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Home repossessions

Home repossessions 25/10/2011

02:56 : Obama pledges new efforts to ease US home repossession crisis - Barack Obama launched a new effort last night to revive the moribund US housing market, in the hope of putting the world's largest economy on a path to recovery and shoring up his shaky re-election bid.

Home repossessions 07/09/2011

16:10 : Repossession: why we need a new bank directive - Guest blogger and economist Stephen Kinsella is all too familiar with mortgage arrears through the charity work he does on repossession cases. Here he suggests a five-point plan for the government and banksDebt ...
Source : guardian-co-uk

Home repossessions 28/06/2011

20:41 : Bank of England: Home repossessions to stay low - According to Sir Mervyn King, the Governor of the Bank of England, a surge in home repossessions is unlikely as UK interest rates are set to remain low. Repossessions ...

Home repossessions 27/06/2011

22:14 : Britain facing raft of home repossessions - 'bad bank' chief - LONDON, June 27 (Reuters) - Britain is facing a raft of home repossessions as soon as interest rates start to rise, the chief executive of the bad bank managing the toxic assets that brought down Northern ...
Source : reuters-com
21:51 : Repossession is neither nice nor fair - Rising interest rates could lead to 'tsunami' of home repossessions, warns man running Northern Rock's bad bankThe man running the bad banks of Northern Rock and Bradford & Bingley|Bradford ...
Source : guardian-co-uk

Home repossessions 09/05/2011

19:12 : PPI on a Firstplus loan was no protection against repossession - Mel White's purchase of single premium PPI did not stop her almost losing her homeDubious credit insurance was worth millions to the banks. In 2001 Barclays was making 10% of its global profits from the sale of PPI ...
Source : guardian-co-uk

Home repossessions 31/03/2011

23:13 : Northern Rock and B&B borrowers face rising arrears - The bank managing Northern Rock and Bradford & Bingley's risky mortgages warned yesterday that arrears and repossessions would rise this year as household incomes are squeezed.

Home repossessions 25/02/2011

09:29 : Lloyds house repossessions rise in 2010 - Owner of country's largest mortgage lender also reports mortgage arrears remains stable year-on-year • Lloyds returns to profit as high street division boomsLloyds Banking Group repossessed 3,043 homes by the end of 2010, ...
Source : guardian-co-uk

Home repossessions 16/02/2011

01:58 : N Ireland hardest hit on home repossession - Lenders are expected to seize 0.83 per cent of houses in Northern Ireland, almost triple the national average of 0.3 per cent, according to data from HML, the financial outsourcer
Source : ft-com
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