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Lynn Wilber Real Estate Industry News >> MORTGAGE INDUSTRY November 23, 2008 members login here
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Mortgage lending increases by 7%
Guardian Unlimited - 3 Hours ago
The Council of Mortgage Lenders (CML) said gross mortgage lending totalled 18.7bn in October, up from September's record low of 17.4bn. Despite interest rate cuts in October and November, which have brought
Mortgage lending up by 7% Mortgage Finance Gazette
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Mortgage meltdown fallout
CNN - 6 Hours ago
Home| World | U.S. | Politics | Entertainment | Health | Tech | Travel | Living | Business | Sports | Time.com © 2007 Cable News Network LP, LLLP. A Time Warner Company. All Rights Reserved. Terms of
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UAE starts procedures to merge two leading mortgage lenders
People's Daily Online - 6 Hours ago
The United Arab Emirates (UAE) announced on Saturday that its finance ministry has started the official procedures to merge the country's two leading mortgage lenders, local Emirates News Agency reported.
Official procedures begin to merge Amlak, Tamweel ArabianBusiness.com
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First American Touts Reverse Mortgage Scoring
HousingWire.com - 7 Hours ago
The First American Corporation (FAF: 15.19 +0.53%) said earlier this week that it has developed what it believes is the first scoring system to help servicers identify candidates for a government-insured
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Credit Suisse Cuts Interest Rates for Adjustable-Rate Mortgages
Credit Suisse - 8 Hours ago
In line with developments on the money and capital markets, Credit Suisse is cutting its interest rates for adjustable-rate mortgages. The guideline rate for adjustable-rate first mortgages will be cut
Credit Suisse maintains "overweight" rating on telecom sector Macro World Investor
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Top hits: Idiots, mortgages and Angelina
San Francisco Chronicle - 23 Hours ago
1. Are you an idiot to keep paying your mortgage? 4. Feds say S.F. has more pot clubs than Starbucks In the top spot, Kathleen Pender's provocatively titled column on the mortgage crisis was picked up
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Mortgage rates decline
Los Angeles Times - 11/22/2008
Rates on 30-year fixed-rate mortgages averaged 6.04% this week, down from 6.14% last week, mortgage company Freddie Mac said. Rates on 15-year fixed-rate mortgages dropped to 5.73% from 5.81% last week,
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No job, bad mortgage, bad luck
Money - 11/22/2008
NEW YORK (CNNMoney.com) -- All the foreclosure prevention plans announced to date will do little to help the next wave of delinquent homeowners, who can't make their monthly payments because they've lost
• No job, bad mortgage - out of luck CNN Money
No job, bad mortgage - out of luck CNN
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Commercial Mortgages Next?
Washington Post - 11/21/2008
NEW YORK, Nov. 20 -- Another levee in the financial markets is crumbling. Fears about rising default rates and declining property values, which engulfed the home mortgage market at the start of the credit
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Lenders lower mortgage rates but raise hurdles Download free Congoo NetPass for access
FinancialTimes.com - 11/21/2008
Borrowers are having to meet tougher lending criteria, just as the cost of mortgages has started to ease, as banks restrict their best deals to a shrinking pool of customers. New tracker rates are only
Inter-bank rates lower but risk averse Ireland Business World
Bank of Japan holds interest rate steady at 0.3 per cent - Summary Earthtimes.org
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Pets go to pounds due to mortgage meltdown
ExpressNews.lk - 14 Hours ago
PM - Furry signs of a down-trending economy peer dolefully from every kennel at the Broward County Humane Society shelter in Florida and hundreds of others across the country. Bentley, a 3-year-old Lhasa
Mortgage meltdown results in pets going to pound Bay News 9
Mortgage woes mean more pets going to pound CNN
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Has the Fed Mortgaged Its Own Future?
Barrons Online - 16 Hours ago
IF THE FEDERAL RESERVE BANK WERE A COMMERCIAL LENDER, it would be a candidate for receivership, based on its capital ratios. Bank examiners generally view any lender with a ratio below 2% to be dangerously
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Bernard Hickey : Mortgage pain on the rise
New Zealand Herald - 17 Hours ago
Bernard Hickey: Mortgage pain on the rise Page 1 of 2 4:00AM Sunday Nov 23, 2008 Bernard Hickey There is one sure way to capture the mood of the real estate market and economy right now. Go to Trade Me
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Mortgage market still weak despite 7% rise
The Times - 11/20/2008
Mortgage lending rose nearly 7 per cent last month, but the Council of Mortgage Lenders (CML) warned of 'continuing weakness' in the market. Figures released this morning by the CML showed lending in
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Should You Stop Making Your Mortgage Payments?
BusinessWeek - 11/21/2008
A debate has sprung up in the San Francisco Chronicle and on other blogs about whether itâ??s right for homeowners to deliberately stop making payments in order to qualify for programs that reduce their
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BRIEF-Entergy New Orleans files to offer up to $125 mln in first mortgage bonds
Forbes.com - 11/21/2008
Nov 21 (Reuters) - Entergy New Orleans Inc: * Files to offer up to $125 million in first mortgage bonds - SEC filing (For more news, please click here) COPYRIGHT Copyright Thomson Reuters 2008. All rights
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Mortgages in negative equity jump by 174pc
South China Morning Post - 11/21/2008
The number of residential mortgage loans in negative equity jumped 174 per cent to 2,568 in the third quarter of the year as property prices dropped 7 per cent. Property agents expect the number to increase
Q3 negative equity mortgages rise ISD.gov.hk
Residential mortgage loans in negative equity September quarter 2008 Hong Kong Monetary Authority
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US mortgage rates unchanged on Friday - BestInfo
Forbes.com - 11/21/2008
NEW YORK, Nov 21 (Reuters) - The average rate on a 30-year U.S. mortgage with no upfront points was unchanged at 6 percent on Friday, according to BestInfo Inc. The 30-year mortgage rate with one upfront
US mortgage rates unchanged on Friday - Be... Hemscott
US mortgage rates unchanged on Wednesday -BestInfo Forbes.com
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Mortgage Vs. Medicine
MSNBC Newsweek - 11/21/2008
This week Billy Annese turned 28. That's remarkable since doctors once predicted that he'd never make it past 16. Annese suffers from a disease called Friedreich's ataxia, a progressive neurological disorder
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One Family's Struggle to Pay Their Mortgage
MSNBC Newsweek - 11/21/2008
This week Billy Annese turned 28. That's remarkable since doctors once predicted that he'd never make it past 16. Annese suffers from a disease called Friedreich's ataxia, a progressive neurological disorder
Thousands more are struggling to pay their mortgages Glasgow Herald
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Freddie Mac to sell $3 billion in bills next week
Forbes.com - 11/21/2008
NEW YORK, Nov 21 (Reuters) - Freddie Mac said Friday it plans to sell $3 billion of reference bills next week. The scheduled offerings are: -- $1 billion of three-month bills due Feb. 23, 2009 to be sold
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PREVIEW-No quick fixes seen from key UK mortgage report
Forbes.com - 11/21/2008
LONDON, Nov 21 (Reuters) - Government guarantees for mortgage-backed bonds and allowing lenders to swap loans for easily saleable government debt could be among proposed remedies for the ailing British
PREVIEW-No quick fixes seen from key UK mortgage... Hemscott
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More than 120 people evicted every day Council of Mortgage Lenders figures show
Telegraph - 11/21/2008
Repossession numbers have not been this high since the early 1990s and, in a sign that the problem is likely to get worse, official figures revealed a sharp rise in home owners falling behind with their
Council of Mortgage Lenders' figures to show increase in... 24dash.com
Council under fire over mortgage adverts for people in arrears Birmingham Post
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Home truths for mortgage lenders
Guardian Unlimited - 11/21/2008
It is now clear that the housing market has . House price and mortgage lending statistics have been heading down for months, negative equity is rising alarmingly and repossessions are forecast to double
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Economy becomes top worry for EU mortgage lenders
Reuters UK - 11/21/2008
BRUSSELS (Reuters) - There is no end in sight to problems in Europe's 6 trillion euro (5 trillion) home loans market but countries with conservative lending policies are riding the storm relatively well,
Economy becomes top worry for EU mortgage lenders 22 mins ago CNBC
Economy becomes top worry for EU mortgag... Hemscott
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