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Governmental Role in Home Loans Expands as Investors Walk Away  Now that the housing boom is over government-linked bodies are the ones putting up the cash for mortgages, resulting in tighter lending standards for consumers. read more...


Guthy-Renker to Acquire Stake in RealtyTracker  LOS ANGELES, July 20 /PRNewswire/ -- Guthy-Renker, one of the world's largest and most respected direct response television companies with sales of more than $1.5 billion per year, announced today


Local Developer Sells Program to Major U.S. Company  The following was press release was issued by the Sault Ste. Marie Innovation Centre.via


Korea to Get U.S. Mortgage Insurance (donga.com)  Genworth Financial, a heavyweight U.S. financial services company, is launching into the Korean mortgage insurance market. As major local insurance firms also get ready to plunge into the market, mortgage


Police Kill Armed Woman, Man at Hotel  LAGUNA BEACH, Calif. - A man and a woman were killed at a luxury oceanfront resort when police fired into their bungalow after they refused to drop a handgun, authorities


Capitol Federal stands steady amid mortgage industry meltdown (The Kansas City Star)  In the chaos of the mortgage market, scores of lenders have collapsed. Wall Street chieftains have fallen. Foreclosure stalks perhaps a million homeowners. Washington pushes a hopeful cure.read more...

October 3rd, 2005

(AFX UK Focus) 2005-10-03 14:05 GMT: Kensington Group launches 900 mln stg mortgage-backed securitisation (Interactive Investor)

LONDON (AFX) – Kensington Group PLC, which specialises in mortgage lending to borrowers with poor credit histories, said it launched a 900 mln stg mortgage-backed securitisation, its third such transaction this year.

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