Gateway Financial’s earnings double
The parent of Gateway Bank & Trust Co. said its first-quarter net income was more than doubled partly because of growth in business lending and services.
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Mortgage application index falls nearly 8% (Baltimore Sun) WASHINGTON // Mortgage applications fell to the lowest level since April, reflecting fewer home purchases and less refinancing, a survey shows. read more...
Committee approves mortgage broker licensing bill (BizJournals) Mortgage brokers would face new licensing requirements under a bill lawmakers moved forward Monday.read more...
Countrywide chief decries subprime regulation "The market already has corrected many of its mistakes" Countrywide Financial Corp. (CFC.N: Quote , Profile , Research Chief Executive Angelo Mozilo said on Monday that proposed regulation in
How to cross the mortgage minefield Decided to buy a house? Now the challenge becomes finding an affordable mortgage.read more...
Bank of England cuts rates for first time in over two years The Bank of England cut its key interest rate by a quarter of a percentage point to 4.50 percent, citing inflationary risks to the downside amid subdued economic growth.read more...
Mortgage approvals up in September (ShareCast via Yahoo! UK & Ireland Finance) The latest official survey on the UK housing market has shown a further strengthening with the number of mortgage approvals at their highest level in more than a year.read more...