In a shakeup to the way we apply for mortgage's people will now take a personality test to see if their eligible to receive a large sum of money for them to own their own property. The test will take the form of a quiz with a number of questions and...
Moolah.web is set to continue their slow crucifixion of the poor with a mortgage product aimed specifically at "The desperate and gullible." Director Jacob Pretzelwitz was typically frank about the application process. "If they let us through the...
McLEAN, Va. - The nation is in utter shock to learn this week that the taxpayer-owned mortgage giant, Freddie Mac, is actually out to turn a profit. For the past two years, Freddie Mac has been placing multibillion-dollar bets that homeowners won'...
The mysterious finances of Chelsea skipper John Terry took another twist last night when he and his family moved back to the area where he was born - straight into a four bed council house. The 'stun' newspaper revealed he remortgaged his home in...
A home equity loan taken out by Congress in 2008 for much-needed renovations to the White House has fallen seriously in default and rumors are swirling that the bank holding the loan is considering foreclosure on the structure. While the first mor...
Dover, DE (BNSE): Justice Department investigators confirmed today they are considering possible fines and other penalties against several of the United States' largest financial institutions for the murders of hundreds of homeowners delinquent in...
When going to the polls voters always dream, as new labour put it, - "things can only get better" but then this is the method by which everything is 'packaged' these days. How gulliable are we? Just bought your car insurance? - Oh dear, you could...
A leading high street lender has admitted you are more likely to be run over than get a mortgage approved with their bank, and only slightly less likely to die in the bath. Banks appear to be 'advertising their wares' more than ever but an insider...
Malcolm Hurlston of the Consumer Credit Counselling Service proposed today that clients should have to pass an exam before being allowed a mortgage. Here at Spoofnews, we have obtained a draft copy of some of the exam questions: Dodgy Back Street Lender: Please answer all of the following questions by circling the appropriate answer: 1) Would you like a mortgage? Yes Reputable High...
After composing sentimental schmaltz after soap operatic schlock, British potboiler Andrew Lloyd Weber has announced his decision to turn to the high drama of the world of tall finance and elevated governmental corruption. Lord Andrew who receiv...
(New York-NY) Next month, the New York State Department of Corrections will launch a marketing campaign: "Jail Means Security" is the campaign's slogan. New York State Governor David Paterson announced the campaign at a press conference Friday mo...
Not a single home nor mortgage was sold in February. Mortgage Lenders Council (MLC) figures out today show no new mortgages were sold and only 132 remortgage deals were passed. Net mortgage lending rose 43 per cent. Alex Rumpelstiltskin, MLC...
You've heard plenty of stories about foreclosures, but the latest victims of this brutal recession are about to lose their cave they bought on eBay. That's right. For nearly five years, Charles Finny and his family have lived in a cave. His mor...
In a surprise move today the government announced that it will issue compulsory purchase orders for every house and plot of land in the country. The government regards this as simply an expansion of its Heathrow Airport purchase plans. A spokesp...
Buoyed by news that the Newcastle Stone bank is to be relaunched as a "Good Bank" as part of the government's efforts to stimulate lending, the lender today announced it's latest innovative product. "You've all heard of the so-called Buy-to-Let mo...
President-elect Barack Obama announced his plan to solve the mortgage crisis Friday morning. Effective January 31st, the government will take over all private property. "Private ownership is the root cause of these problems," said Larry Summers, O...
In a ray of good news during the economic crisis, RBS have stated that they will give a six month grace period to home owners defaulting on their mortgages. "We're just jolly nice chaps," said Richard Bertram-Smythe, the man who gave his initials...
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