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Fears grow of bailout for mortgage giants (Detroit Free Press) Investors are betting that time is running out for Fannie Mae and Freddie Mac. Shares of the mortgage finance companies lost more than a fifth of their value on Wednesday
Home mortgage closure system facing revamp Housing Secretary Alphonso Jackson passionately believes so and is expected to lay out a road map shortly on how to do it.via
Free Access to this Article Zhou Xiaochuan, governor of China's central bank, is an influential figure. But he is not as important as Alan Greenspan.read more...
Mortgage Rates Drop for 1st Time in 5 Wks. Rates on 30-year mortgages declined this week for the first time in five weeks amid expectations that the Federal Reserve won't push interest rates much higher.read more...
Credit growth at lowest since July 2005 Credit growth in the private sector eased to its lowest level in 15 months during October as interest rate hikes took effect, the latest statistics from the Central Bank showed
Getting a Mortgage with Bad Credit (Evening Times) (ARA) - Having bad credit is not the end of the world and it's not impossible to get a loan. Generally, credit scores below 600 are considered sub-prime and the