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Breaking News Fri, 25 Jul 2008

(photo: WN / Denise Yong)
National City posts $2.45 a share loss on mortgage charges
CNN
National City loses $2.45 a share | Regional bank takes mortgage-related hit and sees charges from acquisitions. | #yahooBuzzBadge-form{text-transform:uppercase;} #shareMenu{display:none;} | | | RSS Subscribe to Companies feed://rss.cnn.com/rss/money_news_companies.rss Paste this link into your favo...
George W. Bush
(photo: White House / Chris Greenberg)
Bush backflip on mortgage bailout bill
The Australian
| NEW YORK: George W. Bush performed an abrupt U-turn yesterday and dropped his opposition to a wide-ranging housing bill that would pave the way for a bailout of the stricken American mortgage industry. | He did so as the US House of Representatives and the Senate finally reached a deal on legislat...
Tips: qualifying for a mortgage
Richmond Times Dispatch
| NEW YORK -- Qualifying for a mortgage is not as easy as it used to be. The turmoil that has gripped the housing and the credit markets has led to lenders tightening their approval standards. | But while it is more difficult to qualify, it is not im...
National Australia Bank writes off $798 million over U.S. mortgage-linked debt
International Herald Tribune
| : National Australia Bank, the top lender in the nation, booked another 830 million Australian dollars, or $798 million, in losses from its exposure to U.S. mortgages, sending its shares down as much as 13 percent. | NAB blamed the worsening global...
Westpac lowers 2 year mortgage rates - down to 8.95 pc
NZ Herald
| Westpac Bank has matched yesterday's move of its rival ASB Bank by lowering its key 2-year fixed mortgage rate. | It dropped the rate by 25 basis points, or a quarter of one per cent, to 8.95 per cent, effective Monday. | The move comes after the R...
Mortgage tax revenue down about 42 percent for LI
Newsday
| Mortgage tax collection across Long Island plunged by about $94 million, or 42 percent, in the first half of this year compared with the same period in 2007, a result of continued weakness in the real estate market and a soft economy, according to ...

WN / Denise Yong
Securitization and the Mortgage Mess
Wall Street Journal
The search for causes of the housing-market collapse has begun. Two key congressional leaders claim to have identified some main culprits, but their explanations are incomplete. | ...

WN / Denise Yong
States battle mortgage foreclosure threat
USA Today
Posted  | Comment  | Recommend | | | By Stephanie Armour, USA TODAY Frustrated by the slow pace of federal relief, states around the country are pouring hundred...
 The President of USA, Mr. George W Bush speaking at a function, organised by AMCHAM, FICCI and CII at Purana Quila in New Delhi on March 3, 2006.tp1
PIB
Bush urges quick mortgage action
Canada Dot Com
| U.S. President George W. Bush urged Congress to act quickly on legislation to bolster Fannie Mae and Freddie Mac and stabilize the mortgage markets. The two federally chartered c...
Major mortgage lenders cut interest rates
The Daily Telegraph
| Homeowners have been offered some welcome relief as three major lenders said they would reduce their mortgage rates. | Scottish Widows Bank, the Royal Bank of Scotland (RBS) Group and Bristol & West confirmed cuts to some of their mortgages, includ...
Adventures in mortgage land
Scripps Howard
| Congress is set to give final approval, and President Bush is set to sign, a massive mortgage rescue bill that ventures into areas where federal housing policy has never gone. | President Bush has threatened to veto the bill all along but abruptly ...
All Types Of Mortgages See Rate Increases
CBS News
Mortgage rates shot up this week with 30-year mortgages climbing to the highest level in nearly a year, reflecting concerns in financial markets about the troubles at corporate giants Fannie Mae and Freddie Mac. | Freddie Mac reported Thursday that i...
Mortgage
George W. Bush
(photo: White House / Chris Greenberg)
Bush backflip on mortgage bailout bill
The Australian
| NEW YORK: George W. Bush performed an abrupt U-turn yesterday and dropped his opposition to a wide-ranging housing bill that would pave the way for a bailout of the stricken American mortgage industry. | He did so as the US House of Representatives and the Senate finally reached a deal on legislation that would permit the Government to back mortg...
Construction
 condo - condominium - housing - loft - apartment - wnhires - (rt1)
(photo: WN)
Thanks to OFWs and retirees, condo market is booming
Inquirer
| Most Read Business Oil prices rebound from 7-week low San Miguel serves up a second corporate shake-up San Miguel serves up a second corporate shakeup (UPDATE 2) CA voids SEC cease and desist order vs Meralco 'A' for airport Budget air terminal eyed; PAL joins move to NAIA 3 Kirin interested in buying San Miguel Brewery stake Peso waxes, wanes on...
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