NATION’S HOUSING: How a reverse mortgage turned toxic for widow (The Charlotte Observer)
If you want to understand just how toxic a home mortgage can get, consider this real-life, ongoing saga:
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LIC Housing to launch reverse mortgage loan (The Hindu) HYDERABAD: LIC Housing Finance will roll out the reverse mortgage loan next month as it sees a huge potential for this new business opportunity. Disclosing this at a press conference
In mortgage crisis, look for the signs of recovery (San Diego Union-Tribune) Happy anniversary! It was one year ago this month that the Great American Mortgage Crisis boiled over into the Great Global Credit Crisis, with banks in Paris, London and Frankfurt
Apartment-seekers brace for higher rents The culprits: Rising... This time last year, it wasn't unusual for Midstate apartment seekers to get a few perks when they moved into a new place - even a month or two of
Northern Rock lifts profit goal Mortgage bank Northern Rock raised its profit growth target after reporting a 14 percent jump in first-half underlying profit on a strong housing market.read more...
Banks urged to improve access to mortgage finance in the UAE (Khaleej Times) DUBAI- Banks are being urged to extend the range of financing options available to prospective homeowners in the UAE. "We certainly need a lot of improvement in the financial sector,
Davis expects stress-free victory in 7th District primary (Reg Req'd) Artur Davis was the political underdog when he lost his first congressional race and again when he upset a veteran incumbent two years later.read more...