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Warning against tracker mortgages
Lenders have more than tripled the margins they charge on tracker mortgages during the past three months, research showed yesterday. In October, when the Bank of England base rate was 5%, the average...
Big News Network

Pa. joins mortgage-aid settlement with Countrywide
HARRISBURG, Pa. -- Pennsylvania has joined a settlement with Countrywide Financial Corp. that makes available as much as $155 million to help keep thousands of state residents in their homes.Thirty o...
Big News Network

Kiwibank and Westpac cut mortgage rates after OCR slashed to 3.5%
Kiwibank and Westpac have slashed their home loan rates following the Reserve Bank's drop in the Official Cash Rate. The Reserve Bank lowered the OCR by 150 basis points to 3.5% on Thursday, with R...
Big News Network

Budget backs mortgage, vehicle lenders
The 2009 federal budget extends a multibillion-dollar measure intended to make it easier for consumers to find a loan for the biggest purchase they will ever make — a house. A second measure is aim...
Big News Network

Pennsylvania reaches $150M settlement with Countrywide over subprime mortgages
, stemming from an investigation of subprime mortgages. Attorney General Tom Corbett announced the $150 million Assurance of Voluntary Compliance settlement with the Calabasas, Calif.-based lender We...
Big News Network

Invesco PowerShares Pioneers Non-Agency Mortgage-Backed Securities ETFs
CHICAGO, IL--(Marketwire - January 28, 2009) - Invesco PowerShares Capital Management LLC, a leading provider of exchange-traded funds (ETFs), today announced that it has filed registration statemen...
Big News Network

Woolwich`s cheapest mortgage in 160 years
Woolwich has revealed a fixed rate mortgage of 2.29%, the cheapest since its first loan in 1847. But there's a catch
co.uk

Buying Insurance - Does it Make Sense?
Buying insurance for everything from automobiles to mortgages has become so commonplace that it is natural to assume insurance is a necessity of modern life. But is it really? Is there a better way to guard against life's unexpected occurrences - and save a lot of money as well?
E-Zine

Mortgage approvals up but gloom persists
LONDON (Reuters) - Approvals for new home loans rose in December from a record low, data showed on Monday, but analysts said this did not portend a housing market recovery.
reuters.com

State Street launches two new fixed income ETFs
State Street Global Advisors, the investment management arm of US-based State Street, has launched the SPDR Barclays Capital Short Term International Treasury Bond ETF and the SPDR Barclays Capital Mortgage Backed Bond ETF.
Banking Business Review

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Archived "business - countrywide mortgage" news stories.

Available news archives.

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September 2009
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