Mortgage lenders imposing higher fees

Mortgage lenders imposing higher fees
Mortgage borrowers struggling with increasing rates and strict lending criteria have been dealt a further blow as research shows that lenders impose as many as 39 different types of fee.
Read more on AFP Telegraph Finance News via Yahoo! UK & Ireland Finance

Mortgage regulation to hit homebuyers
Homebuyers will struggle to get a mortgage if regulation change goes ahead.
Read more on AFP Telegraph Finance News via Yahoo! UK & Ireland Finance

Bank of England’s Adam Posen warns over lack of mortgage lending
Bank of England policymaker Adam Posen has told Bloomberg that he sees a “downside” risk to the UK housing market due to the lack of credit for first-time buyers and “very low” levels of home sales.
Read more on AFP Telegraph Finance News via Yahoo! UK & Ireland Finance

Title Insurers in Talks With Lenders on Foreclosure Warranties

Title Insurers in Talks With Lenders on Foreclosure Warranties
Title insurers, banks and regulators are in talks to create warranties under which lenders assure they followed proper procedures before selling foreclosed homes, said Kurt Pfotenhauer, head of the insurers’ trade group.
Read more on BusinessWeek

If careful, car buyers can find jewels among junk at auctions
As the economy struggles to leave the recession behind, some New Yorkers are still looking for ways to stretch or save a few dollars. The used car market is one place to search for deals.
Read more on New York Daily News

Skycourts in Dubailand readies for handover
“Skycourts will soon be circulating invitations to investors, in order to arrange the required documentation with appointments for snagging process being scheduled for October,” Mohammed Qasim Al Ali told Emirates 24|7 in an e-mailed statement.
Read more on Zawya

Mortgage Arrears and Possessions: Perspectives from Borrowers, Lenders (Housing Research Report)

Mortgage Arrears and Possessions: Perspectives from Borrowers, Lenders (Housing Research Report)

There have been some marked changes in the routes into mortgage arrears, the management of arrears and their outcomes since the late 1980s and early 1990s. Mortgage arrears now affect a wider spectrum of borrowers than previously, and the information and analysis undertaken for this study indicate that the problem is not yet over. The objectives of the research for this report were: to establish the characteristics, reasons for mortgage arrears and experiences of those who default at various lev

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Living With Mortgage Arrears

Based on detailed case-study interviews with households in debt, this in-depth research looks into the effects mortgage arrears have had on people in the recession of the late 1980s and early 1990s. It provides a valuable insight for anyone whose job it is to help people in debt, and identifies some practical steps that lenders and advice agencies can take to improve their approach to mortgage arrears.

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List Price: $ 14.00

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