UK Mortgages rates and deals

April 14, 2009

Budget to feature supply-chain insurance

Filed under: Bridging Finance, UK Mortgage Brokers — Cindy Smith @ 11:11 pm

A state guarantee scheme to underpin supply-chain insurance is to be announced by Alistair Darling, chancellor, in next week’s Budget, according to government insiders

Bernanke sees signs of recovery

Filed under: Bridging Finance, UK Mortgage Brokers — Cindy Smith @ 5:11 pm

Ben Bernanke, chairman of the US Federal Reserve, said in prepared remarks that he has seen ‘tentative signs’ that the sharp decline in economic activity is slowing, citing hopeful data on home sales, homebuilding and consumer spending

Goldman sparks bank shares rally

Filed under: General Business — Phill Taylor @ 11:11 am

Financial shares across Europe rise sharply after US banking giant Goldman Sachs announces surprisingly good results.

Financial stocks lead global rally

Filed under: Bridging Finance, UK Mortgage Brokers — Cindy Smith @ 11:11 am

Global financial stocks continued their strong run pushing some benchmark equity indices to three-month highs after Goldman Sachs reported higher-than-expected first-quarter earnings

An “AVALANCHE” OF NEW FORECLOSURES EXPECTED, NO RELIEF IN SIGHT

Filed under: Mortgages — Denis Green @ 5:11 am

An Avalanche of Foreclosures Expected—Government Won’t help — Mandelman reports on Ml-implode.com: ‘The government’s current loan modification assistance program, which was funded to the tune of $320 billion last July 30th, has successfully modified ONE mortgage as of April 8, 2009, according to HUD. …

Goldman push to repay $10bn

Filed under: Bridging Finance, UK Mortgage Brokers — Cindy Smith @ 5:11 am

Goldman Sachs signalled its determination to be the first major bank to emerge from the financial crisis, revealing plans late on Monday to raise $5bn to pay back government funds and reporting stronger-than-expected first-quarter earnings of $1.81bn

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