HSBC to Close U.S. Subprime Mortgage Unit, Cut Jobs (Update2) (Bloomberg.com)
Sept. 21 (Bloomberg)—HSBC Holdings Plc, Europe’s biggest bank, said it will close its Decision One subprime mortgage unit in the U.S., eliminating 750 jobs.
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Mortgage firm denies defaulting on P30B SSS loan (The Daily Tribune) The National Home Mortgage Finance Corp. (NHMFC) as of December 2003 has remitted to the Social Security System (SSS) P29.57 billion in total payments against NHMFC's original borrowing of 30
Too many mortgage quotes can damage your rating (Reuters.co.uk) LONDON (Reuters) - Many homebuyers may unwittingly damage their credit rating when applying for a mortgage, a leading credit reference agency said on Friday.via
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FHA Raises Premiums for Home Loans The Federal Housing Administration raised the premiums it charges for insuring that mortgages will be repaid to 1.75% of the loan amount.read more...
FICO Rules, but Other Options Remain If you have been looking for a mortgage, you know that your credit score is key to opening that next front door. read more...
Classes enrich and reach out Elizabeth McIlvaine smiles to herself as she paints a piece of miniature furniture for a dollhouse.read more...