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david e. tucker named president of phh mortgage

phh corporation today announced that david e. tucker has been appointed president of phh mortgage corporation , the company’s mortgage origination and servicing subsidiary.

swedish banks' margin on mortgage loans widens

the margin between mortgage rates and swedish banks' financing costs have increased in recent years and was 1.1 percentage points at the end of the first quarter, sweden's financial supervisory authority said thursday.

emc mortgage sued by securitization trust in new york

the trust financed the purchase of residential mortgages by issuing certificates that were to be repaid with interest from revenue generated from the loans, according to the court document.

data snap: uk april mortgage, business lending weakens

net mortgage lending by u.k. banks dropped back in april as demand for property weakened following the end of the government's stamp duty land tax holiday for first-time buyers, and as rising euro zone tensions weigh more heavily on both business and consumer confidence, a survey from the british bankers association showed thursday.

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