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Woolwich & PMS launch remortgage exclusives
PMS® are delighted to announce that with immediate effect they have launched four new remortgage exclusives for the DA channel with Woolwich. They are an extension of the Woolwich generic fixed and tracker hybrid products. The products are fixed until
GHL Group expand recruitment team
GHL Group are pleased to announce the appointment of Simon Janisch to its recruitment team. Simon comes with a wealth of experience in all areas of the mortgage and life industry, having been involved in the financial sector for over 20 years. His
First Trust/FIDAC Mortgage Income Fund Declares Monthly Common Share Distribu...
(BUSINESS WIRE) -- First Trust/FIDAC Mortgage Income Fund (the 'Fund') (FMY: FMY News, chart, profile, more Last: Delayed quote data Add to portfolio Analyst Create alert Insider Discuss Financials Sponsored by: , , ) today declared the Fund's regularly
Freddie Mac and Fannie Mae planning a foreclosure holiday
Fannie Mae and Freddie Mac are putting a temporary halt to foreclosure sales and evictions of occupied single-family homes during the holiday season. It?s not just that the government-controlled mortgage finance companies have gotten into the holiday
Life Insurers Exposed to Commercial Mortgages
CHICAGO -(Dow Jones)- Should commercial real-estate turn out to be next focus of the financial crisis, life insurers will be among the companies feeling the most heat. Life insurers on average have the equivalent of about 41% of their equity invested in
First Trust/FIDAC Mortgage Income Fund Declares Monthly Common Share Distribu...
WHEATON, Ill.--(BUSINESS WIRE)-- First Trust/FIDAC Mortgage Income Fund (the 'Fund') (NYSE: FMY) today declared the Fund's regularly scheduled monthly distribution payable on December 12, 2008 to shareholders of record as of December 3, 2008, with an
Fannie Mae, Freddie Mac to suspend US home foreclosures
Two US mortgage finance giants Fannie Mae and Freddie Mac said they will halt home foreclosures until early January as they modify loans to help keep owners in their homes. The huge firms, which underpin about half of the huge US mortgage market, said in
Fannie Mae and Freddie Mac suspend some foreclosures
NEW YORK (Reuters) - Fannie Mae and Freddie Mac, the two biggest U.S. home loan finance companies, on Thursday said they would suspend foreclosures of occupied homes until early 2009, as the government moves to stem the tide of home losses plaguing the
Fannie Mae, Freddie Mac to suspend US home foreclosures
The two US mortgage finance giants, Fannie Mae and Freddie Mac, said on Thursday they halt home foreclosures until early January as they modify loans to help keep owners in their homes. The huge firms, which underpin about half of the huge US mortgage
Mortgage lending rises
MORTGAGE lending improved last month but remains substantially lower than a year ago, the Council of Mortgage Lenders revealed yesterday. It said that gross mortgage lending was up 6.9 per cent in October to £18.7 billion, from £17.5bn in
First Trust/FIDAC Mortgage Income Fund Declares Monthly Common Share Distribu...
Company Website: http:www.ftportfolios.com WHEATON, Ill. -- (Business Wire) First Trust/FIDAC Mortgage Income Fund (the 'Fund') (NYSE: FMY) today declared the Funds regularly scheduled monthly distribution payable on December 12, 2008 to shareholders of
Mortgage brokers seek entry to financial planning
Research commissioned by the Financial Planning Association (FPA) has revealed a growing number of mortgage brokers seeking to enter the financial planning industry. The research, revealed at the FPA national conference on the Gold Coast, appeared to
Mortgage rates fall for 3rd straight week
Interest rates for 30-year, fixed-rate U.S. mortgages fell for the third consecutive week, the Federal Home Loan Mortgage Corp. said Thursday. The 30-year, fixed-rate mortgage averaged 6.04 percent with an average 0.7 points in the week ending Nov. 20,
Fannie Mae, Freddie Mac suspend some foreclosures
NEW YORK (Reuters) - Fannie Mae and Freddie Mac, the two biggest U.S. home loan finance companies, on Thursday said they would suspend foreclosures of occupied homes until early 2009, as the government moves to stem the tide of home losses plaguing the
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