Credit issuers getting aggressive
Question: My husband was laid off last year and was out of work for eight months, so over the past year I’ve charged a fair amount when things got tight.
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1 in 7 mortgage holders worried about payments (Lexington Herald-Leader) One in seven mortgage holders worries about failing in the near future to make a monthly payment, and even more fret that their home's value is shrinking, according to a
Northern Rock: Mortgage Broker Reaction (Money Marketing Online) Mortgage brokers have expressed surprised at the Government's quick move to take Northern Rock into nationalisation, saying that the decision is not the optimum outcome for the financial sector.read more...
Reaping the Wind Rubble piles bear "For Sale" signs. Homes without roofs are being sold as-is. Placards announcing "We Buy Houses, Cash!," are posted on corners throughout middle-class neighborhoods.read more...
1 in 4 blacks pays steep price for mortgage (Cape Cod Times) CHARLOTTE, N.C. - Blacks who bought homes in communities across America last year were four times as likely as whites to get high interest rates for mortgage loans, according to
British mortgage approvals at all-time low in March (Market Watch) LONDON (MarketWatch) -- British mortgage approvals fell to 64,000 in March, down from 72,000 in February, the Bank of England reported Tuesday. The figure was slightly above the consensus forecast
Citigroup Shedding $500 Billion In Assets "We believe the right model is a global universal bank." Citigroup Inc. said Friday it aims to shed about $500 billion in assets and grow revenue by 9 percent