Court hands house to man who hasn’t paid his mortgage for 15yrs (Daily Mirror)
Court hands house to man who hasn’t paid his mortgage for 15yrs
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National City sells mortgage business (Akron Beacon Journal) Cleveland-based National City Corp. will sell its subprime mortgage business to New York brokerage house Merrill Lynch for $1.3 billion.read more...
Pepper prices A$395 mln non-conforming mortgage debt (Reuters via Yahoo! Asia News) SYDNEY, May 24 (Reuters) - Pepper Australia Ltd on Wednesday priced its A$395 million ($297 million) Pepper Residential Securities Trust No. 5 non-conforming mortgage issue, joint lead managers Barclays
UPDATE 1-iGate Global to increase stake in US mortgage firm (Reuters via Yahoo! Asia News) MUMBAI, July 3 (Reuters) - Indian software firm iGate Global Solutions Ltd. said on Monday it was increasing its stake in U.S.-based Loan Pro LLC to 60 percent.read more...
Abode Mortgage Corporation: Grant of Options (CCNMatthews via Yahoo! Finance) VANCOUVER, BRITISH COLUMBIA-- - Abode Mortgage Corporation reports that it has granted options to eligible recipients entitling them to purchase, for a period of three years, 5,000,000 shares at
Countrywide deal could give modest boost to mortgage industry (The Pantagraph) WASHINGTON, D.C. -- Bank of Americaâ?™s $4.1 billion rescue of Countrywide Financial could help stem economic turmoil by giving global investors more confidence in the battered U.S. mortgage industry.read more...
Mortgage broker faces fraud charges (Sydney Morning Herald) A former Melbourne mortgage broker has appeared in court on a raft of fraud charges following an investigation by the corporate watchdog. -read more...