Eurozone leaders: Greece plan to stabilize euro
Thursday, March 17th, 2011European leaders on Friday said their hard-won deal to rescue debt-ridden Greece after months of bitter wrangling will help calm jittery markets and stabilize the euro. But market reaction was cautious and experts warned the crisis had already dented the eurozone’s credibility.
Mortgage Rates Rise Above 5 Percent
Thursday, March 17th, 2011Rates on 30-year fixed mortgages rise above 5 percent this week
UK housing market then and now
Thursday, March 17th, 2011In April, the year-on-year increase in house prices returned to double figures for the first time since June 2007, the Nationwide Building Society has said.
Bank probes expanding with new investigation
Wednesday, March 16th, 2011U.S. authorities are expanding their probes of past mortgage securities deals, with New York’s attorney general opening an investigation into whether eight banks misled rating agencies, a source familiar with the matter said.
Prosecutors comb through Wall Street’s mortgage deals
Wednesday, March 16th, 2011Wall Street’s biggest banks are facing a new legal onslaught, as regulators and state and federal prosecutors pore over their activities in the mortgage market in the run-up to the credit crisis.
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