House Price News - the credit crunch crash. Javascript must be enabled to use this site.


 

Obama-backed mortgage deal gets bipartisan scorn
Fox News, 27 January 2012


Obama administration expands foreclosure prevention program
CNN, 27 January 2012

The Obama administration is taking another swing at improving its main foreclosure prevention program.
Former Wachovia loan officer Andrew Vulpis sentenced
27 January 2012

Andrew Vulpis was sentenced to 30 months in federal prison for conspiracy to commit bank fraud. Vulpis was an officer of Wachovia Bank in Tampa when he played a role in 12 residential real estate transactions in Hillsborough and Pinellas counties that involved fraud, a written statement from the U.S. Attorney for the Middle District of Florida said. U.S. District Jude Steven Merryday also entered a money judgment of $1.25 million against Vulpis, who forfeited a 2007 Volvo sedan as a substitute asset in partial satisfaction of the money judgment, the statement said...
Obama expands foreclosure prevention program
CNN, 27 January 2012

The Obama administration is taking another swing at improving its main foreclosure prevention program.
More global news stories...
 BankRateMovementMove DateNext Decision  
 Bank of England0.50%0.00%12 Jan '12 09 Feb '12 Graph (see below) | Official Release 
 Federal Reserve Bank of New York0.25%0.00%14 Dec '10 26 Jan '11 Graph (see below) | Official Release 
 European Central Bank1.00%0.00%13 Jan '11 10 Feb '11 Graph (see below) | Official Release 

Bank of England Historical Base Rates

Click the graph link next to a bank in the list above to change this graph.



With the US housing market experiencing a slow down and the US subprime mortgage market in crisis, there is increasing concern over the vulnerability of the economies of other countries where there has been a boom in house prices over the past decade.
This site exists to provide information and discussion related to the housing market.


External Sites