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Features Homes Overseas Announces New Malaga, Spain Property Buying Guide Mortgage applications post largest gain ever (Reuters)
Unicredit offers mortgage relief in Italy (AP) AP - Italy's largest bank Unicredit said Tuesday it will suspend mortgage payment requirements for 12 months without penalties for homeowners in financial difficulty. General Growth Properties gets loan reprieve (AP) AP - General Growth Properties Inc. has received a two-week extension on mortgage loans totaling $900 million, as the troubled shopping mall owner works to stave off bankruptcy and negotiate longer-term extensions with lenders. U.S. working on affordable mortgage plan: sources (Reuters) Reuters - The Treasury Department is developing a plan to try to reduce mortgage rates on home loans to 4.5 percent on typical mortgages by expanding its purchases of mortgage backed securities, sources familiar with the plan said on Wednesday. News
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