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Mortgage 03/02/2012

03:56 : Obama Vows to Cut Mortgage Red Tape - With even the most creditworthy consumers facing costly paperwork to obtain homeowner loans, President Barack Obama will seek legislation clearing some barriers
Source : businessweek-com

Mortgage 02/02/2012

18:34 : Obama Plans Assistance for Rentals, Mortgage Refinancing - President Barack Obama announced a package of proposals to jolt the housing market, his latest effort to reignite the economy after four years of foreclosures and falling home prices.
Source : businessweek-com
16:03 : Citigroup Says Bank Will Exit Mortgage Brokerage Business - Citigroup Inc., the third-largest U.S. lender by assets, plans to stop using brokers to originate mortgages and probably will cut jobs as it exits the business while banks grapple with the fallout from the housing collapse.
Source : businessweek-com
00:30 : City rogue trader at Credit Suisse pleads guilty - A trader at the centre of the sub-prime mortgage securities scandal at Credit Suisse in London was unmasked yesterday as he pleaded guilty to falsifying the books in a New York court.

Mortgage 01/02/2012

20:02 : President Obama calls on Congress to pass new mortgage refinancing plan - Admitting that previous housing plans had not lived up to expectations, Obama details new plan to help halt foreclosuresPresident Barack Obama has called on Congress to make it easier for millions of additional homeowners to refinance ...
Source : guardian-co-uk

Mortgage 31/01/2012

19:02 : Carlyle to pare stake in Indian mortgage lender HDFC - sources - LONDON, Jan 31 (Reuters) - U.S. private equity investor Carlyle Group plans to reduce its stake in India's top mortgage lender Housing Development Finance Corp (HDFC) via stock market sales that could raise ...
Source : reuters-com
01:15 : TEXT-S&PBulletin: Rtg On Genworth Australia Unaffected By Downgrade - MELBOURNE (Standard & Poor's) Jan. 31, 2012-Standard & Poor's Ratings Services said today that the 'AA-' counterparty credit rating and stable outlook on Genworth Financial Mortgage Insurance Pty Ltd. (Genworth Australia) were unaffected ...
Source : reuters-com

Mortgage 30/01/2012

00:04 : Genworth shortlists joint leads for Australia unit IPO-report - SYDNEY, Jan 30 (Reuters) - Genworth Financial Inc is close to appointing joint lead managers for its planned A$800 million ($850 million) float of its Australian lenders mortgage insurance (LMI) business, the Australian Financial Review ...
Source : reuters-com

Mortgage 29/01/2012

10:53 : Dubai's Tamweel reports Q4 profit jump - DUBAI, Jan 29 (Reuters) - Tamweel, the Dubai-based sharia-compliant mortgage lender, made a fourth-quarter net profit of 31 million dirhams ($8.44 million), the company said in a statement on Sunday, up from 8 million dirhams ...
Source : reuters-com

Mortgage 28/01/2012

00:50 : Buying now cheaper than renting, Halifax says - Halifax report comes amid claims that first-time buyers are beginning to return to the property marketBuying a house is now much cheaper than renting, mortgage lender Halifax has claimed, in a remarkable ...
Source : guardian-co-uk

Mortgage 25/01/2012

16:51 : Obama Creates Unit to Investigate Mortgage Misconduct by Banks - President Barack Obama said he will create a mortgage crisis unit that includes federal and state officials to investigate wrongdoing by banks related to real estate lending.
Source : businessweek-com
12:13 : Obama Answers Bernanke Plea With Refinancing Plan: Mortgages - President Barack Obama answered Ben S. Bernanke's appeal for more action to fix the U.S. housing market that's restraining the economic recovery by proposing a plan to help borrowers reduce their monthly mortgage ...
Source : businessweek-com

Mortgage 24/01/2012

08:45 : Gingrich Firm Releases One of Its Contracts With Freddie Mac - Newt Gingrich's consulting firm yesterday released a copy of its 2006 contract with Freddie Mac, which covers just one year of his multiple years of service and documents only $300,000 of the $1.6 million he received from the mortgage ...
Source : businessweek-com
01:28 : Newt Gingrich receives $5m boost as he admits Freddie Mac consulting contra - Wife of hotel mogul Sheldon Adelson donates to Republican candidate also paid $1.6m by controversial mortgage companyNewt Gingrich received a major financial boost Monday when the family who donated $5 million to an organisation supporting ...
Source : guardian-co-uk

Mortgage 23/01/2012

19:57 : US mortgage lenders 'close to $19bn foreclosure settlement' - US president Barack Obama could announce a deal – the largest multi-state agreement since the 1998 tobacco settlement – in Tuesday's state of the union addressThe US's five largest mortgage lenders are close to signing ...
Source : guardian-co-uk
02:38 : Mortgage Cuts Don't Help: Credit Suisse - Reducing mortgage balances is a risky idea that hasn't been shown to keep borrowers who owe more than their property's worth in their homes, according to Credit Suisse Group AG.
Source : businessweek-com

Mortgage 22/01/2012

13:33 : UPDATE 1-Irish banks in talks about mortgage 'bad bank'-report - DUBLIN, Jan 22 (Reuters) - Irish state-controlled banks Allied Irish Banks and permanent tsb are in advanced talks with officials about putting their loss-making tracker mortgages in off-balance sheet vehicles or the former Anglo ...
Source : reuters-com
12:16 : Irish banks in talks about mortgage 'bad bank'-report - DUBLIN, Jan 22 (Reuters) - Irish state-controlled banks Allied Irish Banks and permanent tsb are in advanced talks with officials about putting their loss-making tracker mortgages in off-balance sheet vehicles or the former Anglo ...
Source : reuters-com
11:41 : Irish banks in talks about mortgage 'bad bank': report - DUBLIN (Reuters) - Irish state-controlled banks Allied Irish Banks and permanent tsb are in advanced talks with officials about putting their loss-making tracker mortgages in off-balance sheet vehicles or the former Anglo ...
Source : reuters-com

Mortgage 21/01/2012

04:20 : Mortgage Cuts Don't Help: Credit Suisse - Reducing mortgage balances is a risky idea that hasn't been shown to keep borrowers who owe more than their property's worth in their homes, according to Credit Suisse Group AG.
Source : businessweek-com

Mortgage 20/01/2012

23:14 : UPDATE 1-Nationstar Mortgage names BofA Merrill Lynch IPO underwriter - Jan 20 (Reuters) - Residential mortgage loan servicer Nationstar Mortgage Holdings named Bank of America Merrill Lynch to underwrite its initial public offering.
Source : reuters-com
16:08 : Ireland 'will deal with mortgage debt' - Ireland will have to deal with mortgage debt as it overhauls bankruptcy laws and introduces a personal insolvency regime, Minister for State at the Department of Finance Brian Hayes, said.
Source : irishtimes-com

Mortgage 19/01/2012

08:19 : Soros Proves Nothing Rotten in Denmark for Home Loans: Mortgages - Billionaire George Soros's assertion that Denmark's $480 billion mortgage credit system can weather any crisis better than any country where mortgages are bought and sold is proving the rule for international investors.
Source : businessweek-com

Mortgage 18/01/2012

06:21 : Fannie Fees Fail to Offset Record Low Lending Rates: Mortgages - Ben S. Bernanke's success in pushing mortgage rates to record lows is enabling Congress to fund last month's payroll tax cut extension by siphoning money from Fannie Mae and Freddie Mac, while homebuyers ...
Source : businessweek-com

Mortgage 17/01/2012

08:06 : Canada Bubble Seen as IMF Risk With Record Low Rates: Mortgages - Kevin Lau, a Toronto-based technology consultant, says he can't wait to take advantage of the lowest mortgage rates in Canadian history to buy a second condominium and rent his current home.
Source : businessweek-com

Mortgage 16/01/2012

01:08 : Goldman Sachs Said to Offer Bid for New York Fed's AIG Assets - Goldman Sachs Group Inc. approached the Federal Reserve Bank of New York with a bid for a block of the mortgage bonds assumed from American International Group Inc., prompting the central bank to weigh an ...
Source : businessweek-com

Mortgage 13/01/2012

16:10 : Debt-laden Ireland readies softer bankruptcy law - DUBLIN, Jan 13 (Reuters) - Ireland will publish a bill to ease its strict bankruptcy rules by early April, fulfilling a requirement of its EU/IMF bailout and offering relief to thousands struggling under crippling mortgage ...
Source : reuters-com
08:09 : NY Fed mulls sale of $7 bln of AIG bonds-Bloomberg - Jan 13 (Reuters) - The Federal Reserve Bank of New York may hold a one-time auction of about $7 billion of a block of mortgage bonds it assumed from American International Group Inc after being approached by a potential buyer, ...
Source : reuters-com
02:08 : ANZ holds mortgage rates in first review independent of c.bank - SYDNEY, Jan 13 (Reuters) - Australia and New Zealand Banking Group left its variable mortgage rate unchanged on Friday, though it said funding costs were elevated, as it begins setting mortgage ...
Source : reuters-com

Mortgage 11/01/2012

07:31 : HSBC introduces 'approved solicitors panel' for conveyancing - Customers can no longer use legal representation of their own choice when getting a mortgage through HSBCHomebuyers who take a mortgage from HSBC will be forced to use one of a panel of 43 firms chosen by the ...
Source : guardian-co-uk
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