OSLO ? Seven Norwegian towns, some clustered around the Arctic Circle, have sued US banking giant Citigroup for more than $200 million of losses plus damages linked to the sub-prime mortgage crisis, their lawyer said Tuesday.
Published News
Norwegian towns sue Citigroup for losses (BusinessWorld Online)
Posted by mortgage 210 days ago (Editorial)
Pushing the Limits of Stimulus Plans (New York Times)
Posted by mortgage 210 days ago (Editorial)
In the beginning, there was only a financial crisis. When the subprime mortgage market blew up in August 2007, few economists worried about the wider impact. In retrospect, that serenity was foolish, Breakingviews writes.
U.S. mortgage applications drop as loan rates rise (Reuters via Yahoo! News)
Posted by mortgage 210 days ago (Editorial)
U.S. mortgage applications fell last week, reflecting a drop in demand for home refinancing loans as interest rates soared to their highest levels since June, data from an industry group showed on Wednesday.
Mortgage Applications Drop as Loan Rates Rise (Fox News)
Posted by mortgage 210 days ago (Editorial)
Mortgage Applications Drop as Loan Rates Rise
Mortgage applications drop as rates rise: MBA (Market Watch)
Posted by mortgage 210 days ago (Editorial)
With mortgage rates higher last week, the volume of home-loan applications flied slips a seasonally adjusted 3.5% compared with the previous week, the latest data compiled by the Mortgage Bankers Association show.
Mortgage demand drops as loan rates rise (MSNBC)
Posted by mortgage 210 days ago (Editorial)
U.S. mortgage applications fell last week, reflecting a drop in demand for home refinancing loans as interest rates soared to their highest levels since June.
Mortgage rates rise modestly (Bankrate.com)
Posted by mortgage 210 days ago (Editorial)
Mortgage rates tried to wriggle free from their restraints this week, but didn't quite succeed, rising modestly.
CBA to adjust mortgage rates (The West Australian)
Posted by mortgage 210 days ago (Editorial)
Commonwealth Bank of Australia chief executive Ralph Norris says the country?s biggest home loan lender will adjust mortgage rates as neccessary based on its funding costs. ?I don?t thing there?s any
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