Archive for September, 2008

More from the bull that brought us to the brink? - The Age

Tuesday, September 30th, 2008
More from the bull that brought us to the brink?
The Age, Australia - 5 hours ago
First, housing can be made more affordable for poor and middle-income Americans by converting the mortgage deduction into a cashable tax credit.

Riksgälden; Plan For Extra Auctions And Repos In Mortgage Bonds - ABN Newswire (press release)

Tuesday, September 30th, 2008
Riksgälden; Plan For Extra Auctions And Repos In Mortgage Bonds
ABN Newswire (press release), Australia - 42 minutes ago
The money from the additional auctions has been invested in reverse repos in covered mortgage bonds, with maturities of up to three months.

Market meltdown: where to now? - NEWS.com.au

Tuesday, September 30th, 2008

NEWS.com.au
Market meltdown: where to now?
NEWS.com.au, Australia - 39 minutes ago
On top of that the Treasurer has warned that mortgage rates look less likely to fall. Westpac senior economist Andrew Hanlan said while it's been "a

What you should do now - NEWS.com.au

Tuesday, September 30th, 2008

NEWS.com.au
What you should do now
NEWS.com.au, Australia - 37 minutes ago
On top of that the Treasurer has warned that mortgage rates look less likely to fall. SuperRatings' managing director Jeff Bresnahan said today's slump has

Bloodbath after bailout blocked - NEWS.com.au

Tuesday, September 30th, 2008
Bloodbath after bailout blocked
NEWS.com.au, Australia - 43 minutes ago
Many US banks hold bonds, which are backed by mortgages – many of these mortgages are in default, making the bonds worthless . Under the bailout plan $US700