Nikkei falls 3.7 percent
Investors are also jittery over news that JP Morgan Chase is buying rival investment bank Bear Stearns, which has been battered by its exposure to bets on risky mortgages. via The Hindu
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U.A.E. Takes Over Mortgage Lenders Amlak, Tamweel (Update4) (Bloomberg) Nov. 23 (Bloomberg) -- Amlak Finance PJSC and Tamweel PJSC , Dubai?s two-largest mortgage lenders, will be taken over by a government-owned bank as the global financial crisis squeezed their
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Mortgage fees soar to 22% in past year (icWales) MORTGAGE application fees have soared by up to 22% during the past year, with some borrowers facing four figure charges.read more...
U.S. home prices unaffordable for many workers: study CHICAGO - U.S. home prices may have dipped over the past year, but many American workers would still struggle to afford a median-priced home in major cities, a new study
Mortgage broker pleads guilty to federal charge (Boston Globe) The owner of a defunct South Burlington mortgage brokerage is facing up to 20 years in prison after pleading guilty to a federal wire fraud charge.read more...
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March 16th, 2008
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