Subprime Mortgages

Creditworthy Move? Tesco Bank To Launch Mortgage Deals

PA | Posted 04.08.2012 | UK

Tesco Bank will launch its long-anticipated push into the mortgage business next week, with some market-leading deals which also offer customers Clubc...

What Can We Learn From Fannie Mae and Freddie Mac?

Oonagh McDonald | Posted 18.08.2012 | UK Politics
Oonagh McDonald

Fannie Mae and Freddie Mac were extraordinary institutions, as they were owned by private shareholders but had to fulfil the government's housing policy: home ownership for all. So they purchased mortgage loans made by lenders and packaged them into mortgage-backed securities.

Lending To First-Time Buyers Surges 74%

PA/Huffington Post UK | Posted 16.05.2012 | UK

Lending to first-time buyers surged 74% during March in a rush to beat a deadline for the end of a stamp duty concession, figures showed today. The...