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Latest news
Lloyds Banking to Allow Extra Mortgage Repayments Until 2011
Lloyds Banking Group Plc, Britain’s biggest home-loan lender, will allow customers to increase mortgage repayments without penalty, as the bank seeks to cut its 1.03 trillion-pound ($1.55 trillion) balance sheet.
Read more News Source - BusinessWeek
Publish date - 18:52:45 03/11/10

Mortgage debts may linger, even after foreclosure
Local experts say foreclosures have displaced nearly 90,000 Minnesotans from their homes to learn that mortgage debt can linger even after the home is lost.
Read more News Source - Minnesota Public Radio
Publish date - 18:12:13 03/11/10

Bond Spreads at Narrowest This Year Lure GMAC: Credit Markets
March 11 (Bloomberg) -- Corporate bond yields fell to the lowest this year relative to benchmark government securities, luring GMAC Inc. to sell its longest-maturity notes since 2004.
Read more News Source - Bloomberg
Publish date - 21:07:42 03/11/10

Subprime Lending Crisis: Auto Loans Thrive, Housing Down
In the wake of the credit crisis, banks have scaled back lending to subprime borrowers. But other lenders have stepped in, making high-interest-rate loans to borrowers with low credit scores
Read more News Source - Time Magazine
Publish date - 17:30:10 03/11/10

Northern Rock shrinks losses
Nationalised British mortgage lender Northern Rock's headline losses shrank in 2009, helped by rising net interest income and lower loan losses in the second half, though it said loan writedowns would stay high in 2010.
Read more News Source - Stuff
Publish date - 19:31:16 03/10/10

Northern Rock shrinks losses in 2009 
Nationalised mortgage lender Northern Rock's headline losses shrank in 2009, helped by rising net interest income and lower loan losses in the second half, though it said loan writedowns would stay high in 2010.
Read more News Source - Reuters via Yahoo! UK & Ireland News
Publish date - 08:35:51 03/10/10

Commentary: First, Slap Limits on Bank Leverage
The fight over a financial consumer protection agency misses the point. What fueled the crisis was bank debt
Read more News Source - BusinessWeek
Publish date - 22:29:21 03/11/10

Amanda Zamora: Hard Times Update: Readers Share Tales of Foreclosure Schemes, Mortgage Misfortune
Send Us Your Tips and 'Bandit Sign' PhotosLast month, we put out a call for stories and photos to help document the effect that "Hard Times Profiteers"...
Read more News Source - The Huffington Post
Publish date - 23:28:48 03/09/10

Robert Peston
New support for banks after the election?
Read more News Source - BBC News
Publish date - 15:42:41 03/11/10

Short sales increasing in Douglas County
Everyone knows the phrase “desperate times call for desperate measures,” but in a struggling real estate market, not everyone knows the right measures to take.
Read more News Source - Douglas County News-Press
Publish date - 01:40:59 03/12/10


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