Aug
12
Asian stock markets down, sub-prime lending blamed
Filed Under Stock Market News, Investing 101 | 1 Comment
Over the last few weeks, Asian stock markets have taken a number of hits, which have sent stocks tumbling at least 5%. Sub prime lending - high risk mortgages - in the USA was blamed, which highlights the global nature of financial markets now. Read more
Aug
3
American Home Mortgage to severely downsize
Filed Under Stock Market News, Property, Industries, Credit & Loans | 5 Comments
Another home load lender is set to severely downsize. American Home Mortgage, which has seen it’s stock fall over 95% this year, is set to shed over 90% of it’s workforce. Read more