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Scottish Widows drops 100 per cent mortgage (Daily Telegraph)  Scottish Widows has amended the terms of its professional mortgage, writes Myra Butterworth.read more...


Mortgage giants avert potential disaster (AP via Yahoo! News)   A potential financial disaster that could have shaken the housing market was averted because regulators discovered accounting failures at Fannie Mae and Freddie Mac, the new head of the


The Power of Inertia  It's not products, it's not technologies, it's not prices. It's uninterrupted comfort level.read more...


Red flags to bad mortgage decisions (Chicago Sun-Times)  The Illiois Attorney General's Office tells consumers to look out for these red flags before signing a mortgage: read more...


Fitch Downgrades LB 1995-C2 Commercial Mortgage Multiclass P-T Certificates (Business Wire via Yahoo! Finance)   LB Commercial Conduit Mortgage Trust's multiclass pass-through certificates, series 1995-C2, are downgraded by Fitch Ratings as follows:read more...


Will Boston Lead the Housing Bust?  Writing in the Lowell Sun, Dan O'Brien reports that a number of towns in Middlesex County are reporting year-over-year median price declines.read more...

January 31st, 2006

Americans saving the least money in 72 years

Stashing money in a bank just isn’t happening like it once did. For many of us, the bank has three or four bedrooms and a couple of baths.

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January 31st, 2006

Dutch Bank ABN Amro 4Q Profit Up 3 Percent

Dutch bank ABN Amro NV on Tuesday booked a 3 percent rise in net profit for the fourth quarter of 2005, citing improved business in wholesale and Brazilian banking activities.

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January 31st, 2006

Fitch Rates GMAC Commercial Mortgage Securities, Inc. Series 2006-C1 (Business Wire via Yahoo! Finance)

NEW YORK——Jan. 31, 2006—GMAC Commercial Mortgage Securities, Inc. series 2006-C1, commercial mortgage pass-through certificates are rated by Fitch Ratings as follows: $37,000,000 class A-1 ‘AAA’; $15,000,000 class A-1D ‘AAA’; $296,113,000 class A-1A ‘AAA’; $166,000,000 class A-2 ‘AAA’; $98,000,000 class A-3 ‘AAA’; $576,071,000 class A-4 ‘AAA’; $1,658,713,000 class XP ‘AAA’; $169,740,000 class

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January 31st, 2006

Greenspan’s last day at Fed winding down

On his last day as chairman of the Board of Governors of the Federal Reserve System, Alan Greenspan smiles as he presides over his final Federal Open Market Committee meeting at the the Fed’s headquarters in …

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January 31st, 2006

Housing packs could lead to return of gazumping, say mortgage lenders (Guardian Unlimited)

Mortgage lenders fear that measure will bring market distortion.

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January 31st, 2006

Eagle Lake Aims to Flush Haven Deal


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January 31st, 2006

ADV: Strong Buy Analyst Report for EPMI

Free analyst report for EPMI with a strong buy recommendation. Special situation with huge upside potential.

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January 31st, 2006

City Wants Residents, Developers to Talk


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January 30th, 2006

‘The Downward Side’ Of Mortgage Lending

A trio of reports provide an update on the home loan business. “ABN Amro Holding NV, the largest Dutch bank, may say fourth-quarter profit dropped as earnings from the U.S. declined and provisions for risky …

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January 30th, 2006

Turmoil building over homeowner dues

Casandra Pitts paid more than $500 in fines and fees for late dues. Foreclosure proceedings have been started against at least three Meadowview homeowners for failing to pay the dues.

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