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Spanish Banks Face More Property Risk - Consultant

Spanish banks may need to set aside more money to cover exposure to a bust property market because they still have to recognise billions of euros in loans to non-viable companies, said a report by Spanish property consultancy RR de Acuna.

Fitch Says Short Sales Positive For U.S. Residential Market

Fitch Ratings believes the trend toward more short sales of distressed residential real estate loans in the U.S. is gaining momentum.

Goldman Wins Mortgage Case Appealed by German Bank

Goldman Sachs Group Inc (GS.N) and investment adviser TCW have survived an appeal by a German bank that sued them for fraud over a toxic derivative marketed at the height of the housing market bubble.