Fannie Mae seeks $15 billion aid

Mortgage giant Fannie Mae has reported a third quarter loss of $19 billion Share

UK home repossessions soar by 50%

The number of homes repossessed in the UK soared by over 50 per cent Share

U.S. foreclosures spike 32 percent in April

The number of U.S. households under foreclosure spiked 32 per cent Share

Industry survey confirms worsening recession

As we come to the end of January 2009, with President Obama in office and stimulus packages as well as bailouts well under way Share

Fannie Mae fires 100s of employees

Fannie Mae, the mortgage-finance giant under federal control, fired several hundred employees Share

Credit Crisis Cost Tops $1 Trillion

An insightful article on Bloomberg.com reveals how the credit crisis cost has now topped $1 trillion. “Losses and writedowns from the credit crisis Share