Mortgage Debt Proving Least of Bad Bets as All Investing Sinks - Bloomberg
July 28 (Bloomberg) — The fastest inflation in 17 years and a fourth straight quarter of U.S. profit declines are turning debt sold by Fannie Mae and Freddie Mac into the favorites of the world’s biggest bond investors. Pacific Investment Management

Congress approves mortgage rescue bill - Star-Banner
WASHINGTON - Congress approved mortgage relief for 400,000 struggling homeowners Saturday as part of an election-year housing plan that also aims to calm jittery financial markets and bolster the sagging economy. President Bush said he would sign it

U.K. to Report on Mortgage Review - Wall Street Journal
LONDON — The U.K. Treasury said a review of Britain’s mortgage-financing market will come early this week, but signaled that the government won’t respond to industry demands to act immediately to improve market conditions. Earlier this year, U.K

Mortgage Choice rejects merger - News.com.au
FINANCIAL planning group Count Financial revealed it had approached Mortgage Choice with a merger proposal, but its advances were rejected by the mortgage broker. Count also announced today that it has taken a 4.9 per cent stake in Mortgage Choice as