All Entries Tagged With: "money"
Prison sentence for two men involved in mortgage fraud
Two men involved in a mortgage scam have been given a prison sentence of 70 months and five years supervised released. The two men are only just a small part of a much larger scam, in all the operation which saw other men steal up to $2.3 million from local
4.6 percent drop in mortgage applications due to rate rise
According to the trade group Mortgage Bankers Association’s, mortgage applications have fallen by 4.6 percent for the week ending May 23, this is all due to the recent rate rise. Volume has also declined in the refinance market as well by
Buy to let mortgages have increased for purchasing residential property
There just might be a glimmer of hope in the mortgage industry, well for Buy to let anyway. In the latest figures for mortgages taken out for the use of purchasing residential property, it has now increased from the previous month’s figures. The figures from
Abbey has risen some fixed-rate mortgages week after announcing rate cuts
Customers of Abbey have been left a little confused as well as betrayed, as the bank owned by Santander have risen some fixed-rate mortgages by up-to 0.44 percent, this follows an increase in borrowing costs. Abbey Customers are
Mortgage brokers not getting best deal than going direct to lenders
As we all know, the Mortgage industry is in a bit of crisis, because of that you would have thought that your mortgage broker would be able to get you a great deal. There are so many adverts on the news, advertising a range of
Fall in mortgage lending now affecting house sales
April is now the second lowest month on record for mortgages being approved, and this is now starting to have an affect on the housing market. The slump in these approved mortgages is down by at least 39 per cent, compared to the same time last year. The first signs that we was in for [...]
Leeds Building Society dumps mortgage papers in street
It seems as if more and more banks and building societies are not disposing of their customers details in the correct way. The latest to be guilty of this is Leeds Building Society in Belfast, as mortgage details of their customers were found on the street by a group of girls. As you would imagine [...]