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Jeremy Hunt calls mortgage crisis summit as experts urge banks to help those struggling
The Independent UK via AOL· 12 months agoMinisters have waded into the unfolding mortgage crisis, piling pressure on lenders to be “flexible”...
The bank collapses triggered by SVB have uncanny parallels to the savings and loan crisis of the...
Fortune via Yahoo Finance· 1 year agoSamuel Clemens, also known as Mark Twain, didn't live to see the bank runs and market crash of 1929,...
Mortgage companies could intensify the next recession, US officials warn
CNN Business via Yahoo Finance· 4 weeks agoUS officials worry the next recession could be intensified by a cascading series of failures in the...
What is a bank bailout?
Bankrate via Yahoo Finance· 1 year agoThe 2023 failures of Silicon Valley Bank (SVB), Signature Bank and First Republic Bank marked some of the largest bank failures in U.S. history. In the...
I completely dodged the mortgage crisis – and I'm feeling pretty smug
The Telegraph via Yahoo News· 6 months agoJust two years ago borrowing was effectively free. I, and thousands like me, bought a house at a...
Insurance crisis: Analysts cast doubt on Florida plan to replace Demotech as troubled insurers grow
Palm Beach Daily News via Yahoo News· 2 years agoResponding to public officials who have lashed out at the state's largest homeowners insurance...
Why Silicon Valley Bank's customers were bailed out
Business Insider via Yahoo Finance· 1 year agoJustin Sullivan/Getty Images Regulators shut down Silicon Valley Bank on Friday and halted account withdrawals. Over the weekend, SVB customers worried...
UK interest rate rise: Biggest hike in 14 years ‘to add £600 to some mortgages’
The Independent via Yahoo News· 2 years agoSome homeowners could see their annual mortgage costs increase by around £600 as a result of the...
On The Money — Rail strike crisis averted, for now
The Hill via Yahoo News· 2 years agoThe U.S. has narrowly avoided an economy-wrecking national railroad shutdown, at least for the time being. We’ll also look at spiking mortgage rates,...
Northern Rock group seeks 'stolen' shares redress
BBC via Yahoo Finance· 4 weeks agoCustomers lined up to withdraw their money from Northern Rock in York in 2007 [PA] Former Northern Rock shareholders have launched a fresh bid for...