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Wachovia looks for new Chief Financial Officer

Wachovia has announced today that Chief Financial Officer, Thomas J. Wurtz plans to leave the bank. The company has now started their search for his successor.
Robert K. Steel, President and CEO of

Northern Rock appoints Barclays Gary Hoffman

Gary Hoffman did not get the chief executive role at Barclays PLC back in 2003, but now Hoffman has now been appointed as chief executive at Northern Rock PLC., the troubled U.K. mortgage lender.
Ron Sandler, Northern Rock Executive Chairman decided to

BDS Mortgage Group announces 15 job cuts

The BDS Mortgage Group has announced that they are to cut 15 jobs; this is part of the company’s decision to change their organisational structure as a result of the current market conditions. The Mortgage company are not happy about cutting these

Fixed-rate mortgages at a ten year high

Many people would have been burying their head in the sand when it comes to the state of the mortgage market, and many will be shocked to learn that fixed-rate mortgages are now at a ten year high. All the big lenders are now following each