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  • Federal Home Loan Bank Mortgage 'Advances' Surge Tuesday, 4 Sep 2007 | 5:29 PM ET

    Mortgage-related loans by the Federal Home Loan Bank system to members surged 17 percent in August as "extraordinary events" upset credit markets, the FHLB's office of finance said on Tuesday.

  • Bonds Slip as Stocks Rise on Manufacturing Report Tuesday, 4 Sep 2007 | 3:18 PM ET

    Long-dated U.S. government debt prices slipped Tuesday as data showing U.S. manufacturing expanded in August drew money into stocks and away from bonds.

  • Mortgage Servicers Urged to Head Off Foreclosures Tuesday, 4 Sep 2007 | 1:49 PM ET

    U.S. banking regulators Tuesday urged mortgage servicers to be proactive and contact borrowers at risk of default to help them avoid foreclosure and keep their homes.

  • Student Loans Securitization Braces for A Blow Tuesday, 4 Sep 2007 | 12:41 PM ET

    The market for U.S. student loan asset-backed securities -- rattled already by the troubled mortgage-backed securities market -- expects another hit soon from legislation being finalized in Congress.

  • First American Cuts Jobs, NovaStar Survival at Risk Tuesday, 4 Sep 2007 | 12:19 PM ET

    Fallout from the U.S. housing slump on mortgage and real estate companies deepened Tuesday, as title insurer First American and subprime lender NovaStar Financial announced job cuts and NovaStar's auditor expressed doubt that the company will survive.

  • U.S. Housing Slump Could Spread Overseas Tuesday, 4 Sep 2007 | 11:10 AM ET

    Weakness in the U.S. housing market could trigger an international slide in home prices that depresses the sector for years, a top housing specialist warned central bankers Friday.

  • Deutsche Bank Sees Some Impact From Market Turmoil Tuesday, 4 Sep 2007 | 5:54 AM ET

    Germany's Deutsche Bank said in a surprise trading update Tuesday that it has suffered some impact from recent credit market problems, but said it hasn't made unsecured loans to hedge funds and that its margin calls are being met. 

  • Hedge Funds Circle $43-Billion Fire Sale Monday, 3 Sep 2007 | 8:02 AM ET

    Fire sales worth up to $43 billion could soon spark a flurry of opportunistic investment, according to a recent report from the Royal Bank of Scotland, as the ongoing squeeze in the commercial paper market forces investment banks to liquidate holdings.

  • Video Roundup: Latest From Jackson Hole Friday, 31 Aug 2007 | 5:41 PM ET

    Here are the latest video reports from Jackson Hole, Wyo., where Federal Reserve Chairman Ben Bernanke said that the central bank is prepared to act "as needed" to help provide liquidity to the financial system but won't bail out investors who made bad decisions.

  • The Week on Wall Street: More Sound and Fury Friday, 31 Aug 2007 | 5:24 PM ET

    Stocks ended another volatile week on a positive note as investors were cheered by President Bush's plan to help distressed homeowners and Fed Chairman Ben Bernanke's stance that the central bank will act as needed to address credit concerns.

  • For Investors, It's Time to Play Defense Friday, 31 Aug 2007 | 2:56 PM ET

    Investors should adopt a defensive strategy in September, normally the worst-performing month for stocks, analysts say. "I think that the thing to do is avoid industries that are significantly impacted by credit woes and stick with those companies that won't be affected," Steve Massocca, co-CEO of Pacific Growth Equities, told CNBC.com.

  • Bush Tries to Calm Markets With Mortgage Plan Friday, 31 Aug 2007 | 2:54 PM ET

    President Bush tried to calm financial markets by announcing proposals intended to prevent homeowners from defaulting on risky mortgages.

  • Subprime Auto Lenders Are Confident, Analysts Aren't Friday, 31 Aug 2007 | 12:56 PM ET

    U.S. subprime auto lenders say they do not see a rising wave of defaults, but over the past year they have made a number of moves to burnish the scratches and dents in their loan portfolios.

  • Barclays

    Barclays Capital, the investment banking arm of U.K. bank Barclays, said on Friday it will provide financing to a structured investment vehicle (SIV) it helped set up last year.

  • Investment Banks Set to Cut 10% to 15% of Staff: FT Thursday, 30 Aug 2007 | 7:51 PM ET

    Investment banks are set to cut 10% to 15% of their staff across the board as turmoil in the markets takes its toll on revenues, the Financial Times reports. The bulk of cuts are expected in structured credit and leveraged finance.

  • Bankrupt Bear Stearns Funds Shielded 30 More Days Thursday, 30 Aug 2007 | 7:17 PM ET

    A Manhattan bankruptcy judge on Thursday gave two bankrupt Bear Stearns  hedge funds 30 days of additional protection from creditors looking to seize their assets, but refused to permanently shield them from U.S. lawsuits.

  • Real Estate: Blown Off In Florida Thursday, 30 Aug 2007 | 4:31 PM ET
    Debris litters the beach Thursday, Sept. 16, 2004, in Pensacola, Fla., in an aerial photo taken by the U.S. Coast Guard.  The Coast Guard, along with the Federal Emergency Management Agency, spent most of the day assessing damage to ports, waterways, land and property.  (AP Photo/U.S. Coast Guard Air Station New Orleans)

    Residents of Florida don’t need an anniversary to remember Katrina; they get a reminder every month in their homeowner’s insurance bill.  The devastating hurricane season of 2005 caused and is still causing many insurers to either raise rates or drop coverage entirely.

  • Moody's President Sees Unprecedented Illiquidity Thursday, 30 Aug 2007 | 1:34 PM ET

    The credit market is experiencing an unprecedented loss of confidence due to the lack of transparency over where exposures lie rather than underlying credit quality problems, Moody's Investors Service President Brian Clarkson said on Thursday.

  • European Stocks End Higher as Investors Await Bernanke Thursday, 30 Aug 2007 | 12:19 PM ET

    European stocks managed to close in the green Thursday after oscillating between the joy of some good corporate results on the continent and worries about credit market woes.

  • Market Craziness: What's Going On? Thursday, 30 Aug 2007 | 11:57 AM ET

    The reason we are getting these CRAZY swings in the stock market is because traders are confused about the direction of the economy. Specifically, they are uncertain about the impact of the credit crunch on consumers and corporations.