Shares of two more UK mortgage lenders plummet (FT.com via Yahoo! News) Shares in smaller British banks suffered a sharp sell-off on Monday as analysts slashed their profit forecasts and investors worried that other institutions could suffer a fate similar to
Amid mortgage woes, many fleeing any risk (The Charlotte Observer) The widening fallout in the U.S. mortgage industry has reminded investors of a risk they had forgotten: the fear of risk itself. As unpaid mortgages and bankrupt lenders bring the
Japan Advances Toward A National Housing Act The National Association of Home Builders of the United States today applauded a newly signed, landmark declaration by the International Housing Association as a major advancement in the effort to
Landmark Mortgage converts to Maverick Mortgage (Business First of Louisville) Landmark Mortgage Group has been acquired by Maverick Residential Mortgage Inc., a Frisco, Texas-based firm with 38 branches nationwide.read more...
Study Finds Sacramento Housing Prices Likely to Drop The Sacramento area's housing prices, which have been skyrocketing for more than four years, may soon start to drop.via
FSA 'humiliated' by overturned verdict LEGAL & GENERAL, the UK's fourth largest insurer, has had the fine levied by the Financial Services Authority almost halved, in what will be seen as an humiliating blow to
As Australia’s sharemarket plunged for a record 10th consecutive day, writing billions of dollars off share values, Reserve Bank governor Glenn Stevens told Australians the US mortgage crisis was unlikely to do significant economic damage here.
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