Mortgage News from Around the World
Central banks fire new round at credit crisisEarthtimes (press release), UK - 8 President George W. Bush on Wednesday signed into law a sweeping housing...
New round of rate cuts by central banksRadio New Zealand, New Zealand - 2 ... nine steps over the past 13 months to counter...
Central banks launch $300 billion assault on credit crisisAFP - 41 Markets fear that the US central bank's rescue of American International Group...
The Round-Up: TuesdayNew York Observer, NY - 3 ... can’t secure mortgages like they used to. [WSJ] As giant mortgage lenders are slain by...
The Foreclosure Crisis Round 2Nightly Business Report, FL - 10 SUZANNE PRATT: Despite industry efforts to modify troubled home mortgage loans , more borrowers are...
Central banks should learn from credit crunch: economistABC Online, Australia - 6 The first major victim of the US subprime crisis, American Home Mortgage Investment...
Central banks go nuclearThe Age, Australia - 1 hour ago As US rates are now below the level at which the majority of stressed borrowers set...
Central banks in lock-stepBusiness Spectator, Australia - 5 Benchmark short-term lending rates around the world (Libor and bank bill swap) have fallen sharply and housing...
SCOREBOARD: Carnage all roundBusiness Spectator, Australia - 2 On the data front, Canadian retail sales were down as expected -0.3 per cent, while US mortgage...
The Bailout Round II: Adult Version?Huffington Post, NY - 12 It wouldn't matter how much money the banks had, they are not going to make...
Global central banks unite to offer a lifelineInternational Herald Tribune, France - 30 The IMF had estimated in April that the losses related to the...
Top lender under fire over new mortgage feeIrish Independent, Ireland - 5 He accused First Active of having some of the highest mortgage rates in...
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