Australian shares lower early afternoon though above morning lows - CNBC
SYDNEY (Thomson Financial) - Australian shares were trading lower early afternoon on Monday though losses had been pared as investors bought oversold stocks across sectors. “The market had held reasonably well though the banks are under pressure

FBI puts cost of mortgage fraud at $1 billion in 3 months - Baltimore Sun
WASHINGTON - The FBI estimates that victims of mortgage schemes that contributed to the country’s housing crisis have lost more than $1 billion in the past three months. More than 400 real estate industry players have been indicted since March

Houses shrinking as mortgage costs bite - News.com.au
New development removes yard, cuts parking Shaves tens of thousands of sale price Would you downsize to afford a house? NO real backyard, no laundry, smaller and fewer rooms, the end of the two-car family and probably the backyard cricket match