Mortgages News
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IPO REPORT: IndyMac Eyes IPO For Blossoming Reverse Mortgage Biz ...
1 May 2006
source:
morningstar.com
NEW YORK (Dow Jones) - IndyMac Bancorp Inc. said Monday said it's considering an initial public offering for its Financial Freedom Senior Funding Corp. as net income at the reverse mortgage unit doubled in the first quarter. The Pasadena, Calif.-based IndyMac Bancorp Inc. (NDE) said the IPO would drive "growth and opportunities" for Financial Freedom, help attract and retain talent, raise cash ... |
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Boss 'banks with rivals'
1 May 2006
source:
manchesteronline.co.uk
THE boss of Barclays has taken out a mortgage with rival HSBC, it has emerged. Chief executive John Varley mortgaged his £1.5m London townhouse with HSBC last year, according to a Sunday newspaper. The bank's finance director and deputy chairman have also taken out mortgages elsewhere, at Royal Bank of Scotland and Lloyds TSB. Advertisement your story continues below At the time Mr Varley, ... |
