California Home Loan 360

El Dorado Irrigation District directors have moved to convert about $100 million in adjustable-rate bonds to avoid rising interest rates spawned by the subprime mortgage crisis. HARRY NORRIS "What happens if the interest rate goes up? Can we get stung again?" the director asked.

El Dorado Irrigation District directors have moved to convert about $100 million in adjustable-rate bonds to avoid rising interest rates spawned by the subprime mortgage crisis.

COLUMBIA, S.C. - The subprime mortgage crisis has yielded at least one benefit for states: Mortgage-related investments have become so cheap that they are luring some pension funds to buy.

COLUMBIA — The subprime mortgage crisis has yielded at least one benefit for states: Mortgage-related investments have become so cheap that they are luring some pension funds to buy. Retirement systems in South Carolina and Pennsylvania are nibbling at the securities, betting that th...

Mr. Arnall, founded Ameriquest Mortgage, a company once billed as a sponsor of the American dream but later found itself at the center of the subprime mortgage crisis.

The chair of the Federal Deposit Insurance Corp. argued Friday that more stringent regulations were needed to prevent a repeat of the subprime mortgage crisis.

SACRAMENTO -- The Bush administration unveiled plans Tuesday for a reprieve for homeowners embroiled in the nationwide subprime mortgage crisis even as California lawmakers try to clamp down on lenders and provide relief to tens of thousands of at-risk homeowners.

Chris Churchill -- Albany Times Union, N.Y. The latest byproduct of the subprime mortgage crisis? Lawsuits against mortgage companies.

Statistics and factoids aside, here's the scariest thing about the subprime mortgage crisis of 2007: Nobody knows for sure just how bad it could get.