Stronger actions weighed to ease U.S. housing crisis
International Herald Tribune - On Capitol Hill, lawmakers are considering whether bankruptcy judges should be able to erase mortgage debt for insolvent borrowers, while others envision a government-backed entity that would vacuum up battered home loans. But even those bold ideas …
Reuters Summit-EMF sees no Euro subprime crisis, regulation need
Forbes - The fallout to date had mainly impacted European demand for mortgage debt — rather than supply — and would be “contained,” although Britain was potentially a unique case. In the main, those housing markets which had risen fastest for longest — such …