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Photo from Yahoo! SEC rule will limit short sales
Reuters - U.S. securities regulators plan to issue an emergency rule later on Tuesday to limit certain types of short selling in major financial firms, including Fannie Mae and Freddie Mac .
Yahoo!  –  Jul 15, 2008 10:46 PM [GMT]  ¦  comment?
Fires, foreclosures raise West Nile risk in Calif.
AP - Two plagues in California, fires and foreclosures, may be increasing the risk of another: West Nile virus.
Yahoo!  –  Jul 15, 2008 10:24 PM [GMT]  ¦  comment?
Key developments on housing, mortgage rescue plan
AP - Congress is pressing to complete a broad housing rescue package that includes a mortgage aid program for strapped homeowners, modernizes the Federal Housing Administration and creates a new regulator and tighter controls over government-sponsored mortgage giants Fannie Mae and Freddie Mac.
Yahoo!  –  Jul 15, 2008 8:49 PM [GMT]  ¦  comment?
Photo from Yahoo! Housing rescue on fast track in Congress
AP - Congressional leaders as soon as next week plan to add a lifeline for troubled mortgage giants Fannie Mae and Freddie Mac to a housing bill aimed at saving up to 400,000 homeowners from foreclosure.
Yahoo!  –  Jul 15, 2008 8:35 PM [GMT]  ¦  comment?
Photo from Yahoo! Oil plunges $6 on mounting economic concern
Reuters - Oil dropped more than $6 on Tuesday, the largest drop in dollar terms in 17 years, as growing concern about the economic health of top energy consumer the United States stirred demand worries.
Yahoo!  –  Jul 15, 2008 8:29 PM [GMT]  ¦  comment?
In Spain, a Bright and Narrow Space
Rosalind Williams and Tino Calabuig have bought and renovated several buildings in Madrid, but a narrow structure is the one they have kept for their own.
New York Times  –  Jul 15, 2008 8:03 PM [GMT]  ¦  comment?
Property Values: What You Get for ... $700,000
An 1860 2,083-square-foot cabin in Scottsville, Va,; a three-bedroom house in Orlando, Fla.; and a four-bedroom adobe in Tucson.
New York Times  –  Jul 15, 2008 7:44 PM [GMT]  ¦  comment?
International Real Estate: For Sale in ... Victoria, British Columbia
A renovated 1930s waterfront home with a modern kitchen and original Arts and Crafts details is on the market for $2,978,000.
New York Times  –  Jul 15, 2008 7:18 PM [GMT]  ¦  comment?
Photo from Yahoo! US acts to curb speculative sales in financial firms
AFP - US stock market regulators will move to curb speculative share sales of big financial firms including Fannie Mae and Freddie Mac in an effort to stabilize the marketplace, the top regulatory official said Tuesday.
Yahoo!  –  Jul 15, 2008 6:22 PM [GMT]  ¦  comment?
Photo from Yahoo! Martinsa becomes first major victim of Spain's property crisis
AFP - Spanish property developer Martinsa-Fadesa filed for bankruptcy Tuesday, the first major victim of Spain's housing market crisis, prompting warnings that further failures could lie ahead.
Yahoo!  –  Jul 15, 2008 5:09 PM [GMT]  ¦  comment?