Investors shoulder mortgage default risk (Fort Wayne Journal Gazette) If the housing market weakened or collapsed and homeowners started to default on their mortgages in big numbers, who would be left holding the bag?via
US investor boosts UK mortgage lender (BBC News) A private equity house, Texas Pacific Group, is to take a stake of around 20% in Bradford & Bingley.read more...
Condo owners see dreams shattered in Aneha scandal When Mitsuhide Taira moved into his 150-sq.-meter condominium in Grand Stage Kawasaki Daishi in November 2004, he thought he had found the perfect place for his wife and him to
Economy Officials gave no indication Friday that Beijing would accelerate moves to revalue the Chinese yuan, as regional currency traders shrugged off a prediction by U.S. Treasury Secretary John Snow that
Tour shows off restored homes in city neighborhood Photo Gallery click to enlarge Will Davies, 23, and his golden retriever "Sunny" Jasmine Gehris/Tribune-Review click to enlarge Detail work from the floors Jasmine Gehris/Tribune-Review click to enlarge The ...read
UK mortgage deals still strong (BBC News) The number of new mortgage approvals in the UK held up in July, the Bank of England reports.read more...
Does your race or ethnicity affect the interest rate or fees you’re quoted on a mortgage? Do mortgage brokers offer the same deals to African American and Hispanic applicants with identical—or superior—incomes, credit scores and employment histories compared with white applicants? In a June 3…
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