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Subprime Market

Bear Stearns Stockholders Socked

Mortgage News Daily | Posted 03.28.2008 | Business

Read More: JPMorgan Chase Buys Bear Stearns, Brokerage Firms, Federal Reserve, Bear Stearns CEO, Bear Stearns Purhcase, Lehman Shares, Ubs, Bear Stearns Buyout, Fdic, JPMorgan Chase, Breaking Business News, Bear Stearns and Mortgage Crisis, Subprime Market, Bear Stearns Bailout, Lehman Brothers, Emergency Funds, Bear Stearns Collapse, Bear Stearns, Bankruptcy, Bear Stearns and JPMorgan Chase, Business News

The news wasn't surprising but the price tag was a real stunner. On Sunday J.P. Morgan chase agreed to pay $2 per share to acquire failing Wall Stree...

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Mortgage Crisis Spreads Past Subprime Loans

New York Times | VIKAS BAJAJ, LOUISE STORY | Posted 03.28.2008 | Business

Read More: Subprime Mortages, Credit Crisis, Home Prices Down, Credit Cards, Credit Crunch, Subprime Market, Delinquencies, Subprime Mortgage Crisis, Business News

The credit crisis is no longer just a subprime mortgage problem. As home prices fall and banks tighten lending standards, people with good, or prime,...

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Foreclosures Prompt Cities to Make Plea For Federal Aid

New York Times | IAN URBINA | Posted 03.28.2008 | Business

Read More: Foreclosures, Housing Slump, Housing Market, Subprime Mortgages, Conference of Mayors, US Cities, Subprime Market, Home Foreclosures, Business News

Facing a collapse in the subprime mortgage market that has pockmarked their cities with vacant houses and crippled their budgets, the nation's mayors ...

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