MORTGAGE LENDER NEWS & INFORMATION
Thursday, January 08, 2009
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LATEST MORTGAGE LENDER NEWS:

Bank of Ireland to sharply cut U.K. mortgage book
Bank of Ireland will cut its U.K. mortgage book “significantly” as part of a change in the focus of its business operations, the lender says.

US lenders push for court control of mortgage modification
US mortgage lender Citigroup, along with several other large providers are in talks with the US Attorney to allow judges to modify mortgages in bankruptcy court. ...

Mortgage lender pledges to stay
One of Jersey's biggest mortgage lenders says it will not be pulling out of the island, despite not being allowed to expand.

Mizrahi Forecasts 6% Growth on New Clients, CFO Says (Update1)
Jan. 8 (Bloomberg) -- Mizrahi Tefahot Bank Ltd. , Israel’s biggest mortgage lender, predicts revenue will grow as much as 6 percent this year, defying an economic slump, as it attracts new customers, Chief Financial Officer Eldad Fresher said.

Mortgage Modification Seminar to Help People Learn How to Modify Their Loans
Wealth and Health Network, an educational center that provides wealth and health education and resources, has affiliated with a mortgage modification company that helps homeowners obtain the best loan modification possible from their lender.

Tips for Refinancing Your Mortgage
There's a silver lining in the bad news from the real estate market. Mortgage interest rates are the lowest they've been in decades.

MarketWatch First Take: Bank of America signals it's not optimistic about 2009
For most of 2008, Ken Lewis, Bank of America Corp.’s pragmatic chief executive, used the bank’s relative strength to take advantage of troubled competitors, snapping up mortgage lender Countrywide and broker Merrill Lynch & Co. Now he's playing it closer to the vest as he plans to cut bonuses and pull out its investment in a Chinese bank.