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Mortgage debts in US tarnish HSBC's £11bn haul - ic Wales
Tue, 06 Mar 2007 08:49:42 GMT
![]() ITN | Mortgage debts in US tarnish HSBC's £11bn haul ic Wales, UK - It had to make bad debt provision of £5bn as a result of defaults in the US mortgage market. Despite the American problems, HSBC's profit performance brings ... HSBC's bad debts Record profits at HSBC HSBC profits hit heights despite bad debts in US |
Reverse mortgage can help (The Cincinnati Post)
Tue, 06 Mar 2007 11:42:29 GMT
DEAR BRUCE: I am 80, and my wife is 79. We live in Las Vegas. Our home has an estimated value of $450,000 and rising. We have been supplementing our income with some stock liquidations that have additional fees. Do you think we're candidates for a reverse mortgage? Would the bank charge interest at some fixed rate? Would these reverse-mortgage receipts be subject to income tax? We haven't talked ...
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Barclays launches overseas mortgage Web site - Finextra (press release)
Tue, 06 Mar 2007 15:21:52 GMT
Barclays launches overseas mortgage Web site Finextra (press release), UK - The website reinforces Barclays position as a leading player in the overseas mortgage market and is a key component in the bank's strategy to increase the ... Win a pair of Barclays Premiership tickets when you submit a ... Overseas website launched by Barclays Barclays targets overseas mortgages at IFAs |
Citadel to acquire mortgage company - Chicago Tribune
Tue, 06 Mar 2007 11:17:17 GMT
Citadel to acquire mortgage company Chicago Tribune, IL - Citadel Investment Group LLC has agreed to buy ResMae Mortgage Corp. for about $180 million, beating out Credit Suisse Group in a last-minute auction for ... Hedge Fund Acquires ResMae Mortgage Corp. Citadel OKd to buy bankrupt mortgage lender Citadel buys subprime firm |
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Confused by all the Mortgage Options? Here's Help (Arkadelphia Daily Siftings Herald)
Tue, 06 Mar 2007 18:00:15 GMT
(ARA) - Fixed rate. Adjustable rate. Interest Only. Flex. All of the different types of home loans that are available these days can puzzle many homebuyers. But, say mortgage experts, virtually every home loan is one of two types: a fixed rate loan or an adjustable rate loan.
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Stocks steady amid mortgage concerns (AP via Yahoo! News)
Mon, 05 Mar 2007 20:25:44 GMT
Wall Street managed to stabilize itself Monday, although investors clearly were still nervous about mortgage defaults, a strengthening yen and tumbling stock markets abroad.
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