Fla. governor embraces college tuition increases (AP)

<p>AP - Gov. Charlie Crist continued to veer away from his previous opposition to raising tuition with a proposal this week allowing for increases of up to 15 percent a year at all state universities. But a top Democratic lawmaker said it's the wrong time for that course as people struggle with foreclosures and layoffs.

New Look, Same Lenders (BusinessWeek Online)

BusinessWeek Online - 1. The Shift When the subprime market began to collapse in 2006, many lenders and brokers shifted their business to loans guaranteed by the Federal Housing Administration

FHA-Backed Loans: The New Subprime (BusinessWeek Online)

BusinessWeek Online - As if they haven't done enough damage. Thousands of subprime mortgage lenders and brokers -- many of them the very sorts of firms that helped create the current financial crisis -- are going strong. Their new strategy: taking advantage of a long-standing federal program designed to encourage homeownership by insuring mortgages for buyers of modest means.

'Help' Can Be Costly (BusinessWeek Online)

BusinessWeek Online - The implosion of the subprime mortgage market has been a boon to loan-modification consultants who promise to help borrowers refinance and get back on the road to financial stability.

UK home repossessions up 12 pct in 3Q from 2Q (AP)

AP - Home repossessions in Britain jumped 12 percent to 11,300 in the third quarter from the previous quarter, the Council of Mortgage Lenders said Friday, more evidence that the financial crisis is taking its toll on households and the ailing housing market.

Fannie Mae, Freddie Mac suspend some foreclosures (Reuters)

Reuters - Fannie Mae and Freddie Mac, the two biggest U.S. home loan finance companies, on Thursday said they would suspend foreclosures of occupied homes until early 2009, as the government moves to stem the tide of home losses plaguing the economy.