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UPDATE 1-New ABX subprime mortgage index climbs higher
Reuters - The popular tool for hedging subprime mortgage risks, which is backed by a new series of 20 highly liquid home equity ABS Reuters is the world’s largest international multimedia news agency, providing investing news, world news, business news
Source: today.reuters.com

Fed chief Bernanke outlines steps to protect Americans from abusive
MSN UK News - fresh assurances on Thursday that regulators are taking steps to better protect would-be homeowners from abusive mortgage Other news in pictures (click thumbnail to see full picture)
Source: news.uk.msn.com

UPDATE 2-S&P slashes “AAA” ratings on some mortgage bonds
Reuters - NEW YORK, July 19 (Reuters) - Standard & Poor’s slashed ratings on some top-rated mortgage bonds by as much as eight notches on Reuters is the world’s largest international multimedia news agency, providing investing news, world news, business news
Source: www.reuters.com

Black to remain out on bail, but in U.S.
Chicago Tribune - Shopping Traffic Weather News Local Chicago North North Shore Near Northwest Northwest Near West West South/Southwest Triblocal Nation chairman and chief executive already had violated conditions of his $21 million bail by defaulting on a $10 million mortgage on
Source: www.chicagotribune.com

Managers like mortgage-backed securities
Marketwatch - to loss as mobile-phone sales fizzle abroad Bank of America profit up 5% with help from capital markets Economic news fails to move mortgage Intraday data provided by Comstock , a division of Interactive Data Corp. and subject to terms of use
Source: www.marketwatch.com

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