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  • U.S. backs away from plan to buy bad assets - Reuters
    WASHINGTON (Reuters) - The Bush administration on Wednesday largely abandoned its plan to buy up toxic mortgage assets and said it will focus its $700 billion financial bailout fund on making direct investments in financial institutions and shoring ...
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  • US mortgage applications rise as interest rates drop-MBA - FXStreet.com
    NEW YORK, Nov 13 (Reuters) - U.S. mortgage applications rose last week, recovering from an almost 8-year low, as potential borrowers took advantage of a sharp drop in interest rates, an industry group said on Thursday. The Mortgage Bankers ...
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