Will Freddie Mac and Fannie Mae bailout also help prime mortgage customers?

As Freddie Mac and Fannie Mae were bailed out this week by the US Federal Government, which is of course basically the US taxpayer, we have decided to bring to your attention some (read more…)

Category: Companies for Mortgages, Mortgage News, US | September 11th, 2008 | Comments (0)

Washington Mutual: as share prices fall can they survive?

Washington Mutual’s badly timed venture into the subprime has left the bank in a seriously bad way, with shares prices falling, not surprising when we see that (read more…)

Category: Business News, Companies for Mortgages, Mortgage News, US | September 11th, 2008 | Comments (1)

Lehman Brothers helps belligerent UK home loans

Lehman Brothers’ have a survival plan to sell $4 billion British mortgages, this comes as an aggressive bet on high risk UK mortgages in the (read more…)

Category: Companies for Mortgages, Europe | September 11th, 2008 | Comments (0)

Freddie Mac & Fannie Mae set for US government takeover

It’s been reported in the Wall Street Journal, that the US treasury department are finalizing a plan which could see Freddie Mac and (read more…)

Category: Business News, Companies for Mortgages, Mortgage News, US | September 6th, 2008 | Comments (0)

Mortgage companies slash rates for borrowing

If you take a look at the rates the mortgage lenders are offering you at the moment, you will notice that many of the fixed term rates are back at (read more…)

Category: Companies for Mortgages, Europe, Global Economy | September 5th, 2008 | Comments (0)

Freddie Mac and Fannie Mae drew solid demand for $5 billion new securities

Freddie Mac and Fannie Mae saw unyielding demand for $5 billion of new securities on Wednesday, even when large overseas investors slashed their exposure to (read more…)

Category: Business News, Companies for Mortgages, Mortgage News, US | September 3rd, 2008 | Comments (1)

Freddie Mac sold $2 billion in short-term debt

This could be promising news for investors of U.S. mortgage finance companies Freddie Mac and Fannie Mae, $2 billion of Freddie Macs short term debt was sold on Monday, this could (read more…)

Category: Business News, Companies for Mortgages, Mortgage News, US | August 26th, 2008 | Comments (0)

Warren Buffet warns Freddie Mac and Fannie Mae investors

As billionaire investor Warren Buffet voices his opinion on the already struggling Freddie Mac and Fannie Mae, his negative comments only push the (read more…)

Category: Business News, Companies for Mortgages, US | August 22nd, 2008 | Comments (1)

HBOS shuts 53 Halifax estate agency branches

Halifax part of the HBOS group lost 53 of their branches today as HBOS cuts back its Halifax Estate Agency chain, unfortunately with this comes at (read more…)

Category: Companies for Mortgages, Europe, Global Economy, Mortgage News | August 22nd, 2008 | Comments (0)

Ulster Bank launch new mortgage to help first-time buyers

Last night it was revealed that Ulster bank has joined forces with a number of property developers to launch a new mortgage available next month aimed at (read more…)

Category: Companies for Mortgages, Europe, Global Economy, Mortgage News | August 21st, 2008 | Comments (0)