London shares close higher on banking strength
Leading shares ended a volatile session higher, mirroring a bounce on Wall Street, on renewed bid hopes surrounding catering group Compass and strength in heavyweight banks, dealers said.
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Mortgage-Backed Bonds Still Have Fans Despite the woes rocking mortgage companies Fannie Mae and Freddie Mac, bond-fund company Pacific Investment Management continues to favor agency mortgage-backed securities over government debt.read more...
Update -- Mortgage Sales Steady For American Home (Forbes) Lender indicates the secondary mortgage market might have bottomed out.read more...
Sentinel doubles reverse mortgage loan book (Stuff) Reverse mortgage company Sentinel doubled its loan book in 2006 to $176 million, and expects a further significant increase this year as retirees seek funds for their retirement.read more...
Lenders Ramp Up Mortgage Ads, While Homeowners Leave Homes In this week's survey of real-estate news Open House looks at how to spot mortgage fraud, lenders who are spending more on ads to increase consumer borrowing and how one
Boxer urges more help from mortgage servicers (San Francisco Chronicle) Sen. Barbara Boxer on Friday pressed for action from 21 banks and lenders that an advocacy group has accused of insufficient support for at-risk homeowners in California. Boxer, D-Calif., sent
The bounty of her art FOR HER DEBUT SHOW, FITZ SY Ocampo presents over two dozen paintings in acrylic, a medium that lends itself well to her endearing explorations of nature's bounty.read more...