HBOS hit by mortgage margin fall (Reuters.co.uk) LONDON (Reuters) - HBOS , the biggest mortgage lender, said higher funding costs hit its margins last year and both financial and housing markets were set to stay tough, eclipsing
New-Home Sales Sink, As Does the Forecast Sales of new homes in June took their worst tumble in five months, provoking new worries on Wall Street about how much the economy will be harmed by a
Home Remodeling Is Bright Spot For No.Ky. Economy "The risk factor seems to be a lot less than if I started on a new project from scratch" Spending for home improvement up 10%, compared to 3% across
MGIC Swings to $1.5B Loss in 4Q "We feel they are not enough to help us return to profitability in a market where real estate values are declining" Mortgage insurer MGIC Investment Corp. said it's looking
Polls open soon for state election An election will be held Nov. 8 on nine state constitutional amendments. The amendments affect the railroad renovation and improvement fund, marriage, economic development programs, bail for defendants, ...read more...
Anworth Mortgage Asset Corporation Announces Update on Subsidiary (Finanzen.net) Anworth Mortgage Asset Corporation ("Anworth?) (NYSE:ANH) announced today that its wholly-owned subsidiary, Belvedere Trust Mortgage Corporation ("Belvedere?), which is being accounted for as a discontinued operation, received a ...read more...
Aug. 12 (Bloomberg)—JPMorgan Chase & Co. had its biggest slump in six years after reporting a $1.5 billion loss on mortgage-backed assets in less than two months.
read more…
This entry was posted
on Tuesday, August 12th, 2008 at 8:21 am and is filed under Mortgages.
You can follow any responses to this entry through the comments RSS 2.0 feed.
You can leave a response, or trackback from your own site.
Leave a Reply