Profit outlook hits Northern Rock "It remains to be seen whether the initial share price reaction has been overdone" Northern Rock says it has gained market share in mortgage lending Northern Rock shares have
Home Sales Declined in 46 States in 3Q "Some metro areas are hot while others are experiencing localized problems" Sales of existing homes fell in 46 states during the July-September quarter as the housing market's slump worsened,
How do mortgage lenders get in trouble? They take big risks (USA Today) Q: How do mortgage companies like New Century Financial (NEW) lose money since they require 20% down from borrowers?read more...
Australia's Mortgage Insurance May Open Market To New Borrowers (Asia Pulse via Yahoo! Australia & NZ News) Lenders mortgage insurance (LMI) could open up the home market to buyers previously locked out by the prospect of hefty deposits.read more...
New Zealand's Dollar Lures Investors Unfazed by Deficit, Slowing Growth Interest rates in New Zealand are proving too high to resist in the foreign exchange market where a widening current account deficit and signs of slowing growth should be standing
Mortgage: Republic Hits Vegas With Less Paper (Bank Tech News) Las Vegas' real estate environment is much like the city itself- rapidly expanding, changing by the day and every bit the crapshoot. In an attempt to tame this volatile market-and
SYDNEY, March 10 (Reuters) – An Australian mortgage firm has received threatening phone calls, abuse and even a letter containing a white powder in recent weeks—all because its name is similar to a much bigger troubled finance company.
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