Banks diverging on mortgages
Banks are adopting different attitudes toward the overheated real estate markets, with some discouraging potential speculators by tightening mortgage loan provisions for people who own a home, and others luring …
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HSBC says on top of U.S. mortgage problems (Reuters via Yahoo! UK & Ireland Finance) Europe's biggest bank HSBC Holdings said it was confident it was on top of the problems in its troubled U.S. mortgage book despite reporting another big jump in
Mortgage lending strong in 2005 (BizJournals) Hawaii's mortgage business is expected to end the year stronger than expected.read more...
December home builder sentiment holds at record low "Builders continue to look for signs of improvement in the ongoing mortgage market crisis that is weighing on housing and the overall economy" Home builder sentiment held at a
Smart Money Moves? This morning, the better-than-expected housing starts and building permits numbers caused the currency markets to start viewing the dollar favorably again.read more...
News from the San Joaquin Valley A former Modesto mortgage banker pleaded guilty to 122 felony counts of fraud and money laundering and admitted he and his wife preyed on low-income and minority clients with poor
Maine supreme court rejects mortgage foreclosure by Camden bank (Camden Herald) CAMDEN ? A mortgage foreclosure by the Union Trust Company, now part of Camden National Bank, has been thrown out by the Maine Supreme Court, which has ruled that the