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UN urges measures to avert urban housing crunch  Two billion more people will be moving into the world's already overcrowded cities over the next 25 years, requiring 4,000 new housing units per hour between now and 2030 to


County mortgage defaults triple (The Salinas Californian)  Monterey County saw a 209 percent increase in mortgage defaults last year, but lenders and realtors said Friday it?s more a cautionary tale than a gloomy forecast for the housing


Ahead of the Bell: Mortgage Rates (AP via Yahoo! Finance)   Mortgage giant Freddie Mac will report its weekly survey of mortgage rates Thursday as investors continue to monitor the beleaguered housing sector.read more...


PowerShares launching builder, defense sector ETFs  PowerShares Capital Management, a relative newcomer to exchange-traded funds, is further challenging the status quo in the $250 billion business with a slew of new offerings, including ETFs tracking the


Mortgage trade for select few (The Telegraph)  New Delhi, April 23 : The Securities and Exchange Board of India (Sebi) wants to arm itself with more powers to regulate the proposed trading in mortgaged-backed securities. The regulator


Is Thursday the new Friday?  Of course, responsible employees would never make a night of it if they have work the next day, but it is well worth taking advantage of if you have a

March 31st, 2007

Clinton wants stricter loan standards, clearer mortgage papers (The Daily Comet)

Democratic presidential hopeful Hillary Rodham Clinton called Saturday for stricter home loan standards, clearer mortgage documents and greater counseling for borrowers to stave off further delinquencies and foreclosures, which are soaring nationwide.

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