Some of the nation's biggest banks have closed their doors to students at community colleges, for-profit universities and other less competitive institutions, even as they continue to extend federally backed loans to students at top universities. ...more

June 2, 2008

The economic downturn and mortgage crisis are turning a growing number of Americans into retirement account raiders. ...more

May 25, 2008

The chairman of beleaguered Countrywide Financial Corp. raised eyebrows and tempers with his snippy reply to an e-mail plea from a man who said he was in danger of losing his home. ...more

May 22, 2008

Profits from government-sponsored mortgage giants Fannie Mae and Freddie Mac, instead of taxpayers, would back up a home loan rescue for up to 500,000 strapped borrowers under a plan approved by a key Senate committee Tuesday to pull the nation out of a housing crisis. ...more

May 21, 2008

The House on Thursday passed a massive homeowner rescue plan to provide cheaper, government-backed mortgages to half a million debt-ridden borrowers and bolster an economy crippled by the housing crisis. ...more

May 9, 2008

President Bush and Congress are clashing over how to address the housing crisis, clouding the prospects of an election-year rescue package. ...more

May 8, 2008

Fannie Mae, a key source of mortgage funding, on Tuesday reported that falling home prices and rising defaults contributed to further losses for the government-sponsored company during the first quarter. ...more

May 7, 2008

NATION Bank Unclear On Debt Bank of America, which has announced plans to buy Countrywide Financial, said in a regulatory filing that there were no assurances that a big chunk of the distressed subprime mortgage lender's debt would be redeemed, assumed or guaranteed. ...more

May 3, 2008

Congress is set to examine another round of proposals to help consumers and investors survive turmoil in the housing market. ...more

February 25, 2008

Countrywide Financial Corp. said Friday that home loan delinquencies and foreclosures rose in January as more borrowers struggled to make their mortgage payments. ...more

February 16, 2008