Bank cash plan ‘not mortgage aid’ (BBC News)
A £50bn loan plan for UK banks was not designed to “kick-start” the mortgage market, the Bank of England head says.
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Drivers of full-size SUVs migrate toward big pickups E-mail: Select one: Text Drivers of full-size SUVs migrate toward big pickups By James R. Healey, USA TODAY Owners are fleeing full-size SUVs in dramatic numbers, but it's not
McLean bank sells more stock to fund branch expansion McLean banking company Cardinal Financial Corp. sold more than $37 million worth of company shares last week in its second stock offering since going public in 1998.via
Confidence of builders keeps sinking The confidence of U.S. home builders fell for the eighth consecutive month in September, dropping to the lowest level since February 1991, the National Association of Home Builders said Monday.read
Church Mortgage REIT Foundation Capital Resources Completes $137 Million Asset-Backed Securitization (PR Newswire via Yahoo! Finance) Foundation Capital Resources, Inc. , the nation's leading Real Estate Investment Trust focused on providing mortgage financing to churches and other faith-based organizations, today announced it has completed the
Ex-Kmart CEO, CFO Face SEC Accusations The SEC's complaint charges Conaway and McDonald with securities fraud and aiding and abetting securities fraud.read more...
30-Year Mortgage Rates Continue to Climb (Los Angeles Times) Rates on 30-year fixed-rate mortgages averaged 6.58% this week, up from 6.53% last week and the highest since the week of June 20, 2002, mortgage company Freddie Mac said.read more...