SoCal home sales climb in July, prices fall Munster Times, IN - 30 minutes ago About two-thirds of sales last month were foreclosures or short sales _ when a house is sold for less than the amount owed on the mortgage _ compared to ...
'Liar loans' threaten to prolong mortgage crisis 6abc.com, PA - 1 hour ago By ALAN ZIBEL, AP Business Writer August 18, 2008 -- In the mortgage industry, they are called "liar loans" - mortgages approved without requiring proof of ...
Singapore shares open sharply lower on renewed credit worries Hemscott, UK - 57 minutes ago ... Mae and Freddie Mac fell to their lowest levels in nearly 20 years on concerns that the US government might need to bail out the mortgage financiers. ...
Wall Street Pulls Back As Financials Fall KDKA, PA - 53 minutes ago ... Mae and Freddie Mac fell to their lowest levels in nearly 20 years on concerns that the government might need to bail out the mortgage financiers. ...
Minutes from RBA's August monetary policy meeting Business Spectator, Australia - 51 minutes ago There had been further issuance of bonds in the domestic residential mortgage-backed securities market; although volumes had been low, spreads appeared to ...
Deregulate the Property Market Now (), South Korea - 40 minutes ago It is not entirely good news that housing prices are declining across the country: demand could slow further while the threat of a rise in mortgage defaults ...
Will the consumer credit market be the next to collapse? Crikey (subscription), Australia - 21 minutes ago While the US mortgage market has collapsed due to banks lending to borrowers with poor credit risks and insufficient collateral, at least those borrowers ...
Wall Street Pulls Back As Financials Fall CBS2 Chicago, IL - 57 minutes ago ... Mae and Freddie Mac fell to their lowest levels in nearly 20 years on concerns that the government might need to bail out the mortgage financiers. ...
Country grapples with runaway property prices China Daily, China - 26 minutes ago ... of measures since 2005, including the introduction of new taxes on sales and capital gains and higher interest for mortgage lending on second homes. ...
Banks drag share market lower The Australian, Australia - 16 minutes ago Every stock in the Dow had fallen last night after news emerged that the US government might have to bail out mortgage-finance giants Fannie Mae and Freddie ...
Fannie Mae, Freddie Mac Are Pounded Wall Street Journal Blogs, NY - 28 minutes ago As defaults on home mortgages soar, Fannie and Freddie have recorded combined losses of about $14 billion in the past four quarters. ...
SoCal home sales climb in July, prices fall Yahoo, Thailand - 59 minutes ago About two-thirds of sales last month were foreclosures or short sales _ when a house is sold for less than the amount owed on the mortgage _ compared to ...
