Calyx Software Updates WebCaster Web Site Service (Business Wire via Yahoo! Finance)
SAN JOSE, Calif.----Calyx Software? the mortgage industry's leading provider of loan marketing, originating and processing software, announced the latest release of WebCaster? its affordable Web site service that enables mortgage professionals to market their business online.

Nigeria: Govt Signs N40bn Mortgage Facility (AllAfrica.com)
In a bid to ameliorate the housing problem being faced by civil servants, Lagos State government will on the October 24, 2007 sign a N40 billion mortgage facility that will be provided by a consortium of banks.

Mortgagebot Unveils Mortgage Marvel, a Revolutionary New Mortgage-Shopping Web Site (Business Wire via Yahoo! Finance)
MEQUON, Wis.----Home buyers are shopping for mortgage loans, and lenders want their business. How best to bring the two groups together? For both consumers and lenders, getting together can be a real challenge--but Mortgagebot LLC of Mequon, Wis. has done something about it.

NetBank's shutdown due to mortgage defaults (The Post-Standard)
Washington NetBank Inc., an online bank with $2.5 billion in assets, was shut down by the government Friday because of an excessive level of mortgage defaults.

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%.