mortgage market

Details emerge of a US plan to rescue the country's financial system, with an $800bn fund to bail out its mortgage market.

The government may have to give a taxpayer guarantee to billions of pounds of mortgage market bonds, the BBC learns.

Even in the midst of the worst housing slump in decades, some people are out there getting mortgages and buying homes.

But they're paying more for mortgages these days, and borrowers with shaky credit won't find it easy to get a loan.

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Senate Banking Committee leaders said Monday that they have come to a deal on a housing bill that would prevent foreclosures, create affordable housing and revamp oversight of two of the mortgage market's biggest players: Fannie Mae and Freddie Mac.

A £50bn cash plan was not to "kick-start" the mortgage market, Bank of England governor Mervyn King says.

Abbey trebles its share of the new mortgage market in the UK, thanks to the position of its Spanish parent firm.

A forthcoming government plan to ease the log-jam in the mortgage market receives a guarded welcome.

The UK government is to rescue the mortgage market by letting banks swap housing debt for government bonds.