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Mortgage lending down 19 per cent in AprilMortgage Finance Gazette OnlineThe latest data from the Council of Mortgage Lenders shows that gross mortgage lending fell by 19 per cent in April to an estimated £10.2 billion from £12.6 billion in March. However, this was 2 per cent higher than the £10 billion reported in April ...and more » |
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Mortgage lending down 19% in AprilMyFinances.co.ukThe end of the stamp duty holiday caused mortgage lending to first-time buyers to rise by 74 per cent in March, according to the Council of Mortgage Lenders. Gross mortgage lending leapt by 30 per cent in March to a £13.4 billion, boosted by a surge in ...and more » |
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The bad old days of risky derivative trading never leftThe Star DemocratA checking account, a savings account, a credit card or two. A mortgage, a small-business loan or a line of credit for daily business cash flow. But at the 1 percent level, where investment banking is done, banking is extraordinarily complicated and ... |
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Financial Facts: Can you accept 'I don't know?'Summit Daily NewsAs an example, I received a phone call from a potential borrower who was told that renting out the spare bedrooms was the way to get approved for a mortgage. And that the income from the room rental would offset his bad credit scores, no money in the ...and more » |
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Toxic mortgage bonds flourish as other sectors slumpInternational Financing ReviewHunger for yield is giving non-agency US RMBS – the much-maligned asset class backed by toxic home loans from the 2005 to 2007 crisis era – a new lease on life. So far this year, amid global market volatility, the asset class has outperformed broader ... |
December 4, 2008
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