United Kingdom
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Wednesday, 3 December 2008
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| View All Articles About 'Mortgage' |
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| 61. |
HSBC to shutter U.S. subprime unit
HSBC Holdings, Europe's biggest bank, said on Friday that it would close its U.S. subprime mortgage unit, cutting 750 jobs and taking an $880 million (436 million pound) writedown, because the business is no longer sustainable.
21 Sep 2007 |
| 62. |
Bush to outline subprime mortgage initiative
U.S. President George W. Bush will propose reforms on Friday intended to help homeowners with subprime mortgages avoid default, his first public step to address a crisis that has created turmoil in financial markets around the world.
31 Aug 2007 |
| 63. |
Mortgage approvals dip
The number of mortgages approved for home purchase fell slightly on the year in July, the British Bankers' Association says, in a sign the housing market may be coming off the boil.
28 Aug 2007 |
| 64. |
Asia's central banks move to calm nervous markets
Asia's central banks took further steps on Monday to calm markets roiled by fears over a credit squeeze, with the Bank of Japan injecting $5.1 billion (2.5 billion pounds) into the banking system and others pledging to follow suit if needed.
13 Aug 2007 |
| 65. |
U.S. mortgage mess creates bargains
The near collapse of subprime loans has sent aftershocks into the broader mortgage market, pressuring some companies to quit or curtail their lending.
08 Aug 2007 |
| 66. |
UK subprime mortgage market set to grow
Britain's subprime mortgage market is set to grow as an increasing number of borrowers struggle with making payments in the mainstream credit market, a report said on Wednesday.
11 Jul 2007 |
| 67. |
Bear Stearns bails out hedge fund
Bear Stearns on Friday said it would provide up to $3.2 billion (1.6 billion pounds) in financing for a struggling hedge fund it manages, raising concern about other funds that invested in bonds linked to subprime mortgages.
23 Jun 2007 |
| 69. |
Asian shares slump on U.S. mortgages
Asian shares slumped on Wednesday, tracking heavy losses on Wall Street amid fears a crisis in U.S. mortgage lending is spreading to the wider economy.
14 Mar 2007 |
| 70. |
Mortgage approvals up but lending slows
Mortgage lending rose in January by its weakest amount in four months but approvals for new home loans rose, suggesting the housing market is not suffering unduly after three interest rate increases since August.
01 Mar 2007 |
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