Freddie Mac Net Drops on Provision for Housing Slump (Update6) (Bloomberg.com)

Aug. 30 (Bloomberg) -- Freddie Mac, the second-biggest U.S. mortgage finance company, reported quarterly profit fell 45 percent after setting aside $320 million for losses as the housing slump deepened.

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[Source: Yahoo! News Search Results for housing loan]

Freddie Mac Net Drops on Provision for Housing Slump (Update1) (Bloomberg.com)

Aug. 30 (Bloomberg) -- Freddie Mac, the second-biggest U.S. mortgage finance company, reported second-quarter profit fell 45 percent after providing for losses from the worst housing slump in 16 years.

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[Source: Yahoo! News Search Results for housing loan]

Federal Housing Adminstration to help refi at-risk loans (USA Today)

Some homeowners with risky "subprime" adjustable-rate mortgages will be able to refinance before they lose their home to foreclosure, with the help of steps President Bush will announce today, senior administration officials said Thursday night.

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[Source: Yahoo! News Search Results for housing loan]

Freddie Mac Net Drops on Provision for Housing Slump (Update2) (Bloomberg.com)

Aug. 30 (Bloomberg) -- Freddie Mac, the second-biggest U.S. mortgage finance company, reported second-quarter profit fell 45 percent after setting aside $320 million for losses from the worst housing slump in 16 years.

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[Source: Yahoo! News Search Results for housing loan]

Businesses Blame Slow Sales on Housing (NPR)

Newsweek columnist Daniel Gross says a lot of people use home equity to buy big-ticket items, such as boats and cars, and those industries are already blaming a downturn in business on the problems in the housing market.

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[Source: Yahoo! News Search Results for housing loan]

Housing Woes Grow as Prices Slump Nationwide (NPR)

A federal report finds that housing prices were flat this spring and could be heading lower. Economists say the recent news is evidence that the real estate slump will be more prolonged and widespread than predicted.

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[Source: Yahoo! News Search Results for housing loan]

Freddie Mac Net Drops on Provision for Housing Slump (Update4) (Bloomberg.com)

Aug. 30 (Bloomberg) -- Freddie Mac, the second-biggest U.S. mortgage finance company, reported quarterly profit fell 45 percent after setting aside $320 million for losses as the housing slump deepens.

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[Source: Yahoo! News Search Results for housing loan]

1 in 5 default mortgages in California is investor loan (Deseret Morning News)

A Mortgage Bankers Association report on Thursday showed that up to one in five mortgages in default in California belongs to a borrower who is not living in the home with the troubled loan.

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[Source: Yahoo! News Search Results for housing loan]

Bush Plans Loan Relief on Housing (New York Times)

President Bush will announce steps intended to help low-income families hit by the subprime mortgage crisis.

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[Source: Yahoo! News Search Results for housing loan]

Bush will seek loan relief for housing (Houston Chronicle)

President Bush plans to announce several steps today to help Americans who have credit problems to meet the rising cost of their housing loans, administration officials said Thursday.

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[Source: Yahoo! News Search Results for housing loan]

Recent Housing Stats Point To Lingering Weakness, But Full Picture Is Murky (Nasdaq)

(RTTNews) - Recent reports about the housing industry have pointed to continued weakness in the sector.

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[Source: Yahoo! News Search Results for housing loan]

Housing project still on schedule (Sonoma Index-Tribune)

The 52-home Las Palmas housing project is still on track but final plan approval and related redevelopment money are expected to arrive too late to help with the cost of the Sonoma Charter School's new playground, which offers access to children with disabilities.

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[Source: Yahoo! News Search Results for housing loan]

Fitch: Housing sector faces challenging 2008 (Providence Business News)

NEW YORK It is likely that 2008 will be another challenging year for the U.S. housing market, and especially for builders, Fitch Ratings said in an analysis released today.

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[Source: Yahoo! News Search Results for housing loan]

Lack of data clouds size of loan mess (The Columbus Dispatch)

WASHINGTON -- It's hard to know how scared to be if you don't know the size of the threat. No, not terrorism. Housing.

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[Source: Yahoo! News Search Results for housing loan]

No one really knows depth of housing crisis (The Plain Dealer)

Washington- It's hard to know how scared to be if you don't know the size of the threat. No, not terrorism. Housing.

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[Source: Yahoo! News Search Results for housing loan]

Lenders try home loan work-around (Contra Costa Times)

Double loans. Super piggy back. Seller carry backs. These are among the monikers being tossed around as mortgage agents seek to get a handle on the home loan debacle.

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[Source: Yahoo! News Search Results for housing loan]

Home loan demand slumps despite lower rates (Washington Post)

NEW YORK (Reuters) - U.S. mortgage applications fell for a second consecutive week, reflecting a drop in demand for home purchase and refinancing loans even as interest rates sank, an industry group said on Wednesday.

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[Source: Yahoo! News Search Results for housing loan]

Ahead of the Bell: Mortgage Applications (AP via Yahoo! Finance)

Investors on Wednesday will get an update on home loan applications as mortgage industry turmoil grows and the housing market's slump persists.

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[Source: Yahoo! News Search Results for housing loan]

Event provides home loan default information (Birmingham News)

Home loan defaults were the focus of the Birmingham Regional Chamber of Commerce's fourth annual Neighborhood Leadership Reception Tuesday night.

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[Source: Yahoo! News Search Results for housing loan]

Thailand Central Bank Holds Key Rate After Five Cuts (Update2) (Bloomberg.com)

Aug. 29 (Bloomberg) -- Thailand's central bank unexpectedly kept its benchmark interest rate unchanged for the first time this year after a U.S. housing-loan crisis caused stocks and the baht to slide.

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[Source: Yahoo! News Search Results for housing loan]

World equity markets stumble before US housing update (AFP via Yahoo! News)

Global stock markets suffered several sharp losses Tuesday ahead of a fresh reading on the frazzled US housing sector, with markets lower in Europe, the United States and most of Asia.

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[Source: Yahoo! News Search Results for housing loan]

World equity markets stumble before US housing update (TODAYonline)

The DAX index at the Frankfurt Stock Exchange. Global stock markets suffered losses ahead of a fresh reading on the frazzled US housing sector, with markets lower in Europe and most of Asia.

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[Source: Yahoo! News Search Results for housing loan]

Philly Bucking The Trend In The Housing Market (CBS 3 Philadelphia)

The Philadelphia area appears to be bucking the national downward spiral trend in the housing market. Robin Mackintosh Reports More Local News ... Get CBS 3 On The Go

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[Source: Yahoo! News Search Results for housing loan]

World equity markets stumble before US housing update (AFP via Yahoo! Asia News)

LONDON (AFP) - Global stock markets suffered losses on Tuesday ahead of a fresh reading on the frazzled US housing sector, with markets lower in Europe and most of Asia.

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[Source: Yahoo! News Search Results for housing loan]

Morrison partnership nets $85M construction loan (South Florida Business Journal)

Canyon-Johnson Urban Fund and mFm Construction have secured an $85 million construction loan with Citi Community Capital for Morrison, a 395-residence mixed-use development the companies are partnering on.

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[Source: Yahoo! News Search Results for housing loan]

Housing market woes spread, dampening Florida's consumer confidence (PhysOrg)

The latest round of bad news in the housing market dealt a blow to consumer confidence in August, causing a three-point drop to 78, its lowest level in a year, a new University of Florida study finds.

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[Source: Yahoo! News Search Results for housing loan]

World equity markets stumble before US housing update (TODAYonline)

Pedestrians are reflected on a electronic stock price board at the window of a securities' company in Tokyo, 21 August 20007. Global stock markets suffered several sharp losses Tuesday ahead of a fresh reading on the frazzled US housing sector, with markets lower in Europe, the United States and most of Asia.

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[Source: Yahoo! News Search Results for housing loan]

Blount housing market 'flooded' (thedailytimes.com)

The housing market appears to be in a free fall. On Tuesday, Standard & Poors released its nationwide housing index showing the steepest rate of decline in U.S. home prices in 20 years.

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[Source: Yahoo! News Search Results for housing loan]

WA wages fall behind housing (The West Australian)

WAs skyrocketing wages have not been able to keep up with the property boom, new census figures show, with growing evidence that housing affordability in the State is worsening even as home prices start to stabilise.

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[Source: Yahoo! News Search Results for housing loan]

Walsin secures NT$3.5 billion loan for expansion (Digi Times)

Walsin Technology Corporation (WTC) yesterday secured a three-year syndicated loan worth NT$3.5 billion (US$105.7 million) for its new high-capacitance multi-layer ceramic-chip capacitor (MLCC) plant and overall capacity expansion, according to a company filing with the Taiwan Stock Exchange (TSE).

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[Source: Yahoo! News Search Results for housing loan]

Housing Headaches (WBUR Boston)

The housing credit crunch is giving investors a wild ride on Wall Street, but how's it playing in Massachusetts neighborhoods?

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[Source: Yahoo! News Search Results for housing loan]

Japan: Bank Noted a Credit Risk (New York Times)

Many members of the Bank of Japan policy board agreed in early July that there was uncertainty in the outlook for adjustments in the American housing markets because of subprime mortgage problems, minutes of the central bank?s meeting of July 11-12 showed. Some members said it was not highly likely that the subprime loan problems would severely affect credit markets, the minutes showed, but if ...

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[Source: Yahoo! News Search Results for housing loan]

$85M Construction Loan Advances Miami Mixed-Use Project (Commercial Property News)

The development partnership of Beverly Hills-based Canyon Johnson Urban Fund and mFm Construction in Miami have secured an $85 million construction loan from Citi Community Capital for a 395-residence mixed-use development called Morrison in Miamis Little Havana.

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[Source: Yahoo! News Search Results for housing loan]

Housing sales stay sluggish (Miami Herald)

The South Florida housing market trudged through July at its long-running sluggish pace, and some experts said there's little indication conditions will improve anytime soon.

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[Source: Yahoo! News Search Results for housing loan]

Call for $1b for Kiwi housing dream (Stuff)

In a report, Rebuilding the Kiwi Dream, released yesterday, the social agency argues for a fundamental rethink of housing policy to put home ownership back within reach of most New Zealanders and counter a growing divide between the educated and uneducated, white and brown.

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[Source: Yahoo! News Search Results for housing loan]

FTN Financial Expects Weaker Consumer Will Continue To Exacerbate Decline Of Housing Market (Nasdaq)

(RTTNews) - Lindsey Piegza from FTN Financial commented on Monday that the weaker consumer will continue to exacerbate the decline of the housing market.

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[Source: Yahoo! News Search Results for housing loan]

Sioux Falls burns bright amid drag in housing (The Argus Leader)

WASHINGTON - Sales of existing homes dropped for a fifth consecutive month in July while the number of unsold homes shot up to a record level. Many analysts said the worst slump in housing in 16 years probably will deepen in coming months, reflecting turmoil in credit markets, which has caused lenders to tighten their standards. The National Association of Realtors reported Monday that sales of ...

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[Source: Yahoo! News Search Results for housing loan]

As U.S. housing market melts down, W.Va. bucks trend (Charleston Daily Mail)

CLARKSBURG -- While a downturn in the national housing market has led to a huge increase in the number of foreclosures, West Virginia has managed to keep out of the mess.

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[Source: Yahoo! News Search Results for housing loan]

Sensex soars 418 pts; banks, RIL lead recovery (Outlook India)

The stock market today rose for the second day in row with a 418-point rally in the benchmark BSE Sensex on robust gains in Reliance Industries and ICICI Bank as concerns over US housing loan crisis and domestic political uncertainty eased.

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[Source: Yahoo! News Search Results for housing loan]

$85 Million Construction Loan Advances Morrison Mixed-Use Condo in Miami (Business Wire via Yahoo! Finance)

MIAMI----The development partnership of Canyon-Johnson Urban Fund and mFm Construction has secured an $85 million construction loan with Citi Community Capital for Morrison, a 395-residence mixed-use development located just five blocks from Miami's financial district.

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[Source: Yahoo! News Search Results for housing loan]

(AFX UK Focus) 2007-08-27 13:09 GMT: China Construction Bank sees slower H2 loan growth, but FY still at double-digit (Interactive Investor)

HONG KONG (XFN-ASIA) - China Construction Bank Corp (CCB) said it expects slower loan growth in the second half of the year compared to the first six months, although full-year loan growth is still seen in double digits.

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[Source: Yahoo! News Search Results for housing loan]

STOCKS GAIN AS INVESTORS EYE US HOUSING DATA (The Tocqueville Connection)

PARIS, Aug 27, 2007 (AFP) - European markets were broadly higher Monday in cautious trading after more record highs in Asia, with investors eyeing the release of key US housing data expected in the day.

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[Source: Yahoo! News Search Results for housing loan]

As U.S. housing market melts down, W.Va. bucks trend (Charleston Daily Mail)

CLARKSBURG, W.Va. (AP) - While a downturn in the national housing market has led to a huge increase in the number of foreclosures, West Virginia has managed to keep out of the mess.

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[Source: Yahoo! News Search Results for housing loan]

Inside a mortgage lender's loan spree (International Herald Tribune)

Documents and interviews show that the entire operation at Countrywide Financial was intended to wring maximum profit out of the mortgage lending boom no matter what it cost borrowers.

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[Source: Yahoo! News Search Results for housing loan]

Veterans in housing battle (Herald Sun)

YOUNG war pensioners are being locked out of decent housing because of booming prices devaluing the real worth of subsidised home loans.

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[Source: Yahoo! News Search Results for housing loan]

Amid housing woes, sales agents heading for the doors (The Post and Courier)

Plummeting stock prices. Mortgage lenders filing for bankruptcy or shutting down. Layoffs at home builders and banks. Soaring foreclosures and loan defaults.

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[Source: Yahoo! News Search Results for housing loan]

Warning over 102 pc loan for key workers (The Observer)

KEY WORKERS are being offered a new mortgage that will cover 102 per cent of the cost of their chosen property - but a leading mortgage broker is warning first-time buyers to think carefully before buying without a deposit in the current housing market.

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[Source: Yahoo! News Search Results for housing loan]

Housing loan applications now available at NAIA for OFWs (Inquirer)

MANILA, Philippines -- For the benefit of migrant workers, Manila's airports are going POP.

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[Source: Yahoo! News Search Results for housing loan]

LIC Housing Finance LTD targets rs 7385 cr loan disbursal (Outlook India)

LIC Housing Finance Limited has targeted to disburse loans to the tune of Rs 7,385 crore during 2007-08 as against the previous year's business of Rs 5,800 crore, company Director and Chief Executive S K Mitter said today.

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[Source: Yahoo! News Search Results for housing loan]

Subprime mortgage loan crisis threatens to broaden (The Indianapolis Star)

The downturn of the subprime mortgage loan market has had a major impact on Wall Street, and it could affect you.

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[Source: Yahoo! News Search Results for housing loan]

Mortgage meltdown adds to housing woes (The Arizona Republic)

In an already lackluster Valley housing market, the mortgage-industry meltdown is not making things any easier for folks trying to sell their homes.

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[Source: Yahoo! News Search Results for housing loan]

City Ponders Buyout: Housing Authority pinched by delays (Palatka Daily News)

The delay in redeveloping Palatkas riverfront is costing the Palatka Housing Authority $11,000 per month and the agency wants the city to go ahead and buy the Frank George Apartment tower.

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[Source: Yahoo! News Search Results for housing loan]

Most Asian stocks fall amid lingering concerns over U.S. loan problem (The Star Online)

TOKYO (AP): Stocks fell in most Asian markets Friday as traders locked in profits before the weekend due to lingering concerns about U.S. housing loan problems.

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[Source: Yahoo! News Search Results for housing loan]

Federal Home Loan Bank of Atlanta to Award Nearly $2 Million for Affordable Housing in Maryland, Virginia, and the ... (PR Newswire via Yahoo! Finance)

Federal Home Loan Bank of Atlanta will award $1.6 million in grants to help fund housing for low-income renters and homebuyers in Maryland, Virginia, and the District of Columbia.

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[Source: Yahoo! News Search Results for housing loan]

Nigeria: Invest in Housing Sector, Modibbo Challenges Banks (AllAfrica.com)

MINISTER of the Federal Capital Territory Administration (FCTA), Dr. Aliyu Modibbo Umar said if the desired Federal Capital must be achieved, there was the urgent need for the banking industry of the economy to invest in the housing sector.

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[Source: Yahoo! News Search Results for housing loan]

Hungary: Housing-loan popularity declines (Budapest Business Journal)

That is one-third of the peak level back in 2004. A year before this figure was Ft 38.3 billion.

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[Source: Yahoo! News Search Results for housing loan]

D.C. groups get housing grants (bizjournals.com via Yahoo! Finance)

The Federal Home Loan Bank of Atlanta has awarded two grants totaling $356,000 to help organizations repair housing for low-income residents in D.C.

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[Source: Yahoo! News Search Results for housing loan]

Overmyer addresses $7M loan By GENNIE PHILLIPS/The Demopolis Times (The Demopolis Times)

LINDEN Hugh Overmyer, chief operating officer of Linden Lumber Company, said the proposed action to grant public funds to loan $7 million to the company and its affiliates in order to pay down current company debt is not about the Overmyers, it is about Marengo County and the employees who work at the mill.

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[Source: Yahoo! News Search Results for housing loan]

Fewer housing loans taken (The Budapest Sun)

The amount of new state-subsidized housing loans stood at Ft31.9bn ($167.4m) by the end of the first half of the year, Gazdasgi Rdi reported, quoting the Housing Loan Monitor survey by market research institute DEM. The figure is a third of the peak level back in 2004, and down on the H1 2006 of Ft38.3bn ($201m).

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[Source: Yahoo! News Search Results for housing loan]

Rising Jumbo Rates Deal Another Blow To Housing Market (Investor's Business Daily via Yahoo! News)

Rising interest rates on jumbo home loans are hitting wealthier borrowers and could take down the healthiest part of the sickly housing market, analysts said.

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[Source: Yahoo! News Search Results for housing loan]

Rising Jumbo Rates Deal Another Blow To Housing Market (Investor's Business Daily via Yahoo! Finance)

Rising interest rates on jumbo home loans are hitting wealthier borrowers and could take down the healthiest part of the sickly housing market,...

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[Source: Yahoo! News Search Results for housing loan]

Agency approves $7 million loan for McCarthy Manor upgrades (The Post-Standard)

The state Housing Finance Agency has approved a $7 million loan to help pay for improvements to McCarthy Manor Apartments, a 176-unit senior citizen apartment complex at 501 S. Crouse Ave., Syracuse.

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[Source: Yahoo! News Search Results for housing loan]

Housing forecast still grim (Denver Post)

Tighter credit markets could mean even tougher times are ahead for a metro Denver housing market already close to flunking, according to a housing report released Wednesday from the Genesis Group.

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[Source: Yahoo! News Search Results for housing loan]

Is the Normalization of Housing Prices a Realistic Expectation? (Seeking Alpha via Yahoo! Finance)

Markham Lee submits: Something thats often tossed around is the idea that housing prices will normalize within a couple of quarters, a year or two, etc. I find this concept of normalization funny, to say the least, as its basically stating that the housing prices we saw over the last couple of years were normal, [... ]

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[Source: Yahoo! News Search Results for housing loan]

Housing downturn stings U.S. financial institutions (The Star-Ledger)

WASHINGTON -- Surging mortgage defaults whacked U.S. banks and thrifts in the second quarter. Profits fell 3.4 percent, to $36.7 billion, and reserves to cover loan losses soared 75 percent from a year ago, regulators said yesterday.

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[Source: Yahoo! News Search Results for housing loan]

Affordable apartments to receive facelift with state loan (Mid-Hudson News)

Highland Falls A 51-unit affordable apartment complex in the Village of Highland Falls will be getting a major facelift now that the New York state Housing Finance Agency has approved a $4.2 million loan for Weyant Green Apartments.

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[Source: Yahoo! News Search Results for housing loan]

Emergency bank loan creates fears (BBC News)

Barclays and HSBC have exchanged words over an emergency overnight loan.

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[Source: Yahoo! News Search Results for housing loan]

City to apply as project sponsor for housing program (Middletown Journal)

City Council Tuesday approved an emergency ordinance to allow the city to apply to be designated as a project sponsor for a federal affordable housing program.

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[Source: Yahoo! News Search Results for housing loan]

Economic Breakfast Feasts On Job Growth, Starves On Housing Market (The Morning News)

Job growth is strong, housing is in the midst of a long recovery and credit markets will likely see more tension in the coming months, according to local economist, Kathy Deck.

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[Source: Yahoo! News Search Results for housing loan]

Mortgage lender First Magnus files Chapter 11 (Reuters via Yahoo! News)

First Magnus Financial Corp, one of the largest independent U.S. mortgage lenders, filed for Chapter 11 bankruptcy protection on Tuesday, the latest home loan provider to collapse as the housing market slumps and credit crisis widens.

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[Source: Yahoo! News Search Results for housing loan]

Mortgage defaults slamming the savings and loan industry (The Desert Sun)

Mortgage defaults are slamming the savings and loan industry, although federal regulators said Tuesday that thrifts should be able to weather the housing market downturn.

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[Source: Yahoo! News Search Results for housing loan]

Thrifts Hit by Housing Market Problems (AP via Yahoo! Finance)

Mortgage troubles slammed the savings and loan industry last quarter, a new report said Tuesday. Troubled assets -- loans that are 90 or more days past due -- jumped to $14.2 billion last quarter, up 50 percent from $9.5 billion in the same quarter last year, the Office of Thrift Supervision said.

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[Source: Yahoo! News Search Results for housing loan]

The Credit Crunch on Housing (The Motley Fool)

The credit crisis is likely to retard housing's recovery far longer than is expected.

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[Source: Yahoo! News Search Results for housing loan]

July foreclosures up 93 percent vs year ago: survey (Reuters via Yahoo! News)

Home foreclosures rose 9 percent in July from June and soared 93 percent from a year ago as states that once enjoyed a white-hot housing market are now seeing the greatest number of loan failures, a real estate survey reported on Tuesday.

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[Source: Yahoo! News Search Results for housing loan]

Omi, Kwon Agree Subprime Loan Issues Have Passed Their Peak (Bloomberg.com)

Aug. 21 (Bloomberg) -- Japan's Finance Minister Koji Omi and his South Korean counterpart Kwon Okyu have agreed that subprime loan issues have passed their peak.

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[Source: Yahoo! News Search Results for housing loan]

As housing flounders Realtors leave profession (MSNBC)

Plummeting stock prices. Mortgage lenders filing for bankruptcy or shutting down. Layoffs at homebuilders and banks. Soaring foreclosures and loan defaults.

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[Source: Yahoo! News Search Results for housing loan]

KC area housing-start permits drop 31.4 percent from year ago (The Kansas City Star)

The pace of new housing starts continued to slow in metropolitan Kansas City in July with 550 permits issued, 31.4 percent fewer than the same month a year ago.

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[Source: Yahoo! News Search Results for housing loan]

Thrifts hit by housing market problems (Sharewatch)

WASHINGTON (AP) - Mortgage defaults are slamming the savings and loan industry, although thrifts should be able to weather the housing market downturn, federal regulators said Tuesday.

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[Source: Yahoo! News Search Results for housing loan]

Housing project still on schedule (Sonoma Index-Tribune)

The 52-home Las Palmas housing project is still on track but final plan approval and related redevelopment money are expected to arrive too late to help with the cost of the Sonoma Charter School's new playground, which offers access to children with disabilities.

Read More...

[Source: Yahoo! News Search Results for housing loan]

List of loan recipients (The Lewiston Sun Journal)

NORWAY - The town currently has 16 loans in its housing and small business lending program, financed with community development block grants, according to Town Manager David Holt.

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[Source: Yahoo! News Search Results for housing loan]

El Dorado County Awarded $1.5 Million for Affordable Housing (Business Wire via Yahoo! Finance)

SACRAMENTO, Calif.----The California Housing Finance Agency's , Housing Enabled by Local Partnerships Program has awarded the County of El Dorado $1.5 million to assist with the financing of a revolving loan program for the development of affordable rental housing.

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[Source: Yahoo! News Search Results for housing loan]

STOCKWATCH DnB NOR shares fall on concerns about loan portfolio (Sharewatch)

OSLO (Thomson Financial) - Shares in Norwegian banking group DnB NOR fell, underperforming a weaker market, on concerns that some of its loan portfolio could spell future losses for the group of up to 600 mln nkr, according to dealers.

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[Source: Yahoo! News Search Results for housing loan]

Federal Home Loan Banks help lenders (Seattle Times)

The Federal Home Loan Bank (FHLB) system has increased low-cost lending to financial institutions in an effort to bolster credit stability...

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[Source: Yahoo! News Search Results for housing loan]

State awards $3M for low-income housing projects in region (BizJournals)

The city of Roseville Redevelopment Agency and El Dorado County each received $1.5 million from a state agency to help establish affordable housing for low-income residents.

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[Source: Yahoo! News Search Results for housing loan]

Demand up for low-down-payment loan insurance -PMI (Reuters via Yahoo! Asia News)

LOS ANGELES, Aug 20 (Reuters) - The PMI Group Inc , a provider of residential mortgage insurance, said on Monday it was seeing increased demand for insurance for loans with a loan-to-value above 95 percent.

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[Source: Yahoo! News Search Results for housing loan]

Mortgage lenders see fund influx (The Myrtle Beach Sun News)

The Federal Home Loan Bank system has increased low-cost lending to financial institutions in an effort to bolster credit stability. As the housing crisis worsens and the Federal Reserve has swooped into the market to ensure liquidity, the 12 regional banks are making more cash available to banks and thrifts that make mortgage loans. Created by Congress during the Depression, the self-funded home ...

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[Source: Yahoo! News Search Results for housing loan]

Nigeria: FHA to Partner FMBN, Others on Sustainable Housing Finance (AllAfrica.com)

Federal Housing Authority (FHA) is set to partner with the Federal Mortgage Bank of Nigeria (FMBN) and other relevant agencies with the aim of creating sustainable financing housing development in the country.

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[Source: Yahoo! News Search Results for housing loan]

Homebuyers still have lots of loan options (The Tennessean)

From the headlines, you might think that lenders will never make another mortgage loan again. Take a deep breath. It's not that bad.

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[Source: Yahoo! News Search Results for housing loan]

Dollar Higher Against Yen in Asia (AP via Yahoo! Finance)

The dollar rose against the yen Monday in Asia as regional stock markets recovered from last week's slide, though concerns remain over the U.S. housing loan crisis.

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[Source: Yahoo! News Search Results for housing loan]

Europe's housing market sheltered from US mortgage crisis (AFP via Yahoo! News)

After the boom years of soaring house prices, the European housing markets appear to have stabilised and are generally sheltered from the fallout of the US subprime mortgage crisis, analysts said.

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[Source: Yahoo! News Search Results for housing loan]

Japan Bank Puts $8B Into Money Markets (AP via Yahoo! Finance)

Japan's central bank injected 1 trillion yen into money markets Monday in a bid to curb rises in key interest rates, as global concerns persist over the U.S. housing loan crisis.

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[Source: Yahoo! News Search Results for housing loan]

Home loan hurdles growing (The Cincinnati Enquirer)

As more lenders collapse, the skittish survivors are raising their rates and changing the rules for getting a loan every few hours as they scramble to stay alive.

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[Source: Yahoo! News Search Results for housing loan]

Housing slump recalls past decline (Orange County Register)

A look at today's market and that of 1989-91 reveals interesting parallels. Orange County's housing market reached a curious benchmark last month: It's been 22 months since there were more homebuyers closing deals than a year ago, the longest such losing streak since 1989-1991.

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[Source: Yahoo! News Search Results for housing loan]

Federal Home Loan Bank of Atlanta Awards Nearly $5 Million for Affordable Housing in South Carolina (PR Newswire via Yahoo! Finance)

Federal Home Loan Bank of Atlanta will award $4.9 million in grants and subsidies to help South Carolina developers fund 15 affordable housing initiatives across the state as part of the Bank's 2007 Affordable Housing Program first round competition.

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[Source: Yahoo! News Search Results for housing loan]

Federal Home Loan Bank of Atlanta Awards $2.2 Million for Affordable Housing in North Carolina (PR Newswire via Yahoo! Finance)

Federal Home Loan Bank of Atlanta will award $2.2 million in grants and subsidies to help North Carolina developers fund 10 affordable housing initiatives across the state as part of the Bank's 2007 Affordable Housing Program first round competition.

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[Source: Yahoo! News Search Results for housing loan]

Loan by Loan, the Making of a Credit Squeeze (New York Times)

About 1.7 million households will lose their homes to foreclosure this year and next, according to estimates nearly double the number of the previous two years.

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[Source: Yahoo! News Search Results for housing loan]

Savings may fund homeless housing (Rocky Mountain News)

Denver officials say the large drop in the number of chronically homeless on the streets is saving the city enough money to fund new housing for those who remain homeless.

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[Source: Yahoo! News Search Results for housing loan]

Loan drought may deepen housing slide (The Springfield News-Leader)

San Francisco -- Mortgage broker Ed Smith Jr. has been arranging home loans for 24 years and it's never been tougher for him to close a deal than during the past few weeks of turmoil.

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[Source: Yahoo! News Search Results for housing loan]

Japanese Stocks Decline to 1-Year Low (Washington Post)

TOKYO -- Japanese stocks fell more than 5 percent Friday to a one-year low as the dollar's sharp drop against the yen fueled concerns about earnings outlooks in a market already hurt by the U.S. housing loan crisis.

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[Source: Yahoo! News Search Results for housing loan]

Foreign markets drop over U.S. loan fears (Atlanta Journal-Constitution)

Asian stocks fell to their lowest in months Thursday and European stocks followed in early trade battered by persistent jitters over U.S. housing loan problems and their possible damage to global financial markets. The benchmark Nikkei 225 index closed down nearly 2 percent on the Tokyo Stock Exchange after falling below the key 16,000-point mark the first time since November. South Korea's ...

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[Source: Yahoo! News Search Results for housing loan]

Asian, European stocks fall over U.S. loan fears (Houston Chronicle)

Global stock markets tumbled again today, battered by persistent worries about U.S. housing loan problems and potential damage to the global economy.

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[Source: Yahoo! News Search Results for housing loan]

World markets fall on U.S. loan fears (The World)

TOKYO - Asian stocks hit their lowest levels in months Thursday - and European stocks followed in early trade - battered by persistent anxiety over U.S. housing loan problems and potential damage to global financial markets.

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[Source: Yahoo! News Search Results for housing loan]

Asian and European stocks fall over fears of U.S. housing loan problems (MSN Money Canada)

TOKYO (AP) - Asian stocks fell to their lowest in months Thursday - and European stocks followed in early trade - battered by persistent jitters over U.S. housing loan problems and their possible damage to global financial markets.

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[Source: Yahoo! News Search Results for housing loan]

Japanese, S.Korean stocks fall sharply (AP via Yahoo! News)

Asian stocks fell sharply Friday morning on persistent concerns stemming from the U.S. housing loan crisis and its impact on the world economy.

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[Source: Yahoo! News Search Results for housing loan]

Rep. Farr, FHLBank San Francisco Host Roundtable Addressing Housing Needs of Working Families In Monterey County (PR Newswire via Yahoo! News)

As part of its mission to improve housing options for working families, the Federal Home Loan Bank of San Francisco (FHLBank San Francisco) today hosted a roundtable housing discussion with Rep. Sam Farr (D-CA) and announced $50,000 in grants that will help working families in Monterey County.

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[Source: Yahoo! News Search Results for housing loan]

World markets fall again on loan worries (AP via Yahoo! News)

Global stock markets tumbled again Thursday, battered by persistent worries about U.S. housing loan problems and potential damage to the global economy.

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[Source: Yahoo! News Search Results for housing loan]

Japan: Asian, European Stocks Fall Over U.S. Loan Fears, Possible Damage To Financial Markets (Sinchew)

TOKYO, JAPAN: Asian stocks fell to their lowest in months Thursday (August 16th) _ and European stocks followed in early trade _ battered by persistent jitters over U.S. housing loan problems and their possible damage to global financial markets.

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[Source: Yahoo! News Search Results for housing loan]

Asian, European Stocks Fall (AP via Yahoo! Finance)

Asian stocks fell to their lowest in months Thursday -- and European stocks followed in early trade -- battered by persistent jitters over U.S. housing loan problems and their possible damage to global financial markets.

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[Source: Yahoo! News Search Results for housing loan]

Philippine Shares Plunge 6.01 Percent (AP via Yahoo! Finance)

Philippine shares plunged Thursday following Wall Street's overnight losses on spreading U.S. housing loan problems. The 30-company Philippine Stock Exchange Index fell 188.03 points, or 6.01 percent, to 2942.31, the index's lowest finish since January and its second sharpest fall this year.

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[Source: Yahoo! News Search Results for housing loan]

Global markets tank on US loan fears (NDTV Profit)

Asian stocks fell to their lowest in months Thursday and European stocks followed in early trade battered by persistent jitters over US housing loan problems and their possible damage to global financial markets.

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[Source: Yahoo! News Search Results for housing loan]

Euro, Pound Lower Against U.S. Dollar (AP via Yahoo! Finance)

The euro and the British pound fell against the dollar on Thursday as jitters over U.S. housing loan problems raised questions over whether central banks in Europe would back off further interest rate increases.

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[Source: Yahoo! News Search Results for housing loan]

Markets this morning: Asian stocks' slide follows U.S. cue (USA Today)

Asian stocks fell to their lowest in months Thursday, battered by persistent jitters over U.S. housing loan problems and their possible damage to global financial markets.

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[Source: Yahoo! News Search Results for housing loan]

Asian Stocks Fall Amid U.S. Loan Fears (AP via Yahoo! Finance)

Asian stocks fell Thursday morning, battered by persistent jitters over U.S. housing loan problems and their possible damage to global financial markets.

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[Source: Yahoo! News Search Results for housing loan]

AIDS/HIV housing planned; Local group secures $1.2 million. (Columbia Daily Tribune)

A local organization that helps people with AIDS/HIV is preparing to break ground this fall on a new housing project for people living with the disease in Columbia.

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[Source: Yahoo! News Search Results for housing loan]

Housing Bubble and Real Estate Market Tracker (Seeking Alpha via Yahoo! Finance)

A roundup of articles and data about the housing market.

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[Source: Yahoo! News Search Results for housing loan]

DOLLARS FOR DONALD IN SOHO (The Slatin Report)

As the capital markets freeze up globally and housing markets tank nationally, one market appears to be holding firm at least for the moment. And one man appears to still have the name that can nail down a big-deal construction loan.

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[Source: Yahoo! News Search Results for housing loan]

Minorities worry more about housing slump: poll (Reuters via Yahoo! News)

African-Americans and Hispanics are far more worried than whites about declining U.S. house prices, and are three times more likely to say it is getting tougher to obtain a home loan, a Reuters/Zogby poll released on Wednesday shows.

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[Source: Yahoo! News Search Results for housing loan]

One Family's Journey Into a Subprime Trap (WallStreet Journal via Yahoo! Finance)

The Montes family bet that the housing boom would continue. Now, with their subprime loan rate set to jump, they face foreclosure on a house worth less than their mortgage balance.

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[Source: Yahoo! News Search Results for housing loan]

Wikwemikong signs housing pilot project (The Sudbury Star)

OTTAWA, Aug. 15 /CNW Telbec/ - Ontario's first trust agreement under Canada Mortgage and Housing Corporation's (CMHC) On-Reserve Homeownership Loan Insurance Pilot was signed Wednesday by the Wikwemikong Unceded Indian Reserve and CMHC, on behalf of the Government of Canada.

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[Source: Yahoo! News Search Results for housing loan]

Social Housing Investment Great For Bay (Scoop.co.nz)

Labour MP Rick Barker said today he was delighted the Labour-led Government and the Hastings District Council have teamed up to modernise the Councils 220 elderly housing units.

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[Source: Yahoo! News Search Results for housing loan]

Fix this housing crisis, MPs urge (Daily Telegraph)

GOVERNMENT backbenchers have urged John Howard to act on housing affordability, warning the issue is hurting voters. They back a new plan allowing family members to help with home loans.

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[Source: Yahoo! News Search Results for housing loan]

Housing Market Woes (CBS News)

Buyers, sellers and investors are all facing troubles in the current housing market. Stephanie AuWerter, Editor of SmartMoney.com, has some tips for weathering the storm.

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[Source: Yahoo! News Search Results for housing loan]

All signs point to housing glut (Orlando Sentinel)

Existing-home sales fall 42.6% from a year ago; median sales price drops, too. The Orlando area's sluggish housing market is showing no signs of a turnaround, with the latest numbers going from bad to worse during what should be the hottest sales stretch of the year.

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[Source: Yahoo! News Search Results for housing loan]

Smart Growth Resource Library: Green Connection Loan Fund (Smart Growth Online)

The Bay Area Local Initiative Support Corporation's (LISC's) Green Connection Loan Fund is designed to assist nonprofit housing organizations with financing affordable developments that integrate green building and energy efficiency into their projects.

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[Source: Yahoo! News Search Results for housing loan]

Delta Financial gets $60M loan (Newsday)

Delta Financial Corp., the troubled subprime lender, said Tuesday it has negotiated a $60 million loan from a hedge fund manager, a move its chief executive said will help the company to "weather the storm" of the crises in the mortgage industry.

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[Source: Yahoo! News Search Results for housing loan]

Changing housing (The Progress-Index)

FORT LEE With the end of the summer rapidly approaching, and some military families making their move onto post, the time to apply for on-post housing is near.

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[Source: Yahoo! News Search Results for housing loan]

Housing loan on tap (Vallejo Times-Herald)

Housing authorities will ask the City Council on Tuesday for a loan to begin construction on a 22-unit development that would help nearly a dozen low-income families buy a home, officials say.

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[Source: Yahoo! News Search Results for housing loan]

Dade housing agency seeks budget bailout (Miami Herald)

The Miami-Dade Housing Agency wants the County Commission to bail it out of a $2.7 million shortfall this year -- a hole that developed largely because previous managers projected income they should not have expected, according to new director Kris Warren.

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[Source: Yahoo! News Search Results for housing loan]

Loan Standards Tighten: Housing Doomed? (ABC News)

The Federal Reserve reports that banks are tightening lending practices.

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[Source: Yahoo! News Search Results for housing loan]

Stockton, Calif.: Housing market is 'still sliding' (USA Today)

For evidence of what is spooking Wall Street and wreaking havoc on the mortgage industry, one need only look at the housing market in Stockton, Calif., 40 miles south of Sacramento.

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[Source: Yahoo! News Search Results for housing loan]

Housing affordability at 25-year low: HIA (Australian Broadcasting Corporation)

New figures out today show housing affordability at its lowest level in nearly a quarter of a century.

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[Source: Yahoo! News Search Results for housing loan]

Housing heartache set to worsen (Perth Now)

HOME buyers are set to face even more hardship after housing affordability hit a new low, a survey shows.

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[Source: Yahoo! News Search Results for housing loan]

Fannie Maes request for bigger loan portfolio rejected (New Ratings)

NEW YORK, August 13 (newratings.com) The Office of Federal Housing Enterprise Oversight Friday said it would not let Fannie Mae ( FNM.NYS ) to raise its portfolio beyond the $727 billion limit.

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[Source: Yahoo! News Search Results for housing loan]

WA housing stress to intensify (Perth Now)

HOUSING stress in Western Australia will intensify because of unprecedented growth and higher interest rates, a housing industry group says.

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[Source: Yahoo! News Search Results for housing loan]

Housing affordability hits new record low (Sydney Morning Herald)

Housing affordability has hit a new record low as first-time home buyers increasingly feel mortgage stress, a survey shows.

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[Source: Yahoo! News Search Results for housing loan]

Australian Housing Affordability Index Falls In June Quarter (Nasdaq)

(RTTNews) - Australian housing affordability index dropped 2.7% in the June quarter, the Housing Industry Association - HIA said Monday. The index fell 6.5% from the previous year. The report said that the index hit another record low level in the June quarter.

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[Source: Yahoo! News Search Results for housing loan]

South Africa: Mbeki Impressed By Aliwal's Housing Scheme (AllAfrica.com)

President Thabo Mbeki is impressed by the independent culture of the Aliwal community to establish a unique housing scheme to build houses on their own.

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[Source: Yahoo! News Search Results for housing loan]

AIG Reassures Investors About Subprime Mortgage Loan Exposure (Insurance Journal)

Insurance giant American International Group last week told investors the housing market would have to spiral to Depression-era levels before it would be harmed by its exposure to the residential mort

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[Source: Yahoo! News Search Results for housing loan]

Housing affordability hits new low (Adelaide Now)

HOUSING affordability has hit a new record low as first-time home buyers increasingly feel mortgage stress, a survey shows.

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[Source: Yahoo! News Search Results for housing loan]

Housing stress to intensify in WA (AAP via Yahoo!Xtra News)

Housing stress in Western Australia will intensify because of unprecedented growth and higher interest rates, a housing industry group says.

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[Source: Yahoo! News Search Results for housing loan]

Housing stress to intensify (Adelaide Now)

HOUSING stress in Western Australia will intensify because of unprecedented growth and higher interest rates, a housing industry group said.

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[Source: Yahoo! News Search Results for housing loan]

New tribal loan policy irks Jharkhand opposition (Calcutta News)

Jharkhand's opposition has criticised a state government directive banning the mortgage of tribal land for taking housing and educational loans for tenures beyond five years.

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[Source: Yahoo! News Search Results for housing loan]

New tribal loan policy irks Jharkhand opposition (IANS via Yahoo! India News)

Ranchi, Aug 12 (IANS) Jharkhand's opposition has criticised a state government directive banning the mortgage of tribal land for taking housing and educational loans for tenures beyond five years.

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[Source: Yahoo! News Search Results for housing loan]

Housing woes afflict many (Los Angeles Times)

The sub-prime mortgage pain convulsing financial markets is nothing new to people who make their livings in real estate and the housing construction industry. For months, the deteriorating market has been taking money out of millions of workers' pockets.

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[Source: Yahoo! News Search Results for housing loan]

Home-loan giants barred from more debt (Houston Chronicle)

The government on Friday said it will not ease investment limits on home-loan finance giants Fannie Mae and Freddie Mac. The companies had argued that allowing them to take on more debt would help pump cash into the struggling mortgage market.

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[Source: Yahoo! News Search Results for housing loan]

Investment limits won't ease for home-loan giants (Houston Chronicle)

The government today said it will not ease investment limits on home-loan finance giants Fannie Mae and Freddie Mac. The companies had argued that allowing them to take on more debt would help pump cash into the struggling mortgage market.

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[Source: Yahoo! News Search Results for housing loan]

Parents risking family home (Daily Telegraph)

PARENTS are putting up the family home to help their children secure a housing loan only to then fight to keep their own properties as interest rates take their toll.

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[Source: Yahoo! News Search Results for housing loan]

Lack of titled lots hinder members to avail of Pag-IBIG loans (Sun Star)

ALTHOUGH funds are readily available for housing loan purposes, several borrowers from Baguio, Benguet and Mountain Province could hardly avail of this benefit.

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[Source: Yahoo! News Search Results for housing loan]

Federal Home Loan Bank of San Francisco's Board of Directors Appoints New Member to Affordable Housing Advisory Council (Business Wire via Yahoo! Finance)

SAN FRANCISCO----The Board of Directors of the Federal Home Loan Bank of San Francisco has appointed Cloyd Phillips to fill a vacant position on the Bank's Affordable Housing Advisory Council .

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[Source: Yahoo! News Search Results for housing loan]

US home loan crisis causes more global turbulence (AFP via Yahoo! News)

US home loan woes caused more turbulence on world markets Friday despite the tens of billions of dollars released by central banks to stop the problem turning into a global economic crisis.

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[Source: Yahoo! News Search Results for housing loan]

How US home-loan crisis sparks global turmoil but skirts RP (The Manila Times)

PARIS: US home loan woes caused more turmoil on world markets last week despite the tens of billions of dollars released by central banks to stop the problem turning into a global economic crisis.

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[Source: Yahoo! News Search Results for housing loan]

US home loan crisis sparks more global turmoil (AFP via Yahoo! News)

US home loan woes caused more turmoil on world markets Friday despite the tens of billions of dollars released by central banks to stop the problem turning into a global economic crisis.

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[Source: Yahoo! News Search Results for housing loan]

Housing, mortgage worries rock Wall St. with big plunge (Sun-Sentinel)

Wall Street posted its worst drop in nearly six months Thursday amid debate over how much the U.S. housing slump and problems with subprime mortgages will spill into the general economy and affect credit for companies and consumers.

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[Source: Yahoo! News Search Results for housing loan]

Markets in Asia and Europe Down Sharply (New York Times)

U.S. stocks are likely to decline further today after most major Asian and European markets plunged over widening fears about the housing loan market.

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[Source: Yahoo! News Search Results for housing loan]

Central bankers take action as the rout in global markets deepens (International Herald Tribune)

The U.S. Federal Reserve, the European Central Bank and central banks around Asia began adding more cash to money markets Friday to stave off a credit crunch, as widening fears over losses in the U.S. housing loan market prompted investors to sell assets and commercial banks to reel in credit lines. Most major European markets fell by between 2 percent and 3 percent Friday.

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[Source: Yahoo! News Search Results for housing loan]

Stocks suffer their worst loss since February / Home-loan turbulence causes new concerns over tightening of credit (San Francisco Chronicle)

Stocks sustained their biggest one-day decline since February on Thursday after the turmoil in the home-loan market caused renewed concerns about tightening credit worldwide. The decline began at the opening bell after a French bank, BNP Paribas, suspended...

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[Source: Yahoo! News Search Results for housing loan]

Zimbabwe: Govt Issues $80 Billion Worth of Housing Bills (AllAfrica.com)

Government, through the Public Servants Housing Development Company, has issued another batch of housing bills worth $80 billion meant to finance the development of houses for public servants.

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[Source: Yahoo! News Search Results for housing loan]

2ND LD: N.Y. stocks dive on housing loan worries, Dow off 380 points (Kyodo via Yahoo! Asia News)

_ (EDS: UPDATING WITH MARKET CLOSING)

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Federal Home Loan Banks considering merger (The Post-Standard)

The Federal Home Loan Banks of Dallas and Chicago said Wednesday they are considering merging operations. The banks are cooperatives owned by member financial institutions in their areas.

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[Source: Yahoo! News Search Results for housing loan]

U.S. stocks recover some ground after global sell-off (International Herald Tribune)

U.S. stocks rebounded in midday trading Friday, but the markets remained highly volatile as Wall Street contended with widening fears of losses in the U.S. housing loan market. Earlier Friday, stocks in Japan, Hong Kong and Australia dropped by more than 2.5 percent. The benchmark Kospi in South Korea fell 4.27 percent, the biggest decline since June 2004. Most major European indexes plunged by 3 ...

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[Source: Yahoo! News Search Results for housing loan]

Federal Home Loan Banks of Chicago, Dallas talk merger (Washington Post)

WASHINGTON (Reuters) - The Federal Home Loan Banks of Chicago and Dallas announced on Wednesday that they have begun preliminary talks about a possible merger as both banks face challenges turning a profit.

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[Source: Yahoo! News Search Results for housing loan]

Two Organizations Team Up to Expand Affordable Housing on Maine's Year-Round Islands (PR Newswire via Yahoo! News)

The Island Institute and the Genesis Community Loan Fund have announced the results of a new collaborative grant-making process: $110,000 in awards to six island-based affordable-housing nonprofits. Seven grants from two separate funding streams -- the Institute's Affordable Coast Fund and the Genesis-based Islands Challenge Fund -- ranged from $5,000 to $25,000 in support of efforts to assist ...

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[Source: Yahoo! News Search Results for housing loan]

Worries over U.S. housing market grow (Los Angeles Times)

Two key industry players signal that home sales are likely to weaken further this year because of the credit crunch. Anxiety over the housing slump kicked up a notch Wednesday, as two key industry players signaled that home sales would weaken further this year because the widening credit crunch is reducing the number of buyers who can qualify for a mortgage.

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[Source: Yahoo! News Search Results for housing loan]

Builder seeing 'different' housing slump (AP via Yahoo! News)

The housing market slump has Toll Brothers' chief executive perplexed.

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[Source: Yahoo! News Search Results for housing loan]

Federal Home Loan Bank of Atlanta Awards $3.6 Million for Affordable Housing in Georgia (PR Newswire via Yahoo! Finance)

Federal Home Loan Bank of Atlanta will award $3.6 million in grants to help developers in Georgia build, buy, or repair 724 single-family and multifamily housing units for lower-income residents in communities throughout the state.

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[Source: Yahoo! News Search Results for housing loan]

First Marblehead Won't Be Left Holding The Loan Bag (Seeking Alpha via Yahoo! Finance)

Zachary Scheidt submits: First Marblehead is a name that has been taken out with all the other stocks in any way associated with liquidity, debt, housing, or mortgages. But I think the selling in this name begets a good opportunity for traders as there are likely many misconceptions revolving around this company.

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[Source: Yahoo! News Search Results for housing loan]

Government May Raise Limits on Home-Loan Purchases (New York Times)

Hoping to increase liquidity in the mortgage market, the secretary of housing and urban development suggested that the government might raise the limit on purchase of home loans by Fannie Mae and Freddie Mac.

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[Source: Yahoo! News Search Results for housing loan]

Credit crunch hurts housing (In Business Las Vegas)

In a sign of a struggling housing market, Meritage Homes has shuttered its sales center at Inspirada after making no sales. The homebuilder has opted to go back to the drawing board and design homes that are more affordable and better fit the buyer's lifestyle.

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[Source: Yahoo! News Search Results for housing loan]

So Far, U.S. Housing Woes Only Singe Asia (BusinessWeek Online via Yahoo! Asia News)

Local lenders are less exposed to the U.S. housing bust and subprime woes, and Asian economies are robust. Still, analysts see rougher times ahead

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[Source: Yahoo! News Search Results for housing loan]

CORRECTED - Shinsei says $500 mln exposed to US housing loans (Reuters via Yahoo! Asia News)

TOKYO, Aug 8 (Reuters) - Japan's Shinsei Bank Ltd. said on Wednesday its exposure to the U.S. housing loan market was less than $500 million, with less than half of that invested in products that had some relation to the high-risk subprime market.

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[Source: Yahoo! News Search Results for housing loan]

Shinsei says $500 mln exposed to US housing loans (Reuters via Yahoo! Asia News)

TOKYO, Aug 8 (Reuters) - Japan's Shinsei Bank Ltd. said on Wednesday its exposure to the U.S. housing loan market was less than $500 million, with slightly more than half of that invested in products that had some relation to the high-risk subprime market.

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[Source: Yahoo! News Search Results for housing loan]