Who's getting rich from fees? Fees have hit historic highs. But, banks and credit issuers claim they're no richer because of them.read more...
One million could see their mortgage bill soar by up to a third (Evening Standard) Up to a million homeowners are facing a mortgage timebomb as the end of cut price deals sends repayments soaring by up to a third.read more...
Mortgage lenders catching heat all around (UPI) The U.S. mortgage lending industry has come under fire from credit counselors, regulators and lawmakers, all seeking to help at-risk borrowers.read more...
Mortgage lending could halve, warns CML (Guardian Unlimited) Mortgage lending could fall by half this year unless the Bank of England makes more money available to lenders, it was warned today.read more...
Ahead of the Bell: Mortgage Bill (AP via Yahoo! Finance) A House committee is scheduled to vote Wednesday on legislation that would permit judges to shrink the size of home loans for bankrupt homeowners -- a mortgage-mess remedy supported
Bank acquisitions law has exceptions CHARLOTTE, N.C. - Wachovia Corp.'s acquisition of a California-based savings and loan exposes a loophole in federal law that could allow banks to gain more than 10 percent
The 6 percent mortgage rate held in Hawaii for only about a week. Local lenders have again cut their rates an eighth or even a quarter of a percentage point below that level.
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