Bear Stearns Posts Loss After Subprime Writedowns (Update1) (Bloomberg.com)
Dec. 20 (Bloomberg) — Bear Stearns Cos., the second- biggest underwriter of U.S. mortgage bonds, reported its first loss as a public company after writedowns for subprime-related investments and a drop in fixed-income trading revenue.

Daily Briefing - Atlanta Journal Constitution
Daily BriefingAtlanta Journal Constitution,  USA - 6 hours agoThe NAACP amended a federal lawsuit Monday seeking class-action status against mortgage lenders it alleges discriminated against African-Americans by giving …

Peter Boutell, Lending a Hand: Back to the mortgage basics - Santa Cruz Sentinel
Peter Boutell, Lending a Hand: Back to the mortgage basicsSanta Cruz Sentinel, CA - Dec 16, 2007However, one of the byproducts of the current mortgage meltdown is the fall of the second mortgage. No longer is there a vibrant and viable market for …

Straight Talk on the Mortgage Mess from an Insider - MarketWatch
Straight Talk on the Mortgage Mess from an InsiderMarketWatch - Dec 6, 2007Second mortgage liens were done by nearly every large bank in the nation and really heated up in 2005, as first mortgage rates started rising and nobody …