Mortgage - First-time buyers boost for Northern Rock

First-time buyers boost for Northern Rock
First-time buyers are beginning to return to the housing market, despite signs that property prices are on the increase, according to mortgage lender Northern Rock.
Source: business.timesonline.co.uk

AMCORE Bank Opens New Belvidere Office
AMCORE Bank announces the opening of its newest Belvidere branch at 782 Beloit Road. The new location is a 5,100 square foot, full-service facility that will offer retail, commercial, mortgage and wealth management services.
Source: biz.yahoo.com

Northern Rock Is on Target for 15% Increase in Profit (Update4)
April 3 (Bloomberg) -- Northern Rock Plc, Britain's No. 2 bank stock this year, said it met profit targets for the first quarter as cost controls helped mitigate mortgage arrears.
Source: www.bloomberg.com

Fitch Rates Consumers Energy's $300MM Second Lien Credit Facility 'BB+'
CHICAGO----April 3, 2006--Fitch has assigned a rating of 'BB+' to Consumers Energy Company's $300 million 364-day revolving credit facility. The facility is secured by a second lien on the collateral securing Consumers' first mortgage bonds .
Source: biz.yahoo.com

Broker tips: Northern Rock, BG Group, ITV, RHM
Mortgage lender Northern Rock delivered a bullish outlook for the banking sector today after it said first quarter net lending rose 26% on a year earlier.
Source: uk.biz.yahoo.com

Bradesco CEO Says Brazil Banks to Boost Mortgages 24% (Update1)
April 3 (Bloomberg) -- Brazilian banks may increase mortgage lending by 24 percent this year because of falling interest rates, improved regulation and rising demand for property, the chief executive of the country's biggest non-state bank said.
Source: www.bloomberg.com