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Mortgage lending picks up again (UK)

Mortgage lending has continued to show an unseasonal pickup as the year draws to a close. The Council of Mortgage Lenders (CML) said gross lending rose by 5% in November to £28.5bn. more...

Mortgage applications up last week: MBA

NEW YORK (Reuters) - U.S. mortgage applications rose for the first time in a month, mostly driven by a robust rebound in home refinancing volume even as interest rates rose, an industry trade group figures showed on Wednesday. more...

Home buyers told not to lie on pay (UK)

Homebuyers have been warned by the Financial Services Authority (FSA) not to lie about their income when applying for self-certification mortgages. If they do, it said, they risk landing themselves with a criminal record. more...
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