County takes second position but remains financially secure (Boca Raton News)
Palm Beach County commissioners have approved a subordination agreement with the Florida Housing Finance Corporation and RSG Boynton Apartment LTD. The agreement puts the county in second position should the developer of the 160-unit multi-family attainable rental housing project in Boynton Beach default on the mortgage.

Investec Says Second-Half Profit to Beat First-Half (Update1) - Bloomberg
Investec Says Second-Half Profit to Beat First-Half (Update1)Bloomberg - 16 hours agoThe lender bought Kensington Group Plc in August for 283 million pounds to boost its mortgage-backed securities business, just as the market ground to a …Investec faces up to 60m sub-prime hit Telegraph.co.ukInvestec takes big write-down on Kensington ShareCastall 4 news articles

Shinko Falls After Report of Second Delay in Takeover by Mizuho (Bloomberg.com)
March 21 (Bloomberg) — Shinko Securities Co. fell in Tokyo trading after the Japanese brokerage said its takeover by Mizuho Financial Group Inc., the nation’s third-largest bank by market value, may be delayed for the second time.

Mortgage lenders to pump $200 billion into markets (Reuters via Yahoo! News)
Two U.S. home financing heavyweights won government approval on Wednesday to pump $200 billion more into troubled U.S. mortgage markets, the latest step to stabilize credit markets and avert a deep recession.