Northern Rock to halve mortgage book, cut 2,000 jobs (Washington Post) LONDON (Reuters) - Northern Rock unveiled plans to cut about 2,000 jobs and shrink its mortgage lending by half, as it seeks to win European regulatory support for its state
Mortgage industry leery of lending (Seattle Times) Just when consumers and the U.S. economy need banks to lend more freely, the mortgage industry is making it harder to borrow ? even...read more...
Build wealth with eye to protect it (Reg Req'd) You've worked hard all your life to accumulate a little personal wealth. One frivolous lawsuit could wipe it all out.read more...
Mortgage lender's CEO gets hefty pay (The Clarion-Ledger) NEW YORK ? As if Countrywide Financial Corp.'s CEO isn't getting paid enough, the mortgage lender's board is taking the unprecedented step of lavishing him with $10 million in retirement
Getting a Mortgage with Bad Credit (Bastrop Daily Enterprise) (ARA) - Having bad credit is not the end of the world and it's not impossible to get a loan. Generally, credit scores below 600 are considered sub-prime and the
Fitch Downgrades 5 and Affirms 10 Classes from 5 Credit Suisse First Boston Mortgage (CSFB) Securities Corp. Issues (Business Wire via Yahoo! Finance) Fitch Ratings has taken rating actions on the following CSFB Mortgage Securities Corp. issues:read more...
CHARLOTTE, N.C. – Capital One Financial Corp.’s fourth-quarter profit fell 42 percent, hurt by rising losses on credit card loans and charges from shutting down its GreenPoint Mortgage business, the credit card company said Wednesday.
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