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« Previous Entries Next Entries »U.S. Role in Mortgage Market Grows Even Larger
Wednesday, March 16th, 2011The U.S. government’s massive share of the nation’s mortgage market grew even larger during the first quarter.
Pending Sales of Existing Homes in U.S. Rose 5.3% in March
Wednesday, March 16th, 2011More Americans signed contracts in March to buy previously owned homes before the expiration of a tax credit that helped support the housing market.
Mortgage lending: tight for some
Wednesday, March 16th, 2011Today’s figures from the Bank of England show that mortgage lending is still very depressed. In March net mortgage lending, at a mere £318m, was actually lower than unsecured lending (£325m). This is only the fourth month this has happened since records began in 1993. In 2006-07, mortgage lending averaged £9.13bn a month, eight times [...]
AIG swings to a first-quarter profit
Wednesday, March 16th, 2011Firm’s mortgage insurance business posts first profit in three years
A Surprise Tax Hit on Foreclosures
Wednesday, March 16th, 2011For People Who Lose or Walk Away From Their Homes, A Big Tax Bill May Loom.
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