Brits urged to get loans before Christmas

The full effects of the credit crunch are now starting to be felt – and a result personal loans and mortgages are starting to be more difficult to secure.
This week two lenders, Hanley Economic Building Society and Eskimo Loans, withdrew their personal loans – meaning one in ten lenders have left the market after […]

Fieldstone Mortgage files Ch. 11 bankruptcy

Citing rising mortgage delinquencies and tightening credit markets, Fieldstone Mortgage Co. has filed for Chapter 11 bankruptcy protection.
The Columbia company’s board of directors agreed to the move in a special meeting held Nov. 23, according to documents filed in U.S. Bankruptcy Court for the District of Maryland. Fieldstone said it has liabilities of more than […]