Mortgages

Archive for October, 2007

Economic growth rate edges up (Mortgage News)

Wednesday, October 31st, 2007

Reuters - Surveys have shown that consumer confidence has suffered as a subprime mortgage crisis lingers on. Instead, consumer spending picked up to a 3 percent annual rate during the third quarter from 1.4 percent in the second quarter, a powerful stimulant Read More
Boston Globe - Wednesday, Morgan Stanley analyst Kenneth […]

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Lender offers mortgages for Muslims - Stuff.co.nz (Mortgage News)

Tuesday, October 30th, 2007

Stuff.co.nz

Lender offers mortgages for MuslimsStuff.co.nz, New Zealand - 12 hours agoLouise Ledger – the director of independent lender Moorhouse Mortgages – said the ruling had been a first in terms of a "halal" package for the New Zealand …

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'People have mortgages, cars to pay, children to look after …Belfast Telegraph, United Kingdom - 20 hours agoOthers expressed […]

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UBS Reports SF830 Million Loss on Debt Writedowns (Update6) (Mortgage News)

Tuesday, October 30th, 2007

Bloomberg - Oct. 30 (Bloomberg) — UBS AG, Europe’s largest bank by assets, reported its first quarterly loss in almost five years after declines in the U.S. subprime mortgage market led to $4.4 billion in writedowns on fixed-income securities. The third-quarter Read More
Forbes - The Charles Schwab Bank, N.A. (member FDIC) […]

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Negative Equity Risk For First Time Buyers Who Take 100% Mortgages? - Letting News (Mortgage News)

Tuesday, October 30th, 2007

Letting News

Negative Equity Risk For First Time Buyers Who Take 100% Mortgages?Letting News, UK - 3 hours agoRecent speculative research from an online mortgage company estimates that around 33000 first time buyers may have taken out 100 percent or more mortgages …33000 first-time buyers risk negative equity MyFinances.co.ukNegative equity now 'real risk' Mortgage IntroducerNew first time buyers […]

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McCanns Accused of Using Madeleine Fund to Pay Their Mortgage (Mortgage News)

Monday, October 29th, 2007

FOX News - A spokesman for the McCann family has refused to comment on allegations they used some of the Madeleine fund to pay their mortgage. The statement comes after the Daily Mail reported that the family’s spokesman, Clarence Mitchell, confirmed: “part Read More
Washington Post - Even before Merrill announced a […]

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McCanns 'used Madeleine fund to pay their mortgage' - Scotsman (Mortgage News)

Monday, October 29th, 2007

Daily Mail

McCanns 'used Madeleine fund to pay their mortgage'Scotsman, United Kingdom - 3 hours agoCASH from the fund created to help find the missing youngster Madeleine McCann has been used to pay the family's mortgage, it was claimed last night. …McCanns Accused of Using Madeleine Fund to Pay Their Mortgage FOX NewsGerry and Kate McCann Used Madeleine […]

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Mortgage Lenders Taking Big Risk in Michigan - WLNS (Mortgage News)

Monday, October 29th, 2007

Philadelphia Inquirer

Mortgage Lenders Taking Big Risk in MichiganWLNS, MI - 17 hours agoA new report finds that mortgage lenders are taking a big risk in Michigan. A First American Core Logic study finds eight of the ten riskiest markets are …Home's Story Follows Foreclosure Process The Associated Pressall 111 news articles

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Bank of Scotland's 2.5 bln […]

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Nigeria: Workers to Enjoy N40bn Mortgage - AllAfrica.com (Mortgage News)

Monday, October 29th, 2007

Nigeria: Workers to Enjoy N40bn MortgageAllAfrica.com, Washington - 59 minutes agoThe Lagos state government has said that the N40billion mortgage programme it recently launched includes all workers in the state who have some means of …

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Conde Nast Portfolio

Mortgage industry facing more troublesBusinessWeek - Oct 26, 2007By STEPHEN BERNARD In all phases of the mortgage industry […]

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GMAC to join Cerberus bid for Northern Rock (Mortgage News)

Sunday, October 28th, 2007

MSN UK News - LONDON (Reuters) - U.S. financial services firm GMAC is preparing to spearhead a bid for mortgage lender Northern Rock , according to the Sunday Times. GMAC is to play a role in a bid being put together by private equity firm Cerberus

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Reader opinions on Business news (Mortgage News)

Sunday, October 28th, 2007

St. Petersburg Times - Let our generation not be one of the first to pass our debt on to our children and mortgage their financial futures. Rob Chapman, Dunedin Real estate market Bad press hurts housing sales If you continually tell a kid that he or she is stupid, after a Read […]

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