News

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Commercial Mortgage Lenders

Halifax short-changes borrowers with quarter-point cut - Times Online

Published: 4 December

The Council of Mortgage Lenders (CML), an industry trade body, has already warned that other lenders are more likely to follow the lead set by Halifax and ... [more]

BoE cuts rates to 2 pct, says more action needed - guardian.co.uk

Published: 4 December

Nationwide, the UK's second-biggest mortgage lender, said it was reviewing its standard variable mortgage rate. With its reliance on financial services and ... [more]

Low rates breathe life into mortgage market - Columbus Dispatch

Published: 4 December

Mortgage lenders are now more cautious about whom they lend to. "One thing that has changed overall in the market is the mortgage insurance companies and ... [more]

JP Morgan Seizes Fund's Collateral - Wall Street Journal

Published: 4 December

By LINGLING WEI JP Morgan Chase & Co. seized tens of millions of dollars of collateral from a commercial-property debt fund run by Guggenheim Partners LLC ... [more]

Low rates breathe life into mortgage market - Columbus Dispatch

Published: 4 December

Mortgage lenders are now more cautious about whom they lend to. "One thing that has changed overall in the market is the mortgage insurance companies and ... [more]

Asian Stocks Rise; Nippon Oil Gains on Merger Plan, ICBC Climbs - Bloomberg

Published: 4 December

Industrial & Commercial Bank, China's largest bank, gained 2.6 percent to 3.97 yuan. China Construction Bank Corp., the No. 2 lender, rose 3.3 percent to ... [more]

JP Morgan Seizes Fund's Collateral - Wall Street Journal Blogs

Published: 4 December

By LINGLING WEI JP Morgan Chase & Co. seized tens of millions of dollars of collateral from a commercial-property debt fund run by Guggenheim Partners LLC ... [more]

An S&L's Path To The Cliff - Forbes

Published: 4 December

Even mortgage brokers--not a class of people winning any citizenship awards this year--thought to double-check the math. But Maurice "Mac" McAlister would ... [more]

US Stocks Rise, Led by Banks, Retailers; Amazon.com Jumps - Bloomberg

Published: 3 December

The largest US independent commercial lender yesterday said it will expand its plan to increase regulatory capital for its application to become a bank ... [more]

Falling rates renew old problem for US banks - guardian.co.uk

Published: 3 December

An improved economy could help banks by limiting credit losses from the housing slump and other consumer and commercial debt, as banks work to reduce risk ... [more]

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