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Bradford & Bingley's £11.8 billion mortgages sold off as crisis nears end

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Bradford & Bingley's £11.8 billion mortgages sold off as crisis nears end

A book of mortgages held by collapsed former building society Bradford & Bingley was today sold to the Prudential and fund manager Blackstone.
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Century National Bank's New Philadelphia Lending Center relocates

Marty Merryman, local lending professional with more than 35 years of experience, leads this office and serves business banking clients in the
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Assistive Technology/ Device Lending Library (DLL)

IL Coordinator – Assistive Technology / Device Lending Library (DLL) (Full Time; Benefited, Non-exempt) Salary: $17.00 hour (not negotiable) CRIL
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REALTORS® Expect “Strong” Housing Market Conditions Over the Next Six Months

REALTORS® are generally optimistic about the existing homes market in the next six months. The REALTORS® Confidence Index—Six-Month
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An inside look at Ben Carson's listening tour

After being confirmed as Secretary of the U.S. Department of Housing and Urban Development, Ben Carson announced he would go on a listening
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Mortgages – Affidavit – GLc 244, §17B

Where a U.S. District Court judge rejected a challenge to a mortgage foreclosure, the judgment must be vacated in part, as the defendant bank waived
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Buy-to-let mortgages from Bradford & Bingley sell for £11.8bn

The government has sold buy-to-let mortgages which belonged to failed Bradford & Bingley for a whopping £11.8bn. Insurance firm Prudential and
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Coventry unveils 50% LTV buy-to-let range

Kevin Purvey (pictured), director of intermediaries, said: “We're very pleased to launch a new range of buy-to-let mortgages at 50% LTV. “As well as
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Still Cleaning Up The Financial Crisis – £11.8 Billion Bradford And Bingley Mortgage Loans Sold

Would some to all of these mortgages default? Yes, English mortgages are recourse, meaning the bank can and will still come after you for money
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Blackstone and Prudential Complete £11.8 Billion Deal For Bradford & Bingley Mortgages

U.S. private equity giant Blackstone and FTSE 100 insurance company Prudential have completed a deal to buy £11.8 billion of loans from the U.K.
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Prudential and Blackstone snap up B&B loans for £11.8bn

The loans, which are mostly buy-to-let mortgages still being repaid by borrowers, were sold at a discount of about £400m to their book value to reflect
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M3, lending edge up on production growth

THE amount of money circulating in the financial system registered double-digit growth in February as domestic claims eased and bank lending for
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Young families feel the squeeze in Vancouver's housing market

Paul Kershaw, a professor at UBC's school of population and public health and founder of Generation Squeeze, spoke to CBC about Vancouver's
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Government raises £11.8bn with Bradford & Bingley mortgage sale

Philip Hammond has triggered the sale of £11.8bn worth of Bradford & Bingley loans acquired during the financial crisis. Photograph: Ian Nicholson/
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