Detroit Free Press - Just how bad is the foreclosure situation? If you caught summaries of the latest ... The rate of American home loans entering the foreclosure process last quarter was the highest it's ... But they're highly concentrated -- among loan types, local and ...

Frank May Win `Tougher Than Expected' Subprime-Lending Limits
Bloomberg - With a record number of homeowners facing foreclosure, momentum is building ... collapse of the mortgage market for subprime borrowers -- those with bad or sketchy credit ... be a bill,'' says Alex Pollock, a former president of the Federal Home Loan ...