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GMAC loans ResCap mortgage unit $468 million (INO News) (AP:MINNEAPOLIS) Mortgage lender Residential Capital has already tapped much of a new $750 million line of credit offered by its parent GMAC. Bloomington-based ResCap has serious financial problems because it
UK Sept mortgage approvals rise to 3-mth high, lending growth slows - BBA UPDATE (The Forex Market) (Updating to add figures on unsecured lending) LONDON (AFX) - UK mortgage approvals rose to their highest level in three months during September, suggesting that the UK housing market is
UK borrowing slowdown continues Mortgage lending in the UK is rising at its slowest rate since January 2002, according to the Bank of England.read more...
Rising mortgage rates not slowing down yet (Reg Req'd) Mortgage rates rose again this week, with 30-year mortgages hitting their highest level in four months and one-year, adjustable-rate mortgages rising to the highest level in more than three years.read
Fed leaves interest rates alone Policymakers' message blends caution and confidence. WASHINGTON - Borrowers are getting a break that could last into next year on interest rates on credit cards, home equity lines of credit,
Lennar second-quarter profit climbs 33 percent to $324.7 million, cuts 2006 outlook MIAMI, Jun.
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