Japan estimates subprime losses at $8 billion Japanese banks are saddled with $8 billion in losses linked to the bad housing credit problem in the United States, the government said Friday, a number that's still small compared
Fed Chief Says Global Factors Contributed to Home-Price Boom Federal Reserve Chairman Ben Bernanke doesn't agree with critics who contend that the Fed's low interest rates helped create a housing boom and bust.
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Feds charge 24 in mortgage fraud scheme (Pittsburgh Post-Gazette) Federal prosecutors in Pittsburgh have charged 24 people connection with various mortgage fraud schemesread more...
Rate Trend Index -- Mortgages Each week, Bankrate.com surveys experts to gauge which way interest rates are headed on mortgages -- a vital tool if you're about to buy a home.read more...
Appraiser may overstate value of real estate (Reg Req'd) NEW YORK - Home buyers beware -- real estate prices are on the rise, but less-than-honest home appraisers may be further inflating property values.via
Gillard says mortgage stress is real (Whyalla News) Deputy Prime Minister Julia Gillard says mortgage stress is very real and everybody is worried about inflation. Ms Gillard said on Sunday there were many statistical measures of mortgage stress.read
LONDON (Dow Jones)—Gross U.K. mortgage lending was resilient in January, climbing 11% to an estimated GBP26.5 billion from GBP23.9 billion in December, the Council of Mortgage Lenders said Wednesday.
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