A federal judge has ruled out Federal Deposit Insurance Corporation (FDIC) lawsuits against Citigroup Inc (NYSE: C), Bank of New York Mellon Corp (NYSE: BK) and US Bancorp (NYSE: USB) related to
mortgage debts.
Someone aged between 16 and 24 years old now could be aged 74 by the time they can celebrate becoming debt-free, the report found, as rising property prices lead to bigger
mortgage debts.
Rock bottom mortgage rates and poor returns on savings have made it more attractive for people to use any spare cash they have to pay down their
mortgage debts.
A BANK said yesterday they want to keep the pressure on disgraced former Rangers owner Craig Whyte over unpaid
mortgage debts on his Highland castle.
Dr Archer questioned the Bank's analysis that there was little sign that families are generally making an active effort to pay down their
mortgage debts more quickly.
THE number of older people needing help with
mortgage debts has soared by 44%, figures revealed.
In the South-East, where
mortgage debts are heaviest, Abbey reckons one in five borrowers could make an overpayment.
Most lenders, however, insist that with real property being the safest investment at the current moment, people's desire to take on
mortgage debts makes sense.
Luring people to take on six-figure
mortgage debts by making the cost of owning equivalent to renting, after the mortgage-interest deduction, may promote bourgeois stability.
Homeowners have refinanced
mortgage debts through a wide range of financial institutions, although commercial banks and savings institutions (savings and loan associations and savings banks) have been the predominant sources of funds (table3).
A TYCOON facing a court rap over bank
mortgage debts has insisted he will fight to keep his properties.