family owned Clifton Park mortgage company, has laid off 40 employees, according to an employee reached by The Business Review.read more...
Confessions of an Ex-Mortgage Lender (BusinessWeek Online via Yahoo! News) The Durham (N.C.)-based nonprofit Center for Responsible Lending estimated in July, 2001, that predatory mortgage lending is currently costing Americans more than $9.1 billion each year.read more...
Scotiabank posts record Q1 profit of $1.02B Scotiabank has posted a first-quarter profit of $1.02 billion, up 20 per cent from a year-ago $852 million and exceeding $1 billion for the first time.Commentread more...
FTC warns mortgage lenders to tell the truth in advertising (Tacoma News Tribune) WASHINGTON ? The Federal Trade Commission has warned more than 200 companies about ?potentially deceptive? mortgage advertisements that could give borrowers a false impression of the cost of home loans.read
Mortgage rescue bogs down in Congress / Bill expected to be delayed over revisions (San Francisco Chronicle) A federal mortgage rescue to help hundreds of thousands of homeowners avoid foreclosure is in limbo, with the Senate about to pass a bill that has no chance of winning
Earnings Roundup: Rising Mortgage Defaults Send PMI Group to Loss, Sun Communities Results Up (Canadian Business) WALNUT CREEK, Calif. (AP) ? PMI Group Inc. swung to a $1 billion loss in the fourth quarter as the spike in mortgage defaults led to an increase in claims