Mortgage News from Around the World
Bradford & Bingley: Taxpayer picks up the burden as other banks passTelegraph.co.uk, United Kingdom - 3 The fear is that landlords have loaded up with...
Brown to press banks over rate cutThe Press Association - 7 Prime Minister Gordon Brown has said he would be pressing banks to pass...
Banks 'yet to cut savings rates'The Press Association - 9 The major banks have also been slow to announce cuts, with Lloyds TSB and...
Merrill Lynch selling 20 per cent stake in Bloomberg: reportsEarthtimes (press release), UK - 2 Analysts expect the third-biggest US investment bank to announce further...
Banks ask for more 'rescue' moneyThe Press Association - 1 hour ago But since then the mortgage market in the UK has contracted further, with...
CBC.ca As US moves to buy bank stock, Europeans plan to guarantee loansCBC.ca, Canada - 1 hour ago ... safeguard bank depositors and revive...
What can taxpayers expect from new stake in banks?Norfolk Eastern Daily Press, UK - 6 Bearing in mind that RBS and HBOS-Lloyds alone account for...
US Considers Ownership Stake in BanksChristian Broadcasting Network, VA - 2 At the root of the market meltdown, the credit crisis - brought on by...
Examiner.com Reverse Mortgage Taxpayer Subsidy Examiner.com A HUD reverse mortgage does not require repayment as long as the borrower lives in...
Bank of East Asia’s Li Rules Out Stake Sale to Chinese BanksBloomberg - 8 ... is among Chinese banks who have said they’d...
RBS sells 4.26% stake in Bank of China for GBP 1.6 bln - UpdateTrading Markets (press release), CA - 3 As per reports, the bank...
US banking crisis spreads to UK The Press Association - 1 hour ago Fears over exposure to the ailing US mortgage market and the prospects...
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