Northern Rock to halve mortgage book, cut 2,000 jobs (Reuters via Yahoo! Malaysia News) LONDON - British bank Northern Rock said it will cut about one third of its workforce and shrink its mortgage lending by half as it aims to repay billions of
Mortgage firms face FSA inquiry (Guardian Unlimited) The Financial Services Authority is investigating three mortgage brokers that may have helped customers inflate their income to enable them to qualify for home loans.read more...
The Home Front S.A.'s building activity lands Bexar on hot list The San Antonio area's home building spree has landed Bexar County on a list of U.S. counties that have built the most
Facing Weaker Home Sales, Builders Sweeten Deals Home builders around the region are luring would-be buyers with freebies worth thousands of dollars, in an attempt to prop up sales in a slowing real estate market."> By Sandra
Code Violation Tour Points Out City's Problem Areas read more...
Seniors to Benefit from Renovation Funding and Mortgage Loan Insurance Enhancements TORONTO, May 2, 2005 Renovation funding will now enable seniors to continue to live longer in their own home or move closer to their family, announced the Honourable Tony Ianno,
Citigroup analyst Mark Mahaney initiated coverage of Bankrate Inc. with a Hold, High risk rating and $50 price target.
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