Browsing Tag

mortgages

The Housing Bubble and Bailout

The past few weeks I have been chronicling how Europe is fast catching up to the United States in terms of the magnitude of the housing bust and its effects on its economies. I'd like to turn back to the United States and Northern…

UK mortgage crunch

I was listening to a money programme about the credit crunch in the UK this morning on my iPod Wake Up To Money (Podcast). They were discussing ways in which the credit crunch was made manifest to home buyers in the UK. In the broadcast,…

Writedown news: 21 Aug 2008

Below are the latest writedown stories from the web that I have seen. For the full timeline of news, visit my credit crisis timeline. Bloomberg recently updated their tally of writedowns to arrive at $503.8 Billion to date. That is on…

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