Mortgage Trust launches BTL fixes (Mortgage Introducer)
Mortgage Trust has launched a number of buy-to-let (BTL) fixed rate products across its MT Select and core ranges.
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Many sign up for private mortgage policies (Poughkeepsie Journal) Private mortgage insurance is making a comeback. Until six or eight months ago, private mortgage insurance was out of favor as people eager to get into the roaring housing market
Surviving a Real-Estate Slowdown: Overinflated Areas Will Hurt Most Where is the housing market headed? To get a lay of the land, we tracked down Kenneth Heebner, who manages the $1.2 billion CGM Realty Fund, which has the best
GE's Q2 profit up 10%, will exit mortgage biz (USA Today) General Electric (GE) reported second-quarter profits of $5.4 billion Friday and said it is getting out of the U.S. mortgage business .read more...
First Trust/FIDAC Mortgage Income Fund Increases its Monthly Distribution for June to $0.09 Per Share (Centre Daily Times) First Trust/FIDAC Mortgage Income Fund (the "Fund") (NYSE:FMY) today increased its regularly scheduled monthly distribution to $.09 per share from $.085 per share. The distribution will be payable on June
As Homeowners Face Strains, Market Bets on Loan Defaults As the subprime market begins to show some cracks a new breed of investor is using financial instruments to bet against mortgage borrowers they consider most likely to suffer in
Homeowners Aiming to Refinance Hit Mortgage Rut (NPR) Mortgage applications have risen for the second straight week, with borrowers getting out of adjustable-rate loans in a bid to escape volatility in the financial markets. But mortgage-industry troubles are