LONDON, Nov. 21 (UPI) -- Home repossessions rose 12 percent in Britain in the third quarter and the annual figure is projected to be a 70 percent jump over 2007, an industry group said.
WASHINGTON, Feb. 27 (UPI) -- Federally backed lender Fannie Mae reported a fourth quarter net loss of $3.56 billion Wednesday, including losses in derivatives and investments.
LONDON, Oct. 20 (UPI) -- Matt Ridley, chairman of the troubled British bank Northern Rock, has resigned.
NEWCASTLE, England, Oct. 3 (UPI) -- Northern Rock PLC bank shares rose 10 percent Wednesday after a newspaper said a U.S. private-equity firm had secured $30 billion for a possible takeover.
LONDON, Sept. 15 (UPI) -- Britain's banking leaders rushed to reassure the public after customers withdrew nearly $2 billion from Northern Rock, one of the largest mortgage lenders.
LONDON, Sept. 14 (UPI) -- Northern Rock shares plunged more than 20 percent Friday after one of Britain’s largest mortgage lenders sought an emergency loan from the Bank of England.
LOS ANGELES, Aug. 16 (UPI) -- The mortgage lender calling itself No. 1 in the United States is reported facing widespread credit worries and maybe even bankruptcy.
MELVILLE, N.Y., Aug. 3 (UPI) -- American Home Mortgage has lost its battle with "disruptions" in the secondary mortgage market.
ORANGE, Calif., May 2 (UPI) -- California's ACC Capital Holdings Corp., owner of Ameriquest Mortgage Co., is dismissing 3,800 workers and closing 229 branches.
NEW YORK, Sept. 10 (UPI) -- The increase in mortgage interest rates has dampened mortgage refinancing, resulting in layoffs at major U.S. mortgage lenders.
