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Dallas' Lone Star Funds to buy IKB, German victim of US subprime mortgage crisis (Minneapolis-St. Paul Star Tribune) FRANKFURT, Germany - German lender IKB Deutsche Industriebank AG, which has been badly hit by the U.S. subprime mortgage crisis, will be sold to U.S.-based private equity firm Lone Star
Home Sellers: How to Find The Best Agent for the Job In today's weak housing market selecting the most-qualified professional to handle the sale of your property is imperative. June Fletcher on how to make your choice. read more...
CML sees Bank mortgage plan very positive step (Reuters via Yahoo! UK & Ireland News) The Bank of England's mortgage swap plan is a "very positive" step towards helping ease the credit crunch and it should allow lenders to pass on benefits to customers, the
Government releases mortgage fees review (AAP via Yahoo!7 News) Borrowers are set to benefit from increased competition following the release of a review highlighting the differences in fees on various mortgage products.read more...
Fed sets key topics for mortgage abuse hearing (Reuters via Yahoo! News) The Federal Reserve said on Tuesday a public hearing on potential new rules to curb abusive home mortgage lending practices would cover prepayment penalties, low documentation loans and consideration
Garages Part of Home-Remodeling Trend read more...