Paulson launches subprime mortgage lifeline (FT.com via Yahoo! News) Saying "the worst is just beginning" for a wave of subprime mortgage resets in the US, Treasury secretary Henry Paulson on Tuesday unveiled an initiative with six private sector
Lake and Lodge working on new store in Arcadia Gerry Hiatt travels all over the world buying unusual artifacts, antiques and rarities.read more...
Monthly building approvals fall 2.3pc There has been a bigger than expected fall in building approvals as higher interest rates continue to deter potential home builders.read more...
Billmon Gets It - Do You Buried deep in a Billmon Post last week was a critical chart and a few words of wisdom on why this is NOT a repeat of the inflation scene of
Potential Homeowners Avoid Mortgage Loan Fraud with LoanPage.com Glossary Tool (PR Web) The Words of the Week glossary tool at home loan resource site LoanPage.com offers a list of mortgage terms that can help consumers understand the mortgage loan process and avoid
Industry dismay at interest rates rise THE Bank of England delivered a blow to industry yesterday as it raised interest rates a quarter percentage point to 4.75 per cent, in a pre-emptive strike against rising inflation.read
BRITISH entrepreneur Sir Richard Branson launched his Virgin Money bank in South Africa with a characteristic stunt on Monday, vowing to shake up the local financial services industry.
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