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HSBC Mortgage to lay off 225 - Buffalo NewsAbout 225 local employees at HSBC Mortgage Corp. are losing their jobs, as the lender shuts down wholesale and correspondent lending and shifts to direct lending to consumers instead of through brokers. The job cuts represent 20 percent of the 1,100 ... Read more...Amlak suspends new mortgage loans - ArabianBusiness.comDubai Islamic mortgage lender Amlak has suspended new loans, its chief executive said on Wednesday, as the global credit crunch hits the property sector in the Gulf's trading hub. "We are reviewing our existing credit policy to ensure optimum ... Read more...Mortgage rates on their way down - Kiwibank joins in - New Zealand HeraldMortgage rates are on the way down today, with two banks - Westpac and Kiwibank, cutting rates in anticipation of another Official Cash Rate cut. Kiwibank says it has today cut its variable home loan rate to 7.95 per cent - what is says is ... Read more...Know before you borrow - Baltimore SunExotic mortgages, as well as some lenders, are a thing of the past. But the need to borrow to buy a home is very much present. The lending landscape keeps changing fast, economists, mortgage brokers and lenders say, so homeowners and potential buyers ... Read more...Reasons NOT To Modify Troubled Home Loans - CNBCI'm not exactly sure where I stand yet on the issue of solving the housing crisis by having bankruptcy judges modify loans, but I do know that the President-elect has spoken in favor of the proposal. I've heard a lot of arguments against, but today I ... Read more...Personal Bailouts - WCPOThere's an old saying, leave your worries at home, but these days people nationwide are hurting, struggling to pay their bills. Especially their mortgage. And all that stress can make it hard to focus at work. So a growing number of employers are ... Read more...Stopping Foreclosures With the Right to Rent: One More TIme - Common DreamsPoliticians often prefer complex solutions to simple problems. Nowhere is this more apparent than with the long list of complicated and convoluted proposals to address the country's foreclosure crisis. Millions of people face the loss of their homes ... Read more... |
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