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N Rock defends repossessions record - Financial TimesNorthern Rock, the wholly state-owned bank, said on Tuesday it expected to account for one-tenth of all the 45,000 repossessions in the UK this year. The Newcastle-based bank, which was giving evidence to the House of Commons Treasury select ...
Credit crunch hits Chelsea FC - IndependentThe club told manager Luiz Felipe Scolari that he is unlikely to have funds available to make signings in the January transfer window. Darren Walsh/Chelsea FC via Getty Images Chelsea , the London soccer club controlled by Russian billionaire Roman ...
Archive » 2004 » January - BankerI have been following the debate about Basel II in The Banker with interest. To use an insurance analogy, moving from a flat-rate method of assessing motor premiums to one in which premiums depend on the driver’s accident history inevitably ...
Northern Rock plc - SWOT Analysis - PR InsideDatamonitor´s Northern Rock plc - SWOT Analysis company profile is the essential source for top-level company data and information. The report examines the company’s key business structure and operations, history and products, and provides summary ...
Like Trump, other developers may sue lenders - Crain's Chicago Business(Crain’s) — Donald Trump’s lawsuit against the menagerie of construction lenders for his riverfront tower is likely to be followed by more pre-emptive strikes by other developers. Amid the prolonged credit crisis, such lawsuits could become ...
London and South East to bear the brunt, losing one in 12 jobs - Times OnlineWorkers in London and the South East are likely to be worst hit by the recession, with one in 12 jobs being cut in the next 18 months, according to an analysis today. The warning by the Local Government Association (LGA) came as Britain’s biggest ...
Icelandic bank bailout will cost building society members - Times OnlineBuilding societies may be forced to increase the cost of borrowing for their members to fund the compensation scheme that has bailed out savers with failed Icelandic banks, the Chairman of the Building Societies Association (BSA) said today. John ...
House price fall to last into 2010 - The SunMINING stocks led blue-chip gainers on Chinese government plans to keep its economy growing with a £376billion cash boost. ANGLO AMERICAN , XSTRATA (up 123p to 1191) and BHP BILLITON (up 108p to 1123) rose on hopes the move will increase metal ...
The good news - house prices will rise again (and then they'll fall) - Times OnlineIn the mid-19th century, big names in the building business were failing. Developers on the Grosvenor Estate in Belgravia, London, such as Thomas Cubitt were in financial trouble and Thomas and Joseph Cundy went bankrupt. A speculative bubble in ...
Tuesday's football transfer rumours: Ronaldo to Manchester City? - Guardian UnlimitedIt just keeps getting worse and worse for the nation's footballers. The credit crunch has restricted them to just the 15 Bentley Continentals in the garage; poorly ribs have prevented them from enjoying a meaningless kickabout with the Germans; their ...
Today's Mortgage Terms starting with H
Home Equity Line of Credit: A type of revolving credit in which your home is used as collateral.
Home Equity Loan: A revolving line of credit or loan based on the equity in the mortgagor's property. The property is the collateral for the loan, which is usable for any purpose.
Housing and Urban Development (HUD): A U.S. government agency created to introduce federal housing and community development programs; manages the Federal Housing Administration.
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