Monday, August 6, 2007

Members Equity Scraps Bond Sale; Subprime Woes Spread (Update1) (Bloomberg.com)

Aug. 3 (Bloomberg) -- Members Equity Bank Ltd. became the first Australian lender to scrap a planned sale of home loan- backed bonds as the U.S. subprime mortgage rout spreads across credit markets.

Read More...

[Source: Yahoo! News Search Results for home equity loan]

No comments: