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Fitch Upgrades Taylor Bean's Resi Servicer Ratings - Forbes
Fitch Ratings has upgraded Taylor Bean & Whitaker Mortgage Corp.'s (TBW) U.S. residential servicer rating(s) as follows: --Primary servicer rating for Prime product to 'RPS3+' from 'RPS3'

David Prosser's Outlook: The real victims of the housing market crisis ... - The Independent
His colleagues in the housebuilding industry won't thank him for his honesty, but Taylor Wimpey's chief executive, Pete Redfern, hit the nail on the head yesterday in admitting there is little the Government can do to fix the housing market. While ...

UK house prices suffer fall - Forbes
House prices in Britain registered their biggest annual fall in almost two decades in August as banks tightened mortgage lending and recession fears discouraged buyers, Nationwide Building Society said Thursday. The 10.5 percent drop in the average ...

Are builders' freebies worth it? - Times Online
As the Chancellor Alistair Darling dithers over whether to gift borrowers a stamp duty holiday, housebuilders are falling over themselves to offer “freebies” to homeowners and buy-to-let investors in a desperate attempt to boost sales. From ...

Banks and financial services - Daily Telegraph
The banking and financial services industry is key to the UK economy. Get the latest news, analysis and information on Britain’s biggest banks, including HSBC, Barclays, Natwest and Lloyds TSB. Henderson chief quits as company plans to leave the UK ...

U.K. Nationwide House Prices Drop Most Since 1990 (Update2) - Bloomberg
Aug. 28 (Bloomberg) -- U.K. house prices declined at the fastest annual pace in almost two decades in August after lower mortgage lending and the prospect of a recession discouraged home buyers, Nationwide Building Society said. The average value of ...

Five Dumbest Things on Wall Street: Aug. 29 - Street.Com
All Black and White at Citi In an apparent response to its previously inked bad deals of exotic mortgage-backed paper, Citigroup's ( C - Cramer's Take - Stockpickr ) management is finally initiating a plan to save some bucks to counteract the ...

House prices in biggest annual fall since 1991 - International Herald Tribune
LONDON : House prices fell almost two percent on the month in August to post their biggest annual drop since monthly records began in 1991, the Nationwide building society said on Thursday. The decline, which was bigger than most analysts were ...

UK house prices drop like a rock - The Age
British house prices declined at the fastest annual pace in almost two decades in August after lower mortgage lending and the prospect of a recession discouraged home buyers, the Nationwide Building Society said. The average value of a home plunged ...

Britain 'is facing an 18-month recession' - This is Money
A recession is likely to bring financial misery across the country, including corporate collapses and widespread redundancies. Capital Economics says the first recession for 17 years will be caused by banks stopping lending money, or cutting how much ...



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