Nationwide warns of 'natural correction' in house prices

Nationwide building society has warned the London housing market may face a "natural correction". The mutual's chief executive, Graham Beale said there was already a "slowing down in the market place".

JPMorgan in tentative $13 billion deal with US Justice Department: Source

WASHINGTON: JPMorgan Chase & Co has reached a tentative $13 billion agreement with the US Justice Department to settle a range of mortgage issues, a source familiar with the talks said on Saturday.