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Merchants of Debt: Kkr and the Mortgaging of American Business
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Debt, Taxes, and Corporate Restructuring
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Debt Consolidation 101
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Mortgage Loans Refinance Home Equity Debt Consolidation News

SunTrust Reports Second Quarter Earnings of $1.53 Per Share (PR Newswire via Yahoo! Finance)

SunTrust Banks, Inc. today reported net income available to common shareholders of $535.3 million for the second quarter of 2008, or $1.53 per average common diluted share, compared to $673.9 million, or $1.89 per average common diluted share, in the second quarter of 2007.

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MGIC Investment Corporation Reports Second Quarter Results (PR Newswire via Yahoo! Finance)

MGIC Investment Corporation today reported a net loss for the quarter ended June 30, 2008 of $97.9 million, compared with net income of $76.7 million for the same quarter a year ago.

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Subprime crisis is hard to pin on greedy buyers (The Tennessean)

WASHINGTON — Vicki Miller bought her childhood home in Altoona, Pa., from her mother's estate for $32,000, using a nice, traditional mortgage from the local savings and loan.

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Debacle's true face: Refinancers (Denver Post)

Most borrowers having trouble making payments were snared by aggressive ads promising them cash.

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Bitter lessons learned from refinancing (Los Angeles Times)

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Face of subprime crisis is in Altoona, Pa., and beyond (Minneapolis-St. Paul Star Tribune)

Some studies say 90% of borrowers were homeowners who got in too deep, not speculators looking for easy cash.

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Free Times - Ohio's Premier News, Arts, & Entertainment Weekly (Cleveland Free Times)

Editor's Note: A former account executive for the nearly bankrupt Novastar Financial Inc. and a former mortgage broker at the now-defunct Equity Consultants, an independent mortgage brokerage firm once in Richfield, spoke to the Free Times on the condition of anonymity.

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