Category Archives: Mortgages

Second-time home buyers priced out of market

It is now harder for second-time buyers to move up the housing ladder than for first-time buyers to get on it according to Lloyds TSB.

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Second-time home buyers priced out of market

End to ‘liar loans’ after lenders are ordered to tighten income checks

Self-certified mortgages, which allowed more than a million people to take out home loans without proving their income, are to be banned.

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End to ‘liar loans’ after lenders are ordered to tighten income checks

CML warns euro crisis a threat as mortgage lending jumps

Mortgage lending hit a two-year high in August, but lenders today warned the eurozone debt crisis threatens to squeeze the amount of money available to homeowners.

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CML warns euro crisis a threat as mortgage lending jumps

Fannie Mae to ask US Treasury for $5bn

Fannie Mae, the mortgage company controlled by the US government, is to ask the Treasury for $5.1bn after reporting that its second-quarter loss had widened.

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Fannie Mae to ask US Treasury for $5bn

Wall Street Firms Earn High Profits With Uncle Sam’s Backing

Goldman Sachs, Morgan Stanley and other Wall Street giants that played roles in the subprime mortgage debacle are reporting huge profits and awarding hefty bonuses again even as the government remains on the hook for tens of billions of dollars of their debt.

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Wall Street Firms Earn High Profits With Uncle Sam’s Backing

By Liang Yiwen | 2011-1-22 | NEWSPAPER EDITION

A PHD holder opened an online store to sell theses to earn extra money to pay his mortgage, creating controversy for helping students get degrees they didn’t earn.

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By Liang Yiwen | 2011-1-22 | NEWSPAPER EDITION

Banks work hard to earn their notoriety

A BOOK of quotes about banks makes it pretty clear nobody has anything good to say about them. So does public reaction to mortgage interest rate rises.

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Banks work hard to earn their notoriety

Octomom Nadya Suleman Holds Yard Sale

The mother of 14 children had a yard sale at her California home Saturday to earn money to help pay her mortgage Jaclyn Baldovin

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Octomom Nadya Suleman Holds Yard Sale

‘Octomom’ has Calif. yard sale for mortgage money

“Octomom” Nadya Suleman is trying to earn money the old-fashioned way: a yard sale.

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‘Octomom’ has Calif. yard sale for mortgage money

2 get prison for complex $100M mortgage scam in NY

Two men convicted of leading a $100 million mortgage fraud were sentenced Tuesday to prison in a scheme that amassed a cast of corrupt mortgage brokers and lawyers to dupe sellers and buyers and pocket money that banks lent people to buy real estate.

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2 get prison for complex $100M mortgage scam in NY