Bank of America to buy MBNA for 35 billion dollars
Bank of America said it had agreed to buy MBNA for some 35 billion dollars, bringing together the third-largest US banking group with the world’s biggest independent credit card issuer.
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Homeowners face 2 bln pound mortgage lock-in (Tiscali) In January, the Financial Services Authority (FSA) gave lenders until the end of February to justify their high mortgage exit fees, also called "discharge", "vacating" or "sealing" fees.read more...
Worldly goods: Interior design goes global in the South End "It's not feminine or masculine" An influx of internationally inspired interior design stores is bringing a worldly lair to the Boston neighborhood, and changing the way residents define decor.
Today's Risky New Mortgages: Are They Right For You? Rapidly rising home prices have pushed home ownership out of reach for many people, so lenders have created a whole new generation of mortgage loans, ranging from the risky to
Subprime mortgage situation 'manageable,' official says (Minneapolis-St. Paul Star Tribune) WASHINGTON The government is monitoring the distress in the subprime mortgage industry and believes the current situation is "manageable," a high-level Treasury Department official said Monday. The comments by Robert
Sorting out joint account after death Dr. Don advises a reader who wonders what the rules are on a joint saving account when one person dies.read more...
Help for borrowers in trouble (Los Angeles Times) To homeowners who fall behind on mortgage payments: Don't panic, you've got options.read more...