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Dollar clings to slim advance, on track for 2005 gain  The dollar trimmed already modest gains after a report that showed a rise in the number of U.S. jobless benefits applications.read more...


Britons return to mortgage market (Guardian Unlimited)  Mortgage lending increased by £1bn in November as confidence in the housing market began to return, figures out today revealed. However, consumers remained cautious about taking on unsecured debt, and


CEO out at Bear Stearns amid mortgage mess (USA Today)  Bear Stearns Cos. Chief Executive James "Jimmy" Cayne said Tuesday he will give up day-to-day control of the fifth-largest U.S. investment bank amid unprecedented losses from the subprime mortgage crisis.read


Bush to outline aid to mortgage holders (AP via Yahoo! News)   Offering federal aid for strapped mortgage holders, the White House outlined proposals Friday to help borrowers hard hit by credit problems and the housing slump.read more...


Count Votes Where All Members Can See  Q. We will conduct an election of the board of directors for our homeowners association soon. The voting member counsel will be conducting the election this year. read more...


What Goes Into the Interior Design of a Bedroom?   Interior design and interior decorating are two things that both concern the interior of a house, but though some people use the words interchangeably, interior design differs from interior

October 23rd, 2007

S&P May Cut Australian, N.Z. Mortgage Bond Ratings (Update2) (Bloomberg.com)

Oct. 24 (Bloomberg)—Standard & Poor’s may cut the credit ratings of 207 Australian and New Zealand residential mortgage- backed securities as turmoil in the U.S. subprime market spreads to home-loan insurers.

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