US markets down amid bank fears over mortgage bonds (The Nation)
New York – US stocks plummeted on Friday as investors deserted banking firms over mortgage bond fears.
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Australia May Consider a Fannie Mae-Style Mortgage Agency (Bloomberg.com) June 18 (Bloomberg) -- Australia may consider a government- backed mortgage agency similar to the Fannie Mae in the U.S., after recommendations from a housing affordability committee.read more...
Mortgage Woes Don't Stop British Market (AP via Yahoo! Finance) Britain already has felt the ripples from the subprime mortgage crisis in the United States through the volatility of stock and currency markets. Could it also infect the nation's
Automakers in tough bid to lure buyers Chrysler's decision to jump into the fray of hard-sell discounting signaled the start of a full-scale price war by Detroit's Big Three automakers on Wednesday.via
The Subprime Meltdown and the Ownership Society A huge percentage of the easy-money mortgages issued to low- and moderate-income families in the past few years are going bad. via The Washington Post read more...
Building Blocks For the Right Playroom Melinda Adamec likes to plan ahead. That's why she hired a builder late last year to transform the basement of her Arlington home into a playroom for her daughter,
Existing-home sales remain high While the average median price of existing homes sold in Central Florida dipped slightly from November to December, it was still 35 percent higher than a year earlier, with Seminole