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MortgageLenders.co.uk News

• US lenders 'face state takeover'
  US officials will outline plans for mortgage giants Freddie Mac and Fannie Mae, which are expected to be put under federal control.
  
  
• Q&A: Freddie Mac and Fannie Mae
  Troubled US mortgage giants Freddie Mac and Fannie Mae are at the heart of the US housing market.
  
  
• Credit crunch 'to last into 2010'
  The credit crunch is likely to last another 18 months, the head of the UK's largest mortgage provider warns.
  
  
• Mortgage rates 'continue to fall'
  The Abbey is the latest lender to reduce interest rates on its mortgages during the longest period of cuts since the credit crunch began.
  
  
• House prices in double digit fall
  UK house prices recorded an annual fall of 10.9% in August leaving the average home costing £174,178, says the Halifax.
  
  
• US bankers facing fraud charges
  Two ex-Credit Suisse bankers are charged with fraud for allegedly deceiving clients over debt tied to sub-prime mortgages.
  
  
• Housing changes: the reaction
  Housing groups give a guarded welcome to the government's changes to the stamp duty threshold and other measures.
  
  
• New policies target repossessions
  The government's housing plan reveals its concerns about the impending rise in repossessions.
  
  
• Home buyers weigh up aid measures
  First-time buyers and people fearing repossession react to the government's assistance package.
  
  
• How will stamp duty affect you?
  Why the temporary changes to stamp duty are unlikely to revive the property market.
  
  
• Brown defends 'resilient' record
  Gordon Brown says that, unlike previous governments during economic crises, his is "resilient" in dealing with problems.
  
  
• New rules to stop mortgage fraud
  New rules have come into force to help stop mortgage lenders becoming the victims of over-inflated property valuations.
  
  
• Economy questionnaire results
  Full results from Panorama's online questionnaire on the economy which nearly 9,000 people answered.
  
  
• Mortgage approvals hit fresh low
  The number of new mortgages approved for home buyers fell in July to just 33,000 - down by 71% on a year ago.
  
  
• Housing market 'needs more help'
  Government must take "decisive action" to help the housing market, say the Royal Institution of Chartered Surveyors.
  
  
• University towns home prices soar
  House prices in university towns have soared in the past five years, figures from a mortgage lender show.
  
  
• Councils 'could buy unsold homes'
  Local authorities could get more powers to buy repossessed and unsold homes, the government is expected to say.
  
  
• 'Decoding' the housing market
  What do all the statistics about house prices and sales actually mean?
  
  
• Management shake-up at Fannie Mae
  The US mortgage giant announces a shake-up of top executives in an attempt to restore confidence.
  
  
• House prices 'fall 10.5% in year'
  UK house prices are down 10.5% on a year ago, the first annual double-digit fall since 1990, the Nationwide says.