Fannie, Freddie Reins Loosened In Move to Boost Housing Market
Fannie Mae and Freddie Mac’s regulator reduced the capital the firms must hold to 20% from 30% in an effort to help solve the real-estate and mortgage crises.
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Mortgage debt tops £1 trillion for first time (Guardian Unlimited) Mortgage debt in Britain has passed £1 trillion for the first time, reports the Bank of England.read more...
Statistics on mortgage and landlord possession actions in the county courts - third quarter 2006 (Government News Network) The Department for Constitutional Affairs today publishes figures for mortgage and landlord possession actions in the county courts of England and Wales for the third quarter of 2006.read more...
US home sales decline as construction work falters Sales of existing US homes probably dropped and construction of new ones stayed near a nine-year low last month as the industry slump continues to hold down economic growth.Commentread more...
Richmond Index faltered in 2005 (Reg Req'd) The Richmond Index's winning streak came to an abrupt halt in 2005. While much of the stock market churned out modest gains last year, the local barometer dropped 4 percent,
Outlook for 2007: Keep a Close Eye on Inflation and the US Consumer, says Fidelity International The long-term economic and equity market outlook for India remains favourable and while inflation needs to be monitored closely, economic growth is likely to remain on track at around 8%
MARTS MANGLED AMID MORE MORTGAGE MUCK (New York Post) US stocks plunged, sending the S&P 500 index into its first bear market since 2002, after rising borrowing costs spurred concern the biggest mortgage finance companies may not weather the
March 19th, 2008
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