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In the beginning there was only a financial crisis. When the US subprime mortgage market blew up in August 2007 few economists worried too much about the wider impact.
EDWARDSVILLE - The Glen-Ed Pantry had something to celebrate this month - the fact that it finally has a permanent home in Edwardsville. It has taken several years to do so, but the mortgage on the building at 125 Fifth Ave. finally is paid off.
Mortgage lending fell back by 2% during May despite ongoing signs that activity in the housing market is beginning to recover. Related Stories Ryanair workers face jobs axe BA pilots get shares and a pay cut Bombardier wins new deal for eight aircraft Go south for work partners, Ulster firms told Four house-hunters chasing every property

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