August mortgage approvals rise 3 percent (Reuters.co.uk) LONDON (Reuters) - Mortgage approvals rose by just three percent in August from a year ago to 71,278, British Bankers' Association data showed on Wednesday, following a modest five percent
Construction Bank sells 960 mln yuan-worth mortgage assets (People's Daily) China Construction Bank announced Friday it has sold a mortgage assets portfolio with a book value of 960 million yuan (120 million U.S. dollars) to a French bank and asset
Mortgage business hits Nat City earnings (BizJournals) National City Corp.'s third quarter profit declined 19 percent from a year earlier and missed analyst expectations because of weakness in its mortgage division, the bank announced early Tuesday.read more...
The art of retirement The starving artist stereotype undergoes revision with the Artist Pension Trust, an investment program for visual artists.read more...
To sell home fast, hire stager, inspector If you want to stand out from the glut of homes for sale, call in two pros, says Real Estate Adviser Steve McLinden.read more...
Mortgage brokers spent $480,000 lobbying in 1Q (AP via Yahoo! Finance) The National Association of Mortgage Brokers spent more than $480,000 lobbying in the first quarter as Congress and federal agencies considered new regulations on the industry.read more...
Entrepreneur Richard Branson’s Virgin Group, private equity firm Olivant and an in-house team are all expected to lodge rescue bids for stricken mortgage lender Northern Rock PLC on Monday.
The government set Monday as the deadline for bids after announcing last month that it would issue state-guaranteed bonds to repay billions in emergency government loans, asserting a private-sector rescue without government help was impossible.
Northern Rock and the government have previously said that Virgin was their preferred bidder. However, many shareholders have expressed support for the Olivant offer and Northern Rock has more recently been talking up its prospects as a standalone operation. Read more
read more…
This entry was posted
on Sunday, February 3rd, 2008 at 8:15 am and is filed under Mortgages.
You can follow any responses to this entry through the comments RSS 2.0 feed.
You can leave a response, or trackback from your own site.
Leave a Reply