UK Mortgages rates and deals

July 20, 2009

FSA warns banks over long-term bonuses

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

New rules will cover all deals struck since watchdog first opened its pay consultation in March, meaning that bankers who have recently negotiated guaranteed bonuses may see them revoked

Tories reveal bank reform plans

Filed under: General Business — Phill Taylor @ 5:11 pm

The Conservatives propose giving the Bank of England new powers as part of plans to try to prevent future financial crises.

Subprime Brokers Resurface as Dubious Loan Fixers (Peter S. Goodman/New York Times)

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

Peter S. Goodman / New York Times: Subprime Brokers Resurface as Dubious Loan Fixers   —  LOS ANGELES — From the ninth floor of a downtown office building on Wilshire Boulevard, Jack Soussana delivered staggering numbers of mortgages to homeowners during the real estate boom, amassing a fortune.  …

Myners rejects Tories’ plan for Bank

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

City minister says shadow chancellor ’lacks business knowledge’

Mortgages to become more expensive

Filed under: Bridging Loans — Phill Taylor @ 5:11 pm

Mortgages to become more expensive

Provider issues new two year bonds

Filed under: Bridging Finance — Denis Green @ 5:11 pm

Provider issues new two year bonds

Even With Potential Rescue Deal, CIT Not Out Of The Woods - CNNMoney.com

Filed under: Bridging Finance — Denis Green @ 5:11 pm

Globe and Mail
Even With Potential Rescue Deal, CIT Not Out Of The Woods
CNNMoney.com
BOSTON -(Dow Jones)- CIT Group Inc. (CIT) appears to have avoided bankruptcy court for now, but the struggling lender isn't out of the woods yet. Analysts say the company's yet-to-be-announced, last-minute
CIT Rescue Boosts Stocks SlightlyForbes
CIT May Get $3 Billion Rescue From BondholdersBloomberg
CIT Rescue Is Stop-Gap MeasureWall Street Journal
MarketWatch -Washington Post -Newsweek
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