- Nationwide Gives Boost To Home Loans By 44% Sky News - Wed, May 23, 2012 10:25 BST
- UPDATE 1-Nationwide lifts mortgage lending by 44 percent Reuters - UK Focus - Wed, May 23, 2012 07:43 BST
* FY underlying profit up 10 percent to 304 mln stg * Takes 103 mln stg PPI provision (Adds details, background) LONDON, May 23 (Reuters) - Nationwide, Britain's biggestcustomer-owned financial services ...
- FDIC sues big banks over mortgage debt losses Reuters - UK Focus - Tue, May 22, 2012 00:22 BST
* FDIC sues as receiver for two failed Illinois banks * BofA, Citigroup, others sued * Banks said to mislead about residential mortgage debt * FDIC seeks $92 million May 21 (Reuters) - The U.S. government ...
- Irish mortgage lending falls 30 pct in Q1 Reuters - UK Focus - Fri, May 18, 2012 15:34 BST
DUBLIN, May 18 (Reuters) - The value of new mortgage lendingin Ireland fell by 30 percent in the first three months of 2012compared with the previous quarter and is now just overone-third of the level ...
- UK taxpayer may lose 2 bln stg on N.Rock rescue -NAO Reuters - UK Focus - Fri, May 18, 2012 00:00 BST
LONDON, May 18 (Reuters) - UK taxpayers could lose up to 2billion pounds ($3.2 billion) from the government's 2008 rescueof mortgage lender Northern Rock by the time all the assets arewound down, according ...
- UPDATE 3-Ally aims to end mortgage woes with ResCap filing Reuters - UK Focus - Mon, May 14, 2012 20:14 BST
* ResCap files for bankruptcy in Manhattan court * Fortress puts $2.4 bln opening bid for ResCap assets * Ally plans to sell international businesses (Adds financial details, expert comment) May 14 (Reuters) ...
- UPDATE 2-Ally hopes to end mortgage woes with ResCap bankruptcy=2 Reuters - UK Focus - Mon, May 14, 2012 13:47 BST
wns 8.7 percent. (Reporting By Rick Rothacker in Charlotte, North Carolina andParitosh Bansal in New York; Additional reporting by BenKlayman; Editing by Maureen Bavdek)
- UPDATE 2-Ally hopes to end mortgage woes with ResCap bankruptcy Reuters - UK Focus - Mon, May 14, 2012 13:47 BST
* ResCap files for bankruptcy in Manhattan court * Fortress puts $2.4 bln opening bid for ResCap assets * Ally plans to sell international businesses (Adds treasury, GM comments; details on Fortress bid) ...
- UPDATE 1-Ally hopes to end mortgage woes with ResCap bankruptcy Reuters - UK Focus - Mon, May 14, 2012 12:46 BST
(Adds company, filing details, background, bylines) * ResCap files for bankruptcy in Manhattan court * Fortress puts $2.4 bln opening bid for ResCap assets * Ally plans to sell international businesses ...
- Ally Financial's mortgage unit nears bankruptcy-sources Reuters - UK Focus - Sun, May 13, 2012 16:59 BST
NEW YORK, May 13 (Reuters) - Ally Financial Inc'sResidential Capital unit is nearing a bankruptcy filing, sourcesfamiliar with the situation said on Sunday, in a move that couldhelp the taxpayer-owned ...
- UPDATE 3-Bernanke-even worthy borrowers can't get mortgages Reuters - UK Focus - Thu, May 10, 2012 20:54 BST
* Post-crisis bank caution hurts mortgage lending * Bernanke sees no quick change in lending practices * Future of home-mortgage financing system murky (Adds quotes from U.S. housing secretary) May 10 ...
- French mortgage lender hires HSBC to find buyer-paper Reuters - UK Focus - Thu, May 10, 2012 20:43 BST
PARIS, May 10 (Reuters) - Mortgage lender Caisse Centrale duCredit Immobilier de France has mandated HSBC to try tofind a buyer for itself, financial daily Les Echos reported onThursday. The unlisted bank, ...
- UPDATE 2-Bernanke: Even worthy borrowers can't get mortgages Reuters - UK Focus - Thu, May 10, 2012 17:14 BST
* Post-crisis bank caution hurts mortgage lending * Bernanke sees no quick change in lending practices * Future of home-mortgage financing system murky (Recasts lead, adds details, quotes, background) ...
- INSIGHT-UPDATE 1-Ally's mortgage unit problems come full circle=2 Reuters - UK Focus - Mon, May 7, 2012 16:10 BST
ar buyers. ResCap bondholders want to getback as much money as they can. And private equity firm CerberusCapital Management LP - which bought a controllingstake of GMAC in 2006, but saw its share winnowed ...
- INSIGHT-UPDATE 1-Ally's mortgage unit problems come full circle Reuters - UK Focus - Mon, May 7, 2012 16:10 BST
* ResCap bankruptcy is possible by May 14 * No agreement on how to repay taxpayers $12 bln * Frustration at Treasury over lack of progress at Ally * Missed chances, external events stymied turnaround (Adds ...
- UPDATE 2-UBS loses bid to dismiss FHFA mortgage debt case Reuters - UK Focus - Fri, May 4, 2012 21:33 BST
* Fannie Mae, Freddie Mac said to lose money on mortgagedebt * Judge refuses to dismiss securities law claims * Judge dismisses negligent misrepresentation claims * Lawsuit one of 17 brought by FHFA (Adds ...
- BRIEF-Moody's asgns Aaa rtg to ASB Bank Limited's series 2012-2 mortgage covered bonds Reuters - UK Focus - Thu, May 3, 2012 08:25 BST
May 03 (Reuters) - ASB Bank Limited * Moody's assigns definitive Aaa rating to ASB Bank Limited's Series 2012-2 mortgage coveredbonds
- WRAPUP 2-US private-sector hiring slows in April, stirs concern Reuters - UK Focus - Wed, May 2, 2012 17:40 BST
(Recasts, adds details, quote, updates markets) * Private sector added 119,000 jobs in April * Job creation falls well below expectations * Factory orders fell 1.5 percent in March * Mortgage purchase ...
- WRAPUP 1-U.S. private-sector hiring slows in April Reuters - UK Focus - Wed, May 2, 2012 15:59 BST
* Private sector added 119,000 jobs in April * Factory orders fell 1.5 percent in March * Mortgage purchase applications rose last week NEW YORK, May 2 (Reuters) - U.S. companies hired a far fewerthan ...
- Mortgage Rate Rise Hits A Million Households Sky News - Wed, May 2, 2012 11:16 BST
More than one million UK homeowners have seen the cost of their mortgage payments jump as lenders, including two state-backed banks, raise borrowing costs.Halifax, the Co-operative Bank, Clydesdale Bank ...
- UK March mortgage approvals rise unexpectedly Reuters - UK Focus - Wed, May 2, 2012 09:30 BST
LONDON, May 2 (Reuters) - Approvals for home loans in Britain rose unexpectedly in March, suggesting the housing market continued to recover despite the end of a tax exemption for first-time buyers, Bank ...
- Mortgage Rate Rise Hits A Million Households Sky News - Tue, May 1, 2012 21:00 BST
- Ireland's permanent tsb to cut mortgage rates Reuters - UK Focus - Tue, May 1, 2012 13:12 BST
DUBLIN, May 1 (Reuters) - Irish lender permanent tsb (PTSB) is to cut its residential mortgage rates by half apercentage point for 74,500 variable rate customers, moving itsrates closer to those of domestic ...
- PRESS DIGEST - British business - May 1 Reuters - UK Focus - Tue, May 1, 2012 01:01 BST
The Times HOUSEHOLD HIT AS UK MORTGAGE RATES RISE More than one million homeowners will see their mortgagepayments jump by hundreds of pounds a year from today aslenders, including two state-backed banks, ...
- PRESS DIGEST - Financial Times - April 27 Reuters - UK Focus - Fri, Apr 27, 2012 01:01 BST
Financial Times BARCLAYS AND DEUTSCHE IN MAIDEN LANE BUY Barclays and Deutsche Bank have won achunk of complex commercial mortgage securities at the heart ofthe controversial government bailout of AIG. ...
- UPDATE 7-Bank of America trading rebound aids recovery Reuters - UK Focus - Thu, Apr 19, 2012 22:03 BST
* Sales and trading revenue more than doubles * Loan loss reserve, expenses decline * Accounting charges hurt bottom line * Potential mortgage issues remain concern (Adds details on capital, loans, branches) ...
- Perils Of Pension Projection Fool.co.uk - Thu, Apr 12, 2012 17:05 BST
By law, investors in investment products such as SIPPs, stakeholder pensions and certain investment-backed mortgage or insurance products, must be sent periodic reviews. The idea: keeping investors up ...
- UPDATE 2-Ireland moves to further limit damage of bank bailout Reuters - UK Focus - Thu, Apr 12, 2012 15:51 BST
* Govt bids to keep 30 bln euros of NAMA debt of its books * ECB's Asmussen says will look at govt 'tracker mortgage'plans * Says strict criteria on replacing bank IOUs with EFSF loan (Releads to include ...
- WRAPUP 1-US March import prices up by most in nearly a year Reuters - UK Focus - Wed, Apr 11, 2012 14:07 BST
* U.S. import prices up 1.3 percent in March * Export prices rise 0.8 percent * Mortgage applications fall in latest week WASHINGTON, April 11 (Reuters) - U.S. import prices rose inMarch by the most in ...
- WRAPUP 3-US businesses add jobs, service sector growth dips Reuters - UK Focus - Wed, Apr 4, 2012 18:41 BST
(Updates market movements) * Private sector adds 209,000 jobs in March-ADP * Service sector growth slows in March-ISM * Mortgage applications rose last week-MBA NEW YORK, April 4 (Reuters) - U.S. businesses ...
- WRAPUP 2-US businesses add jobs, service sector growth dips Reuters - UK Focus - Wed, Apr 4, 2012 17:02 BST
* Private sector adds 209,000 jobs in March-ADP * Service sector growth slows in March-ISM * Mortgage applications rose last week-MBA NEW YORK, April 4 (Reuters) - U.S. businesses added morethan 200,000 ...
- WRAPUP 1-US businesses add jobs, service sector growth dips Reuters - UK Focus - Wed, Apr 4, 2012 15:46 BST
* Private sector adds 209,000 jobs in March-ADP * Service sector growth slows in March-ISM * Mortgage applications rose last week-MBA NEW YORK, April 4 (Reuters) - U.S. businesses added 209,000jobs in ...
- UPDATE 2-Loss-making Allied Irish set for more big cost-cuts Reuters - UK Focus - Fri, Mar 30, 2012 10:25 BST
* 2011 after-tax loss 2.3 bln vs 10.2 bln loss yr ago * Net total provisions total 8.2 bln euros * Deposits fell by 2 bln euros in 2011, up 1.5 bln in 2012 * CFO sees mortgage arrears peaking later this ...
- UK Feb mortgage approvals unexpectedly fall Reuters - UK Focus - Thu, Mar 29, 2012 09:33 BST
LONDON, March 29 (Reuters) - Approvals for home loans in Britain fell unexpectedly in February to their lowest in 8 months, official data showed on Thursday, suggesting a recent modest pick-up in the housing ...
- UPDATE 1-Commerzbank and EU agree on revamp deal Reuters - UK Focus - Wed, Mar 28, 2012 14:43 BST
* Revamp plan to be announced on Friday * Mortgage unit Eurohypo to be shrunk to 25-30 bln eur * Commerzbank to give up brand name Eurohypo * Commerzbank mulls closure of internal 'bad bank' (Adds details ...


