Frank threatens tough mortgage rules "The only other thing we can say to them is, 'If you don't do this, then there are going to be tougher rules going forward than there might otherwise have
Wizard chairman tips February rate rise The chairman of Wizard Home Loans, Mark Bouris, is tipping an interest rate rise when the Reserve Bank next meets, predicting it will cause hardship for newer mortgagees.Commentread more...
Powerful blast rocks north Beirut suburb Package forces evacuation of Blair's St. Store fire kills 19 in northern Russia 16 killed in explosion in northern Russia 4 terror suspects escape U.S. Afghan base Rice: U.S. rising
Mortgage loss alert sparks fall for MBIA (FT.com via Yahoo! News) Shares of specialist bond insurer MBIA (NYSE:MBI) plunged by nearly 16 per cent on Wednesday after ratings agency Moody's suggested losses on mortgage securities could put the company's triple-A
Struggling: Home building falls to an all-time low The sound of hammering is far less frequent in the Upper Valley, as it settles into the worst home building slump in its recorded history.read more...
Goldman Doesn't Plan Significant Mortgage Writedown (Update1) (Bloomberg.com) Nov. 13 (Bloomberg) -- Goldman Sachs Group Inc., the biggest U.S. securities firm by market value, doesn't plan to take any significant writedowns on mortgage-related assets, Chief Executive Officer Lloyd
He was a lovesick schmuck, and she was a needy sucker. Now, they’re both going to federal prison.
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