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Irish lending levels lower than in euro zone, says ECB

admin — Sun, 30 Jan 2011 23:40:38 +0000

Irish lending levels lower than in euro zone, says ECB
THE WIDENING gap between Irish and euro zone economic trends was indicated in ECB data published yesterday. The ECB’s latest bank lending survey showed that while the appetite for credit increased in the euro zone in the last quarter of 2010, demand for credit from Irish banks was little changed.

BRIEF-Moody’s says Australian mortgage mkt, RMBS steady Q3 2010

admin — Fri, 26 Nov 2010 21:48:20 +0000

BRIEF-Moody’s says Australian mortgage mkt, RMBS steady Q3 2010
Nov 23 (Reuters) – Australian mortgage market and RMBS: Moody’s Investors Service says that the performance of the Australian mortgage market remained stable during Q3 2010 with delinquency levels steady in both prime and non-conforming RMBS.

Mortgage industry problems broad, Iowa AG says

admin — Thu, 18 Nov 2010 21:42:57 +0000

Mortgage industry problems broad, Iowa AG says
The problems in the mortgage industry go far beyond the controversy over flawed foreclosure documents and call for an overhaul of the system of administering home loans, the state attorney general leading a nationwide investigation told a Senate panel Tuesday.

Geithner Says U.S. Won’t Use Dollar to Gain Economic Advantage

admin — Sat, 06 Nov 2010 23:17:24 +0000

Geithner Says U.S. Won’t Use Dollar to Gain Economic Advantage
Treasury Secretary Timothy F. Geithner said the U.S. won’t use the dollar as a trade weapon and he repeated his support for a “strong dollar” that plays a central role in the global economy.

Mortgage Rates in U.S. Rise for First Time in Five Weeks, Freddie Mac Says

admin — Fri, 22 Oct 2010 21:36:43 +0000

Mortgage Rates in U.S. Rise for First Time in Five Weeks, Freddie Mac Says
Mortgage rates for U.S. loans increased for the first time in five weeks, pushing up borrowing costs from a record low.

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Murin Says U.S. Mortgage Delinquencies May Be Worsening

admin — Thu, 07 Oct 2010 21:32:55 +0000

Murin Says U.S. Mortgage Delinquencies May Be Worsening
Oct. 6 (Bloomberg) — Joseph Murin, former president of government-run mortgage bond insurer Ginnie Mae, talks about the outlook for the housing market.

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Korean Builders to Rebound on Easing Mortgage Rules, Tax Breaks, BNP Says

admin — Tue, 31 Aug 2010 21:45:21 +0000

Korean Builders to Rebound on Easing Mortgage Rules, Tax Breaks, BNP Says
South Korea’s construction stocks, the second-worst performing group on the benchmark Kospi Index this year, will rebound after the government eased mortgage rules and extended tax breaks, according to BNP Paribas.

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District Latinos face challenges in employment and housing, study says

admin — Sat, 07 Aug 2010 22:28:10 +0000

District Latinos face challenges in employment and housing, study says
The recession has been particularly harsh for many of the District’s Latino residents, who are heavily represented in some of the lowest-paying jobs and have clustered in neighborhoods where rents and condominium conversions soared during the decade, according to an Urban Institute study. United States – Education – Services – Spanish language – Law

Mortgage lending hits six-month high, says CML

admin — Sat, 24 Jul 2010 21:28:47 +0000

Mortgage lending hits six-month high, says CML
Mortgage lending bounced back to a six-month high during June as the market enjoyed its traditional season boost, figures from the Council of Mortgage Lenders show.

Ginnie Mae Mortgage-Bond Dealers Violated `TBA’ Contract Rules, Group Says

admin — Sat, 17 Jul 2010 21:24:19 +0000

Ginnie Mae Mortgage-Bond Dealers Violated `TBA’ Contract Rules, Group Says
The Securities Industry and Financial Markets Association said certain dealers of Ginnie Mae mortgage bonds failed to conform to the trade group ’s guidelines, amid concern that some dealers may have been recently using inappropriate tactics to profit in the market.

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