Mortgages

Archive for May, 2008

Mortgage firms face grading by state - Boston Globe (Mortgage News)

Saturday, May 31st, 2008

Mortgage firms face grading by stateBoston Globe, United States - 20 hours agoMassachusetts will publicly grade state-licensed mortgage companies on their efforts to help borrowers who can't afford their mortgage payments, …Mass. to judge mortgage companies on loan help Boston HeraldMortgage lenders face stricter rules Berkshire EaglePatrick Orders Closer Look at Response to Struggling Borrowers iBerkshires.comall […]

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MCSO: Tables Turned In Murder-For-Hire Plot - KPHO (Mortgage News)

Saturday, May 31st, 2008

PHOENIX — A West Valley mortgage broker who intended to pay a hit man $4,500 to murder his wife was arrested by an undercover detective posing as the would-be killer, the Maricopa County Sheriff’s Office said. Frank Arnold, 59, was apprehended Read More
NEW YORK, May 31 (Reuters) - JPMorgan Chase & […]

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Economy may lag, but no recession - Boston Globe (Mortgage News)

Saturday, May 31st, 2008

The Massachusetts economy will avoid a recession, but high energy costs, the struggling housing market, and anemic job growth will make many people, particularly the poor and less educated, feel like they’re in one, according to a new economic Read More
NEW YORK (Associated Press) - Rates on 30-year mortgages jumped this […]

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Mortgage lending drops to 16-year low - Irish Examiner (Mortgage News)

Friday, May 30th, 2008

APRIL saw the lowest annual growth rate in residential mortgage lending in 16 years, as evidenced by latest monthly statistics published by the Central Bank of Ireland yesterday. The year-on-year movement in mortgage lending in April showed an Read More
One of the biggest corporate casualties of the global credit crisis, Bear […]

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UK Lending For Mortgages Rose in April - Wall Street Journal (Mortgage News)

Friday, May 30th, 2008

UK Lending For Mortgages Rose in AprilWall Street Journal - May 27, 2008United Kingdom mortgage lending rose in April with support from refinancing activity, but new mortgage approvals remained down from last year as the credit …

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Finance Markets

Relief on mortgages over as Abbey lifts ratesTimes Online, UK - May 28, 2008Hopes that the worst is […]

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Moody’s see more bank rating pressure possible - International Herald Tribune (Mortgage News)

Thursday, May 29th, 2008

LONDON : Banks may face further pressure on their debt ratings this year as the credit crisis continues, Moody’s Investors Service warned on Friday, although most institutions can manage the downturn at current rating levels. “Moody’s has a negative Read More
A Yorkville woman was arrested Thursday on charges of coercing her […]

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Mortgage applications down 4.6% last week: MBA - MarketWatch (Mortgage News)

Thursday, May 29th, 2008

CNBC

Mortgage applications down 4.6% last week: MBAMarketWatch - May 28, 2008By Amy Hoak, MarketWatch CHICAGO (MarketWatch) — Mortgage applications fell a seasonally adjusted 4.6% last week due to a drop in refinancing activity, …Mortgage applications down in week United Press InternationalMortgage Application Volume Falls 4.6% FOXBusinessMortgage applications slipped in latest week: MBA ReutersFXstreet.com The Foreign […]

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Goodbye, Bear Stearns - CNN Money (Mortgage News)

Thursday, May 29th, 2008

NEW YORK (CNNMoney.com) — JPMorgan Chase should complete its historic bid for Bear Stearns Thursday, effectively closing one of the more dismal chapters in the annals of Wall Street. Nearly two-and-a-half months after the extraordinary tie-up was Read More
Resize Text NEW YORK (Reuters) - Prudential Financial Inc (PRU.N), one of the […]

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Mortgages 'have not completely fallen off the rails' - Money News (Mortgage News)

Wednesday, May 28th, 2008

Mortgages 'have not completely fallen off the rails'Money News, UK - 9 hours agoIndependent mortgage brokers John Charcol has described the latest figures from the British Banker's Association (BBA) as a "ray of hope". …

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BBC News

Abbey increase interest rates on fixed rate mortgagesEasier (press release), UK - 13 hours agoCommenting on the increase in interest rates on […]

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Aussies reeling in financial doom - News.com.au (Mortgage News)

Tuesday, May 27th, 2008

2 in 3 say their finances are worse now than 12m ago 76pc of Aussies say they are finding mortgage repayments difficult In-depth : All the latest on interest rates AUSTRALIANS are reeling in financial doom, with 2 in 3 saying their financial Read More
The property market slump seems set to […]

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