Property derivatives game to aid UK market The initiative, which is being spearheaded by Hermes, the investment fund, is intended to give investors, property companies and investment banks the chance to gain practical experience in trading derivatives
(AFX UK Focus) 2005-05-25 10:17 GMT: SCH's Abbey fined 800,000 stg for mishandling mortgage endowment complaints (Interactive Investor) LONDON (AFX) - The UK's Financial Services Authority (FSA) said it has imposed an 800,000 stg fine on Abbey, the British bank acquired last year by Spain's Banco Santander Central
Bush Says Administration Will Expand Mortgage-Relief (Bloomberg via Yahoo! News) March 29 (Bloomberg) -- President George W. Bush said the government will expand efforts to help homeowners avoid foreclosure as Democrats increase pressure on his administration to reduce unaffordable
Sellers get HIP to energy efficiency From Monday onwards anyone selling a house with three bedrooms or more will have to get a Home Information Pack. via Mirror.co.uk read more...
Wachovia's New Guidelines Could Make It Harder To Get A Mortgage (New London Day) Charlotte, N.C. ? Wachovia Corp. is revising the underwriting policies in its mortgage loan business, a step that could make it harder to take outread more...
Turn your home into a boardinghouse Renting out a spare room, basement or converted garage may put more money in your pocket during tough times.read more...
WASHINGTON —The mortgage industry may be in meltdown, but at least one class of lender appears to be flourishing: Islamic finance companies that offer Muslim homebuyers alternative arrangements such as lease-to-own deals so they can avoid making the sort of interest payments that many believe… ... – By N.C. AIZENMAN The Washington Post
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