New online service to help lenders
New Zealanders on fixed mortgages are being warned not to ignore recent interest hikes, as they may lead to an even greater increase in the costs when their fixed term ends.
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Investors unload subprime shares Mounting concerns on Wall Street that mortgage lenders might be hurt by increasing defaults and delinquencies sent investors fleeing Monday from some of the biggest names in the industry.Commentread more...
Loan Behold Forward P/E before announcement: 9.2 Forward P/E after announcement: 11.0 A STUDENT-LOAN PROCESSOR moved to the head of the class on Friday.read more...
Experts Warn Debt May Threaten Economy But only 35 percent were willing to cut government spending and experience a drop in services to balance the budget.read more...
Mortgage arrears down slightly (Stuff) Arrears on home loans funded by residential mortgage-backed securities fell slightly in June to 1.86 per cent, from 1.89 per cent in May, according to Standard and Poor's Rating Services.read
DTCC Announces Largest Fee Reduction Ever, Irish Stock Exchange... The Depository Trust & Clearing Corp. has announced a fee change for 2006 for its subsidiaries, which results in a net fee reduction of $161.3 million, the largest net reduction
Interest Rates, Weather Contribute to Plunge in Housing Starts Housing construction plummeted by 17.6 percent last month - the most in 14 years - as rising interest rates and gloomy weather took their toll on the red-hot real estate