Business mortgages

Business mortgages

Stung by mounting home-loan defaults, U.S. thrifts lost $5.4 billion in the second quarter and set aside a record amount to cover losses from bad mortgages and other loans. Data from the Office of Thrift Supervision issued Wednesday show that ...

Thrifts' $5.4B loss is second-largest ever - USA Today

ANZ will lower its fixed home loan rates and investment loans rates by between 30 basis points and 50 basis points. It is the second time this month ANZ has cut its fixed rates and comes as banks get some relief on the price they pay for their own ...

ANZ lowers fixed rate mortgages again - News.com.au

WASHINGTON -- U.S. thrifts lost $5.4 billion in the second quarter and set aside a record amount to cover losses from bad mortgages and other loans, the U.S. Office of Thrift Supervision said Wednesday. The data show that federally insured savings ...

U.S. thrifts $5.4 billion in red - Seattle Post Intelligencer

Moneysupermarket.com (MONY.L: Quote , Profile , Research ) has revealed that it is to pay half its after-tax profits in dividends, but warned the credit drought among bank lenders has hit its loans and mortgage channels. The price comparison website ...

PRESS DIGEST - British business - August 28 - Reuters UK

ANZ will again lower fixed home loan rates RBA is widely expected to lower official interest rates next week In-depth : More interest rates news and features ANZ will lower its fixed home loan rates and residential investment loans rates by between ...

ANZ lowers fixed home loan rates again - News.com.au

Alaska Air Group Inc. of Seattle confirmed that it will lay off 80 nonunionized Alaska Airlines managers by Monday. Most of the affected workers are based in Seattle. Spokeswoman Marianne Lindsey said the company made an internal announcement at the ...

Business Briefing - Seattle Post Intelligencer

LONDON (Reuters) - Bovis Homes' (BVS.L: Quote , Profile , Research ) Chief Executive David Ritchie has called on the government to support the housing market by examining ways to unlock mortgage liquidity. The government is considering various ...

Bovis calls for government help on mortgages - Reuters UK

WASHINGTON -- Long before the mortgage crisis began rocking Main Street and Wall Street, a top FBI official made a chilling, if little-noticed, prediction: The booming mortgage business, fueled by low interest rates and soaring home values, was ...

The FBI and Mortgages - Seekingalpha.com

WASHINGTON (AP) - Mortgage finance giant Fannie Mae shook up its executive ranks Wednesday, after shares in it and sibling company Freddie Mac rose for a third straight day as investors appeared less certain a government bailout of the two troubled ...

Business Highlights - Forbes

U.S. thrifts lost $5.4 billion in the second quarter and set aside a record amount to cover losses from bad mortgages and other loans. Data from the U.S. Office of Thrift Supervision released Wednesday show federally-insured savings and loan ...