Meltdown 101: Bankruptcy won't help borrowers much (AP)

AP - Can filing for bankruptcy help homeowners facing foreclosure?

Greenspan sees 1st half 2009 U.S. housing recovery (Reuters)

Reuters - Former Federal Reserve chairman Alan Greenspan said the U.S. housing market will begin to recover in the first half of 2009, according to an article he wrote for Emerging Markets magazine published on Friday.

They Warned Us About the Mortgage Crisis (BusinessWeek Online)

BusinessWeek Online - More than five years ago, in April 2003, the attorneys general of two small states traveled to Washington with a stern warning for the nation's top bank regulator. Sitting in the spacious Office of the Comptroller of the Currency, with its panoramic view of the capital, the AGs from North Carolina and Iowa said lenders were pushing increasingly risky mortgages. Their host, John D. Hawke Jr., expressed skepticism.

Obama accuses McCain of trying to divide Americans (AP)

<p>AP - Presidential candidate Barack Obama on Friday accused Republican John McCain of trying to divide the country, but he let fellow Democrats handle harsher attacks while he kept his message mostly upbeat.

A Wild Time To Buy A Home, But Some Are Answering The Call (Investor's B...

Investor's Business Daily - Housing could be in for more bruising despite rescue efforts, as bank balance sheets teeter, and if world financial and economic fears are realized. The risks include further falls in home prices and the prospect of more Americans facing foreclosure.

Hardwood Flooring Retailer Nails Down Profits In A Tough Market (Investo...

Investor's Business Daily - The home mortgage business is in crisis. Residential building is down. Hardwood flooring sales fell 5% last year, and retail is in the tank.