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Regulator: China’s banks stable amid crisis (AP via Yahoo! Finance)

The Mortgage Crisis Blog — Thu, 26 Feb 2009 10:27:59 +0000

The impact of the global financial crisis on China’s banks is limited and the government is taking steps to prevent a rise in bad loans, the industry’s chief regulator said Thursday.

Obama launches economic whirlwind (AP via Yahoo! News)

The Mortgage Crisis Blog — Sun, 15 Feb 2009 14:10:40 +0000

President Barack Obama launches an economic whirlwind this week, signing the newly passed $787 billion economic stimulus package in Colorado, before moving to Arizona to tackle the home mortgage foreclosure crisis.

G7 strives to pair crisis response and free trade (Reuters via Yahoo! News)

The Mortgage Crisis Blog — Sat, 14 Feb 2009 19:41:44 +0000

The G7 industrial powers, fearing a 1930s-style resurgence of protectionism, ended crisis talks in Rome on Saturday with a pledge to do all they could to combat recession without distorting free trade.

How Banks Are Worsening the Foreclosure Crisis (BusinessWeek Online via Yahoo! News)

The Mortgage Crisis Blog — Fri, 13 Feb 2009 13:08:41 +0000

The bad mortgages that got the current financial crisis started have produced a terrifying wave of home foreclosures. Unless the foreclosure surge eases, even the most extravagant federal stimulus spending won’t spur an economic recovery.

US photographer wins award for housing crisis shot (AP via Yahoo! News)

The Mortgage Crisis Blog — Fri, 13 Feb 2009 12:56:13 +0000

A U.S. photographer won the top prize in the World Press Photo competition Friday with an image of a police officer searching a debris-strewn home in Cleveland, Ohio to ensure evicted residents had left after a mortgage foreclosure.

US photographer wins award for housing crisis shot (AP via Yahoo! News)

The Mortgage Crisis Blog — Fri, 13 Feb 2009 10:48:14 +0000

A U.S. photographer won the top prize in the World Press Photo competition Friday with an image of a police officer searching a debris-strewn home to ensure evicted residents had left after a mortgage foreclosure.

U.S. mortgage plan lifts mood and boosts FTSE (Reuters via Yahoo! UK & Ireland News)

The Mortgage Crisis Blog — Fri, 13 Feb 2009 09:41:00 +0000

The FTSE 100 gained 1.6 percent early on Friday as reports of a U.S. plan to subsidise mortgage payments eased investor anxiety on the banking sector and improved the demand outlook, lifting energy stocks.

U.S. mortgage plan lifts mood, boosts FTSE (Reuters via Yahoo! Philippines News)

The Mortgage Crisis Blog — Fri, 13 Feb 2009 09:36:44 +0000

* U.S. mortgage plan eases investor jitters

Mortgage applications tumble, U.S. trade gap shrinks (Reuters via Yahoo! News)

The Mortgage Crisis Blog — Wed, 11 Feb 2009 14:30:29 +0000

The U.S. trade deficit shrank 4 percent in December, as the global financial crisis cut U.S. imports and exports for the fifth straight month, while U.S. demand for mortgages tumbled nearly 25 percent last week as potential buyers held out for better terms.

International Education Expert Supports Visa Processing Speedup as a Solution to the American Mortgage Crisis (PRWeb via Yahoo! News)

The Mortgage Crisis Blog — Tue, 10 Feb 2009 07:01:00 +0000

Ms. Sheila Danzig, director of a foreign degree evaluation agency, TheDegreePeople.com and an expert on the characteristics and demographics of persons seeking foreign diploma evaluations for EB-2 and EB-3 visas to the United States, advocates significantly speeding up the processing of applications for permanent residency from those holding the visas.