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• FirstMac Sells A$600 Million Mortgage-Backed Bonds (Update1) Bloomberg - 1 hour, 28 minutes agoNov. 17 (Bloomberg) -- FirstMac Ltd., the Australian non- bank lender, sold A$600 million ($384 million) of bonds backed by residential home loans, reducing the issue from a planned A$700 million.



• Mortgage 'Reform' Is Just a Small Step Forward Washington Post - Nov 15 4:23 PMDepartment of Housing and Urban Development Secretary Steve Preston recently announced what he said was a "mammoth leap forward for the consumer."



• Are you an idiot to keep paying your mortgage? San Francisco Chronicle - Nov 16 8:58 AMShould you keep paying your mortgage? If you have significant equity in your home, absolutely. If you don't, it's getting harder to answer that question, especially when our government keeps giving people who owe more than their homes are worth so many...



• Investment groups resist mortgage changes San Francisco Chronicle - Nov 16 12:35 AMThe federal government keeps bailing out the financial industry, but some working in that world seem reluctant to do their part, even if that could help stem the financial system's meltdown. At the center of today's economic and credit crisis is the rising...

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