Dec 2008
Fannie Mae to stop evictions of tenants
16/12/08 21:18 Filed in: Real Estate
Fannie Mae is
finalizing a national policy that will allow tenants
to remain in their homes even if their landlord goes
into foreclosure -- a landmark decision for
tenants. Read
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UK Treasury - Interbank lending problems until 2013
“The [UK]
Treasury quietly conceded yesterday that the crisis
undermining banks' ability to borrow from each other
and from financial institutions could last for five
years.
In fact, it's likely that banks' ability to borrow on wholesale markets will never recover to the boom conditions that characterised the few years before the summer of 2007.” Read More...
In fact, it's likely that banks' ability to borrow on wholesale markets will never recover to the boom conditions that characterised the few years before the summer of 2007.” Read More...
Mortgage interest relief for UK homeowners in default
A new UK
government program to help borrowers who cannot keep
up with their mortgage payment because of job loss or
other temporary problems. For up to two years the
government will pay or guarantee the interest element
of the monthly payment. Read
More...
