KUALA LUMPUR: The suspension by budget long haul carrier AirAsiaX of its Kuala Lumpur-Christchurch is yet another further worrying development in the overall global aviation industry, which is likely to lead to higher air travel costs for passengers
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Turbulent times in air travel
Posted by mortgage 71 days ago (Editorial)
Mortgage Investors May Be Owed Three Times More in BofA Deal
Posted by mortgage 306 days ago (Editorial)
Investors in Countrywide Financial Corp. mortgage bonds may be owed three times or more of what they?re being offered in an $8.5 billion settlement with Bank of America Corp., a group of Federal Home Loan Banks said.
In Hard Times, Mortgage Debt Can Set You Free
Posted by mortgage 334 days ago (Editorial)
Mortgage myth busted: Using extra cash to pay down your mortgage can make it harder to weather a cri
Bankruptcy Is ?Imminent? for Lender Taylor Bean (New York Times)
Posted by mortgage 1015 days ago (Editorial)
Taylor, Bean & Whitaker Mortgage ?s lawyers said in court papers last week that a ?bankruptcy filing is imminent? for the 12th-largest U.S. mortgage lender, after it was forced to shut down mortgage lending operations.
Home construction slows in region (Albany Times Union)
Posted by mortgage 1015 days ago (Editorial)
Pace continues to fall, extending trend that began before mortgage crisis
Pushing the Limits of Stimulus Plans (New York Times)
Posted by mortgage 1015 days ago (Editorial)
In the beginning, there was only a financial crisis. When the subprime mortgage market blew up in August 2007, few economists worried about the wider impact. In retrospect, that serenity was foolish, Breakingviews writes.
Low mortgage rates to drive up prices (Otago Daily Times)
Posted by mortgage 1015 days ago (Editorial)
Low mortgage rates are set to drive up house prices by an expected 24% by June next year from the same month this year, a report out yesterday says. read more
Colorado lender positions itself to grow amid hard times (Denver Post)
Posted by mortgage 1064 days ago (Editorial)
Cherry Creek Mortgage Co. is among the lenders picking up the pieces in a shattered mortgage industry. About one out of every 500 mortgages made nationally this quarter is coming through the independent lender, compared with one out of every 2,000 back in 2004.
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