Mortgage approvals decline slows (ShareCast) LONDON (SHARECAST) - The UK housing market appeared to show further signs of stabilising as mortgage approvals for home purchases fell at their slowest annual rate for a year in
Commercial Mortgage-Bond Delinquencies Up Commercial mortgage-backed securities delinquencies are rising in the wake of hurricanes Katrina and Rita, after declining for most of the past year.read more...
Barclays takes 2.8bn writedown as profits slide Barclays Bank has taken a 2.8bn writedown hit as its profits fell 34% for the first half of the year.read more...
Freedom Finance expands mortgage team (Mortgage Introducer) The mortgage broking business, which was created in May 2005, is on track to double its new business volumes by the end of this year and will have a nationwide
Ky. couple to get new home from Tenn. homebuilder A southwestern Kentucky couple experiencing declining health while their trailer is crumbling around them will get a new home from a Christian-based homebuilder and volunteer labor.Commentread more...
Troubled US mortgage firm sells 20.5 bln dlrs of assets (AFP via Yahoo! News) Thornburg Mortgage, Inc., said Monday it had sold 20.5 billion dollars of assets as it seeks to weather the financial storm buffeting the troubled US housing industry.read more...
Quisenberry was joking , but he captured in a sentence the attitude of all too many Americans and their political leaders toward economic planning.
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