US investor boosts UK mortgage lender (BBC News) A private equity house, Texas Pacific Group, is to take a stake of around 20% in Bradford & Bingley.read more...
Berwick family adopting child may get free home renovation A Berwick couple has traveled halfway across the world to adopt a child, and a family friend has planned a surprise for when they return.via
Judge orders mortgage scammers to pay $5.4 million (Pioneer Press) A federal judge Thursday ordered five people and a defunct corporation to pay more than $5.4 million to victims in what has been called the state's biggest mortgage fraud case.
Mortgage insurers join those tightening rules / Some areas face outright refusal on certain loans (Addict 3D) Just when consumers and the U.S. economy need banks to lend more freely, the mortgage industry is making it harder to borrow - even for those with good credit.read more...
Mortgage Bankers Association Can't Pay The...Mortgage? (CNBC via Yahoo! Finance) I?m sure there are plenty of troubled borrowers around the country who will do a bit more than chortle when they hear the story of how the Mortgage Bankers
Summit aims for 'greener' housing UK homes account for 27% of CO2 emissions Housing Minister Yvette Cooper is due to meet building industry leaders to discuss how to ensure new homes are made energy efficient
“We’ve all agreed that there should be some sort of standardized approach to reaching more homeowners faster”
Treasury Secretary Henry Paulson and federal banking regulators are working out the details of a plan to extend lower, introductory interest rates on home loans before they reset at higher levels. via The Clarion-Ledger
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