Getting a Mortgage with Bad Credit (Sleepy Eye Herald Dispatch) (ARA) - Having bad credit is not the end of the world and it's not impossible to get a loan. Generally, credit scores below 600 are considered sub-prime and the
Rising US Jobless Rate May Drag Prime Mortgage Borrowers Down (Nasdaq) NEW YORK -(Dow Jones)- The persistent rise in the U.S. unemployment rate is deepening concern that more homeowners will fall behind on their mortgage payments.read more...
4 Investment Banks Will Report Earnings "People get worn out by the crisis itself" On Wall Street, now more so than any time in recent memory, everyone is holding their breath and fearing the worst.Four
Home Sales May Drop, Business Spending Stall as Real-Estate Slump Widens U.S. home sales fell in October to the lowest in at least eight years and business spending stalled as the real-estate slump rippled through the economy, economists said before
Remodeler draws state attorney's focus Frank Edmund Donofrio, a Seminole businessman whom homeowners have accused of doing shoddy remodeling projects paid for with high interest loans he helped arrange, is being investigated by the State
Mortgage Introducer :: Mortgage Introducer covers essential topics for those who advise on mortgages (Mortgage Introducer) Chelsea?s new non conforming mortgage options open up great sales opportunities. Over the past decade, the industry has seen a big rise in mortgage demand from clients with poor credit
“In fact, conditions remained turbulent, so we will make an overall pretax loss at group level for the quarter”
UBS SA, the largest Swiss bank, said Monday it would post a pretax loss of up to $690 million in the third quarter mainly because of losses linked to the U.S. subprime mortgage crisis.
The losses will hit UBS’s Investment Bank, but ‘our Global Wealth Management & Business Banking and Global Asset Management businesses continue to record good results,’ said a company statement.
The loss will result in the shedding of 1,500 jobs from the bank’s work force of 80,000 people by the end of this year, Chief Executive Marcel Rohner said in a conference call. Read more
read more…
This entry was posted
on Sunday, September 30th, 2007 at 12:23 am and is filed under Mortgages.
You can follow any responses to this entry through the comments RSS 2.0 feed.
You can leave a response, or trackback from your own site.
Leave a Reply