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City Pacific wind-up order

A COMPANY owed $3000 has succeeded in having a liquidator appointed to wind up failed Gold Coast financier City Pacific.

Mortgage Funds Put Up The Shutters

MORE than 61,000 investors have been locked out of a clutch of mortgage funds operated by Commonwealth Bank-backed Colonial First State, marking the largest manager to be swept up in the funds freeze.

Could it be time for a second mortgage?

Taking out a second mortgage to gain money for stock market investment may be looking quite attractive.

Middle-income Families Feeling Mortgage Stress

MORE than one in four Australian borrowers expect to struggle with mortgage repayments in the next year, and rising interest rates are their biggest concern.

Us Government Steps In To Bail Out Mortgage Giants Fannie Mae And Freddie Mac

IN A frantic bid to avert a second crisis of confidence in US credit markets, the US Government has intervened to prop up the two mortgage giants, Fannie Mae and Freddie Mac.

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