The mortgage crisis

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August 18, 2007

MARKET BEAT

Tom Petruno: The Fed buys some time to rebuild confidence

Confidence went out the window on Wall Street this week, and that's why the Federal Reserve had to cut one of its key interest rates Friday.

August 11, 2007

Tom Petruno: A survival guide for sub-prime bystanders

For months as the sub-prime mortgage mess has unfolded, Wall Street has talked incessantly about the risk of "other shoes" dropping.

August 11, 2007

Borrowers, protect yourselves

As sub-prime mortgage casualties mount, presidential candidates, legislators and regulatory agencies are promoting reforms to help at-risk borrowers. Sen. Hillary Rodham Clinton (D-N.Y.) jumped on the bandwagon Tuesday, announcing in a campaign speech in Derry, N.H., that she would introduce legislation in September to "protect the American dream of home ownership" by "curbing mortgage abuses."

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