It’s buy-to-let boomtime
This is Money - According to figures from the Council of Mortgage Lenders (CML), the value of new lending increased by nearly half (47%) in the final six months of last year to 14.6bn, bringing the total buy-to-let market up to 73.4bn. But David Hollingworth, at

Wells Fargo takes over Dominion mortgage services
Columbus Business Journal - The timing may be odd, but faced with lawsuits about its lending practices and questions from the state and federal governments, Dublin-based Dominion Homes Inc. is turning over its mortgage services to a joint venture with Wells Fargo Home Mortgage

Foreclosure rate soaring in Polk County
Des Moines Business Record - There s no question that Kelly Michael is busy; the question is, will her workload get even heavier in 2006? Michael, a program specialist at the Polk County sheriff s office, handles the sale of houses in foreclosure. In 2000, the office

Virgin’s lending lure
Herald Sun - 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

Bank expands Charleston market presence
Spartanburg Herald-Journal - First National Bank of the South, based in Spartanburg, opened a loan production office on Daniel Island last Monday. The office is located near the Family Circle Cup Stadium at 260 Seven Farms Drive, Suite B. Bob Whittemore, Regional Lending Manager

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