Mortgage

A mortgage loan is a loan secured by real property through the use of a mortgage note which evidences the existence of the loan and the encumbrance of that realty through the granting of a mortgage which secures the loan. However, the word mortgage alone, in everyday usage, is most often used to mean mortgage loan.

Articles About Mortgage

Moody's downgrades three big Nordic banks

By Reuters

Moody's Investor Service downgraded credit ratings of three large Nordic banks on Friday, citing their reliance on market funding, tough competition for retail loans, and their exposure to the spreading euro zone debt crisis. (10:00 am)

MORE TOPICS: BNP PARIBAS, JAPAN, AUSTRALIA, RETAIL, COMMERCIAL REAL ESTATE

Moody's cuts ratings for three Nordic banks

By Reuters

Moody's cut ratings for DNB <DNB.OL>, Handelsbanken <SHBa.ST> and Nordea <NDA.ST> on Friday in an expected move, pointing to vulnerability in terms of the Nordic banks funding and asset quality, as well as modest profitability. (7:14 am)

MORE TOPICS: RETAIL, COMMERCIAL REAL ESTATE

US 30-Year Mortgage Rate Hit New Record Low: 3.78%

By IBTimes

U.S. 30-year fixed mortgage rates dropped to 3.78 percent in the week ending May 24, down slightly from 3.79 percent in the previous week, mortgage financier Freddie Mac said Thursday. (3:29 pm)

MORE TOPICS: FREDDIE MAC

British recession deepens as euro zone woes mount

By Reuters UK

A slump in construction output drove Britain even deeper into recession than initially thought in the first quarter of this year, raising the chance the Bank of England will inject more cash to prop up the faltering economy. (2:07 pm)

MORE TOPICS: IMF, HSBC, GDP, BANK OF ENGLAND, INTERNATIONAL MONETARY FUND, QUANTITATIVE EASING

UK recession deepens as euro zone woes mount

By Reuters UK

Britain fell deeper into recession than first thought in the first quarter of this year after a sharp drop in construction output, raising the likelihood the Bank will need to inject more stimulus to protect the economy from the raging euro zone debt crisis. (May 24)

MORE TOPICS: IMF, GDP, INTERNATIONAL MONETARY FUND, QUANTITATIVE EASING, INVESTMENT

Spain bails out Bankia, seeks plan for troubled regions

By Reuters UK

Spain announced a 9-billion-euro (7.22 billion pounds) bailout for troubled lender Bankia on Wednesday, while also seeking ways to help its highly indebted regions meet huge refinancing needs that threaten to drag the country deeper into the euro zone crisis. (May 23)

MORE TOPICS: UNEMPLOYMENT, GOLDMAN SACHS, EUROPEAN UNION, MANAGEMENT

Spain to inject $11.3 billion funding gap at Bankia

By Reuters

Spain said on Wednesday its rescue of problem lender Bankia would cost at least 9 billion euros ($11 billion), as the government tries to clean up a banking system that threatens to drag the country deeper into the euro zone crisis. (May 23)

MORE TOPICS: UNEMPLOYMENT, GOLDMAN SACHS, EUROPEAN UNION, MANAGEMENT, INTERNATIONAL MONETARY FUND

Spain to fill 9 billion euro funding gap at Bankia

By Reuters UK

Spain said on Wednesday its rescue of problem lender Bankia <BKIA.MC> would cost at least 9 billion euros (7.2 billion pounds), as the government tries to clean up a banking system that threatens to drag the country deeper into the euro zone crisis. (May 23)

MORE TOPICS: UNEMPLOYMENT, GOLDMAN SACHS, EUROPEAN UNION, MANAGEMENT, INTERNATIONAL MONETARY FUND

Housing market recovery gains traction

By Reuters

The U.S. spring home-selling season got off to a strong start in April with rising sales and prices providing evidence that a housing market recovery was gaining some traction. (May 23)

MORE TOPICS: BARACK OBAMA, BARCLAYS, MORGAN STANLEY, GDP, NEW YORK, FORECLOSURES

Spain's Banks In Focus Ahead Of Bankia Rescue Plan

By Reuters

Spain may say on Wednesday how it will plug a hole of at least 8 billion euros ($10.21 billion) at Bankia, part of an effort to clean up a banking sector laden with bad debts and stop the country sinking further into the euro zone debt crisis. (May 23)

MORE TOPICS: GOLDMAN SACHS, EUROPEAN UNION, INTERNATIONAL MONETARY FUND, INVESTMENT

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