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British mortgage approvals sink - Baltimore Sun - MSN Newsfeeds

The number of approved home mortgages in Britain hit a new low for the second consecutive month, the Bank of England said yesterday, in another sign that housing has begun to weigh on the economy. The central bank said the April total of 58,000 ...    [click for more]

Options expert calls Fannie, Freddie shares 'worthless' - MarketWatch - News Articles

By John Spence BOSTON (MarketWatch) -- Market analyst Jon Najarian at options research firm OptionMonster Inc. in a research note Friday morning said that, although he believes government-sponsored mortgage giants Fannie Mae ( FNM : FNM ...   [click for more]

Meltdown 101: Bankruptcy won't help borrowers much - Kansas City Star - MSN Newsfeeds

For most people, trying to negotiate changes in their loan with help from a housing counselor or lawyer is a far better option. While bankruptcy judges can reduce or eliminate certain kinds of debt, they aren't allowed to alter the total amount owed ...    [click for more]