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As any smart investor will tell you, what looks like bad news is often good news in disguise. And that certainly seemed to be the case in March when investment bank Bear Stearns became the highest-profile victim of the credit crisis. Liquidity ...

Credit Crunch: The Sequel - US News and World Report

WASHINGTON - More than 4 million American homeowners with a mortgage, a record 9 percent, were either behind on their payments or in foreclosure at the end of June, as damage from the housing crisis worsened, the Mortgage Bankers Association said ...

14 percent of Florida facing mortgage crisis - Fort Lauderdale Sun-Sentinel

Sep 6th, 2008 | TERRE HAUTE, Ind. -- Democratic presidential nominee Barack Obama said Saturday that any government takeover of troubled mortgage giants Fannie Mae and Freddie Mac must put the interests of taxpayers and homeowners first. His opponent ...

Obama: Takeover should put taxpayers first - Salon

Watertown Savings Bank lost money in an unexpected place during the second quarter, taking a $15.7 million hit on investments in two short-term bond funds. The bank is well-capitalized and has dealt with only one foreclosure in the past 20 years ...

A solid local bank takes a hit from an unlikely source - Boston Business Journal

( Pierre, S.D .) McCain would like everyone to think his campaign imploded last summer because of his courageous support for the surge in Iraq : I fought for the right strategy and more troops in Iraq, when it wasn't a popular thing to do. And when ...

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