Fix needed for subprime mortgage market - 2007-03-16
New York Sen. Hillary Rodham Clinton on Thursday joined an increasing chorus of lawmakers looking for a governmental fix to the subprime, high-cost mortgage industry. She also proposed a plan to assist borrowers facing foreclosure, while preventing others from being caught in the same traps.
Read the full story at Buffalo News

Some subprime woes linked to hodgepodge of regulators - 2007-03-16
Andy Sobel is selling his San Diego condo for $60,000 less than he owes on his mortgage. He's six months in arrears on his payments, but it's all he can do to avoid foreclosure. He's also writing to Rep. Barney Frank, D-Mass., chairman of the House Financial Services Committee. Sobel, a community organizer for a non-profit, feels there was no regulation to protect him from the mortgage broker who obtained him the loan, then switched companies.
Read the full story at KARE