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Nationwide posts 93% rise in mortgage lending in UK (Sunday Business Post) Nationwide, the UK?s largest building society, today posted a 92.7% rise in net annual mortgage lending to £10.6bn (?15.5bn), but said the recent spate of interest rises had started to
Stocks in U.S. Retreat as Home Sales Trail Forecast; KB Home Shares Drop U.S. stocks fell after existing home sales trailed forecasts, heightening concern that the economy may buckle under the weight of interest-rate increases by the Federal Reserve.read more...
Mortgage giants on right path, panel told (Rocky Mountain News) WASHINGTON - The heads of embattled mortgage companies Fannie Mae and Freddie Mac assured Congress on Wednesday that the companies are on the right course after their recent accounting scandals,
Housing Market Readjusting to Normal Balance Housing Market Readjusting to Normal Balance -- A lower level of home sales expected this year will create a more level playing field for buyers and sellers on the heels
Loss of Wing Cited in Crash read more...
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