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-   -   U.S. mortgage lenders rattle markets (The Globe and Mail) (http://www.sailnet.com/forums/news-feeds/28934-u-s-mortgage-lenders-rattle-markets-globe-mail.html)

NewsReader 02-09-2007 03:16 AM

U.S. mortgage lenders rattle markets (The Globe and Mail)
 
TORONTO AND WASHINGTON ? After years of smooth sailing, the banking industry ran into stiff headwinds Thursday when the two biggest U.S. mortgage lenders to high-risk home buyers warned that costs from delinquent loans were swelling faster than they had expected.

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