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As US banks retreat, credit unions step up loans - Economic Times
On November 5, the US Mortgage Bankers Association said its seasonally adjusted mortgage applications index fell in the week ending October 31 to its lowest level since December, 2000. Analysts have said that with the jobless rate at a 14-year high ...

UPDATE 1-Economy, TARP conspire against commercial mortgages - Reuters
NEW YORK, Nov 19 (Reuters) - Bonds backed by commercial real estate loans cratered for a second day on Wednesday on fears the fast-weakening U.S. economy could lead to a wave of defaults on loans on properties such as office buildings, retail stores ...

Fannie, Freddie Suspend Foreclosures Through Jan. 9 (Update2) - Bloomberg
Nov. 20 (Bloomberg) -- Fannie Mae and Freddie Mac , the mortgage-finance companies seized by the U.S. government, will suspend foreclosures and evictions over the holidays. The six-week halt will begin Nov. 26, a day before the U.S. Thanksgiving ...

UPDATE 2-Commercial mortgages seen at risk as economy weakens - FXStreet.com
NEW YORK, Nov 19 (Reuters) - Bonds and stocks with exposure to commercial real estate cratered on Wednesday on fears the fast-weakening U.S. economy could lead to a wave of defaults on loans for office buildings, retail stores and hotels. Commercial ...

TREASURIES-US yields at 50-year lows on stock rout, economy woe - Reuters
NEW YORK, Nov 20 (Reuters) - U.S. Treasury debt prices raced higher on Thursday, sending benchmark 10-year yields down to a five-decade low, as recession fears pummeled stock markets and intensified a rush to the safety of bonds and cash. The fall of ...

Rentals find lots of room in housing slump - Kansas City Business Journal
Kandy Meehan’s home rental business is busier than ever. “Now I tell people: ‘The good news is we’re really busy. The bad news is we’re really busy,’” she says. One portion of the local residential real estate market is booming during ...

US yields at 50-year lows on stock rout, economy woe - Guardian Unlimited
NEW YORK, Nov 20 (Reuters) - U.S. Treasury debt prices raced higher on Thursday, sending benchmark 10-year yields down to a five-decade low, as recession fears pummeled stock markets and intensified a rush to the safety of bonds and cash. The fall of ...

Yields at 50-year lows on stock rout, economy woe - Guardian Unlimited
NEW YORK, Nov 20 (Reuters) - U.S. Treasury debt prices raced higher on Thursday, driving government debt yields down to historic lows, as recession fears pummeled stock markets and powered a frantic rush to the safety of bonds and cash. The gains in ...

Number of bankrupt Ohioans is growing and they're owing more - Cleveland Plain Dealer Blog
They owe almost twice as much as in past generations, and their ranks have expanded to include more senior citizens. "It could be anybody, from any walk of life," said Robert Keach, American Bankruptcy Institute president-elect. "Generally speaking ...

November 2008 - Weblogs.baltimoresun.com
Whenever chaos rules the economy and financial markets, I try to find financiers who have fended off the storm and resisted the temptations that brought down their competitors. It's always a bit of a risk. The company that appears strong today may be ...