Newsroom Headlines

  August 7, 2007 Mortgages Presidential Candidates Raise Issue of Mortgage Reforms As a wave of mortgage foreclosures buffets financial markets and feeds voter economic anxiety, Democratic

  August 6, 2007 Rising Fees Charged in Bankruptcy Cases Elicit a Backlash A study by scholars at the law school of the University of California at Los Angeles showed that fees paid to counsel

  August 3, 2007 Mortgages Lenders Broaden Clampdown on Risky Mortgages Jittery home-mortgage lenders are cutting off credit or raising interest rates for a growing portion of Americans, extending

  August 2, 2007 Two Bear Stearns’ Hedge Funds File for Bankruptcy Two Bear Stearns hedge funds filed for bankruptcy protection yesterday, nearly two weeks after the company told investors one was

  August 1, 2007 Mortgages Wall Street, Bear Stearns Hit Again by Investors Fleeing Mortgage Sector The nation's weak housing sector sent another shudder through Wall Street, with insurers and lenders

  July 31, 2007 Senate Committee Continues to Examine 'Carried Interest' The Senate Finance Committee will hold a second hearing on the issue of the “carried interest” by hedge fund managers, interest

  July 30, 2007 Marcal Settles with EPA for $3 Million Bankrupt paper company Marcal Paper Mills and the U.S. Environmental Protection Agency have reached a $3 million settlement over pollution claims

  July 27, 2007 Judge Terminates W.R. Grace's Exclusivity Period Bankruptcy Judge Judith Fitzgerald terminated the bankrupt chemical manufacturer W.R. Grace’s exclusivity period, saying in a motion

  July 26, 2007 U.S. Probes Mortgage Prices Charged to Minority Borrowers The Justice Department told Congress it is investigating several lenders over suspicions they charged minority borrowers

  July 25, 2007 House Financial Services Committee Hearings Tackle Consumer Protection, Mortgage Lending Issues The House Financial Services Committee will hold a hearing today titled “Improving