California Home Loan 360

Here's the latest fallout from the ever-widening housing crisis: West Nile virus.

Soaring mortgage default rates this year already have shaken major financial institutions and the fallout from more of them, some experts say, could spread from those already battered banks into the general economy.

Soaring mortgage default rates this year already have shaken major financial institutions and the fallout from more of them, some experts say, could spread from those already battered banks into the general economy.

WASHINGTON (AP) - More banks have tightened lending standards on home mortgages, the Federal Reserve said Monday in the latest sign of fallout from a spreading credit crisis.

More than $23.6 billion in California housing wealth will evaporate if real estate prices continue to decline and foreclosures on subprime home loans soar, according to a new congressional report that indicates the fallout from the national mortgage crisis is...

In Orange County, Calif., real estate professionals have experienced drastic job losses because of the subprime fallout.

Savers are pinched as CD yields fall. Home equity lines are cheaper but mortgage rates rise. Savers are beginning to feel the fallout from the Federal Reserve's interest rate cut: Yields on bank savings certificates fell over the last week at the fastest pace in more than four years.

Washington - In a bold step to revive US economic growth, the Federal Reserve slashed interest rates Tuesday to ease the fallout from the nation's housing slump and mortgage crisi...

Sponsors in the House and Senate prepare bills to provide borrowers with more protections. -- A U.S. Treasury official warned Wednesday that fallout from the country's mortgage problems would continue and the chairman of the Senate Banking Committee unveiled a plan to overhaul fair-lending rules.

The Salem area and Oregon have escaped most of the fallout from the subprime mortgage crisis that's driving up home foreclosures and rattling Wall Street.