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Despite advance warnings of financial crisis, Bush 0133 - 5 hours ago - WASHINGTON - The Bush administration backed off proposed crackdowns on no-money-down, interest-only mortgages years before the economy collapsed, buckling to pressure from some of the same banks that have now failed. It ignored remarkably 0133 : New York Daily News

Mortgage approvals back at record low - 5 hours ago - The number of mortgages approved for house purchases fell back to a record low in October, despite a fall in interest rates at the start of the month, figures showed today. Lenders approved 32,000 home loans for buyers during the month, the 0133 : Guardian Unlimited

Falling house prices helping some Whatcom County residents buy 0133 - 3 hours ago - As a global economic storm dominates financial headlines, some Whatcom County residents are still finding affordable ways to borrow money and buy homes as prices moderate. People who were priced out of the market six months to a year ago 0133 : Bellingham Herald

U.S. Rethinking Roles of Fannie, Freddie - 6 hours ago - NEW YORK Dow Jones America's 11 trillion home-mortgage market is heading for a makeover. Mortgage lending in the U.S. relies heavily on institutions set up in the 1930s by politicians and government officials seeking remedies for the 0133 : Smart Money

Mortgage lending sinks as banks continue to hoard cash - 5 hours ago - The official figures from the Bank of England suggest that despite banks being under intense political pressure to start lending to consumers, they approved just 32,000 home loans in October, down from 33,000 in September. This matched 0133 : Daily Telegraph

Repossession promise by RBS is 'PR stunt' say mortgage experts - 1 hour ago - RBS, which became part-nationalised last week, has announced that it will not start repossession proceedings against any of their customers unless they are at least six months in arrears. While experts have said this will give struggling 0133 : Daily Telegraph

Mortgage approvals still falling - 5 hours ago - Bank of England figures show that just 32,000 mortgages were approved, 1,000 fewer than in the previous month. The number of mortgages approved, but not yet lent, is a good indicator of medium-term trends in lending. The UK housing market 0133 : BBC News

Real estate How long before burst? - 1 hour ago - Can the overheated real estate sector sustain its current momentum? That is the question Kenyan experts are asking in the light of a global economic slow down and subsequent decline in Diaspora remittances a key stream of funds for the 0133 : East African Standard