U.K. Mortgage Approvals Fell to 11-Year Low in March (Update2) (Bloomberg.com) April 23 (Bloomberg) -- U.K. mortgage approvals fell to the lowest in more than a decade in March as a credit squeeze prompted banks to curtail lending, the British Bankers'
Housing Report Mortgage rates hit a 15 month high today and some wonder if that could slow a booming Wichita Falls housing market.read more...
(AFX UK Focus) 2005-10-13 14:28 GMT: Impac Mortgage to buy back up to 5M common shares (Interactive Investor) NEW YORK (AFX) -- Impac Mortgage Holdings Inc. said Thursday its board approved the repurchase of up to 5 million common shares. Impac shares last traded at $9.26.read more...
John Sauro of North Atlantic Mortgage on News 12 CT TV March 3, 4, 2007 (PR Web) John Sauro of North Atlantic Mortgage on News 12 CT March 3, 4, 2007.Mortgage Expert to Discuss New Audio Book, Inside the Mortgage Market, Tips for Buying and Refinancing Real
45 Years Later, a Book on the Urban Life Cycle and Community Issues Still Resonates Jane Jacobs, who died last month at age 89, is best known as the author of the influential 1961 book, "The Death and Life of Great American Cities." Much
Surging mortgage fraud raises concerns about defaults (Madera Tribune) LOS ANGELES - Mortgage fraud surged in Southern California as borrowers overstated income, exaggerated assets and hid debts to qualify for expensive mortgages, authorities and industry observers said.read more...
JPMorgan Chase & Co. said Wednesday its fourth-quarter profit fell 34 percent after its exposure to subprime mortgages though much smaller than at banking peers like Citigroup Inc. devalued its portfolio by $1.3 billion.
CEO Jamie Dimon also attributed the bank’s profit decline to worse-than-expected results in home equity loans.
In anticipation of more problems with U.S. consumers’ ability to pay back their loans, the bank boosted its provisions for loan losses by $2.54 billion. That boost was higher than the $1.79 billion added during the third quarter and the $1.13 billion added in the fourth quarter a year ago. Read more
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