Types Of Bankruptcy

Stocks Fall As Bond Yields Rise   "It's partially an excuse to take profits, but there are also some legitimate concerns that if bond yields get high enough, they will present an attractive alternative to stocks, and


Belle Mortgage LLC, Serving NH, MA & CT, Expands it Coverage to Include the State of Maine (PR Web)  Belle Mortgage LLC is excited to announce the company's expansion into the state of Maine. Due to inquiries from customers and the robust Real Estate market in Maine, Belle Mortgage


British mortgage lending sags in June (AP via Yahoo! Finance)   Britons took out 23.8 billion pounds in mortgage loans in June, the smallest amount for two years, official figures showed Friday.read more...


PRESS RELEASE $15,581,000 Deal Forms 1st U.S. Sharia'a Compliant Banking Sub  ANN ARBOR, MI -- -- 12/30/2005 -- Stephen Lange Ranzini, President and Chairman of Ann Arbor's University Bank , announced the formation of University Islamic Financial Corporation .read more...


A Marvel of a Museum and Newsworthy, Too   When the Newseum opens April 11, visitors will see an extraordinary work of architecture housing extraordinary exhibits. read more...


Mortgage Assistance Center Corporation Acquires 69,552 Square-Foot Dallas Multi Use Office Building (PR Newswire via Yahoo! Finance)   Mortgage Assistance Center Corporation , which acquires, manages and resells non-performing mortgages and distressed real estate properties, today announced that it, together with two California partners, has closed on

January 3rd, 2008

Mortgage approvals hit new low

The number of mortgages approved for people moving home fell to a three-year low during November, figures showed.

Just 83,000 new home loans were approved for people buying a property during the month, the lowest figure since January 2005, according to the Bank of England.

The latest slump follows on from a subdued month during October, when only 89,000 new mortgages were approved for house purchase, itself the lowest figure since February 2005.

It is the fifth month in a row that mortgage approvals for house purchase have fallen, adding to mounting evidence that the housing market has finally run out of steam. Read more



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