during the past six months the competition amongst mortgage lenders has intensified, despite the housing market showing precious few signs of recovery.
More: continued here
Money Insider: Britannia and the Co-operative offer mortgage boost for first-time buyers
May 8th, 2010Proposed consumer agency raises the ire of auto dealers
May 8th, 2010WASHINGTON — Robert Mims of Greenfield, Wis., says he works two jobs to make the car payments on a 2005 Ford Taurus he bought four years ago for about $13,000. The payments — about $17,000 so far — already amount to more than what the car is worth, but he’s nowhere near paying off his car loan.
More: continued here
Senate vote defeats move to cut financial watchdog powers
May 7th, 2010The Senate on Thursday soundly defeated a move to limit the powers of a proposed financial watchdog agency aimed at protecting consumers.
More: continued here
General Election 2010: Result no shock for mortgage lenders
May 7th, 2010MORTGAGE rates should not rise significantly as a result of the uncertainty caused by the hung parliament, commentators said yesterday.
More: continued here
Senators should protect states’ rights, reader says
May 7th, 2010Reckless behavior by big banks, mortgage lenders and credit card companies have cost millions of Americans their jobs, their retirement savings and their financial well-being.
More: continued here
7 Charged In Multimillion-Dollar Mortgage Fraud Scheme
May 7th, 2010Seven people have been charged in a $5 million scheme that defrauded three mortgage lenders.
More: continued here
Mortgage lenders in Election limbo
May 7th, 2010Mortgage lenders appear to be sitting on their hands while they wait for the outcome of the General Election, research has shown. Related Stories NAMA chairman derides culture of Ireland’s property jetset Rise in new businesses a sign of economic recovery Construction giant brushes off ‘exceptional’ winter woes BubbleBum in the driving seat Makers of Guinness see sales rise 12%
More: continued here
Home-buying lenders wait for poll
May 7th, 2010Mortgage lenders appear to be sitting on their hands while they wait for the outcome of the General Election.
More: continued here
Mortgage lender quietly adjust to stricter oversight
May 7th, 2010As Congress debates sweeping financial reforms to prevent a repeat of the 2008 housing meltdown, mortgage lenders who do not work for banks are already quietly adapting to stricter oversight.
More: continued here
Makers of Guinness see sales rise 12%
May 6th, 2010Guinness-to-Johnnie Walker drinks giant Diageo today said it had seen “some signs of recovery” after 12% sales growth in the first quarter of 2010. Related Stories NAMA chairman derides culture of Ireland’s property jetset Rise in new businesses a sign of economic recovery Construction giant brushes off ‘exceptional’ winter woes Mortgage lenders in Election limbo BubbleBum in the driving seat
More: continued here