Ex-Countrywide chief sees luxury home rout as tax bill bites

Ex-Countrywide chief sees luxury home rout as tax bill bites

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Rising rates now affecting purchase mortgage application activity By the summer of 2009 the policy interest rate in the UK was 0.5% and the Bank of England had reached the point of no return when it comes to cutting interest rates The decision to reduce official base rates to their minimum was in response to evidence of a deepening recession and fears of price deflation

Tax overhaul is ‘devastating’ to certain homeowners, he says A decade ago, Angelo Mozilo was the face of the housing bust that preceded the financial crisis. Now the former chief executive officer of Countrywide Financial Corp. is predicting another drop, and for some homeowners it may be even worse.

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Ex-Countrywide chief sees luxury home rout as tax bill bites American Mortgage Consultants buys Meridian Asset Services Thiam worked for management consultant. for the Bloomberg Europe 500 Banks & financial services index. dougan has been trying to rebuild Credit Suisse’s capital ratios, which were battered last.There have been many articles.

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Walter’s bankruptcy won’t affect Ditech’s servicing ability Walter’s bankruptcy won’t affect Ditech’s servicing ability The impending bankruptcy of Walter Investment Management Corp. should not affect its subsidiary ditech financial’s capability to service securitized mortgages, Fitch Ratings said.

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