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Stocks Cling to Gains Amid Subprime Concerns, M&A News
CNBC - Stocks held on to gains in afternoon trading but the markets moved off session highs amid subprime mortgage worries. “While the financial sector is a big concern with what’s going on with the lower tranche debt, the general economic picture looks
Source: www.cnbc.com
Lenders cautious over Brown proposals to shake up mortgages
The Independent - Mortgage providers yesterday cautioned that Gordon Brown’s proposals for long-term, fixed-rate mortgages could meet a cool 2007 Independent News and Media Limited
Source: news.independent.co.uk
Debt levels drive sub-prime mortgage market
Guardian Unlimited - A rampant housing market had made consumers more willing to borrow. Sub-prime mortgage lending is set to continue to grow as increasing numbers of Britons fail to keep up with their debts, a report said today. The news comes after the Council of
Source: money.guardian.co.uk
RPT-US STOCKS-Oil sector, financials boost stock indexes
Reuters - oil prices traded near $73 a barrel and financial shares rebounded a day after falling on worries about the subprime mortgage Reuters is the world’s largest international multimedia news agency, providing investing news, world news, business news
Source: www.reuters.com
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