Cheap home plan for Palestinians "People here think twice about defaulting" The plan will create affordable housing for Palestinians A $1.5bn plan to ease a housing shortage in the West Bank and Gaza Strip
Brokers ignore lies on mortgage applications (Daily Telegraph) Mortgage brokers are still offering "profoundly irresponsible" mortgages to first-time buyers despite the recent call by the Chancellor for banks to return to responsible lending in the wake of the
Mortgage rate cut ?will prompt buy-to-let bonanza? (Estate Agency News) THE August reduction in the mortgage base rate will prompt a buy-to-let bonanza! ?The rate reduction is likely to herald a rate war between buy-to-let mortgage providers as they swiftly
Ahead of the Bell: Mortgage Lenders (AP via Yahoo! Finance) The financial industry needs $1 trillion in permanent capital to help stabilize and improve the pricing of mortgage assets, but is unlikely to receive it, Friedman, Billings, Ramsey &
Average Joe: Why Should I Bailout Wall Street? Most Americans pay their mortgages on time and did not directly contribute to what is being called the biggest financial crisis since the Great Depression.read more...
Bankruptcy Filing Strands Customers With Prepaid Orders An Indiana chain of home remodeling stores filed for Chapter 11 bankruptcy protection and is telling customers that their prepaid orders won't be met, 6News' Linda Allen reported.read more...
Not all bank mortgage portfolios are created equal, a security analyst said Monday, adding that the sector’s current turmoil will reward banks entitled to a mortgage borrower’s first payments and punish rivals that have to wait for second payments.
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