Feckless fathers will be refused a mortgage (Evening Standard)
‘Deadbeat dads’ who refuse to pay child maintenance will be barred from getting a mortgage under new legislation announced today.
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Countrywide 2Q Profit Rises Countrywide Financial Corp., the largest U.S. mortgage lender, reported Tuesday that growth in its loan portfolio pushed second-quarter profit up 28 percent from the year-ago period.read more...
Your Money Matters: Dealing with Rising Mortgage Interest Rates (Evening Times) (ARA) - Many Americans are asking themselves what they should be doing in the wake of rising, and sometimes, fluctuating mortgage rates. It's an important question because for many Americans
A Chill Comes Over Credit Bad news has been emerging from the subprime market every week, as the trade press reports that one lender after another in trouble. read more...
Paulson to propose mortgage revamp (Reuters via Yahoo! News) Treasury Secretary Henry Paulson will announce on Thursday a proposal to broadly revamp rules for credit markets and mortgage brokers, to help avoid a repeat of the housing slump
Flippers Flop As Housing Market Cools In the rampant real estate speculation of the Las Vegas valley three years ago, people lined up outside Pulte Homes sales offices overnight as if they were waiting for
McCune Foundation loses $130 million in subprime mortgage crisis (phillyburbs.com) PITTSBURGH - The McCune Foundation, one of the largest in western Pennsylvania, blames the subprime mortgage crisis for a $130 million loss in assets that has forced the foundation to