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Causing contract to fail can backfire  Contingency clauses often get close legal scrutiny in tight markets, says Real Estate Adviser Steve McLinden.read more...


Mortgage approvals up but lending slows in May (Reuters via Yahoo! UK & Ireland News)  Mortgage approvals rose in May for the first time since January but lending secured on dwellings slowed unexpectedly, notching its smallest increase in more than a year, official data showed


Mortgage banks count the cost of endowment mis-selling and cuts (Independent)  Encouraging results from two mortgage banks yesterday were overshadowed by steep job losses and the high cost of earlier mis-selling.read more...


Steps Float and Railings Vanish On Lighter-Than-Air Stairs  Long a fixture in glossy shelter magazines staircases set away from walls are on the rise. They're making their way into the living rooms of design-addicted consumers.read more...


Corporate Bond Prices Give Big Picture  Given Wall Street's hair-trigger propensity for punishing a company's stock for bad news - and over-inflating the price for good news - it's become harder to use share price as


Fitch Rates CSFB Mortgage Securities Corp. Home Equity Mortgage Trust 2006-3 (Business Wire via Yahoo! Finance)   NEW YORK----July 3, 2006--Credit Suisse First Boston Mortgage Securities Corp. Home Equity Mortgage Trust 2006-3 is rated by Fitch as follows: $291,000,000 class A-1, A-2, and A-3 certificates 'AAA';

September 22nd, 2005

BNZ relaunches mortgage offensive

Bank of New Zealand is chasing up to $1 billion of new home loans in the next three months, with a reprise of its “unbeatable” home loan offer.

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