Gilts Gain as Mortgage Approvals Fall to Lowest Level in Decade Aug. 26 -- U.K. government notes rose, pushing the 10-year yield to the lowest level in more than four months, as an industry report showed mortgage approvals held near the weakest level in a decade.
A&L cuts some mortgage rates Mortgage bank Alliance & Leicester said it is cutting the rates on some of its home loans.
Thornburg Mortgage 2nd-quarter profit jumps Troubled mortgage lender Thornburg Mortgage Inc. said late Monday that its profit increased by more than five times in the second quarter, due to big one-time gains from the sale of assets and decreases in the fair value of certain items.
UK mortgage lending 'levels off' Mortgage lending by major banks flattened out in July but the amount borrowed for day-to-day spending slowed, figures show.
U.K. July Mortgage Approvals Hold Close to Decade Low (Update1) Aug. 26 -- U.K. mortgage approvals held close to the lowest in at least 11 years in July as property values slumped, a report by the British Bankers' Association showed.
UK mortgage lending at record lows Mortgage lending remained at record lows last month, with Britain's beleagured housing market showing little signs of any recovery.
U.K. July Mortgage Approvals Hold Close to Decade Low, BBA Says Aug. 26 -- U.K. mortgage approvals held close to the lowest in a decade in July as property values slumped, a report by the British Bankers' Association showed.
Thornburg Mortgage Profit Climbs, Makes Margin Calls Thornburg Mortgage Profit Climbs, Makes Margin Calls
Fitch Upgrades 1 Class of Heller Financial Comm'l Mortgage Asset Corp. Series 2000-PH1 Fitch Ratings upgrades Heller Financial Commercial Mortgage Asset Corp.'s Heller Financial mortgage pass-through certificates, series 2000-PH1, as follows:
Erie man admits role in mortgage scam ERIE, Pa. -- An Erie businessman has admitted participating in a low-income mortgage scam that federal prosecutors say defrauded victims out of more than $1 million
Fitch Assigns Distressed Recovery Rating to Merrill Lynch Mortgage Trust, Series 2006-C1 Fitch has assigned a Distressed Recovery DR rating to Merrill Lynch Mortgage Trust, series 2006-C1 commercial mortgage pass-through certificates as follows:
Florida, California lead in mortgage fraud Reported incidents of mortgage fraud jumped 42 percent nationwide, with Florida and California reporting the highest number of cases, according to industry data released Monday. Properties in the Sunshine State accounted for nearly a quarter of all mortgage...
Mortgage giants' stocks up WASHINGTON -- Shares of Fannie Mae and Freddie Mac soared Monday in a respite from their battering in recent days, while some regional banks saw their stocks sink on worries they could be swept up in the turmoil surrounding the mortgage finance giants.
Fitch Upgrades 5 classes of GS Mortgage Securities Corp. II Series 2004-C1 Fitch Ratings has upgraded five classes of GS Mortgage Securities Corp. II Series 2004-C1 as follows:
Mortgage fraud vaults 42% NEW YORK -- Reported incidents of mortgage fraud jumped 42 percent nationwide, with Florida reporting the highest number of cases, according to industry data released yesterday.
Mortgage approval rate is at a standstill Shattered confidence in the housing market shows no signs of recovery, gloomy mortgage figures revealed today. The number of home loans approved for buying houses and flats was virtually unchanged last month from June - but almost two thirds down on a year ago.
Hunter: Mortgage fraud victim or suspect? A Waterford Township man says veteran Detroit Pistons guard Lindsey Hunter was a key figure in a mortgage fraud that left him broke, ruined his credit rating and wrecked his marriage.
Mortgage fraud cases up 42% in U.S. New York- Reported incidents of mortgage fraud jumped 42 percent nationwide, with Florida reporting the highest number of cases, according to industry data released Monday.
Wells Fargo's mortgage head to retire next year Wells Fargo & Co. said Monday that Mark Oman, the head of its mortgage and consumer finance group, plans to retire by the end of next year.
MHDC expanded mortgage assistance includes Howard County Missouri Housing Development Commission MHDC has mortgage financing available for a limited time to purchase homes located in disaster areas. The recently-enacted “Housing and Economic Recovery Act of 2008” includes a presidential disaster declaration.
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