Posts Tagged ‘View’

Borrowers pay record £7bn off their mortgages in last three months

It was the 11th consecutive quarter during which the amount of money people unlocked from their homes was negative. View full post on All Stories

Six reasons mortgage lenders turn you down

Mortgage lenders have become far more picky about who they will lend to. We round-up the common reasons for borrowers being turned down View full post on All Stories

Banks’ price war just publicity stunt

NEARLY half of existing or potential borrowers say the “price war” between major banks only served to boost their profiles. View full post on All Stories

Banks’ funding costs may rise after quake

Australian banks could find it more costly to tap overseas markets after Japan’s quake – a higher expense they may pass on to borrowers. View full post on All Stories

Banks, borrowers face off in unique court

Two Orange County judges are trying to force homeowners in default on loans and their lenders to come to terms, and to keep a flood of foreclosure-related legal challenges from turning into protracted, expensive, time-consuming — and … View full post on All Stories

Forgiven debt can trigger a tax bill

After borrowers persuade their lenders to settle for a reduced amount, calls from collection agencies could be replaced by calls from the IR … View full post on All Stories

Revealed: Reckless UK lending of Lehman arm

Files that show how aggressive lenders peddled mortgages borrowers couldn’t afford and pursued them when they failed to meet pay View full post on All Stories

BofA Pilots Program to Lower Mortgages

Arizona, Nevada, and California are among the states that have proposed using federal aid money to have Bank of America lower the amount struggling borrowers owe on their mortgages. View full post on All Stories

Primer: Personal Loans

As life becomes complex, there are financial needs that one cannot anticipate in totality. View full post on All Stories

How the banks squeezed £5.3bn MORE out of you last year!

Banks raked in £11.3billion profit from their customers last year — £5.3billion more than in 2009. As other parts of their business fall behind, they are making increasing amounts from their ordinary savers and borrowers. View full post on All Stories

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