Finance & Mortgage

'Feddie Mac : U.S. Housing Market Is Recovering From Depression

There are signs that the housing market is awakening from its depression-like condition of the past few years and beginning, though slowly, to make a nascent recovery, according to the U.S. Economic and Housing Market Outlook for March from Freddie Mac.

'S&P affirms Wells Fargo Home Equity Servicer Ranking

Standard & Poor's Ratings Services today affirmed its ABOVE AVERAGE ranking on Wells Fargo Home Equity (WFHE) as a residential mortgage subordinate-lien servicer. The outlook is stable.

'UK February Mortgage Lending Shows Healthy Trend For 2012

Gross mortgage lending by building societies and other mutual lenders rose 28% in February 2012, compared to the same month last year, according to the latest figures from the Building Societies Association.
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