AP - Tishman Speyer Properties walks away from 11,232 Manhattan apartments because it can't pay its mortgage. That's good business.

AP - A former Beverly Hills real estate appraiser has been sentenced to three years in federal prison for her role in a massive mortgage fraud.

AP - Tishman Speyer Properties walks away from 11,232 Manhattan apartments because it can't pay its mortgage. That's good business.

Reuters - Lloyds TSB raised $1 billion via a residential mortgage-backed bond on Friday, reopening a U.S. market that had been shut since mid-2008 because of the credit crunch.

AP - U.K. house prices rose 1.2 percent during January to push them 8.6 percent higher from a year ago, a major mortgage lender said Friday, while a separate survey showed consumer confidence picked up after a three-month drop.

AP - Homeowners seeking relief under the Obama administration's mortgage aid program will be required to provide proof of their incomes upfront, a significant reversal for the problem-plagued effort to stem the foreclosure crisis.

Reuters - The Obama administration unveiled changes to its $75 billion home loan modification program on Thursday in an effort to boost the number of trial home loans that become permanent.

AP - Rates on 30-year mortgages remained almost flat this week as the Federal Reserve said it would keep rates near record lows to help the economy recover.

AP - Mortgage default notices for California homeowners fell 24 percent during the fourth quarter, suggesting the worst might be over for foreclosures in entry-level markets while problems spread to pricier neighborhoods, a research firm said Wednesday.

AP - Bank of America canceled a jobs contract with Texas because the mortgage crisis and a complex merger were preventing its Countrywide Home Loans from adding the 7,500 jobs it promised to the state by late 2010, the company said Wednesday.