table border=0 cellpadding=2 cellspacing=7 style=vertical-align:top;trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serif/font/tdtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbr /div style=padding-top:0.8em;img alt= height=1 width=1 //divdiv class=lha href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNFB1K4fVF8iRaHY1mbJJSIXxp_SQgamp;url=http://www.bloomberg.com/news/2012-05-16/irish-house-price-fall-may-push-loan-losses-to-70-moody-s-says.htmlbIrish bHouse/b Price Fall May Push bLoan/b Losses to 70%, Moody#39;s Says/b/abr /font size=-1bfont color=#6f6f6fBloomberg/font/b/fontbr /font size=-1The steep fall in Irish house prices may drive losses on foreclosed bhome loans/b to as high as 70 percent, according a Moody#39;s Investors Service report based on mortgage-backed securities it tracks. “Over half the loans in even the best pools are in b/b/fontbr /font size=-1 class=p/fontbr /font class=p size=-1a class=p href=http://news.google.com/news/more?pz=1amp;ned=usamp;ncl=dbPfjPqZ1uXWQSMnobrband morenbsp;raquo;/b/nobr/a/font/div/font/td/tr/table
table border=0 cellpadding=2 cellspacing=7 style=vertical-align:top;trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serif/font/tdtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbr /div style=padding-top:0.8em;img alt= height=1 width=1 //divdiv class=lha href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNGNoaHxyuS3p7vARqv4ksLKge8rBgamp;url=http://www.irishtimes.com/newspaper/finance/2012/0519/1224316358006.htmlbInvestors flee to safe haven assets, wiping 2012 gains/b/abr /font size=-1bfont color=#6f6f6fIrish Times/font/b/fontbr /font size=-1At bhome/b, sentiment was soured by a report from Deutsche Bank suggesting bIreland/b may be forced into a second bailout by mounting bloan/b losses within its banking system. Deutsche Bank analysts David Lock and Jason Napier said: “A new, even modest, b/b/fontbr /font size=-1 class=p/fontbr /font class=p size=-1a class=p href=http://news.google.com/news/more?pz=1amp;ned=usamp;ncl=dPl7HTUy4s-EGyMnobrband morenbsp;raquo;/b/nobr/a/font/div/font/td/tr/table
table border=0 cellpadding=2 cellspacing=7 style=vertical-align:top;trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serifa href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNH9RaQXN_lIGAkytXO3EkCc5zQjYAamp;url=http://www.irishtimes.com/newspaper/breaking/2012/0518/breaking27.htmimg src=//nt1.ggpht.com/news/tbn/6QDEPaQjP9S2SM/6.jpg alt= border=1 width=80 height=80 /br /font size=-2Irish Times/font/a/font/tdtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbr /div style=padding-top:0.8em;img alt= height=1 width=1 //divdiv class=lha href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNH9RaQXN_lIGAkytXO3EkCc5zQjYAamp;url=http://www.irishtimes.com/newspaper/breaking/2012/0518/breaking27.htmbStocks head for worst week in months/b/abr /font size=-1bfont color=#6f6f6fIrish Times/font/b/fontbr /font size=-1Back at bhome/b, the yield on the Irish 5% October 2020 bond, the longest-dated bond in issue, continued to widen this morning, surpassing 7.4 per cent on a bid basis, although it was in thin trading. So far this week, the yield on Irish bonds has b/b/fontbr /font size=-1 class=p/fontbr /font class=p size=-1a class=p href=http://news.google.com/news/more?pz=1amp;ned=usamp;ncl=ddwVkwGuoijLy3Mnobrband morenbsp;raquo;/b/nobr/a/font/div/font/td/tr/table
table border=0 cellpadding=2 cellspacing=7 style=vertical-align:top;trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serifa href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNGG5QZ74Khvl48X7_Hr_R011dMGtwamp;url=http://www.irishtimes.com/newspaper/finance/2012/0518/1224316280024.htmlimg src=//nt1.ggpht.com/news/tbn/sSKMZOfIZra8uM/6.jpg alt= border=1 width=80 height=80 /br /font size=-2Irish Times/font/a/font/tdtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbr /div style=padding-top:0.8em;img alt= height=1 width=1 //divdiv class=lha href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNGG5QZ74Khvl48X7_Hr_R011dMGtwamp;url=http://www.irishtimes.com/newspaper/finance/2012/0518/1224316280024.htmlbTreasury comes out fighting/b/abr /font size=-1bfont color=#6f6f6fIrish Times/font/b/fontbr /font size=-1Nama currently has about €1.7 billion of Treasury bloans/b on its books, following transfers from AIB, Bank of bIreland/b and the old Anglo Irish Bank. This figure includes interest rolled up over the past two years on bloans/b for development land./fontbr /font size=-1 class=p/fontbr /font class=p size=-1a class=p href=http://news.google.com/news/more?pz=1amp;ned=usamp;ncl=dQqLTwMmStp_u7Mnobrb/b/nobr/a/font/div/font/td/tr/table
table border=0 cellpadding=2 cellspacing=7 style=vertical-align:top;trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serif/font/tdtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbr /div style=padding-top:0.8em;img alt= height=1 width=1 //divdiv class=lha href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNF8U8psDRxUacNHBk_6Q4SP0lskyAamp;url=http://www.businessweek.com/news/2012-05-10/danske-profit-rises-10-percent-as-bank-winds-down-irish-property-loansbDanske Bank Winds Down Irish Property bLoans/b/b/abr /font size=-1bfont color=#6f6f6fBusinessWeek/font/b/fontbr /font size=-1Danske is struggling to stay competitive as it deals with the fallout of the burst bhousing/b bubble and a regional banking crisis at bhome/b as well as a collapsed commercial property market in bIreland/b. Total impairments rose 38 percent in the period to 3.9 b/b/fontbr /font size=-1 class=p/fontbr /font class=p size=-1a class=p href=http://news.google.com/news/more?pz=1amp;ned=usamp;ncl=dgCXMAATajAnEdMnobrband morenbsp;raquo;/b/nobr/a/font/div/font/td/tr/table
