Nation's mortgage blues spare Seattle - Seattle Post Intelligencer
Nation's mortgage blues spare SeattleSeattle Post Intelligencer - Jul 25, 2007A second mortgage "is really an unsecured loan. Like a credit card." But experts say such problems are not happening in Seattle. As of the first quarter, …Mortgage lenders pull some ARMs off market Seattle Post Intelligencerall 5 news articles

National City net income down 27 percent in 2Q, slim margins, bad mortgage and home equity loans cited (The Toledo Blade)
CLEVELAND - National City Corp. said today its earnings in the second quarter declined by nearly 27 percent from a year ago, due partly to tight interest margins and allowances for bad mortgage and home equity loans.

Top US lender sees mortgage woes for 'good' risks - International Herald Tribune
Top US lender sees mortgage woes for 'good' risksInternational Herald Tribune, France - Jul 24, 2007… are falling and a home is foreclosed and resold, the holder of the first lien is paid off and often there is little left to apply to the second mortgage.

Markets tumble to second-deepest retreat of year (Inside Bay Area)
Wall Street suffered its second-biggest plunge of the year today, leading global markets lower. Investors fled stocks amid increasing uneasiness about the mortgage and corporate lending markets.

Capstead Mortgage Corporation Announces Second Quarter 2007 Earnings (Business Wire via Yahoo! Finance)
DALLAS—-Capstead Mortgage Corporation today reported net income of $5,774,000 for the quarter ended June 30, 2007 compared to $275,000 for the second quarter of 2006. After considering preferred share dividends, Capstead earned $0.04 per diluted common share for the second quarter of 2007 compared to a loss attributable to common stockholders for the second quarter of 2006 of $0.25 per diluted …