Mortgage and Financial News From 2008-1-21 Page 69

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  • 5% mortgages to make a return - Home Move

    5% mortgages to make a returnHome Move, UK - 1 hour agoWith the effects of the US sub-prime mortgage crisis having an impact on banks, lenders are no longer offering those considered riskier borrowers the good ...
    2008-01-21 02:40:06

  • Northern Rock: 'A safe bet' - This is Money

    Northern Rock: 'A safe bet'This is Money, UK - 1 hour agoVirgin is probably the leading contender to acquire the bank and its valuable franchise of mortgage lenders and depositors but there are others, ...
    2008-01-21 02:43:04

  • US subprime to hurt China banks in 2008 - Guardian Unlimited

    US subprime to hurt China banks in 2008Guardian Unlimited, UK - 1 hour agoThe bank, China's biggest non-state lender, made some US subprime-related investments in 2004 and sold them two years later for 13.4 percent returns. ...
    2008-01-21 02:45:57

  • UK to Back Northern Rock Debt in Plan to Spur Sale (Update3) - Bloomberg

    UK to Back Northern Rock Debt in Plan to Spur Sale (Update3)Bloomberg - 55 minutes agoThe lender said it would work with bidders and the government to develop their proposals and its own standalone plan. A sale of the bank will need to be ...
    2008-01-21 03:05:16

  • Ann Fisher commentary: Many fed success of civil-rights movement - Columbus Dispatch

    Ann Fisher commentary: Many fed success of civil-rights movementColumbus Dispatch, OH - 51 minutes agoHer work taught her that mortgage lenders avoided blacks who wanted to buy homes in white neighborhoods. So, Hayes worked with others who would purchase the ...
    2008-01-21 03:08:26

  • Building societies experience a "bumper year" - London Stock Exchange

    Building societies experience a "bumper year"London Stock Exchange, UK - 43 minutes agoToday, the Council of Mortgage Lenders reports that gross lending rose to a record of £362 billion in 2007, compared to £345 billion the previous year.
    2008-01-21 03:17:19

  • A serious case of Monday blues - The Sun

    A serious case of Monday bluesThe Sun, UK - 38 minutes agoTell banks, building societies, credit card issuers, mortgage lenders and utility providers if you no longer share a financial connection – your credit ...
    2008-01-21 03:21:31

  • AToM adds igroup range to panel - Mortgage Strategy

    AToM adds igroup range to panelMortgage Strategy, UK - 6 minutes agoAll Types of Mortgages has added GE Money Home Lending’s igroup product range to its lender panel. Dale Jannels, sales and marketing director of AToM, ...
    2008-01-21 03:53:38

  • Bills Piling Up? Refinancing Your Car Puts Extra Cash In Your Pocket (Benton Evening News)

    (ARA) - Sometimes life throws you a curve ball. The water heater springs a leak, your son breaks a tooth or you need a plane ticket to visit a sick relative. These unplanned expenses add up and if you don't have savings to cover them, where will the extra payments come from?
    2008-01-21 02:17:52

  • Mexican Housing Booms Despite US Crisis (Seattle Times)

    In her bustling corner real estate brokerage, Ana Laura Pulido is doing her best business in years, enjoying a sort of Mexican immunity from the U.S. housing crash.
    2008-01-21 02:26:26

  • Search continues for missing man (Courier-Post)

    Marital problems led a high-ranking executive of a collapsed subprime mortgage lender to kill his wife inside their home and then jump to his death from the Delaware Memorial Bridge, authorities said Saturday.
    2008-01-21 03:15:04

  • U.K. to Back Northern Rock Debt in Plan to Spur Sale (Update3) (Bloomberg.com)

    Jan. 21 (Bloomberg) -- The U.K. government, in a last-ditch attempt to find a buyer for Northern Rock Plc, said it will guarantee a sale of bonds backed by the bank's home loans and gave bidders two weeks to come forward with proposals.
    2008-01-21 03:21:33

  • U.K. Home Prices Fall, Reviving Buyers' Interest (Update1) (Bloomberg.com)

    Jan. 21 (Bloomberg) -- U.K. house prices fell for a third month in January, reviving interest among prospective buyers after a slump in viewings late last year, Rightmove Plc said.
    2008-01-21 03:50:26

  • Euro Falls to Five-Month Low Against Yen; ECB Predicts Slowdown (Bloomberg.com)

    Jan. 21 (Bloomberg) -- The euro fell to a five-month low against the yen as global stocks slumped and European Central Bank council member Nout Wellink said economic growth may slow more than policy makers expected.
    2008-01-21 03:51:45

  • Bank said no? Try a personal lender online

    Seattle Post Intelligencer - It's fun to read through (the listings) and feel like you're lending to an individual, versus (buying) a CD, which is ... Lending Club sets the interest rates depending on your credit rating and tries to connect people with shared interests. Zopa, a ...
    2008-01-19 03:57:00

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