Bank of England set to act on mortgage crisis (Daily Telegraph) The Bank of England is on the verge of taking action to address the increasing reluctance among mortgage lenders to lend money in the wake of the credit crunch. It
Warning mortgage lending could halve (Financial Times) The Council of Mortgage Lenders gave the gravest warning yet of the threat hanging over the mortgage industry when it said lending could halve this year unless fresh liquidity were
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Raid Targets San Francisco City Official FBI agents and officers with the district attorneys office raided San Francisco's endlessly troubled building inspection office Thursday.read more...
Market Report Stocks Edge Higher on Strong Earnings Reports The market seems to be moving in a pattern similar to recent earnings seasons, in which the market rises with high expectations for earnings before companies begin to announce, then
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The slowdown in the residential property market is worsening, with the rate of growth in house prices declining from 19.6 percent in August to 17.6 percent last month, according to the latest Absa house price …
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