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News about Mortgages:
Caught in the trap - ArabianBusiness.comNegative equity is a very real concern for thousands of homeowners as they watch property prices fall while mortgage rates rise. With repossessions looming large on the horizon, Alex Delmar-Morgan reports on what the banks need to do to arrest the ...
US Diluted Loan Rules Before Crash - Common DreamsWASHINGTON - The Bush administration backed off proposed crackdowns on no-money-down, interest-only mortgages years before the economy collapsed, buckling to pressure from some of the same banks that have now failed. It ignored remarkably prescient ...
The party’s over in Dubai - Times OnlineLorna Davidson and her husband Mike gave up Leicester for Dubai this summer looking for a better life. They didn’t find it. The marketing jobs they thought they had in a property firm were withdrawn the day after they arrived and they cannot find ...
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