Regulators tighten subprime lending rules (Reuters)
Reuters - Bank regulators tightened standards for mortgage lending on Friday in a bid to curtail risky practices that have been blamed for a record level of foreclosures.
Reuters - Lennar Corp. , the second-largest U.S. home builder, posted a quarterly loss on Tuesday, forecast a loss for the current quarter and warned that the weak housing market could deteriorate further.
FT.com - Northern Rock, the UK mortgage bank, on Wednesday sought to offset a warning on full-year profit with plans for a share buyback programme. More Info…
AFP - Europe's main stock markets fell in morning deals on Wednesday after Wall Street had finished slightly lower overnight, traders said.
