ABC Rolls Out Islamic Mortgage Setup in UK (MENAFN)
ABC Rolls Out Islamic Mortgage Setup in UK

ABC Rolls Out Islamic Mortgage Setup in UK (Zawya)
LONDON, 4 October 2007 -- ABC International Bank plc, part of the Bahrain-based ABC Group ABC Group and the leading provider of Islamic home finance in the UK, has launched the first fixed priced Islamic mortgage aimed at buy-to-let investors.

UK jobs go in Morgan Stanley mortgage cull (ShareCast via Yahoo! UK & Ireland Finance)
Morgan Stanley has announced that it will cut around 90 jobs at its UK mortgage subsidiary out of a total cull of 600 in its residential mortgage business.

(AFX UK Focus) 2007-10-04 16:08 GMT: Financial services companies launch mortgage pilot program in Washington DC (Interactive Investor)
WASHINGTON (Thomson Financial) - Several financial services companies today announced a new pilot program in Washington DC that will allow as much as 200 mln usd in new mortgage originations for borrowers with little or no credit history.

(AFX UK Focus) 2007-10-04 11:32 GMT: Ahead of the Bell: Mortgage Tax Relief (Interactive Investor)
WASHINGTON (AP) - House lawmakers are due to vote Thursday on a bill that would allow homeowners to avoid paying taxes on mortgage debt which gets forgiven as part of a foreclosure or a modified loan.