Second mortgage interest only home equity loan - UPDATE 1-UK house prices to drop 7 pct, deals to slump -CML - Reuters

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Second mortgage interest only home equity loan - UPDATE 1-UK house prices to drop 7 pct, deals to slump -CML - Reuters

Friday, May 23rd, 2008    Subscribe To Our Feed


LONDON, May 21 (Reuters) - British house prices will drop 7 percent this year and there is likely to be a 35 percent slump in property market transactions, according to revised forecasts from a leading mortgage body. The Council of Mortgage Lenders

MOZILO’S HEARTLESS E-MAIL - New York Post
The founder of beleaguered mortgage provider Countrywide Financial Corp. - known for his large salary and deep tan - stepped in it again this week when he accidentally hit “reply to all” to an e-mail sent to him and other bank execs from a troubled

US mortgage applications near slowest of 2008-MBA - Forbes
NEW YORK (Reuters) - Applications for U.S. home mortgages fell to the second-lowest level of the year last week as interest rates rose, an industry group said Wednesday. The Mortgage Bankers Association said its seasonally adjusted index of mortgage

U.S. 30-year mortgage rates fall in latest week - Reuters
WASHINGTON (Reuters) - U.S. 30-year mortgage rates fell for a third consecutive week, according to a survey released by home funding company Freddie Mac (FRE.N: Quote , Profile , Research ) on Thursday. U.S. 30-year mortgage rates dropped to an

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