Barclays Says Expenses Increase in Pace With Revenue (Update2) Bloomberg.com - Nov 29 3:38 AM
Nov. 29 (Bloomberg) -- Barclays Plc, the U.K.'s third-largest bank by assets, said costs are rising at the same rate as revenue in most units and the credit-card division's bad debts and expenses will exceed income.Save to My Web
TAFF PLEADS GUILTY Kansas City Star - Nov 29 12:13 AM
Sixteen months ago, Adam Taff was a rising Republican star, a serious contender for a U.S. congressional seat. On Monday, as he pleaded guilty to misusing campaign funds to obtain a home loan, Taff effectively surrendered his political future and prepared for the possibility of prison.Save to My Web
Mortgage Draft Submitted To Parliament TurkishPress.com - Nov 28 10:18 AM
ANKARA - The draft law on mortgage was submitted to the parliament on Monday. According to the draft, the interest rates of housing loans will be either fixed or variable. Indices to be used for variable mortgage interest rates will be set by the Central Bank.Save to My Web
U.S. Home Equity Market to Reach $1 Trillion by Close of 2005 Real Estate News - Nov 28 12:54 PM
RISMEDIA, Nov. 29 Home equity, the largest segment of the non-mortgage consumer lending space, continues to be a leading loan product for many consumers. TowerGroup estimates that the U.S. home equity market could reach $1 trillion in value by year-end 2005.Save to My Web
KeyCorp acquires ORIX Capital Markets Dayton Business Journal - 2 hours, 52 minutes ago
KeyCorp has acquired ORIX Capital Markets, a commercial mortgage-backed securities business, the company said Tuesday.Save to My Web
Fitch Rates Wells Fargo P-T Ctfs $1.3B Series 2005-14 [Press Release] Business Wire via Yahoo! Finance - Nov 29 9:16 AM
NEW YORK----Nov. 29, 2005--Wells Fargo mortgage pass-through certificates, series 2005-14, are rated by Fitch Ratings as follows: $1,259,275,957 classes I-A-1 through I-A-11, I-A-PO, I-A-R, II-A-1, II-A-2, and II-A-PO, 'AAA' ; $29,045,000 class I-B-1 and II-B-1, 'AA'; $7,792,000 class I-B-2 and II-B-2, 'A'; $4,522,000 class I-B-3 and II-B-3, 'BBB' $2,615,000 class I-B-4 and II-B-4, 'BB' Save to My Web
Bank of Montreal, Scotiabank Profit Lifted by Lending (Update1) Bloomberg.com - 2 hours, 1 minute ago
Nov. 29 (Bloomberg) -- Bank of Nova Scotia and Bank of Montreal, Canada's third- and fifth-biggest banks, said fourth- quarter profit climbed on higher revenue from mortgages, credit cards and mutual funds.Save to My Web