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UBS Handed Setback in $2 Billion Mortgage Buy-Back Lawsuit

2016-09-07 21:47:00| National Real Estate Investor

Bob Van Voris A UBS Group AG unit was found by a federal judge to have violated some contracts with mortgage-backed securities trusts that hold loans, putting it at risk of having to buy back more loans or pay damages in a $2 billion lawsuit. read more

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Mortgage approvals at 19-month low, says Bank of England

2016-08-30 11:41:04| BBC News | Business | UK Edition

The number of mortgages being approved by banks and building societies is at its lowest for a year and a half, according to Bank of England figures

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Mortgage market robust, but subdued, says CML

2016-08-25 11:06:12| BBC News | Business | UK Edition

Lenders expect a "robust, but subdued" market for mortgages in the UK after the vote to leave the EU.

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Mortgage Risk Stellar Again With $3.4 Billion Wager on New War

2016-08-16 18:31:00| National Real Estate Investor

Sonali Basak and Agnel Philip Mortgage insurance, an industry that drove several companies to collapse or the brink of failure in the housing crisis, is again considered a safe bet. read more

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Mortgage cut 'delay' and best savings rates 'slaughter'

2016-08-05 12:48:53| BBC News | Business | UK Edition

Many borrowers will see their mortgage bill drop after the Bank rate cut, but the competitiveness of those deals varies widely, while the best savings deals face "slaughter".

Tags: rates cut savings mortgage

 

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