HSBC shares drop after bad debt
Shares of HSBC Holdings dropped more than 2 percent on Thursday after the lender announced its bad debt charge last year would be about $1.8 billion higher than expected.
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Warning over high-risk mortgage crackdown (Australian Broadcasting Corporation) The Housing Industry Association (HIA) says a Federal Government plan to impose tougher regulations on mortgage brokers might make it harder for low-income earners to get a home loan.read more...
WaMu adjustments reverse profit slide Washington Mutual reported its first year-over-year profit gain in five quarters yesterday, topping Wall Street expectations, thanks to a turnaround in its home-loan business.read more...
First American Completes Acquisition of Mortgage Analytics Provider LoanPerformance (PR Newswire via Yahoo! Finance) The First American Corporation , the nation's largest data provider, today announced that it has completed its acquisition of LoanPerformance, a major supplier of advanced analytics and information for
Judge Issues Injunction Aganist Hudson Valley Home Improvement Contractor Attorney General Eliot Spitzer today praised an order issued by a Dutchess County judge to stop an area home improvement contractor from continuing to defraud consumers.read more...
Lake Wales OKs $9.5 Million Bond Issue LAKE WALES | The City Commission has approved a $9.5 million, 20-year bond issue to finance a variety of work included in the city's five-year capital improvement plan. The bonds
Put a Lid on Rising Mortgage Payments (Harrisburg Daily Register) (ARA) - Do you have a balloon mortgage that is coming due or an adjustable rate mortgage payment that has been steadily creeping up as interest rates change?read more...