The next wave of mortgage defaults

More borrowers with good credit are defaulting on their home loans, and that's going to make it even harder for the staggering housing market to recover.

http://tinyurl.com/6nzy9d



US central bank auctions funds

The move marks the Reserve's latest attempt to shore up the nation's struggling banking system, as the fallout from the US's mortgage crisis continues.

http://english.aljazeera.net/news/americas/2008/08/200881215369736616.html


From Information Clearing House



http://freepage.twoday.net/search?q=mortgage
http://freepage.twoday.net/search?q=housing
http://freepage.twoday.net/search?q=Federal+Reserve

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