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The mortgage market was the lit match, but a vulnerable financial system was the kindling for the crisis.
The mortgage market was the lit match, but a vulnerable financial system was the kindling for the crisis.

Mortgage rationing 'to get worse'

Posted by mortgage 139 days ago (Editorial)
Home buyers are likely to find it even harder to obtain a mortgage in the coming months, the Bank of England has revealed.
China?s home prices posted their worst performance this year with more than half of the 70 biggest cities monitored in November recording declines after the government reiterated plans to maintain property curbs.

Mortgage arrears worse on coast

Posted by mortgage 356 days ago (Editorial)
THE rise in the number of home owners falling behind in mortgage repayments is concerning, a major Australian bank executive says.
WASHINGTON ? Call it son of subprime. Experts warn that a new wave of mortgage foreclosures may be coming soon and could rival the default rates for subprime mortgages and slow efforts to find bottom in a prolonged national housing slump.
http://www.JewishWorldReview.com | (MCT) Call it son of subprime. Experts warn that a new wave of mortgage foreclosures may be coming soon and could rival the default rates for subprime mortgages and slow efforts to find bottom in a prolonged national housing slump.
WASHINGTON ? Call it son of subprime. Experts warn that a new wave of mortgage foreclosures may be coming soon and could rival the default rates for subprime mortgages and slow efforts to find bottom in a prolonged national housing slump.

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