Business briefs
Worcester Telegram (subscription), MA - 4 hours ago Trust Co. in Worcester, and Eileen A. Galligan, vice president of mortgage lending at Marlboro-based Digital Federal Credit Union.
Mortgage lending slows in January
BBC News, UK - Feb 20, 2006 Mortgage lending continued to slow at the start of 2006, according to the British Bankers’ Association (BBA). Underlying lending
30-year bond sales may lead to longer term mortgages
Mount Vernon News, OH - 22 hours ago This decreases the life of the mortgage, thereby cutting into the profits of lenders. Lending institutions, as well as individual investors, invest in the bond
Forex - Sterling rises on strong UK mortgage lending data
FXstreet.com, Spain - Jan 31, 2006 The data showed UK mortgage lending rose by 8.8 bln stg, the biggest increase since June 2004, while mortgage approvals totalled 122,000, their highest since
Uncertain picture of borrowing demand from individuals
Creditman, UK - Feb 21, 2006 After allowing for substantial mortgage securitisations of over 15bn in total, net mortgage lending rose by an underlying 4.6bn.