After spending $1.3 billion to buy National City Corp.'s subprime mortgage division in late 2006, Merrill Lynch & Co. closed the operation last month. The market for risky mortgages has simply evaporated nationwide.

The collapse of the nation’s housing market and subsequent mortgage mess that has bedeviled Wall Street for nearly a year cost Stanley O’Neal his job at Merrill Lynch & Co. Ditto for Charles Prince at Citigroup Inc.

Fourth-quarter results and an $18-billion sub-prime write-down shake Wall Street's confidence. The sub-prime mortgage crisis hit Wall Street with full fury Tuesday as Citigroup Inc. reported a nearly $10-billion fourth-quarter loss, and both Citigroup and Merrill Lynch & Co. got cash infusions to shore up their financial stability.

Fitch rates Merrill Lynch Alternative Note Asset Trust, series 2007-OAR5, residential mortgage pass-through certificates, as follows:

The firm will raise capital from a Singaporean fund and a U.S. investment management firm. Merrill Lynch & Co., hit by huge sub-prime mortgage losses, said Monday it would boost its capital by selling as much as $6.2 billion of common stock -- at a discount -- to a Singaporean state-owned fund and to a U.S. investment management firm.

Securities whose value was written down were brokered mostly by Merrill Lynch, the firm blamed in county's 1994 bankruptcy. Merrill Lynch & Co., the brokerage giant blamed for triggering Orange County's $1.6-billion bankruptcy in 1994, was the single largest dealer of complex debt securities to the county within the last two years that are now at risk of a credit rating downgrade, a Times review of county investment holdings has found.

First, it was Merrill Lynch's Stan O'Neal. Now, the sub-prime crisis is expected to cost Charles Prince his job. Citigroup Inc. Chief Executive Charles O. Prince is expected to resign this weekend, the Wall Street Journal said, as the widening sub-prime mortgage crisis deals a final blow to a reign long under attack.

NEW YORK----The Merrill Lynch First Franklin Mortgage Loan Trust, series 2007-H1, is rated as follows by Fitch Ratings: $628,519,000 class A senior certificates 'AAA'; $44,224,000 class M-1 'AA+'; $36,183,000 class M-2 'AA'; $22,782,000 class M-3 'AA-'; $17,422,000 class M-4 'A+'; $20,549,000 class M-5 'A'; $16,975,000 class M-6 'A-'; $17,421,000 class B-1 'BBB+'; $14,295,000 class B-2 'BBB'; ...

::? Fitch Rates $293MM Merrill Lynch Mortgage Investors Trust, MLCC Series 2007-3?:: Fitch rates Merrill Lynch Mortgage Investors Trust, MLCC Series 2007-3 residential mortgage pass-through certificates, as follows: ...

Fitch Rates $293MM Merrill Lynch Mortgage Investors Trust, MLCC ...Business Wire (press release), CA - Aug 10, 2007The states that represent the largest geographic concentration are California (17.35%), New York (10.19%) and Florida (8.87%) None of the mortgage loans are ...Fitch Affirms EMC's Primary Servicer Ratings & Assigns Primary ... Business Wire (press release)all 7 news articles