Archive for the 'Mortgages' Category

Mortgage securities

October 27, 2008 in Mortgages
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Whhhooooooof . . . OK so all this mortgage securitization business goes way over my head . . . but I’ve just had a great PR pinged into my inbox which answeres some very interesting questions. You can see the original article here.
Let’s start with the basics; What is mortgage securitization?
Very simply, it’s when mortgages [...]

Mortgage rate reduction – GMAC

October 23, 2008 in Mortgages
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Nice to receive a letter from GMAC the other day informing me that my variable base aret has been reduced by 0.5% in line with that of last week BoE base rat cut.
Quick calculations revealed that that will save me about £60.00 a month – not to be sniffed at right now, I can assure [...]

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    Finance Farm is my personal blog orbiting the world of personal finance. I work in the personal finance industry and I have a lot to thank it for - it provides me a living and helps me to look after my family. I'll be covering allsorts of things in the blog including my own personal finance thoughts and news from the mortgage, loans, debt & insurance industries. This blog should not be taken as financial advice - that IS NOT what I'm doing - it's simply a place to list my own thoughts on mortgages, loans, debt and insurance. If you want to contact me, or have any mortgage, debt, loan or insurance news, feel free to drop me a line via one of the comment forms :)