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California's housing market flattens  The housing market may be sliding sideways, but there don't appear to be any significant signs of decline.read more...


WaMu shares tumble after revelation of mortgage woes (Houston Chronicle)  Washington Mutual shares tumbled in early trading today amid concerns over its exposure to turmoil in the mortgage and credit markets. read more...


Mortgage-bond guru caught up in collapse / Franklin Bank fails to...  Yet he couldn't save his own company from getting tangled in the real estate loan bust.read more...


Enterprise Business Applications Enterprise Portals Mortgage services firm invests in hosted CRM  Get comprehensive coverage on a broad range of topics. Sign up TODAY for FREE weekly alerts on the subjects that interest you most! Eternal vigilance, said Thomas Jefferson, is the


Budget deficits endanger U.S. economic health  Like a person packing on pounds, the United States keeps adding to its flabby budget deficits, endangering the nation's economic health and the pocketbooks of ordinary Americans.read more...


Rate Trend Index -- Mortgages  Each week, Bankrate.com surveys experts to gauge which way the interest rates are headed on mortgages -- a vital tool if you're about to buy a home.read more...

May 15th, 2008

Bank restates no upper limit on mortgage swap plan (Reuters via Yahoo! UK & Ireland News)

The Bank of England reiterated on Friday its mortgage swap plan has no upper limit and refused to forecast any final total after media said banks could exchange assets worth well above the estimate of initial demand.

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