mortgage lender

TPG pulls out of Bradford & Bingley plan - Newsday

LONDON - Bradford & Bingley PLC said Friday it is revising its plans to raise new capital after U.S. private equity fund Texas Pacific Group pulled out of an agreement to invest more than $350 million in the British mortgage lender. TPG withdrew ...

Opening Glance: Investment banks mostly rise - CNN Money

NEW YORK (Associated Press) - Shares of investment banks mostly rose Thursday morning, as major mortgage lender IndyMac Bancorp Inc. said its operations are improving from lows seen earlier during the mortgage-market crisis. How shares of major ...

HBOS seeks £4bn from shareholders as credit crunch bites - Daily Telegraph

HBOS has unveiled plans to tap shareholders for £4bn as Britain's biggest mortgage lender becomes the latest UK bank to bolster its balance sheet in the face of the credit crunch. The bank's board, which is holding its annual general meeting in ...

UPDATE 3-GMAC lends $468 mln to mortgage unit, cut by S&P - Reuters

NEW YORK, April 24 (Reuters) - Residential Capital LLC, a money-losing mortgage lender, said on Thursday it borrowed $468 million from a new $750 million credit facility arranged by its parent GMAC LLC, in a bid to add liquidity until it finds longer ...

A Fair Trade Against Property

A Fair Trade Against Property Author Ajeet Khurana explains: Knowledge is power when taking a loan or mortgage. Choosing A Mortgage Lender - What Are The Main Criteria? Posted By : Craig Elliott Purchasing property is a huge investment. Whether this is your first home or you’re an old pro in the real

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HBOS raises £750m of new capital in a bid to beat credit crunch

Times Online - Britain’s biggest mortgage lender sealed the deal last Wednesday, seizing an opportunity to raise money after the US Federal Reserve announced further plans to bail out the money markets.

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