mortgage how much can i borrow News

Watchdog: GMAC bailout could cost taxpayers $6.3B The Associated Press GMAC provides critical financing to auto dealers, who borrow to finance their fleets until the cars can be sold to consumers. |
![]() Times Online | Northern Rock: more than 4% of mortgage customers are in arrears The Guardian Before it was nationalised, the company specialized in so-called Together loans – allowing customers to borrow more than the value of their home – and this Northern Rock Shrinks Losses, Arrears Rise Our staff have earned their bonuses, says Northern Rock chief executive Future looks brighter for Northern Rock and Barclays |
![]() The Guardian | Curbing derivatives might hurt, not help, Greece The Associated Press "As soon as you restrict the credit default swap market in even a small way, it will be more expensive to borrow and more expensive to hedge. Threats to Regulate CDS Market Sound Familiar |

