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Carney warns about loosening mortgage standards (CTV.ca)  Bank of Canada governor Mark Carney is concerned about the loosening standards in the Canadian mortgage system, particularly the growing popularity of mortgages amortized over a 40-year period.read more...


BoI completes Bristol & West branch sale  Bank of Ireland has completed the sale of its Bristol & West branch network and associated deposit book to Britannia Building Society for STG150m .read more...


Cheap Money Fades as 10-Year Treasury Note Tops 5%  The era of cheap money may finally be nearing its end. Investors pushed up the yield on the benchmark 10-year Treasury note to its highest point in nearly four years


ADV: Trade Shares and Currencies Commission-Free  GCI offers commission-free online trading in shares, indices and major currencies. Register today for a free demo account - including charts, quotes and internet trading software.read more...


BofA looks to gain bigger share of mortgage market (BizJournals)  While Bank of America says it's proving that bigger is better in consumer banking, the formula breaks down when it comes to mortgage loans.read more...


Indebted households  Statistics released by the Bank of Greece on bank loans to businesses and consumers reflect the twofold problem that plagues the Greek economy.read more...

May 8th, 2008

House passes broad housing rescue despite veto threat

President Bush flanked by House Minority Leader John Boehner, R-Ohio, right, and House Republican Whip Roy Blunt, R-Mo., left, walks from Cross Hall to make a statement, Wednesday, May 7, 2008, after he met … via Topeka Capital-Journal



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