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Archive for June, 2008

Florida sues Countrywide over mortgages - Reuters

by @ Monday, June 30th, 2008. Filed under Uncategorized

Earthtimes (press release)

Florida sues Countrywide over mortgages
Reuters - 16 hours ago
By Jim Loney MIAMI (Reuters) - Florida sued mortgage lender Countrywide Financial Corp (CFC.N: Quote, Profile, Research) on Monday for predatory lending ...
BofA completes deal for Countrywide Financial The Associated Press
Fitch maintains Countrywide Financial's ratings Forbes
AHEAD OF THE TAPE Wall Street Journal
Reuters - Forbes
all 236 news articles

UK mortgage approvals collapse to record low of 42000 - Independent

by @ Monday, June 30th, 2008. Filed under Uncategorized

BBC News

UK mortgage approvals collapse to record low of 42000
Independent, UK - 16 hours ago
By Sean O'Grady, Economics Editor Mortgage lending into the property market in effect collapsed during May, according to the latest figures from the Bank of ...
Mortgages: Home loan approvals plunge 64% as price fall gathers pace guardian.co.uk
Mortgage lending 'down 64% year on year' London Stock Exchange
House prices set to fall 20% as mortgages plummet Scotsman
Telegraph.co.uk - Times Online
all 202 news articles

Wachovia eliminates early penalty payment in its Pick-A-Pay mortgage - Bizjournals.com

by @ Monday, June 30th, 2008. Filed under Uncategorized

BusinessWeek

Wachovia eliminates early penalty payment in its Pick-A-Pay mortgage
Bizjournals.com, NC - 21 hours ago
Wachovia">Wachovia said Monday that it's immediately waiving all prepayment penalties on its Pick-A-Pay residential mortgage loans, giving borrowers more ...
Wachovia Waives Mortgage Fees Wall Street Journal
Posted by: Dean Foust on June 30 BusinessWeek
Wachovia halts negative amortization mortgages MarketWatch
Charlotte Observer - RTT News
all 113 news articles

UK May mortgage approvals slump to 2.34 billion pounds vs 3.19 in … - Forbes

by @ Monday, June 30th, 2008. Filed under Uncategorized

UK May mortgage approvals slump to 2.34 billion pounds vs 3.19 in ...
Forbes, NY - 35 minutes ago
LONDON (Thomson Financial) - Mortgage approvals and lending tumbled in May as tighter credit conditions dampen housing market activity, though savings ...

Mortgage lending slump sparks house price fears - Telegraph.co.uk

by @ Monday, June 30th, 2008. Filed under Uncategorized

Mortgage lending slump sparks house price fears
Telegraph.co.uk, United Kingdom - 41 minutes ago
This “mortgage drought” is, in turn, starting to lead to a fall in prices. Vicky Redwood, at Capital Economics, said: “At face value, approvals are now ...

Mortgage approvals at lowest level since records began - guardian.co.uk

by @ Monday, June 30th, 2008. Filed under Uncategorized

Mortgage approvals at lowest level since records began
guardian.co.uk, UK - 44 minutes ago
Meanwhile, separate figures from the Building Societies Association showed net mortgage lending plummeted over the 12 months to May to £125m compared with ...

Homeowners Fall Further Behind on Mortgage Payments, Group Says - Bloomberg

by @ Monday, June 30th, 2008. Filed under Uncategorized

Homeowners Fall Further Behind on Mortgage Payments, Group Says
Bloomberg - 54 minutes ago
By Erik Holm June 30 (Bloomberg) -- Newly delinquent homeowners with private mortgage insurance outnumbered those who caught up on overdue payments for a ...

UK mortgage approvals slump - Financial Times

by @ Monday, June 30th, 2008. Filed under Uncategorized

UK mortgage approvals slump
Financial Times, UK - 55 minutes ago
By Delphine Strauss Mortgage approval numbers collapsed in May, figures from the Bank of England showed on Monday, giving confirmation of the speed with ...

UK May mortgage approvals hits fresh record low at 42000 - BoE - Forbes

by @ Monday, June 30th, 2008. Filed under Uncategorized

UK May mortgage approvals hits fresh record low at 42000 - BoE
Forbes, NY - 1 hour ago
LONDON (Thomson Financial) - Tighter credit conditions and the economic slowdown continued to take their toll on the housing market, with mortgage activity ...

UK May Mortgage Approvals Decline to Record Low (Update2) - Bloomberg

by @ Monday, June 30th, 2008. Filed under Uncategorized

UK May Mortgage Approvals Decline to Record Low (Update2)
Bloomberg - 1 hour ago
By Brian Swint June 30 (Bloomberg) -- UK mortgage approvals fell to the lowest in at least nine years in May, a sign that the housing slump is deepening. ...
UK Growth Slows as Services Slump to 12-Year Low (Update3) Bloomberg
all 7 news articles

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