For Every Timeshare Promise, Plenty of Unanswered Questions
Q: On a recent vacation in the Caribbean, we were approached by a young woman who wanted us to buy into a vacation home’s ownership.
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Fitch Upgrades 9 Classes of LB-UBS Commercial Mortgage Trust 2003-C5 (FinanzNachrichten) ::? Fitch Upgrades 9 Classes of LB-UBS Commercial Mortgage Trust 2003-C5?:: Fitch Ratings upgrades LB-UBS commercial mortgage pass-through certificates, series 2003-C5, as follows: -- $22.8 million class B
Lenders join shared equity scheme Many families have been unable to keep up with rising house prices Three new lenders have joined the government's HomeBuy scheme, offering 20,000 shared equity mortgages.read more...
Ask AP: Mortgage insurance, taxing Social Security benefits (Washington Post) -- It sounds like a foolproof system for lending institutions: When someone's house is mortgaged to the hilt, the borrower has to get mortgage insurance, protecting the lender in the
Mortgage lenders welcome HIP move (Reuters.co.uk) LONDON (Reuters) - Mortgage lenders have broadly welcomed the government's decision to delay inclusion of building surveys in the much-criticised launch of Home Information Packs (HIPs).read more...
Dow Sinks 226 on Mortgage Market Worries (San Francisco Chronicle) Wall Street pulled back sharply Tuesday as investors dealt with disappointing earnings reports and rising concerns about the mortgage market. The Dow Jones industrials fell more than 200 points. DuPont
Suffolk loan processor pleads guilty in mortgage fraud scheme A loan processor from Suffolk pleaded guilty Wednesday in U.S District Court to conspiracy to commit mail and wire fraud.read more...
March 18th, 2008
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