The ex-husband of Euromillions lottery winner Donna Rhodes told last night how he ended up broke after she blew all their cash on clothes, jewellery and nights out. “You can be sure she will spend, spend, spend,” said Martin Wraxall. “In fact I …
A reverse mortgage is a loan that enables senior home owners aged above 60 years to convert part of their home equity in to income without having to sell their home, give up their title to it or make monthly mortgage payments. The National Housing …
The expected boom in natural gas leasing has some local lending institutions reconsidering their mortgage policies. And local borrowers who stand to make a lot of money from leasing their potentially gas-rich properties to energy companies are …
As foreclosure filings continue to pile up in Pinellas and Pasco counties, the courts are trying a new emphasis on mediation. The move targets owner-occupied properties, not investments. Now, when homeowners are served with a foreclosure lawsuit, the …
The average price of a house has fallen by 7.5% over the past year The average price of a house in Scotland rose slightly in the past three months, a new report suggests. Economists said the report provided further hope that the housing market was …
mortgage approvals climbed to their highest level for 18 months in September. Loan approvals are still only half what they were when the credit crisis started in September 2007.
You may be trying to decide which reverse mortgage lender to go with. You may have heard the term mortgage broker, and thought “why would I do business with a mortgage broker rather than a bank and vice versa?”. – For a $400,000 home, will charge …
WASHINGTON – Rates this week for 30-year home loans stayed below 5 percent for the second week in a row. The average rate fell to 4.91 percent from 4.98 percent a week earlier, mortgage company Freddie Mac said Thursday. Rates hit a record low of 4 …
Bank spokesman Steve Dale says the bank believes it acted responsibly and will vigorously defend itself. OMAHA, Neb. (AP) – Woodmen of the World wants U.S. Bank to pay nearly $30 million for investing some of the insurer’s assets in risky mortgage …
As companies andNigeria re-brands, Federal Mortgage Bank of Nigeria (FMBN) is not left out, the bank said it has re- positioned to profit customers, as it renews corporate identity. Addressing reporters, Abdulsalam Y. Ahmed, Managing Director/Chief …
