BANK OF QUEENSLAND MD TAKES AIM AT MORTGAGE BROKERS (Asia Pulse via Yahoo! Australia & NZ Finance)
Banking / finance Bank of Queensland Ltd (ASX:BOQ) managing director David Liddy is calling for a shakeout of the mortgage broking industry.
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Big Banks Must Give Mortgage Details (AP via Yahoo! Finance) Nine large banks must provide detailed information on mortgage delinquencies and foreclosures every month to a federal regulator.read more...
FSA bans another mortgage broker (BBC News) Another mortgage broker has been banned, and fined £100,000, by the Financial Services Authority.read more...
U.S. mortgage rates drop as credit crunch begins to weigh (Market Watch) CHICAGO (MarketWatch) -- Long-term mortgage rates eased this week, following consecutive weeks of increases, Freddie Mac's chief economist said on Thursday.
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Bernanke says time for long-term mortgage answers (Reuters via Yahoo! News) Federal Reserve Chairman Ben Bernanke said on Thursday that it was time to move beyond temporary fixes to the subprime mortgage mess and look for long-term solutions.read more...
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