Homebuy scheme ‘unworkable’
The government has been forced to concede that its election pledge to allow housing associations tenants a share in their properties is not financially viable for landlords, it emerged today.
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Mortgage Rates Continue to Rise (Fox News) The average U.S. interest rate on 30-year mortgages rose to a level seen in mid-August, mortgage finance company Freddie Mac (FRE) said Thursday.read more...
Housing market slowdown continues "However, inflationary concerns are likely to limit the pace of Bank of England interest rate cuts, so no more than a 25 basis point cut to 5.25% seems likely next
British regulator may punish unscrupulous mortgage lenders (International Herald Tribune) British lenders are providing mortgages to customers who do not need them and may not be able to afford them, practices that may lead to "serious wider consequences," the British
Mortgage Banking Veterans Launch New Firm -- Agire Mortgage (SYS-CON Media) Agire Mortgage Corporation officially opened its doors for business on May 1, 2007, with a vision focused on using technology to simplify the loan origination process, while delivering high quality
Ex-CEO admits raiding Buca till Joseph Micatrotto, former chief executive of Buca Inc., has agreed to pay a $500,000 civil fine and give back $65,000 to settle charges of securities fraud, the Securities and Exchange
Direct Investment Japan Co. Ltd. Acquires Majority Interest in MorNorth Mortgage Holdings Inc. (Business Wire via Yahoo! Finance) MorNorth Mortgage Holdings Inc. , a New Mexico corporation, announced today that Direct Investment Japan, Co. Ltd. has acquired a majority interest in the company. Concurrent with the change