Mortgage lending surges unexpectedly
Reuters.co.uk - Mar 01 2:36 AM
LONDON (Reuters) - Mortgage lending unexpectedly rose by its biggest amount in nearly two years in January, official data showed on Wednesday, further evidence of a strengthening housing market.Save to My Web
Virgin’s lending lure
Herald Sun - 2 hours, 20 minutes ago
VIRGIN Money will launch its mortgage product on Monday with a variable loan believed to be 6.59 per cent. BusinessDaily believes Virgin Mortgage will be a virtual bank, with customers conducting all communications via phone, internet, post and fax.Save to My Web
StockMarketNewsAlert.com Issues Trade Alert — Time Lending California, Inc.
[Press Release] PrimeZone via Yahoo! Finance - Mar 01 8:30 AM
Time Lending California, Inc. is new to StockMarketNewsAlert.com. According to M. D’Alonzo at First Equity Group, Inc., recent news flow from the company has been very positive. “The company announced the establishment of its “database of leads” for the commercial insurance industry under its Signature Marketing Division.Save to My Web
Shenzhen Development Bank to offer bi-monthly mortgage
Banking Business Review - Mar 02 6:10 PM
Guangdong Province-based Shenzhen Development Bank will be the first Chinese bank to launch a mortgage allowing customers to make repayments on a bi-monthly basis, according to the Shanghai Daily newspaper.Save to My Web
Mortgage debt up 29pc in 2005
Ireland Business World - Mar 01 12:50 AM
Mortgage debt has doubled in the last three years to E100.4bn, according to new figures from the central bank. The figures come after the latest Permanent TSB and the ESRI survey showed that growth in house prices accelerated to 10.2pc in January, from 9.2pc during December.Save to My Web
Mortgage lending rise biggest in almost 2 yrs
Reuters.co.uk - Mar 01 1:52 AM
LONDON (Reuters) - Mortgage lending unexpectedly saw its biggest rise in nearly two years in January, while consumer credit also rose more than expected, official data showed on Wednesday.Save to My Web
UK Jan mortgage lending picks up to levels not seen since April 2004 UPDATE Wednesday, March 1, 2006 10:24:56 AM
The Forex Market - Mar 01 2:40 AM
(Updating to add analyst comment) LONDON (AFX) - UK mortgage lending in January picked up to levels not seen since April 2004, providing further evidence that the housing market is continuing to strengthen, official figures from the Bank of England showed.Save to My Web
Mortgage lending approaches two-year high
ShareCast - Mar 01 4:01 AM
LONDON (SHARECAST) - British mortgage lending surged to its best level for nearly two years last month, in yet another report demonstrating the strength of the housing market.Save to My Web
HBOS 2005 Profit Rises 11 Percent on Business Lending (Update1)
Bloomberg.com - Feb 28 11:49 PM
March 1 (Bloomberg) — HBOS Plc, Britain’s fourth-biggest bank, said 2005 profit climbed 11 percent as it controlled costs and increased lending to businesses.Save to My Web
NetBank Receives Regulatory Approval of Amended 2005-2006 CRA Strategic Plan
[Press Release] PrimeZone via Yahoo! Finance - Mar 03 5:30 AM
NetBank, Inc. , a diversified financial services provider and parent company of NetBank , today announced the Office of Thrift Supervision has approved its amended 2005-2006 Community Reinvestment Act strategic plan.Save to My Web
Business People
Fort Wayne News-Sentinel - Community Mortgage has added Darin Ramp and Leann Frericks to its team of mortgage professionals. Ossian State Bank announced the promotion of James M. Brewer to assistant vice president. He will continue with his business development and
The Sale of Lead Lease’s Arizona, Florida and Nevada Real Estate
dBusinessNews.com - Orlando: Hard Rock International and Intrawest Corporation Identify Copper Mountain Resort as the First Condominium-Hotel Project Together ORLANDO — Development Would Combine the Distinctiveness of Hard Rock’s Orlando: The Sale of Lead Lease’s
Connecticut home prices rise 12%
Connecticut Post - Prices for existing single-family homes in Connecticut climbed almost 12 percent in 2005, but lagged well behind growth in states such as Arizona, according to a report released Wednesday. “There’s pretty robust appreciation across the board and
FRAZIER NAMED VICE PRESIDENT AND BUSINESS DEVELOPMENT OFFICER FOR
dBusinessNews.com - Raleigh North State Bank area market executive Garrie Garrison announced that Kim Frazier has been named vice president and business development officer for North State Bank. Kim is a seasoned banker with a strong work ethic and lending skills
UD summit eyes ‘High Cost of Low Income’
Delaware Online - Two University of Delaware professors are hoping to draw attention to what they consider a major problem: Too many consumers, especially minorities, lack access to traditional banking services. Leland Ware and Breck Robinson, professors at the
More than 30 lenders limit county services
Washington Times - More than 30 mortgage lenders have limited or stopped loan activities in Montgomery County, Md., because of a discriminatory lending law scheduled to go into effect Wednesday. The law, which the Montgomery County Council approved 7-2 in November
REAL ESTATE - Navigating the mortgage maze
Dallas Voice - First-time and experienced purchasers alike may not understand the ins and outs of mortgages, but a primer can clarify what you need to do Mark Paxton with Wells Fargo Home Mortgage Company recommends using pre-approval loans to reduce some of the
More lenders pull out over vague county law
Gazette - More than 20 mortgage lending companies have suspended doing business in Montgomery County because of the county s new lending discrimination law, which they criticize as vague and unnecessary. The law, which is to take effect March 8, is aimed at
Creative home-buying options
Eureka Times-Standard - Last in a five-part series by the Humboldt Association of Realtors on how families can buy their first home in today’s market. For families, there is nothing that embodies the American dream more than the ability to purchase a place to call their
Affordable homes prove elusive
St. Paul Pioneer Press - Even when you’re trying to make housing affordable, a booming real estate market can thwart your efforts. Take, for example, the experience of Celebration, Fla., the 10-year-old New Urbanist community just outside the gates of Walt Disney World. They
Mortgage lenders sue Montgomery
Washington Times - Mortgage lending companies are trying to block a new Montgomery County law that takes effect March 7 with tough penalties for discriminatory lending. Neither side showed signs of backing down yesterday as mortgage lenders threatened to pull their
Colorado business, 2/28
Denver Post - Qwest announced Monday it has signed a $7.5 million contract with Minneapolis-based Allina Hospitals & Clinics for long-distance services and a high-capacity data-networking service. Lockheed Martin ’s space- systems unit in Jefferson County has been
Colorado business, 2/28
Denver Post - Qwest announced Monday it has signed a $7.5 million contract with Minneapolis-based Allina Hospitals & Clinics for long-distance services and a high-capacity data-networking service. Lockheed Martin ’s space- systems unit in Jefferson County has been
Subdued UK manufacturing growth as orders flag
Financial Times - Manufacturing activity in the UK grew for the seventh consecutive month in February but expansion was subdued as orders at home and from abroad disappointed. However, there was further evidence that producers are more able to pass on increased costs
Intellidyn s Deed File Data Helps New Freedom Mortgage Find New
dBusinessNews.com - BOSTON, MA, February 28, 2006 Intellidyn Corporation ( www.intellidyn.com ), an award-winning analytics firm leveraging the nation s credit, demographic, transactional and behavioral marketing data today announced that New Freedom Mortgage
Avoid a Bank Robbery
MSNBC - When choosing a checking account, shopping around for better interest rates pays off. Interest rates are on the rise — and while that’s not the best news for borrowers, it may not be glad tidings for certain lenders, either. Specifically? You, and
More than 30 lenders limit county services
Washington Times - More than 30 mortgage lenders have limited or stopped loan activities in Montgomery County, Md., because of a discriminatory lending law scheduled to go into effect Wednesday. The law, which the Montgomery County Council approved 7-2 in November
Crosby’s HBOS Undertakes Hefty Expansion Program
Forbes - The U.K.’s fourth-largest bank, HBOS –formed by insurance company Halifax’s 2001 acquisition of Bank of Scotland–plans a century of new Halifax branches in the south of England, creating 1,500 jobs as it looks to increase its market share. The
New laws cut abuses by lenders
Northwest Herald - Laws enacted by 24 states aimed at combating predatory mortgage lending have done a good job curbing abusive practices while preserving borrowers’ access to funds, a new study has found. “People who live in states with strong laws against predatory
MortgageBrokers.com Holdings CEO Issues Update on Significant
Market Wire - TORONTO — (MARKET WIRE) — 03/01/2006 — MortgageBrokers.com Holdings Inc. (OTC BB: MBKR ), a compelling and internationally recognizable mortgage brokerage brand and consolidation firm, is pleased to provide the following update on the Company’s
Subdued UK manufacturing growth as orders flag
Financial Times - Manufacturing activity in the UK grew for the seventh consecutive month in February but expansion was subdued as orders at home and from abroad disappointed. However, there was further evidence that producers are more able to pass on increased costs
Dominion Homes has new president, COO
Columbus Dispatch - Dominion Homes Inc. has tapped one of the country s biggest home builders for its new president and chief operating officer. Jeffrey Croft had been in charge of Pulte Homes Inc. s Eastern region. At Dominion, Croft will oversee areas including