Sub-prime hits mortgage giant
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Countrywide Financial, the biggest mortgage lender in the US, reports a 41% fall in home loans in January.
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A tsunami of interest rate increases on adjustable-rate mortgages is coming, meaning that the worst of the subprime lending fiasco is far from over.
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Mortgage company salvages sale to private equity fund by agreeing to a lower price.
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The US housing downturn may have serious financial repercussions, experts warn, hitting investment funds linked to sub-prime lending.
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Merrill Lynch, hit by huge subprime mortgage losses, said it would raise up to $6.2 billion in a private placement with Singaporeâs Temasek Holdings and Davis Selected Advisors.
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H&R Block looks to unwind a blockheaded move into subprime mortgages.
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Shares of subprime lender tumble after margin calls.
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General Electric said commercial loans and major equipment sales contributed to the rise, and it confirmed the sale of its subprime mortgage unit.
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Germany's IKB Industriebank says  losses from its exposure to US sub-prime mortgages will reach almost $1bn.
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Weeks after problems with subprime mortgages began roiling the industry, advertisers are offering reassurances about their stability and ability to ride out the storm.
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H&R Block looks to put its subprime woes behind it.
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Firm is in hot seat for selling subprime securities to a Massachusetts city.
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Federal regulators on Tuesday allowed US mortgage finance giants Fannie Mae and Freddie Mac to buy larger individual mortgages next year following a jump in home prices
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The stock market fell sharply last week as the subprime mortgage crisis spilled over into the broad financial markets.
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In less than a month, Americaâs largest mortgage lender went from Wall Street sweetheart to being seen as nearly bankrupt. What happened?
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This just in from London: the U.S.  subprime mortgage market is in a tizzy.
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Accredited Home Lenders Holding Co.  , a U.S. subprime mortgage lender, said on Tuesday it  needed to raise cash after paying $190 million demanded by its  lenders, sending its shares down as much as 53.5 percent to a  record low.