Household debt still weighing on economy
Following the government’s Aug. 31 anti-speculation initiative, household debt growth has leveled off.
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Mortgage approvals hit year low (BBC News) The number of new mortgage approvals in the UK fell to a 12-month low in April, Bank of England figures show.read more...
Wells Fargo Commercial Mortgage Provides $27 Million for New Jersey Retail Center (PR Newswire via Yahoo! Finance) Wells Fargo Commercial Mortgage said it has provided $27 million in a fixed rate 10-year permanent financing for Riverfront Plaza, a retail center located in Hackensack, New Jersey .via
Second mortgage holder can foreclose (Bankrate.com) Dear Dr. Don, Can a second mortgage holder foreclose on a property? Even without the first mortgage being in arrears? Dear Wes, Bad news. The second mortgage lender can foreclose
MFA Mortgage Investments, Inc. to Participate in the RBC Capital Markets Financial Institutions Conference (Boursorama) NEW YORK, Sept. 19 /PRNewswire-FirstCall/ -- MFA Mortgage Investments, Inc. announced today that it is scheduled to participate in a panel discussion at the RBC Capital Markets Financial Institutions Conference
Banks Allow Flood Victims To Hold Off From Making Mortgage Loan Payments (Finance Technology Network) NEW YORK (AP) _ With tens of thousands of homeowners in four states displaced by Hurricane Katrina, some banks and finance companies are allowing customers to forgo monthly mortgage payments
First Capital, Inc. Reports 14% Third Quarter Earnings Increase Oct. 28, 2005--First Capital, Inc. , the holding company for First Harrison Bank , today reported net income of $975,000 or $0.38 per diluted share for the quarter ended September