Added on: 6 July 2008, 3:00 pm
Land mortgage (The Hindu) Public sector banks currently insist on farmers mortgaging both land and tractor as collateral for finance. Farmers must have a minimum four acres of irrigated land to get a loan for a tractor of less than 35 horsepower (hp), and six acres for tractors above 35 hp.

Added on: 6 July 2008, 3:37 am
Mortgage rates decline for week (San Francisco Chronicle) Rates on 30-year mortgages, which had been rising for five straight weeks, declined last week as signals from the Federal Reserve eased worries about imminent rate increases. Freddie Mac, the mortgage company, reported that 30-year fixed-rate mortgages...

Added on: 6 July 2008, 2:45 am
HSBC offers EIBOR-based mortgage (AME Info) HSBC Middle East Limited is introducing an EIBOR-based mortgage. This means, the loan follows the Emirates Interbank Offered Rate (EIBOR) for the life of the loan.

Added on: 6 July 2008, 1:45 am
As foreclosures rise, mortgage assistance tapers off (Houston Chronicle) The pace of the mortgage industry's efforts to assist troubled borrowers declined in May, as critics questioned lenders' progress in aiding U.S. homeowners facing foreclosure.

Added on: 6 July 2008, 12:18 am
Valley Savings, First Federal of Lakewood, Third Federal Savings have few bad mortgage loans (The Plain Dealer) f you wanted to count the number of bad mortgage loans at Valley Savings Bank in Cuyahoga Falls, you could do it on one hand. The 85-year-old family-owned bank has a whopping three -- count 'em, three -- customers who aren't paying on their loans.

Added on: 5 July 2008, 7:23 pm
Dive in mortgage approvals points to lower house prices (The Scotsman: Business) MORTGAGE approvals fell by 60% in May compared with a year ago and will reduce further over the next three months, according to figures from the Bank of England, leading t

Added on: 5 July 2008, 6:31 pm
Moody's poised to cut rating of UK mortgage lender (Financial Times) Bradford & Bingley yesterday braced for a further setback after Moody's, the ratings agency, indicated it was preparing to cut the ailing mortgage lender's credit rating.

Added on: 5 July 2008, 6:39 am
N.C. tightens down on mortgage industry (The Charlotte Observer) North Carolina is about to make it more difficult to work in the mortgage industry. A series of new rules – designed to help consumers – add several requirements before someone could be licensed as a loan officer or as a mortgage banker or broker. First proposed a year ago, the changes come at a time of increased scrutiny for the industry. Among the rules: Someone applying to become a loan ...

Added on: 5 July 2008, 3:20 am
Mortgage relief bill expected to pass (The Columbus Dispatch) WASHINGTON --When the Senate returns Monday from its Fourth of July recess, members will try again to pass a stalled package of mortgage relief and reform that could have a major impact on homeowners in Ohio, where foreclosures have become a crisis.

Added on: 5 July 2008, 1:17 am
Mortgage Brokers as Naysayers (New York Times) New York?s borrowers could notice a different tone in their discussions with mortgage brokers in coming months.