* You are viewing the archive for March, 2008
|
RBS launches buy-to-let mortgage cull
Times Online, UK - The average loan-to-value for a buy-to-let mortgage is 76 per cent, according to Legal & General. Landlords have found it increasingly difficult to obtain … Legal & General mortgage index finds residential buyers favour … Home loan rates rise for existing customers |
More: continued here
 Lompoc Record |
Paulson proposes financial overhaul
Forbes, NY - The administration's plan drew criticism, however, from Democrats who said it did not go far enough to deal with abuses in mortgage lending and securities … Federal Reserve's authority would expand under proposal Henry Paulson calls for radical regulatory banking reform  Comment by David Hirschmann Pres., Center for Capital Markets Competitiveness |
More: continued here
Being a home owner can be frustrating at times. You may reach a point where your finances require that you find a mortgage. This opens an entirely different challenge to you. Where do you go for your mortgage? Whose advice do you trust? Totally Money provides you with all of the information and advice that you need regarding finding the mortgage that is right for you.
More: continued here
If your dad is 60 years old, hale and hearty, is he still fit for a mortgage refinance and a new romance? Yes, of course! You might be surprised, but lenders are not averse to lending senior citizens money if they have the collateral and the right pre-qualifications. When it comes to love, it’s a different story altogether.
More: continued here
|
Northern Rock triples mortgage default provision
Guardian, UK - It said it had seen an increase in the number of residential customers who are in arrears with their mortgage payments, thanks to "deteriorating market … |
More: continued here
 CNBC |
CORRECTED - US insured mortgage defaults up 38 pct in February
Reuters - By Jonathan Stempel NEW YORK, March 31 (Reuters) - Defaults on privately insured US mortgages rose 38.1 percent in February, as a growing number of … Defaults on Insured Mortgages Rise 38% in February (Update4) Insured Defaults Rise 38 Percent in February |
More: continued here
|
US lawmakers willing rescuers in mortgage crisis
Reuters - By Richard Cowan WASHINGTON (Reuters) - The home mortgage crisis that has Wall Street and consumers worried about an economic meltdown is prompting many in … |
More: continued here
|
Clarify reverse mortgage laws
Business Standard, India - The solution was the Finance Minister’s gift to senior citizens in last year’s budget — the reverse mortgage scheme. Earlier, such informal arrangements … |
More: continued here
 The Southern Ledger |
Congress poised to tackle tricky mortgage crisis
Newsday, NY - The goal is to help strapped borrowers and thaw a credit market plagued by uncertainty about the value of subprime mortgages made to people with spotty … Bush Says Administration Will Expand Mortgage-Relief (Update1) Bush Plan May Forgive Some Mortgage Loans, Washington Post Says How did we get into this foreclosure mess? |
More: continued here
|
US mortgage bailout: Bear wishes
L’Agefi (Abonnement), Switzerland - JPMorgan’s government-backed takeover of Bear Stearns makes many homeowners struggling to pay their mortgages envious. After all, they’re kept on … |
More: continued here