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IMPORTANT: Bing News RSS feed has moved!IRISH Life & Permanent is expecting more than 10 bidders to table first-round offers for its £6.8bn (€8.1bn) UK loan book by the end of this week, while a "handful" are set to submit final bids for the sub-prime mortgage book in the coming days. Read moreIL&P expects over 10 bids for UK loan bookChicago - Illinois Gov. Pat Quinn has announced a loan program for first-time home buyers who ... offers a $10,000 grant toward a down payment and a 30-year fixed rate mortgage of 4 percent. Home buyers must meet certain income and purchase ... Read moreQuinn Introduces New Home Loan Program to Help Illinois VeteransState-owned IL&P has to sell or run down some 15.7 billion euros in assets by end-2013 under the terms of an EU-IMF bailout and has previously said it expected to sell its British mortgage book ... to sell or redeem loans worth 70 billion ... Read moreGood interest seen for IL&P's UK mortgage book - paperand a mortgage credit certificate worth up to approximately $20,000 for the life of the loan. The program will be funded through $5 million in Illinois Jobs Now! capital funds and $5 million from the Illinois Affordable Housing Trust Fund. The $10 million ... Read moreHome-ownership through Welcome Home Heroes program“I encourage everyone in Illinois to celebrate the holidays by ... grant toward the purchase of a new home in addition to a mortgage tax credit up to $20,000 over the life of the loan. For more information about these and other programs ... Read moreGovernor Quinn Joins with Operation Hero Miles to Help ServicemembersBut it is true that qualifying for a mortgage loan is more of a challenge today than it was during the height of the housing boom. RE/MAX agents in Illinois say that buyers today must be prepared for this new lending reality. Buyers with good credit ... Read moreRE/MAX Agents Report that Buyers Face New Challenges – and Opportunities – When Applying for Mortgagesas well as an additional mortgage tax credit up to $20,000 over the life of the loan. Welcome Home Heroes will make homeownership even more affordable for thousands of military families and create more than 400 jobs throughout Illinois. The Welcome Home ... Read moreGov. Quinn Announces New Home Financing Package for IL Veterans Military FamiliesClopton Capital is a commercial lender, provider of many financial services and is located in Chicago, IL. They primarily focus on commercial mortgages, SBA loans and niche financing ... possibly enter the residential mortgage industry by the year 2013. Read moreResidential Mortgage Opportunities Are Currently Being Explored by Clopton CapitalThis service is ideal for new loan originations as well as mortgage loan servicers since this process is faster and more cost effective than previous methods. The IL Group also recruited several industry professionals, including 20-year ... Read moreFor additional information, please see:
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