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Household balance sheets healthy: RBA  "That's not to deny that there are pockets where there are genuine distress" The Reserve Bank of Australia Governor Glenn Stevens says household balance sheets remain healthy. via The


Commercial Net Lease gains 79% stake in Orange Avenue  Sorting... Please wait. Customization Wizard Industry Filters Portfolios MyInteractive E-Mail Alerts Source URL Options Commercial Net Lease Realty Inc.via


Foreclosure crisis hits self-storage centers  "You tell yourself, 'I'm only going to put my things in for a short time,' " ELK GROVE VILLAGE, Ill.- The foreclosure crisis is hitting yet another American locale:


Roseville Real Estate Owners Plead Guilty to $35 million Mortgage Fraud (FOX 9 News Twin Cities)  The two owners of a Roseville real estate company pleaded guilty Thursday in federal court to mortgage fraud in connection with a scheme involving at least 162 properties, principally in


Helpful Tips When Selling Your Own Home  Selling homes can be a tiring and tedious task. A lot of people,e specially during these trying times sell their homes to generate more money for investments and other purposes.read


GM cites mortgage meltdown as profit falls 90% (San Francisco Chronicle)  Citing restructuring costs and big losses from its mortgage lending business, General Motors Corp. on Thursday reported a 90 percent plunge in first-quarter earnings. The company lost its long-standing place

August 10th, 2007

Mortgage, credit turmoil should be ‘manageable’: IMF (AFP via Yahoo! News)

The International Monetary Fund said Friday that global financial market turmoil sparked by the troubled US mortgage sector and a related credit crunch should be “manageable.”

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