The loan blog

Telegraph.co.uk

Banks call halt to cheap home loansTelegraph.co.uk, United Kingdom -3 hours agoBy Philip Aldrick, Banking Correspondent The head of Britain's biggest mortgage lender has warned that home loans will become more expensive as a result of …HBOS shifts focus from home loansTelegraph.co.ukHBOS scraps annual mortgage targetsIndependentBorrowers set to suffer as credit crisis takes toll of homeownersTimes [...]

Sky News Australia

RAMS was doomed even before its floatThe Australian, Australia -13 hours agoIT'S now clear that RAMS Home Loans Group's business model was built on quicksand rather than solid ground, but there has been no real sense of the gravity …Westpac to Buy Rams Home Loans Franchise Business (Update1)BloombergRAMS customers hit with second rate riseNEWS.com.auBrand name [...]

Sky News Australia

RAMS Home Loans shares plunge 25pcMelbourne Herald Sun, Australia -1 hour agoSHARES in RAMS Home Loans Group plunged today, despite the non-banker lender pricing $300 million worth of bonds and speculation that it could receive a …Westpac to Help Refinance Rams Home Loans Debt, Buy FranchisesBloombergRAMS was doomed even before its floatThe AustralianWestpac to Buy [...]

Markets continue to rise but US dollar slidesWorld Socialist Web Site, MI -13 minutes agoIn other words, for all its complexity, the credit crisis boils down to the disparity between short-term borrowing and long-term lending. …

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Macklowe Move Keeps Creditors at BayWall Street Journal -28 minutes agoThat kept creditors at bay, including Vornado Realty Trust — a real-estate firm that held a piece of the short-term debt. The Drake's loan was due Monday …

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HBOS loans move means the economy is slowingTelegraph.co.uk, United Kingdom -3 hours agoIt has the chance to boost lending margins as loans become more expensive thanks to the fallout from the credit crisis. The UK mortgage market is now about …

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Morgan Stanley Will Eliminate 600 JobsNew York Times, United States -3 hours agoWall Street firms, which make money by packaging loans into bonds and reselling them to investors, acquired mortgage companies in recent years to get more …Morgan Stanley scales back mortgage businessMarketWatch3rd UPDATE: Morgan Stanley Laying Off 600 In MortgagesCNNMoney.comMorgan Stanley mortgage restructuring calls for new [...]

Black Cats play down Beckham loan moveIndependent, UK -15 minutes agoHowever, a spokesman for Beckham said: "There will be no loan moves or short-term contracts. He is under contract to the Galaxy. …

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Telegraph.co.uk

HBOS warns mortgage market set to slowTelegraph.co.uk, United Kingdom -13 hours agoIn June, HBOS warned its share of new mortgages had slumped by more than half, to 8pc in the first six months of the year, compared to its 20pc share of …HBOS shifts focus from home loansTelegraph.co.ukMortgages to cost more, warns bankTelegraph.co.ukBorrowers set to suffer as [...]

HBOS scraps annual mortgage targetsIndependent, UK -34 minutes agoMr Hornby sought to reassure investors about HBOS's funding after the Northern Rock crisis focused attention on banks financing lending in short-term money …

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