Adverse Credit Mortgages
Libor reforms announcedThe British Banking Association (BBA) has said the way the rate at which banks lend to each other is caluclated will be reformed. |
The liquidity crisis and the credit crunchEver wondereed how exactly the mortgage market got itself into the current situation? Robyn Hall provides a guide to residential backed securities and why the banks have stopped lending money. |
Are property sale and rent back schemes the answer to spiralling debts?'Sale and Rent Back' schemes might seem to be the solution if you can no longer afford to pay your mortgage but as Christine Toner discovers they sometimes prey on the vulnerable and there are often better alternatives. |
JP Morgan increases offer for stricken Bear StearnsJP Morgan increased its offer for stricken investment bank rival Bear Stearns yesterday after reportedly coming under intense shareholder pressure. |
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