Mortgage Bankers: Desperate to Lend (BusinessWeek)
Refinancing volume has tumbled, as has profitability, so these lenders offer increasingly sweet deals in a scramble for market share
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UK mortgage lending slows further in April - BBA (Sharewatch) In its monthly analysis of the mortgage market, the British Bankers' Association said net mortgage lending rose by an underlying 5.0 bln stg in April, slightly lower than the previous
Developers note slowdown, blame rising fuel prices Concerns about high gas prices and the economy nearly halved the number of new home construction projects in Allen County last month, compared with April 2005, builders say.read more...
Get set for mortgage rate rises (Stuff) The pressure is on for fixed term mortgage rates to rise again soon and, if the Reserve Bank lifts official interest rates early next year, economists say the Kiwi dollar
General Growth Chief Exits Debt-laden mall owner General Growth has replaced CEO John Bucksbaum and President Robert Michaels and put three Las Vegas malls on the market.read more...
The businessman and congressman: Taylor's interest puts Russian town... ASHEVILLE - Once the textile center of the Russian Federation, Ivanovo is a city in trouble.read more...
Greenspan repeats call to rein in mortgage giants Fannie Mae, Freddie Mac (Canadian Business) WASHINGTON (AP) - U.S. Federal Reserve chairman Alan Greenspan issued a fresh call Thursday for Congress to limit the multibillion-dollar holdings of the mortgage giants Fannie Mae and Freddie Mac,