Mortgage Industry News

THE last major lender to offer 'self-certified' mortgages pulled out of the market last week, leaving four million self-employed facing a potential home-loan crisis, along with millions more casual and

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Nationwide Real House Price Index now up 7 consecutive months - 4 Hours ago

Nationwideâ??s â??Realâ? House price Index increased by 0.9% in September, almost the same as Augustâ??s 1.0% rise. The seasonally adjusted figure for September was very similar at + 0.9%, leaving the

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The FSA fails to understand the mortgage market - 4 Hours ago

The Financial Services Authorityâ??s Mortgage Market Review was published yesterday and although you are not at risk of getting autism from this MMR there will be a significant amount of consumer detriment

No Documentation Verification Mortgages Still Available! - 5 Hours ago

The previous year and a half or so has seen a massive chain of events happen in the New Jersey conforming loan industry with the fall of hundreds if not thousands of loan companies and the elimination

Administration Rejects Plan to Buy Fannie Mae Credits - 13 Hours ago

The Obama administration on Friday rejected a proposal by Goldman Sachs to buy as much as $1 billion in tax credits from Fannie Mae, saying the deal would have amounted to a net loss for taxpayers. â??It

Digest: Goldman blocked from buying Fannie Mae assets - 20 Hours ago

The Obama administration on Friday denied Goldman Sachs's offer to buy millions of dollars in assets from struggling mortgage finance giant Fannie Mae. The offer was not a good deal for taxpayers, according

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Axis Banks home loan exhibitions - 9 Hours ago

CHENNAI: Axis Bank is organising home for all expo at major locations across the country. This follows the tremendous success of a similar expo organised last year. These expositions will showcase a wide

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Sandwich lease options may not deliver for investors says mortgage specialist - 14 Hours ago

As No Money Down financing for buy to Let investors has virtually been stamped out by lenders, sandwich lease options are now being offered as the saviour for property investors wanting to make money

Cardiome to Release Third Quarter Results - 5 Hours ago

NASDAQ: CRME TSX: COM VANCOUVER, Nov. 6 /PRNewswire-FirstCall/ - Cardiome Pharma Corp. (NASDAQ: CRME / TSX: COM) today announced that it will report financial results for the third quarter ended September

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Mortgage approvals reach 18-month high - 16 Hours ago

The number of mortgages approved for house purchases hit an 18-month high in September, but the figures masked a great decline in remortgages, according to Bank of England statistics. Figures from the

Abbey claims to dominate UK mortgage market - 16 Hours ago

Mortgage lender Abbey has claimed more than a fifth of the shrunken mortgage market between July and September, as it filled the gap left by struggling rivals. The group's gross lending of 19 billion

100% Cash Out Refinance with Home Equity Loan - 17 Hours ago

Benefit Many lenders offer borrowers the option to cash out their equity, often times all the way up to 100% of the current appraised value of their property. This is an option that is available to all

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Bank of Colorado Announces Colorado ENERGY STAR Mortgage Pilot Program - 20 Hours ago

Buy a more Energy Efficient home, and get a better mortgage. The Bank of Colorado is pleased to announce the launch of the Colorado ENERGY STARÂ® Mortgage Pilot Program. Homeowners and homebuyers can

The Day Ahead: Fannie Mae Needs Another Bailout; Markets... - 22 Hours ago

Trading is cautious ahead of the months most important indicator. Equities jumped more than 2% on Thursday on optimism for the labor market and positive earnings from blue-chip companies, but sentiment

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U.S. home mortgage interest rate drops below five percent, says Freddie Mac - 23 Hours ago

The average interest rate on traditional 30-year fixed-rate mortgages fell back below 5 percent this week, Freddie Mac said Thursday. The mortgage giant's statement was based on its survey of lenders,

Compare All Home Loans - 11/7/2009

*The Comparison Rate combines the lender's interest rate, fees and charges into a single rate to show the true cost of a home loan. The comparison rate displayed is for $150,000 over 25 years, and applies

Mortgage mess: how to beat the rate rises - 11/7/2009

This time next year the cash rate could be as high as 5 percent, meaning this month's rate rise of 0.25 percent is just the beginning of an upward rate cycle. One-quarter of a percentage point may not

all 1 news articles >>

Nationwide announced new mortgage deals - 11/7/2009

Nationwide Building Society has announced it is cutting its fixed and tracker rates on selected products which will be available from Friday 6th November 2009. For those buying a home: 1. Two year fixed

Mortgage finance giant loses $6.3B, won't seek new aid - 11/7/2009

WASHINGTON - US mortgage finance giant Freddie Mac said Friday it lost $6.3 billion for shareholders in the third quarter but would not seek any additional bailout funds from the government. The firm,

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