Luminent Mortgage Capital, Inc. Announces First Annual Analyst Day in New York (Business Wire via Yahoo! Finance) SAN FRANCISCO----Luminent Mortgage Capital, Inc. today announced it will be hosting its first annual Analyst Day meeting in New York. The event is scheduled for Wednesday, November 15, 2006,
Mortgage Lenders Settles in Ch 11 Case (AP via Yahoo! Finance) Failed subprime operator Mortgage Lenders Network USA Inc. has reached settlements with regulators in four states that had ordered the company out of the lending business and threatened it
Six charged in mortgage scheme (Miami Herald) Alberta police charged six people accused of defrauding 22 lenders including Genworth Financial Inc. and Canada Mortgage & Housing Corp. of C$30 million ($25.6 million) for financing properties in the
Plans of Bush tax panel could shrink mortgage benefits for many (KRON 4 Bay Area) WASHINGTON American homeowners might have to say goodbye to that most sacred of tax breaks, the mortgage interest deduction.read more...
Why Mortgage Life Insurance is Not a Good Idea (Benton Evening News) (ARA) - If you've recently taken out a mortgage, brace yourself for the onslaught. Before you even finish unpacking, your mailbox will likely be filled with offers for all kinds
Modern + Vintage Take two women on two separate paths, add a little soul, some vintage decor and a dash of Eames and what do you get? A mid-century modern melting pot.read more...
“These figures show the gulf between those who can afford to buy and those who can’t is widening at an alarming rate. For first-time buyers, the housing ladder is becoming a tightrope.”
First-time buyers find it almost twice as hard to get on the property ladder as they did a decade ago, a leading housing charity has said.
Shelter warned of spiralling repossessions and increased homelessness as a result of the struggle faced by families trying to find homes they can afford.
Its annual Affordability Index revealed that mortgage costs swallowed up more than 21% of average household income in 2006 compared to 11% in 1996.
The charity added that it is harder now for people to enter the property market than at any other time since the index began in 1994. Read more
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