Mortgage demand falls despite interest rate dip (USA Today)
Mortgage applications fell for a second week, largely reflecting a drop in demand for home refinancing, an industry group said Wednesday.

Bear Stearns Cuts 310 Mortgage Jobs, to Merge Units (Update4) (Bloomberg.com)
Oct. 3 (Bloomberg) -- Bear Stearns Cos., the second-biggest underwriter of U.S. mortgage-backed securities, is cutting 310 jobs from units that originate mortgages after the firm reported the biggest profit decline in more than a decade.

UAE mortgage lending soars (AME Info)
Mortgage lending in the UAE nearly doubled to Dhs45.7bn in the second quarter due to the continued influx of foreign investors in the country's real estate market, reported Emirates Today citing figures from the UAE Central Bank. Outstanding home loans increased an annual 97% at the end of June, while annual mortgage lending growth in the first quarter was 86%.

UAE mortgage lending growth rises 97pc in Q2 (Khaleej Times)
DUBAI �Mortgage lending in the United Arab Emirates increased an annual 97 per cent in the second quarter as foreigners bought property in the Gulf state.

Credit Suisse's Dougan Says Mortgage Turmoil May Last 18 Months (Bloomberg.com)
Oct. 3 (Bloomberg) -- Credit Suisse Group, Switzerland's second-biggest bank, predicts that the market for mortgage credit will be ``problematic'' for as long as 18 months, Chief Executive Officer Brady Dougan told a conference in London.