Those Who Avoided Risk Call Plan A Raw Deal In 2005, when even the bartender on U Street talked about all his condo investments, Matthew Brown and his fiancee walked away from the local housing boom. Instead, the
Mizuho Financial Group cuts earnings forecast on subprime mortgage losses (International Herald Tribune) Japan's No. 2 bank cut the estimate for the third time for the year that just ended, hurt by $3.9 billion in subprime mortgage-related losses at its brokerage unit.read more...
Understand role of mortgage broker (Seattle Times) Borrowers who don't know how to deal with mortgage brokers waste their own time as well as that of the brokers. Borrower ignorance also encourages...read more...
UK regulator to get tougher after Northern Rock failings "Although whether that would have affected the outcome in this case is impossible to judge." Britain's financial watchdog will boost its oversight of the country's largest banks after admitting
Housing starts expected to ease in 2007 Low mortgage rates and strong consumer confidence last year drove housing starts to their second highest level in nearly two decades, the Canada Mortgage and Housing Corporation said Tuesday, but
Can't Get a Mortgage? Try Your Credit Union As many lenders tighten loan underwriting standards and interest rates on jumbo mortgages rise, consumers may still have luck securing a home loan.
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HONG KONG, Aug 12 (Reuters) – The quality of Chinese home loans is worse than in the United States, where a subprime mortgage crisis is causing turmoil in global financial markets, according to a prominent academic quoted in a Hong Kong newspaper on Sunday.
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