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European stocks slip on oil worries - News.com.au - MSN Newsfeeds

EUROPEAN stock markets closed sharply lower overnight, hit by weak US housing data and persistent concerns over the inflation risk of soaring oil prices, dealers said. They said sentiment had improved Thursday as oil came off record highs above ...    [click for more]

Mass. banks tops in Fannie Mae, Freddie Mac stock - BostonHerald.com - News Articles

By Jerry Kronenberg The collapse of mortgage giants Fannie Mae and Freddie Mac could soon hit home for Bay State banks. The American Bankers Association said yesterday that more Massachusetts lenders hold Fannie Mae and Freddie Mac preferred stock than financial institutions in any ...   [click for more]

Home buyers 'lured' into mortgage stress - News.com.au - MSN Newsfeeds

Banks reportedly ignored sub-prime crisis in US Relaxed lending standards "to build market position" Large loans to low-income buyers AUSTRALIA'S big banks ignored the sub-prime crisis in the US and actively took greater risks in the home mortgage ...    [click for more]