American Mortgage News

Current government provision for financial education is not enough, according to personal finance specialists at the Iva.co.uk debt debate in London which focused on the future of debt education. ...

Countrywide Financial Corporation has reported significant losses in its latest trading statement. ...

Solent Mortgage Services (SMS) has added BM Solutions to its lending panel, and welcomed the lender's advances in online and electronic data transmission. ...

Advisory firm Fuel Investments has said it has no plans to be sold or to undertake large-scale restructuring. ...

The Association of Home Information Pack Providers (AHIPP) has welcomed the latest communication by the Department for Communities and Local Government (DCLG) on home information packs (HIPs), but refuted suggestion the DCLG intended it  as a formal analysis of the impact of HIPs. ...

Abbey Commercial is to change its lending policy concerning the use of separate legal representation. ...

Chancellor of the Exchequer Alistair Darling opened the door to concessions over his overhaul of Capital Gains Tax (CGT) yesterday, insisting a simpler regime was the way forward. ...

The Regulatory Alliance of Mortgage Packagers (RAMP) is delighted to announce the launch of a new two-year fixed rate exclusive product funded by Platform. ...

American private equity firm JC Flowers has unveiled its management team of financers to counter Virgin Money with its bid for lender Northern Rock. ...

A new property search engine called Globrix will be launched soon in the UK, backed by News International. ...

West Brom for Intermediaries has confirmed online applications now account for most of its intermediary introduced business. ...

Millions of Britons who return home from holiday, having dealt with the stresses of organising a trip away, are considering buying a holiday home. ...

The recently held equity release marketing forums (ERMF) have revealed advisers are looking for help and advisory tools from providers to allow them to access the market and give advice to equity release clients. ...

Mortgages Plc is to withdraw from the medium adverse market. ...

With more than two million home owners will be coming off fixed rate mortgages in the next 18 months, research by Standard Life Bank shows many of these will be looking for long term deals. ...

Maybe people in the industry are reading my blog!

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The fallout from the subprime meltdown was felt by investors as several of the players provided earning guidance.

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The distance between shockwaves from the nonprime meltdown seem to be slowing down.

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I think at some point, the Wall Street Journal's editorial page looses credibility- at least for me- because of the constant series of columns and essays that are so one sided in their antipath

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Good news around the US Mortgage Market is trying very hard to make its way back into the headlines. This week the Fed cut interest rates by 50 bps which set back the bear market fans.

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