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Thornburg Mortgage sees higher portfolio losses; shares skid (Market Watch) BOSTON (MarketWatch) -- Shares of Thornburg Mortgage Inc. fell Tuesday after the company estimated higher losses in its mortgage portfolio due to deterioration in the credit markets.
Mortgage crisis no surprise to 'Housing Bubble Blog' community (Online Journalism Review) An Arizona blogger built a robust virtual community, and a full-time job, detailing the breakdown in mortgage lending standards. Here's what he can teach other journalists.read more...
Lenders Fall Foul Of FSA More than half of mortgage lenders and brokers are failing to comply with new regulations, the City watchdog says.read more...
ABN Amro Sells U.S. Mortgage Activities (AP via Yahoo! Finance) Dutch bank ABN Amro Holding NV said Monday it will sell its U.S. Mortgage Group business to Citigroup Inc. for an undisclosed amount.read more...
(AFX UK Focus) 2006-04-24 10:08 GMT: UK mortgage approvals surge to 5.64 bln stg in March, highest since 1988 (Interactive Investor) LONDON (AFX) - UK mortgage approvals surged in March to their highest levels since 1988, suggesting that the UK housing market remains very buoyant, figures from the Building Societies Association
(ARA) – Fixed rate. Adjustable rate. Interest Only. Flex. All of the different types of home loans that are available these days can puzzle many homebuyers. But, say mortgage experts, virtually every home loan is one of two types: a fixed rate loan or an adjustable rate loan.
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