Mortgage group says loan workouts hit record in April - San Diego Union-Tribune
A mortgage industry alliance, under pressure to show progress in its efforts to aid troubled borrowers, says lenders gave a record amount of assistance to homeowners last month. Statistics released Friday by Hope Now, a group backed by the Bush

Bear Stearns-JPMorgan Chase deal set for vote - Kansas City Star
One of the biggest corporate casualties of the global credit crisis, Bear Stearns Cos., is about to vanish into history. The company brought to the verge of bankruptcy amid heavy mortgage-related losses is expected to become part of JPMorgan Chase

Credit where it’s overdue - Boston Globe
REGULATORS AND elected officials are starting to circle the credit card companies, and not a moment too soon. The Federal Reserve reports that credit card debt rose more than 7 percent last month, on top of the already burdensome average of $8,000

Find a mortgage lender you can count on - Herald News
Given all the turmoil in the nation’s mortgage markets, homebuyers must now search widely to find a dependable lender who’s also offering the best available rates. “In recent months, the mortgage industry has changed so dramatically that you