Baltimore Finds Subprime Crisis Snags Women
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In Baltimore and elsewhere around the country, subprime mortgages, which are driving the foreclosure rate, have gone disproportionately to women.
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Troubles in mortgageland may get  worse before they get better, especially for the so-called  &quot;subprime&quot; borrowers whose spotty credit histories put them  into more costly loans.
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Bankers remain wary of plans to  launch a massive investment rescue fund to soften the blow of  the U.S. subprime meltdown, saying it could interfere with a  market recovery and stall a resolution to the credit crisis.
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In New York City neighborhoods hit hard by the subprime  lending crisis, most loans that ended up in foreclosure came from three companies, according to a new report.
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Wall Street banks are bracing for another wave of multibillion-dollar losses as the crisis that began with subprime mortgages spreads through the credit markets.
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Many U.S. banks have made it harder for creditworthy borrowers to get a mortgage, according to a Federal Reserve survey released Monday that underscored the spread of a painful credit crunch.
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The crisis in the subprime mortgage market has heightened tension between mortgage lenders and brokers who both hope to shape any laws aimed at stamping out dangerous loans.
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The fallout from the subprime mortgage industry could further constrict consumers with weak, or subprime credit, while helping to prolong the housing downturn.
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Construction of new homes fell in May as the nationâs home builders were battered by the crisis in subprime lending and rising mortgage rates.
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Investors, frightened by the prospect of a new subprime mortgage crisis that could dwarf the write-downs of the last few months, sent markets lower.
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As the U.S. mortgage crisis forces more properties into foreclosure, even renters are feeling the pain.
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After escaping a rising tide of subprime defaults earlier this year, leading U.S. investment banks and brokerages face an opaque offshoot of those risky mortgages.
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Countrywide, the nationâs largest mortgage lenders, has been struggling to deal with the troubles in the mortgage industry.
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With more than $1 trillion in subprime mortgages still outstanding, some fear the financial sector's troubles have only just begun
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The crisis in the US sub-prime mortgage market leads to losses at US consumer finance firm GMAC.
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NEW YORK/WASHINGTON  - The mortgage-backed securities market and Wall Street are becoming a roadblock for U.S. banks trying to dig out of the subprime mess.
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The loss of $854 million exceeded fears about how badly the bank was hurt by its subprime mortgage bets.