National News: Top Stories
Bank of England Governor Mark Carney said on Tuesday he was concerned that an improvement in the housing market could lead to a worsening of mortgage underwriting standards. "Underwriting standards at present of mortgage providers are quite high...," said Carney in remarks to a committee of lawmakers. "Our concern is that those underwriting standards will deteriorate and that that deterioration itself would be fed by general improvement in the housing market." Britain's recovery to date has been driven by household spending and a revival in the property market.
BANGKOK (AP) — World stock markets steadied Tuesday after a sell-off the day before.
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National Sports: Top Stories
DALLAS (AP) — Rich Peverley underwent a procedure to correct an irregular heartbeat six months ago after a physical revealed the condition at the start of training camp.
SCOTTSDALE, Ariz. (AP) — Barry Bonds certainly thinks he's worthy of election to the Hall of Fame.