California Home Mortgage News

The Latest News and Developments For
Home Loans in San Diego

Home Loan's Latest Breaking News

• A mileage mess with my mortgage  CNN.com - 1 hour, 23 minutes ago Northwest Airlines promises Dave Herstad 18,375 frequent flier miles when he applies for his mortgage. He gets the loan, but not the miles. After several rounds of finger-pointing between supervisors at Northwest, Lending Tree and Home Loan Center, his miles remain missing. What should he do?



• Thrift regulator wants more powers over mortgage industry  AP via Yahoo! Finance - May 27 9:49 AM  A regulator whose agency would disappear under a Bush administration plan to revamp financial oversight says his agency should instead be given expanded power over the U.S. home loan market.



• HSBC's U.S. Mortgage Business May Incur More Losses (Update1)  Bloomberg.com - May 27 8:43 AM May 27 (Bloomberg) -- HSBC Holdings Plc , Europe's biggest bank by market value, may post more losses at its home-loan business in the U.S., Chief Executive Officer Michael Geoghegan told shareholders in Hong Kong today.



• U.K. Mortgage Approvals Fall 39% on Tighter Lending, BBA Says  Bloomberg.com - May 27 2:33 AM May 27 (Bloomberg) -- U.K. mortgage approvals fell in April as sliding home values and tighter loan terms dimmed the appeal of borrowing to buy property, a report by the British Bankers' Association showed.



• Mortgage banker carves out a niche  Norwalk Advocate - 1 hour, 19 minutes ago Don't tell Alan Rosenbaum that the housing bubble has burst. His New York City-based mortgage banker and brokerage company Guardhill Financial Corp. has had a phenomenal year and is expanding into lower Fairfield County by opening a new office in New Canaan.

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