News Archive for March 2008

Iceland's banks viewed as high insurance risks

Credit cards Mortgage finder Annual Reports Quick ... credit crunch Mortgage approvals With-profits funds Pension ... to US mortgage market toxicity and its ... This reflects its high mortgage exposure in ... a cheaper mortgage Get the best deal ... change a mortgage Our best loans... £

Sunday March 16 2008, 12:48PM

Support for Government at all time low

country's fifth-biggest mortgage lender. The Conservatives are

Sunday March 16 2008, 11:00AM

Goldman Sachs to reveal $3bn hit

the deteriorating mortgage market remains minimal, according

Sunday March 16 2008, 10:46AM

Labour sinks to 25-year low in poll

country's fifth-biggest mortgage lender. The resurgent Conservatives

Sunday March 16 2008, 10:25AM

Asian gains help HSBC profits rise to £12bn despite increase in bad ...

US sub-prime mortgage fallout. HSBC has been

Saturday March 15 2008, 12:53AM

Chancellor's Northern Rock pledge eases saver worries

in the mortgage crisis today as shares

Saturday March 15 2008, 12:53AM

Bear Stearns built its reputation as a risk taker

Get the latest business and finance news from the Telegraph. Your source for finance, investing, mortgage and savings news

Friday March 14 2008, 03:35PM

Bear Stearns shares plunge on bailout

against its mortgage book in the open

Friday March 14 2008, 02:02PM

Dollar edges up from record lows

massive US mortgage bond market, which is

Friday March 14 2008, 10:56AM

Economy set to grow at slowest rate for two decades

When mortgage interest is excluded, the annual ... that, excluding mortgage interest, average prices would

Friday March 14 2008, 09:30AM

The big lie about inflation (How the TRUE cost of living is being ...

petrol and mortgage payments than they were ... such as mortgage costs, which are rising ... servicing the mortgage. A family with an ... £100,000 mortgage was up to £780 ... consumers by mortgage companies which are suffering ... low, fixed-rate mortgage rates a couple of

Friday March 14 2008, 01:09AM

Carlyle’s co-founder faced a tough choice

Carlyle’s mortgage fund - Mar-13 Lights

Friday March 14 2008, 01:09AM

Revealed: The extraordinary £22,000 shopping list of luxury goods ...

help with mortgage costs and travel expenses ... having a mortgage on his second residence

Friday March 14 2008, 12:40AM

Inflation expectations heighten Bank’s dilemma

the sub-prime mortgage sector, is expected to

Friday March 14 2008, 12:33AM

Tougher rules urged for US mortgage lenders

Tougher rules urged for US mortgage ... regulation of mortgage lenders as part of ... markets cover mortgage lenders and other institutions ... oversight of mortgage lenders 13.03.2008 ... of US mortgage lenders 13.03.2008 ... oversight of mortgage lenders 13.03.2008 ... oversight of mortgage lenders 13.03.2008 ... Troubled US mortgage lender cancels meeting at

Friday March 14 2008, 12:26AM

Lex: Paulson’s plan

Financial Times - The rules governing mortgage origination and credit ratings – at the heart of the crisis – need to be tightened. The problem is that these are long-term proposals – witness ...

Thursday March 13 2008, 09:20PM

Investors get jitters over forced selling

Financial Times - In recent weeks, forced selling and margin calls have been responsible for heightened volatility in the mortgage market, which has in turn sparked tighter risk controls at banks.

Thursday March 13 2008, 09:20PM

Stocks rebound amid crisis end hope

from the mortgage and credit crisis might

Thursday March 13 2008, 09:20PM

Henry Paulson mortgage reforms fail to support dollar

Henry Paulson mortgage reforms fail to support ... it slammed mortgage market reforms from US ... the US mortgage and housing markets in ... the existing mortgage lender or holder would ... the US mortgage market. Mr Paulson proposes ... US Thornburg Mortgage group received a default ... said sub-prime mortgage write-downs could reach $285 ... on the mortgage products to scrape back ... as will mortgage lenders to prevent a

Thursday March 13 2008, 06:06PM

U.S. Fed takes steps to boost market liquidity

France Financial, mortgage shares rise after Fed

Tuesday March 11 2008, 01:01PM

Fed liquidity plan set to boost stocks

Financial Times - The treasuries will be auctioned on a weekly basis in return for a range of other collateral including federal agency debt, federal agency mortgage-backed securities and non-agency ...

Tuesday March 11 2008, 12:54PM

Dollar gains as Fed announces new liquidity actions

Guardian Unlimited - The Fed said agency debt, mortgage-backed securities and private label residential mortgage-backed securities can be used as collateral.

Tuesday March 11 2008, 12:32PM

Borrowers facing bleaker prospects of credit

MyFinances.co.uk - ... base rate has remained fixed at 5.75 per cent since July after previous frequent rises, the cost of borrowing has continued to rise. In November, Standard Life raised mortgage ...

Tuesday March 11 2008, 12:25PM

EU states want fx to reflect econ reality-Slovenia

subprime mortgage sector crisis have increased. European

Tuesday March 11 2008, 12:25PM

What's on the Budget wish list?

* The Association of Mortgage Intermediaries (AMI) ... for the mortgage market". It wants to ... France Financial, mortgage shares rise after Fed

Tuesday March 11 2008, 10:45AM

Singapore to buy stake in Italy's Sintonia holding

subprime mortgage market. The GIC, which manages

Tuesday March 11 2008, 10:45AM

Pre-Budget poll puts Labour within three points of Tories

have a mortgage and have suffered five ... the current mortgage situation and that of ... to beat mortgage meltdown Westminster blog Red

Tuesday March 11 2008, 10:09AM

'Say No to change'

with the mortgage repayments." After the birth

Tuesday March 11 2008, 10:02AM

JGB futures slip from 2 ½ yr high as Nikkei gains

mortgage market, which has shoved U.S

Tuesday March 11 2008, 07:32AM

Can Alistair Darling bury the bad news?

TIES say a lot about a man.

Sunday March 09 2008, 12:53AM

Fat-cat failures blame the press

the subprime mortgage market. The e-mail was ... from the mortgage crisis . . . Mr Mozilo received

Sunday March 09 2008, 12:24AM

American economic news piles on the agony

Rock, the mortgage bank, was forced to

Sunday March 09 2008, 12:24AM

SNP plan to let councils cut local income tax

system than mortgage rates going up? Am ... system than mortgage rates going up? Am

Sunday March 09 2008, 12:17AM

Rupert Cornwell: Out of America

Rhetoric doesn't pay the monthly mortgage, or

Sunday March 09 2008, 12:17AM

Watch out for... Darling's budget themes

Snuggling up to business is only one of Darling's jobs on Wednesday. Here are a number of other themes to look out for" /

Saturday March 08 2008, 11:56PM

Revealed: insurers’ £8bn rip-off

off their mortgage, usually by advisers paid ... by boosting mortgage endowment nest eggs slightly ... an endowment mortgage with Scottish Provident in ... off my mortgage. It is more than ... IFA Search Mortgage Calculator Loan Calculator Free

Saturday March 08 2008, 09:04PM

Crash course that’s hard to drive home

have a mortgage or a bank account ... to offer mortgage borrowers a tantalising choice: ... to which mortgage deal will work out

Saturday March 08 2008, 09:04PM

Global stocks fall amid renewed credit fears

HONG KONG (Reuters) - Asian stocks fell more than 2 percent on Friday as fears of more credit-related losses hit financial shares and a record low dollar routed exporters. The combination of a worsening

Friday March 07 2008, 01:46AM

How to beat the crunch and get a mortgage

get a mortgage Last Updated: 10:50pm GMT 07 ... the best mortgage deals during current difficult ... get a mortgage. Even then, there were ... return to mortgage queues, but those without ... of your mortgage How to get 10

Thursday March 06 2008, 10:32PM

New house price gloom as prices fall again but Bank keeps interest ...

Daily Mail - But with inflation-busting rises in other household bills, such as energy bills, many homeowners are struggling to keep up with their mortgage repayments.

Thursday March 06 2008, 01:00PM

Carlyle unit misses some margin calls

Financial Times - Listed on the Amsterdam exchange last July, CCC invests in products including investment grade mortgage-backed securities. CCC as of last month had a $21.7bn investment portfolio ...

Thursday March 06 2008, 01:00PM

Citigroup made no approach for capital -Dubai

Guardian Unlimited - ... fund owned by the world's fifth-largest oil exporter, last year bought a 4.9 percent stake in Citigroup, which has been hammered by write-downs linked to the U.S. subprime mortgage ...

Thursday March 06 2008, 12:52PM

Interest rates held at 5.25pc on inflation fears

Daily Telegraph - Get the latest business and finance news from the Telegraph. Your source for finance, investing, mortgage and savings news

Thursday March 06 2008, 12:17PM

Taylor Wimpey hit by write downs

MSN UK News - We anticipate that the current subdued conditions will continue, with interest rates and mortgage availability being key determinants of customer confidence.

Thursday March 06 2008, 12:02PM

Banks that like to say'no'

startups.co.uk - That's nothing compared to a survey in January, which found that one in five banks had failed to pass the cut in interest rates to their mortgage borrowers.

Thursday March 06 2008, 11:12AM

UK house prices fall again

Daily Telegraph - It is the first fall in three months according to Britain's biggest mortgage lender, after houses prices were flat in January and actually rose 1.3pc in December. February's fall ...

Thursday March 06 2008, 11:05AM

Credit crunch hits buy-to-let sector

Reuters UK - LONDON (Reuters) - Liquidity woes are starting to hit buy-to-let property investors, as the availability of mortgage debt shrinks, a survey shows. Instructions to let residential ...

Thursday March 06 2008, 09:53AM

Cold wind blows in buy-to-let market as cheap loans disappear

Guardian Unlimited - Access to the buy-to-let market has become harder for would-be landlords. Photo: Getty Britain's controversial buy-to-let property boom looks to have become the latest victim of ...

Thursday March 06 2008, 09:53AM

Mortgage lenders take tough stance on deposits

Financial Times - Property buyers with little in the way of a deposit are being shut out of the market as more lenders withdraw residential and buy-to-let mortgages with high loan-to-value ratios. C ...

Thursday March 06 2008, 09:18AM

House prices continue to fall

MSN UK News - House prices resumed their downward trend during February with the average cost of a home dropping by 0.3%, Britain's biggest mortgage lender said. At the same time annual house ...

Thursday March 06 2008, 09:18AM

UK house prices continue to cool

Financial Times - Halifax, the UK’s biggest mortgage lender, said house prices fell 0.3 per cent last month, taking the quarter on quarter growth rate to 0.2 per cent and the annual rate of ...

Thursday March 06 2008, 09:18AM

House prices fall modestly in February

Reuters UK - LONDON (Reuters) - House prices fell again in February, the country's biggest mortgage lender said on Thursday, suggesting recent interest rate cuts have done little to support the ...

Thursday March 06 2008, 09:11AM

Buy-to-let boom may be stalling

BBC News - Rics blamed recent restrictions on mortgage lending to would-be landlords. But this contradicted recent figures from mortgage lenders, which suggested the buy-to-let market was ...

Thursday March 06 2008, 08:28AM

Reuters profit rises

Reuters UK - ... will head the combined business, said Reuters performance benefited from its relatively limited exposure to areas in investment banks like asset-backed, leveraged loans, mortgage ...

Thursday March 06 2008, 08:28AM

First it was the US. Then Britain. Now the holiday-home price boom may ...

The Independent - The big reason for the slowdown was rising mortgage rates, which were slowing demand."He believes the trend will continue into 2008 but will not be on the scale of the crash in ...

Thursday March 06 2008, 08:13AM

Fannie, Freddie agree to new appraisal standards

mortgage financing agreed on Monday to sponsor ... to keep mortgage lenders at arm's length ... The new code will prohibit mortgage brokers ... that the mortgage industry would have time ... and secondary mortgage markets," Bair said in

Tuesday March 04 2008, 12:16AM

Pearson picked up by Penguin sales hike

They argue the sub-prime mortgage crisis could

Tuesday March 04 2008, 12:02AM

HSBC still a little too toxic

US sub-prime mortgage market.   Yesterday, despite

Tuesday March 04 2008, 12:02AM

Families struggle to pay bills as the basic cost of living rises 5% in ...

fuel and mortgage costs and the Chancellor ... Prompted by the rising mortgage costs, the ... face higher mortgage bills when their fixed-rate ... worrying about mortgage repayments, but are struggling

Monday March 03 2008, 10:57PM

US STOCKS-Dow, S&P flat; commodity rally offsets mortgage woe

commodity rally offsets mortgage woe Reuters ... a high-profile mortgage lender would mean more

Monday March 03 2008, 09:24PM

Thornburg Mortgage faces US$270M more in margin calls; must raise ...

Thornburg Mortgage faces US$270M more in ... in jumbo mortgage lender Thornburg Mortgage Inc ... hit by mortgage margin fall 27.02

Monday March 03 2008, 09:17PM

Over 1m homeowners get mortgage ‘workouts’

homeowners get mortgage ‘workouts’ By James Politi ... Mortgage companies have changed or restructured loans

Monday March 03 2008, 08:56PM

Credit crisis

America's subprime mortgage market, which lends to

Monday March 03 2008, 08:34PM

HBOS slides on write off fears

London shares were on the fall again following a sell off on Wall Street on Friday after grim economic news and poor figures from insurer AIG.

Sunday March 02 2008, 11:56PM

Fury over Post Office loans

mortgage deals in the middle of ... promote high-risk mortgage loans that put borrowers ... out a mortgage. The Post Office is ... inappropriate sub-prime mortgage products. How can it ... any other mortgage broker. Graham, Oxford, UK

Saturday March 01 2008, 09:05PM

Royal Bank move for Allied Irish on cards

looking at mortgage banks Alliance & Leicester

Saturday March 01 2008, 12:58PM

Gordon Brown's re-election policies aim to build'the Britain of our ...

The leaders of both main parties have fired the opening salvoes for the next general election campaign with each leaping onto the ‘change’ bandwagon that has inspired American politics.

Saturday March 01 2008, 12:08PM

Brown's rallying call to Labour

inflation and mortgage rates low and ensure

Saturday March 01 2008, 11:47AM

'Drug Plot'Grandad Faces French Jail and £5M Fine

pay the mortgage." Campbell's younger daughters Fiona

Saturday March 01 2008, 11:40AM

Brown rallies activists with promise of better future for UK

inflation and mortgage rates low, and side

Saturday March 01 2008, 10:42AM

So much going for Wales... but also much to achieve

in the mortgage area being withdrawn. In

Saturday March 01 2008, 10:21AM

Is buy-to-let on the brink of collapse?

& homes Mortgage features House prices Homes ... Stamp duty Mortgage best buys Mortgage finder ... Mortgage finder Home insurance Life insurance Cut ... WORRIED British mortgage lenders want us to ... High house prices, increasing mortgage costs and ... Council of Mortgage Lenders' figures, up from ... paid the mortgage and then delivered healthy ... a buy-to-let mortgage. Now this number has ... guides • Mortgage calculator • INVESTIGATION: Buy-to-let ... fees and mortgage interest costs, both of ... 85% loan-to-value mortgage at 6.25% (interest ... 416 in mortgage interest – making just ... 85% loan-to-value mortgage at 6.25% interest-only ... above their mortgage and have no pressing ... have revealed mortgage approvals slumping to the ... = no mortgage. - Stephen Hulton, Eure ... a cheaper mortgage Get the best deal ... change a mortgage Our best loans... £ ... Comment My 'dodgy' mortgage 'We earn more ... a high-risk mortgage.' Property advice Buy ... to reclaim mortgage fees This is Money ... to reclaim mortgage fees and other charges

Saturday March 01 2008, 09:16AM

Brown says judge me on my record

inflation and mortgage rates low," Brown will ... country's fifth-biggest mortgage lender Northern Rock Brown's

Saturday March 01 2008, 07:58AM