Posted on April 30th, 2008 by justin
National City Corp’s stock took quite a jump after the company announced that they had received investments that will assist them in writing off their bad debt, consisting mainly of subprime or CCJ mortgages. Banks across the UK and US are finding that they are having to take extraordinary measures in handling their subprime and […]
Posted on April 23rd, 2008 by justin
Bradford and Bingley are the latest bank in the UK to announce that they are getting out of the poor credit and ccj mortgage market, at least for the time being. Although ccj mortgages are historically hard to get, banks were letting up on their restrictions until the housing crisis hit its full peak. Now […]
Posted on April 16th, 2008 by justin
A new study has shown that women have been hit the hardest by the housing crisis, particularly in urban areas where CCJ mortgages are quite common. Although in the past few years it has been easy to get a bad credit, subprime or CCJ mortgage, banks are now closing, calling due their loans or simply […]