Mortgage lending rises (Guardian Unlimited)
Consumers take on increasing levels of mortgage debt.
March proves to be another record lending month for UK mortgage market (Banking Business Review)
Gross mortgage lending in March reached GBP28.3 billion - an increase of 26% on the previous month, according to the latest data from the Council of Mortgage Lenders (CML). This is the highest March lending figure on record and is 34% higher than the GBP21.2 billion lent in March 2005.
Mortgage lending rises despite debt fears (Guardian Unlimited)
Money: March figures suggest consumers are putting more cash on deposit while taking on higher mortgage debt.
Mortgage lending rises despite debt fears (Guardian Unlimited)
Figures for March suggest consumers are cutting down on unsecured borrowing but taking on more mortgage debt.
Mortgage lending growth near 2-year high (Reuters.co.uk)
LONDON (Reuters) - Underlying mortgage lending growth jumped in March to its highest in nearly two years, the British Bankers’ Association said on Monday, in data that suggested the housing market remains buoyant.
iGate buys 5 pct stake in U.S. mortgage company (Reuters via Yahoo! Asia News)
MUMBAI, April 24 (Reuters) - India’s iGate Global Solutions Ltd. said on Monday it was picking up a 5 percent stake in U.S.-based mortgage origination company Loan Pro LLC for an “insignificant” sum.