US markets anxious, awaiting Bernanke statement - AFP
New York TimesUS markets anxious, awaiting Bernanke statementAFP - 5 hours agoAnalysts said the intervention to support mortgage giants Fannie Mae and Freddie Mac appeared to have averted an immediate crisis but serious concerns …Bush, Bernanke Get Weak Opening Act ForbesThe Perils of Paulson Washington PostComment by Christopher Whalen Managing Director, Institutional Risk AnalyticsKXMC - CNNMoney.comall 945 news articles

Summary Box: Feds propose help for mortgage giants (AP via Yahoo! Finance)
RESCUE PLAN REACTION: The rescue plan put together by the Bush administration and the Federal Reserve for mortgage giants Fannie Mae and Freddie Mac got mixed reviews on Monday on Wall Street.

Mortgage reforms will save Canadians from US-style woes - Calgary Herald
Mortgage reforms will save Canadians from US-style woesCalgary Herald,  Canada - 12 hours agoSuddenly endowed with equity, they felt confident enough to take a second mortgage with which they bought — stuff. A lot of it came in from the Far East …

Japan’s 10-Year Bonds Advance for Second Day as Stocks Decline (Bloomberg.com)
July 15 (Bloomberg) — Japan’s 10-year bonds rose for a second day as concern credit-market losses will increase spurred investors to seek the relative safety of government debt.