Australian treasurer says considerable risks to global economy from US loan crisis (AP via Yahoo! Singapore News)

Australian Treasurer Peter Costello reiterated Tuesday there are significant risks to the global economy amid further signs of fallout from defaults in the U.S. housing loan market.

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

(AFX UK Focus) 2007-11-20 08:00 GMT: Bradford & Bingley sells 2.2 bln stg housing association loan book to Dexia (Interactive Investor)

LONDON (Thomson Financial) - Bradford & Bingley PLC agreed to sell its housing association loan book, comprising 2.2 bln stg of assets, to Belgo-French financial services group Dexia.

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

Wall St down on housing fears (Adelaide Now)

WALL Street tumbled overnight, sending the Dow to its lowest close since April, on concerns the trouble housing market could get worse and further harm the world's biggest economy.

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

Bradford & Bingley sells loan book to Dexia (Reuters via Yahoo! UK & Ireland News)

Mortgage lender Bradford & Bingley said on Tuesday it had sold its Housing Association loan book to Belgium's Dexia following a review of the assets.

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

Savings and Loan Profits Plummet in 3Q (AP via Yahoo! Finance)

Federally regulated savings and loans set aside millions of dollars for anticipated loan losses in the third quarter as they felt the brunt of the housing market's downturn.

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

Paulson says loan crisis may worsen in 2008, urges banks to act (AFP via Yahoo! News)

US Treasury Secretary Henry Paulson said mortgage defaults will worsen in 2008 and that lenders should act "aggressively" to offer new loan terms to avert an economic calamity.

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

Bradford & Bingley sells loan book to Dexia (Reuters via Yahoo! UK & Ireland News)

Mortgage lender Bradford & Bingley said on Tuesday it had sold its Housing Association loan book to Dexia following a review of the growth potential and capital utilisation of these assets.

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

CPC Provides $14.3M Construction Loan for Brooklyn Condos (Multi-Housing News)

New YorkThe Community Preservation Corporation (CPC), a New York-based mortgage lender for affordable housing, has announced that it has provided a $14.3-million construction loan for the development of a new eight-story condominium building in the Midwood section of Brooklyn.

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

Loan Crisis Entangles Freddie Mac (New York Times)

Losses at the big mortgage finance company on Tuesday underscored the continuing turmoil in the housing industry.

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

Mortgage insurers feeling housing slump (Denver Post)

As the housing market crumbles, homeowners are worried about mortgage payments and sellers are worried about slumping prices - but the companies that insure their loans are worrying about their very survival in the face of billions of dollars in claims.

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

Housing woes hurt credit cards (Daily Press)

Capital One Financial Corp. on Friday reported an increase in loan charge-offs and delinquencies in October, a sign the credit card giant is feeling the effects of the housing slump. Capital One said the rate of net charge-offs was 3.28 percent last month, on a managed basis. That's up from an average 2.86 percent rate during the third quarter. For the McLean, Va.-based company's National ...

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

Foreign cash could boost housing market (AP via Yahoo! News)

The weakening dollar has caused many problems for consumers, but it may also be providing the fuel for one unintended and very welcome benefit: a rally in the struggling housing market driven by foreign investors.

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

Weak dollar might lift housing market (Akron Beacon Journal)

NEW YORK: The weakening dollar has caused many problems for consumers, but it might also be providing the fuel for one unintended and very welcome benefit: a rally in the struggling housing market driven by foreign investors.

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

Capital One showing signs of being hit by the housing slump (Market Watch)

SAN FRANCISCO (MarketWatch) -- Capital One Financial Corp. reported Friday an increase in loan charge-offs and delinquencies in October in a sign that the credit-card giant is feeling the effects of the housing slump.

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

Housing Slump Triggers Bankruptcy Surge (The Morning News)

A troubled housing market continues to see bankruptcies one year after Betty's Homes Inc. filed bankruptcy.

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

Capital One Hit by Housing Slump (AP via Yahoo! Finance)

Capital One Financial Corp. on Friday reported an increase in loan charge-offs and delinquencies in October, a sign the credit card giant is feeling the effects of the housing slump.

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

Soft housing market blamed in project delays around new Lauderhill park (Sun-Sentinel)

Soft housing market blamed in Lauderhill project delays Nigel Alfred's three-story townhouse isn't supposed to overlook Central Broward Regional Park.

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

Amid housing meltdown, worries with loan insurers (Minneapolis-St. Paul Star Tribune)

MILWAUKEE - As the housing market crumbles, homeowners are worried about mortgage payments and sellers are worried about slumping prices -- but the companies that insure loans are worrying about their very survival in the face of billions of dollars in claims. Insurers such as industry leader MGIC Investment Corp. are predicting that they won't turn a profit for at least a year. The uncertainty ...

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

Stocks fall on housing, credit worries (AP via Yahoo! News)

Wall Street pulled back in erratic trading Monday as investors grew more concerned about a deteriorating housing market and the widening impact of soured debt after Citigroup Inc. warned it plans to book $8 billion to $11 billion in additional losses.

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

Stocks fall on credit, housing concerns (AP via Yahoo! News)

Wall Street pulled back Monday as investors grew more concerned about a deteriorating housing market and the widening impact of soured debt after Citigroup Inc. warned it plans to book $8 billion to $11 billion in additional losses. The Dow Jones industrials were down more than 100 points.

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

Stocks Fall on Housing, Credit Worries (The San Francisco Examiner)

NEW YORK ( Map , News ) - Wall Street pulled back in erratic trading Monday as investors grew more concerned about a deteriorating housing market and the widening impact of soured debt after Citigroup Inc. (

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

After Erratic Trading, Stocks End Down On Concerns Over Housing and Debt (Washington Post)

NEW YORK, Nov. 5 -- Wall Street pulled back in erratic trading Monday as investors grew more concerned about a deteriorating housing market and the widening impact of soured debt. Citigroup said it planned to book $8 billion to $11 billion more in losses.

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

The October 2007 Senior Loan Officer Opinion Survey on Bank Lending Practices (Federal Reserve Board)

The October 2007 Senior Loan Officer Opinion Survey on Bank Lending Practices addressed changes in the supply of, and demand for, bank loans to businesses and households over the past three months.

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

Australia's Home-Loan Growth May Have Stalled on Rate Increase (Bloomberg.com)

Nov. 6 (Bloomberg) -- Australia's home-loan approvals probably barely increased in September as the highest interest rates in 11 years discouraged borrowing.

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

Housing-market woes may be long-term (Deseret Morning News)

KB Home CEO Jeffrey Mezger said the U.S. housing market will only recover when consumer confidence is restored.

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

Stocks Fall on Credit, Housing Concerns (AP via Yahoo! Finance)

Wall Street pulled back Monday as investors grew more concerned about a deteriorating housing market and the widening impact of soured debt after Citigroup Inc. warned it plans to book $8 billion to $11 billion in additional losses.

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

Darkom recognized by the Central Bank of Jordan as the first and only qualified housing loan insurer in Jordan (AME Info)

Darkom, Jordan's first housing loan insurance company, announced that it has received acknowledgement from the Central Bank of Jordan (CBJ) as the first and only qualified housing loan insurer in Jordan.

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

Wells Fargo lays off loan-processing workers in Billings (KPAX Missoula)

Associated Press - November 3, 2007 8:54 PM ET BILLINGS, Mont. (AP) - Several dozen employees at the Wells Fargo loan processing center in Billings have been laid off.

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

Darkom gets recognition (AME Info)

Darkom has been officially recognised by the Central Bank of Jordan as the first and only qualified housing loan insurer in Jordan.

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

State finances $18 million in affordable housing (Mid-Hudson News)

New York The board of the New York State Housing Finance Agency has approved $18 million in financing to build and preserve 179 affordable housing units in the Hudson Valley.

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

Funding cleared to reclaim family housing apartments (Pittsburgh Post-Gazette)

Butler County commissioners have closed a funding gap for a $4.5 million project that "will transform one of Butler's worst neighborhoods into one of its best," according to Perry O'Malley, ...

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

Credit union a casualty of housing crisis / Real estate loan defaults force conservatorship on Cal State 9 while it ... (San Francisco Chronicle)

The weight of defaults on real estate loans has forced the Bay Area-based Cal State 9 Credit Union into federal conservatorship. The state Department of Financial Institutions announced late Friday that it was putting the National Credit Union Administration -...

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

Wells Fargo lays off loan-processing workers (Billings Gazette)

Employees were laid off at Wells Fargo's Billings loan-processing center Thursday. Lori Sinsley, a Wells Fargo corporate spokeswoman, confirmed the layoffs Friday morning but would not specify how many people lost their jobs. She suggested it was fewe ...

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

DAILY EXPRESS NEWS (Sabah Daily Express--Independent National Newspaper of East Malaysia)

Kota Kinabalu : The State Government will be launching the RM10 million loan scheme for low cost housing buyers soon to assist those who could not secure loans from banks.

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

New York Sues Appraiser In Mortgage Loan Probe (Washington Post)

New York's attorney general sued one of the country's largest mortgage appraisers yesterday for inflating house values, saying it would be the first in a series of cases to attack what he said were pervasive conflicts of interest that contributed to the housing crisis.

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

Wells Fargo lays off staff at Billings loan center (Billings Gazette)

Employees were laid off at Wells Fargo's Billings loan processing center Thursday and today.

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

Darkom Recognized by the Central Bank of Jordan as the first and Only Qualified Housing Loan Insurer in Jordan (Zawya)

03 November 2007 Amman - Darkom, Jordan's first housing loan insurance company, announced that it has received acknowledgement from the Central Bank of Jordan (CBJ) as the first and only qualified housing loan insurer in Jordan.

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

Wells Fargo lays off loan-processing workers (Billings Gazette)

Employees were laid off at Wells Fargo's Billings loan-processing center Thursday.

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

Loan rates to remain stable, say bankers (Press Trust of India)

New Delhi Nov 1 (PTI) Housing, auto and personal loan seekers can relax as major bankers have said that interest rates are not likely to go up following the Reserve Bank of India's (RBI) decision to suck out more funds from the banks which normally makes borrowings costlier.

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

02-11-2007: Sunrise contributes another RM1m to Utar-Sunrise Student Loan Fund (The Edge Daily)

KUALA LUMPUR: Sunrise Bhd executive chairman Tong Kooi Ong emphasised that education was the best way to break out of the vicious cycle of poverty and reaffirmed the companys commitment to education with a RM1 million contribution to the Utar-Sunrise Student Loan Fund.

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

Loan rates to remain stable, say bankers (PTI via Yahoo! India News)

New Delhi Nov 1 (PTI) Housing, auto and personal loan seekers can relax as major bankers have said that interest rates are not likely to go up following the Reserve Bank of India's (RBI) decision

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

RM50 mln fund as security for housing loans (The Borneo Post)

BANGI: Datuk Seri Najib Tun Razak said the RM50 million initial revolving fund provided by the government as security for housing loans for those without fixed income would resolve their problem on owning a house.

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

Home, auto loan rates to remain stable (rediff.com)

Housing, auto and personal loan seekers can relax as major bankers have said that interest rates are not likely to go up following the Reserve Bank of India's (RBI) decision to suck out more funds from the banks which normally makes borrowings costlier. Moreover, on deposit front, some bankers have said they are likely to maintain the current rates.

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

New York Sues Appraiser In Mortgage Loan Probe (Washington Post)

New York's attorney general sued one of the country's largest mortgage appraisers yesterday for inflating house values, saying it would be the first in a series of cases to attack what he said were pervasive conflicts of interest that contributed to the housing crisis.

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

European Housing Market Will Stumble, Won't Crash: Mark Gilbert (Bloomberg.com)

Nov. 1 (Bloomberg) -- As the U.S. real-estate crash worsens, thoughts in Europe are turning to how bad the housing markets might get in Spain, Ireland and the U.K., where booms are also deflating fast.

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

New Milford housing project gets $1 million loan from state (Republican-American)

NEW MILFORD -- Gov. M. Jodi Rell on Thursday announced the state will make a $1.1 million loan from the Housing Trust Fund for an affordable housing development in town.

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

New San Jose Affordable Housing Opens Thursday (NBC 11 Bay Area)

San Jose City Councilwoman Madison Nguyen will open a new affordable housing project with room for more than 225 low-income families Thursday.

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

Fed rate cut to have only limited impact on housing (The Arizona Republic)

Fed rate cut sought by Wall Street would have only limited impact on housing, banking sectors

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

Rate Cut Unlikely to Fix Housing Woes (Washington Post)

WASHINGTON -- The interest rate cut Wall Street believes will buffer the economy from housing market woes is unlikely to boost hard-hit banks and homebuilders much in the near term, analysts say.

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

U.K. Housing Market Teeters on Edge of Northern Rock (Update1) (Bloomberg.com)

Oct. 31 (Bloomberg) -- Nick Collins, an independent London real estate broker who's had record profits every year since 2003, took a hit in September -- and that may be bad news for a U.K. economy built on a housing bubble.

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

An early dip into your 401(k) (CNN Money)

You're in a crunch and need money now. But with the housing market in a slump, you no longer qualify for a home equity loan. What about tapping your 401(k)?

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

An agent for change: Supervisors agree to act as fiscal agent for money to help start senior housing (Muscatine Journal)

WAPELLO, Iowa The Louisa County Board of Supervisors agreed Tuesday to be the applicant for money to help jump start a senior housing program.

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

Rate Cut Unlikely to Fix Housing Woes (Washington Post)

WASHINGTON -- The interest rate cut that Wall Street believes will buffer the economy from housing market woes is unlikely to give much of a boost to suffering banks and homebuilders in the near term, analysts say.

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