RBS Raising $23.9B After Mortgage Losses (TheStreet.com)
The British bank said it would seek the capital infusion through a rights issue to cover $11.7 billion in losses tied to the U.S. mortgage market.
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Regulators tell banks to explain mortgage risks to borrowers (WRIC 8) WASHINGTON While the standard 30-year, fixed-rate mortgage may be pretty simple to understand, there are all sorts of nontraditional programs out there that aren't. But that's about to change.read more...
Handling Mortgage Crisis (The Post-Standard) Washington - The Bush administration and the mortgage industry, trying to combat a massive wave of foreclosures, are working out a proposal to temporarily freeze interest rates on certain troubled
In the grip of mortgage madness (The New Zealand Herald) Young Aucklanders are signing up for mortgages of up to $1 million, sparking fears an entire generation could be heading for a cash crisis.via
Susan Sets Up Finance Brokerage Published in The Cumberland News on Friday, June 9th 2006 Niche: Susan Boyd will provide a 'unique' independent servicePicture: STUART WALKER THE former business development manager at the Royal Bank
U.S. Foreclosures, Mortgage Delinquencies Hit Record High (Fox News) U.S. Foreclosures, Mortgage Delinquencies Hit Record High read more...
Real Estate Calendar Here are some events that builders and developers have scheduled for would-be home buyers in the coming weeks. All are free and open to the public. read more...