Tessa Jowell speaks of joy after David Mills is cleared of corruption
Tessa Jowell spoke yesterday of her joy after her estranged husband was cleared of corruption amid speculation that they may be reconciled.
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Categories: mortgage merge Tags: after, cleared, corruption, David, Jowell, Mills, speaks, Tessa
AIG Loss Tied to Rescue, Reserves; Shares Fall
American International Group posted a wider-than-expected loss after setting aside more reserves for insurance claims and paying down bailout debts
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Ashcroft’s election war-chest targets marginals
The Tories have spent £6m over two years in the parliamentary seats that hold the key to general election victory, an investigation by The Independent has found. A drive for votes masterminded, and largely funded, by the Conservative deputy chairman, Lord Ashcroft, has seen party headquarters pump more than £1.1m into the coffers of constituency parties in Britain’s most marginal seats.
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Categories: mortgage merge Tags: Ashcroft's, election, marginals, targets, warchest
Sales of Previously Owned Homes Fell 7.2% in January
Sales of previously owned U.S. homes unexpectedly declined in January for a second month, signaling the government’s extension of a tax credit is being limited by a lack of job growth
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Categories: mortgage merge Tags: 7.2%, fell, Homes, January, Owned, Previously, Sales
Lloyds Loss Misses Estimates as HBOS Bad Loans Rise (Update1)
Lloyds’s pretax loss narrowed to 6.3 billion pounds ($9.6 billion) from 6.7 billion pounds in 2008, the London-based bank said in a statement today. That missed the 6.1 billion-pound median loss estimated by 22 analysts surveyed by Bloomberg. Lloyds fell in London trading.
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Hundreds press for foreclosure relief at Sacramento workshop
Hundreds of people were prepared to seek help preventing foreclosure on their homes today at a workshop in downtown Sacramento.
Read more on The Sacramento Bee
Categories: mortgage merge Tags: foreclosure, Hundreds, press, relief, Sacramento, workshop
Lloyds Full-Year Loss Misses Estimates; Loan Impairments Climb
Feb. 26 (Bloomberg) — Lloyds Banking Group Plc , Britain’s biggest mortgage lender, posted a full-year loss that missed analyst estimates and said loan impairments rose in 2009.
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Categories: mortgage merge Tags: climb, Estimates, FullYear, Impairments, Lloyds, Loan, loss, Misses
Housing market shows weakness for 2nd month
WASHINGTON—Sales of previously owned homes plunged in January to their lowest level since summer, evidence that high unemployment and tight lending standards are undercutting the government’s attempts to prop up the market.
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U.K. Stocks Rise, Paring Week’s Loss; Rio Tinto, Serco Advance
Feb. 26 (Bloomberg) — U.K. stocks climbed, paring this week’s loss and heading for a gain in February, as mining companies advanced and Serco Group Plc forecast “strong” growth in sales.
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Freddie Mac posts 2009 loss of 21.5 billion dollars
Embattled US mortgage finance giant Freddie Mac said Friday it posted a net loss of 6.5 billion dollars in the fourth quarter to cap a whopping full year deficit of 21.55 billion dollars.
Read more on AFP via Yahoo! News