Reliance Mortgage - News
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ANZ holds mortgage rates in first review independent of c.bank http://www.reuters.com/article/2012/01/13/anz-mortgagerate-idUSL3E8CD00B20120113 The move is aimed at reflecting the rising reliance on offshore funds and distance itself from the political expectation that banks automatically pass on any central bank move. "In coming to our decision this month we wanted to be clear that these |
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More options for landlords' mortgages http://www.ft.com/cms/s/0/81a03810-3d43-11e1-8129-00144feabdc0.html Leeds Building Society and Aldermore have increased their loan-to-value ratio to 80 per cent, joining a handful of lenders that already offer these deals such as The Mortgage Works, part of Nationwide Building Society, and Kent Reliance. |
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Fannie Mae Chief Executive Michael J. http://www.businessweek.com/news/2012-01-12/fannie-mae-chief-executive-michael-j-williams-stepping-down.html
The decline has forced Washington policymakers to question the government's role in mortgage finance and explore ways to wean the industry from its reliance on government guarantees sold by Fannie Mae and Freddie Mac. The mortgage finance guarantors
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How the mortgage market might look in 2013 http://www.mortgagefinancegazette.com/features/how-the-mortgage-market-might-look-in-2013/ Lenders cannot accept speculative repayment strategies, such as reliance on increased property prices. Jane Manning, head of compliance at Crown Mortgage Management welcomes this proposal and said: “Until recent years, if a borrower required an |
The decline has forced Washington policymakers to question the government's role in mortgage finance and explore ways to wean the industry from its reliance on government guarantees sold by Fannie Mae and Freddie Mac. The mortgage finance guarantors

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In 18 years of voting at this polling place, nevr took longer than 5 minutes...today it took 1 hr and 5 minutes!
Explore Nov 4, 2008 #289
Remarks of President-Elect Barack Obama
Election Night
Tuesday, November 4th, 2008
Chicago, Illinois
If there is anyone out there who still doubts that...
First speech of President-Elect Barack Obama
November 4, 2008 - Grant Park, Chicago, Illinois
If there is anyone out there who still doubts that America is a place where all things are possible; who still wonders if the dream of our founders is alive in our time; who still questions the power of...
Times are tough all over.
The party in power is cherry picking those things they think are worth saving:
Subprime mortgage bailout.
Fannie Mae bailout.
Freddie Mac bailout.
AIG bailout.
President Bush released $121 million to help low income people pay their winter heating bills. More than 8...