Tag Archives: home loan market

Mortgage Interest Rates Remain Near Record Lows

I’m watching bank stocks get hammered. Who would want to be a bank in an increasingly regulated economy? Dodd-Frank gives the government even more power to tell banks how to invest and how much they have to loan money to … Continue reading

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Louisiana’s Home Mortgage Market

Robert Eustis, a mortgage company president, writes: There is no doubt that as a result of recent events there are fewer options for homebuyers and those looking to refinance, as the Associated Press story says. However, the basic infrastructure of … Continue reading

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Mortgage Halt

MADISON, Wis. — A Wisconsin agency offering affordable-housing announced that it has temporarily stopping issuing mortgages because it is having trouble raising money to make the loans. Wisconsin Housing and Economic Development spokeswoman Kate Venne said they are still in … Continue reading

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Regulating America’s Mortgages

NEW YORK (Associated Press) – A regulator whose agency would disappear under a Bush administration plan to revamp financial oversight says his agency should instead be given expanded power over the U.S. home loan market. John Reich, director of the … Continue reading

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Expect A UK Mortgage Rescue Plan Next Week

Reuters has an inside source and says to expect specifics next week. Britain’s mortgage crisis has ended economic growth and threatens jobs. Here’s more: LONDON (Reuters) – British authorities are working on a plan to break a lending squeeze gripping … Continue reading

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The UK’s Credit Crisis

Britain has experienced an unprecedented demand for mortgage refinancing. Lenders are wary. They were too easy before. Don’t want to be burned again. Withdrawing from the mortgage market as a consequences. News that First Direct has withdrawn its entire mortgage … Continue reading

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