Executives at U.K. Insurer Aware They Were Mis-Selling Mortgage Endowments - 2004-01-29
Executives at Legal & General were aware they were mis-selling mortgage endowments during the late Nineties, Financial Mail can announce.

E-mails sent between senior directors and passed on by an L&G whistleblower show that in 1998, Mike Bolton, the insurance giant's UK actuary at the time, believed endowments no longer had a role to play in the mortgage market.
Read the full story at Miami Herald

Adelaide Mortgage Bank forsees strong year - 2004-01-29
Demand for mortgage loans may be softening as interest rates look to go higher but Adelaide Bank Ltd chief executive Barry Fitzpatrick is predicting a strong 2004, after a 29 per cent leap in half year net profit.

Adelaide Bank posted a net profit of $29.058 million for the six months to December 31, 2003 compared with $22.5 million for the same time in the previous year.
Read the full story at Melbourne Age