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August 3, 2007
Quick Hits: Mortgages, Mortgages, Oil, and Bridges
Catching up and emptying my ever-overflowing link box. I promise not to turn into All Mortages, All the Time, but I do have a fair bunch of the stuff today:- The U.S. has sneezed. Will the U.K. now catch a housing cold? (BBC)
- Home repossessions in U.K. are at eight-year-high (Tiscali)
- Latest U.K. mortgage arrears and home repossession data (CML)
- Home insurance industry implicated in major investigatory piece (Bloomberg)
- Legislative proposals to fix the current financies woes of the housing/mortgage/banking complex look worse than the problem (WSJ)
- Some mortgage types are now "radioactive" (Bloomberg)
- Rapidly rising oil exploration costs are driving oil prices higher (Houston Chronicle)
- 159,000 U.S. bridges are either "deficient" or obsolete (Huffington Post)
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