Mortgage and Financial News From 2008-1-21 Page 11

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  • Thailand: Thais Demand For A Capable Finance Minister (Sin Chew Jit Poh)

    BANGKOK,THAILAND: Financial leaders of Thailand have called on the new government to appoint a capable finance minister who has expertise in running financial markets and is recognised by local and foreign investors.
    2008-01-21 08:56:15
  • Lombard: Brazilians can’t decide on Xstrata

    Financial Times - That said, the UK Council of Mortgage Lenders’ increasing concern about funding mortgages in the wholesale markets should make builders and their suppliers worry about the knock-on impact of tighter lending. Plumb Center, Wolseley’s UK bathroom ...
    2008-01-21 02:28:00
  • FEATURE-U.S. lenders cut deals to avoid foreclosure crisis

    Reuters - With so many houses in the United States facing foreclosure, mortgage lenders are starting to offer favorable deals for distressed borrowers like Jackson that they would not have agreed to just six months ago. This is not altruism, but a case of ...
    2008-01-20 03:55:00
  • Nationwide becomes the latest lender to raise mortgage rates

    The Independent - Other lenders are expected to follow suit in the coming weeks. Melanie Bien, a director at the independent mortgage broker Savills Private Finance, blamed the credit crunch for the price rises. "The problem is that while three-month Libor has fallen ...
    2008-01-21 04:37:00
  • Humberts crashes as housing slows

    Daily Telegraph - The Council of Mortgage Lenders added to the evidence of a deepening slowdown in Britain's once booming housing market by reporting that mortgage lending tumbled 25pc in December. Humberts operates predominantly in the south and south-west of England ...
    2008-01-21 05:20:00
  • Mortgage lending sinks to lowest figure since 2005

    Guardian Unlimited - Mortgage lending tumbled to a two-and-a-half year low in December, figures from the Council of Mortgage Lenders showed yesterday, as the credit crunch kept buyers away from the housing market. Meanwhile, the Building Societies Association revealed ...
    2008-01-21 07:22:00
  • Nationwide becomes the latest lender to raise mortgage rates - Independent

    Nationwide becomes the latest lender to raise mortgage ratesIndependent, UK - 3 hours agoYesterday, Nationwide, the UK's largest building society and fourth-largest mortgage provider, became the latest lender to announce price rises across its ...
    2008-01-21 05:09:41
  • UK Government borrowing hits record high - Telegraph.co.uk

    UK Government borrowing hits record highTelegraph.co.uk, United Kingdom - 3 hours agoContinuing the dismal outlook for the UK economy, figures from the Council of Mortgage Lenders showed gross mortgage lending plunged to £22.6bn in December, ...
    2008-01-21 05:13:15
  • Humberts crashes as housing slows - Telegraph.co.uk

    Humberts crashes as housing slowsTelegraph.co.uk, United Kingdom - 3 hours agoThe Council of Mortgage Lenders added to the evidence of a deepening slowdown in Britain's once booming housing market by reporting that mortgage lending ...
    2008-01-21 05:25:08
  • Questions and answers - Telegraph.co.uk

    Questions and answersTelegraph.co.uk, United Kingdom - 3 hours agoExperts believe it is unlikely rival UK lenders will demand similar help to that offered to Northern Rock, though the Council of Mortgage Lenders is ...
    2008-01-21 05:25:10
  • Steep fall in mortgage lending - Financial Times

    Steep fall in mortgage lendingFinancial Times, UK - 2 hours agoBy Delphine Strauss Lenders' struggles to raise funds and the growing gloom over house prices drove gross mortgage lending to its lowest level since May ...
    2008-01-21 06:15:53
  • For Former Trader, That Sinking Feeling Is a Calming One - New York Times

    For Former Trader, That Sinking Feeling Is a Calming OneNew York Times, United States - 2 hours agoAs homebuyers with shaky credit histories default on their loans in record numbers, the losses to investors and lenders have led to layoffs on Wall Street ...
    2008-01-21 06:19:37
  • Sub-prime likely to hit Bank of China - The Australian

    Sub-prime likely to hit Bank of ChinaThe Australian, Australia - 1 hour ago"We don't have a good read" on the current value of mortgage holdings at Bank of China and other Chinese lenders, said Charlene Chu, a senior director at ...
    2008-01-21 06:38:35
  • Lone SEC Democrat To Leave Jan. 31 - Washington Post

    Lone SEC Democrat To Leave Jan. 31Washington Post, United States - 1 hour ago... with mortgage-backed investments, SEC enforcement officials have opened three dozen investigations into whether banks and lenders are downplaying their ...
    2008-01-21 06:40:24
  • The Democratic Debate in South Carolina - New York Times Blogs

    The Democratic Debate in South CarolinaNew York Times Blogs, NY - 27 minutes agoThe national NAACP has even filed a class-action lawsuit against 12 nationwide lenders. So the bottom-line question really is: Do you believe that lenders ...
    2008-01-21 08:01:59