Mortgage Firm Facing Cash Problems (Sky News via Yahoo! UK & Ireland Finance)
Shares in the UK’s third-largest buy-to-let mortgage firm, Paragon, have dived after it revealed it was facing funding uncertainties.
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Name of the game in home sales: Let's make a deal With mortgage interest rates rising, home prices stagnating and more homes on the market than buyers, those looking to sell right now are making compromises they wouldn't have two years
U.S. Stocks Retreat on Earnings, Mortgage Concerns; Intel Falls (Bloomberg.com) July 18 (Bloomberg) -- U.S. stocks fell after Intel Corp.'s earnings report spurred concern profit estimates for computer companies are too high and Bear Stearns Cos. said the subprime mortgage
UK Net Mortgage Lending Growth Unchanged In March; To Ease Further - BBA (Nasdaq) (RTTNews) - U. K. net mortgage lending grew an underlying GBP5.1 billion in March, the British Bankers' Association - BBA said Monday. The industry body said the growth is unchanged
Mortgage market set for 'bus crash' (News Interactive) LOWER lending standards from banks have left a "bus smash waiting to happen" in the home mortgage market, according to one of the country's biggest lenders.read more...
Bold colors back as way to show individuality For Elisha Jakubowski of Rochester, Mich., buying a new car has as much to do with Martha Stewart as Jackie Stewart.read more...
Rising Subprime Mortgage Defaults Add to Unsold Homes Inventory (Bloomberg.com) March 9 (Bloomberg) -- Rising mortgage defaults by subprime borrowers may add more than 500,000 homes to a residential real estate market already beset by slumping prices, according to CreditSights