Fat Cats' Friend? JAMES JOHNSON, A FORMER CHAIRMAN of Fannie Mae, just can't stay away from boardrooms.read more...
Mortgage lending growth eases in September (Reuters via Yahoo! UK & Ireland News) Mortgage lending growth eased in September but remained above its recent average, suggesting the housing market is not slowing sharply, British Bankers' Association figures showed on Thursday.read more...
GM: Mortgage meltdown will hurt sales (MSNBC) The crisis in the U.S. mortgage market has hurt U.S. auto sales this month, General Motors Corp. Vice Chairman Bob Lutz said on Monday.read more...
Refinancing with a bad credit score You would probably be better off to wait until your credit score improves, says Dr. Don.read more...
A Dangerous Combination: Rising Debt and Falling Housing Prices The wonderful world of leverage has lifted homeownership to near-record levels, and we thump our chests with pride at the prosperity and middle-class life that possessing a home implies. Hovering
Barclays acquires Italian mortgage business of Macquarie (Banking Business Review) Barclays Bank has completed the purchase of the Italian residential mortgage business of Macquarie Bank. The business includes a mortgage portfolio with a total outstanding balance of approximately E1.1 billion.read
It’s tough to get a mortgage today—but that’s not news. Every financial institution is tightening lending standards and requiring a higher down payment and raising interest rates. Well, almost every lender is doing that.
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