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Morgan Stanley sees expanding mortgage business (Reuters via Yahoo! Asia News)   NEW YORK, Feb 9 (Reuters) - Morgan Stanley will expand its mortgage business in the United States, Europe and Asia through investment, acquisitions and by working with its U.S.


Builder Confidence Holding Steady In December  Heading into the holidays, builders of new single-family homes continue to believe that the worst of the downswing in home buying is behind them, according to the National Association of


Business Audio/Video  Cities and states cost taxpayers $50 billion a year by courting corporations that have no real interest in job creation.read more...


67 from Chicago area charged in U.S. mortgage fraud probe  Federal authorities in Chicago Thursday afternoon announced charges against 67 people in a mortgage-fraud investigation with national reach.read more...


Depositions ordered in town suit  WHITE PLAINS , Concerned over the "increasing age" of the case, a federal judge Monday ordered former elected officials from the Town of Poughkeepsie be questioned in the town's nearly


Making Your Home Retirement Ready  An excerpt from "The Wall Street Journal Guide to the Business of Life" on design features that can make your home more livable as you age.read more...

April 18th, 2008

Mortgage meltdown as lending falls 17 per cent and experts warn worse is still to come (Evening Standard)

Mortgage meltdown is getting “rapidly worse”, lenders warned yesterday, as evidence emerged of house prices falling by up to £1,000 a day. The Council of Mortgage Lenders said mortgages could become dangerously expensive unless the Bank of England takes action.

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