Wells Fargo plunges into mortgage muck (AP via Yahoo! News)
After avoiding major trouble most of the year, Wells Fargo & Co. has finally bogged down in the mortgage muck that’s muddying one major bank after another.

Freddie Mac seeks to prop up reserves - Los Angeles Times
EarthtimesFreddie Mac seeks to prop up reservesLos Angeles Times, CA - 14 hours agoThe preferred issue "gives them the capital flexibility to continue to participate in the mortgage market," said Howard Shapiro, an analyst at Fox-Pitt, …Fannie, Freddie Won't Get A Raise ForbesCountrywide says lending, borrowing ability sound Guardian UnlimitedFreddie Mac to Sell $6 Billion in Preferred Stock (Update2) BloombergBloomberg - Reutersall 396 news articles

Wells Fargo to charge US$1.4bn in mortgage loss - Taipei Times
ServihooWells Fargo to charge US$1.4bn in mortgage lossTaipei Times, Taiwan - 3 hours agoWells Fargo & Co, the nation's second-largest mortgage lender after Countrywide Financial, said on Tuesday that it would take a US$1.4 billion …Freddie Mac Halves Dividend, To Sell $6 Bln In Preferred Stock RTT NewsFREDDIE PLAYS WITH HOUSE $ New York PostUS STOCKS-Futures up slightly as oil steadies Reuters UKall 59 news articles

Mortgage meltdown continues to affect major players in Florida banking (Orlando Sentinel)
Profits at the nation’s banks hit a four-year low in the third quarter, as the mortgage meltdown continued to erode the bottom line at major financial institutions, according to regulatory date released today.

US mba's Mortgage Applications Index Fell 4.3% Last Week - Bloomberg
US mba's Mortgage Applications Index Fell 4.3% Last WeekBloomberg - 10 hours ago28 (Bloomberg) — The number of mortgage applications in the US dropped last week, led by the biggest decline in refinancing this year. …