Greenspan Examines Federal Reserve, Mortgage Crunch (The Online NewsHour)
In the first half of a two-part conversation, Jim Lehrer talks with former Federal Reserve Chairman Alan Greenspan about the recent actions of the Federal Reserve, the country’s mortgage crunch and his new book, “The Age of Turbulence.”

German Stocks Rise, Led by Hypo Real Estate; Siemens Advances (Bloomberg.com)
Sept. 19 (Bloomberg) — Germany’s benchmark DAX Index climbed for a second day. Hypo Real Estate Holding AG, the mortgage bank spun off from HVB Group, led banking stocks higher. Siemens AG also added to the gain.

FTSE higher as mortgage banks rebound (FT.com via Yahoo! News)
London equities made gains on Tuesday, led by a recovery among mortgage banks after speculation that a second lender had joined Northern Rock in seeking emergency financing from the bank of England proved groundless.

German Stocks Rise, Led by Hypo Real Estate; Siemens Advances (Bloomberg.com)
Sept. 19 (Bloomberg) — Germany’s benchmark DAX Index climbed for a second day. Hypo Real Estate Holding AG, the mortgage bank spun off from HVB Group, led banking stocks higher. Siemens AG also climbed.

Mortgage banks suffer second day of losses (FT.com via Yahoo! News)
London equities fell further on Monday, with mortgage banks making fresh losses on worsening fears for the implications of the US subprime debt crisis on funding within the financial system .

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