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Fifth Third Says It Has No Subprime Loans Outstanding (Update1)
Bloomberg - Worsening economic conditions in the Midwest are making it more difficult for Cincinnati-based Fifth Third to collect on some of its loans, Kabat said today. “Our charge-off levels in both mortgage and home equity are higher than the norm
Source: www.bloomberg.com

Fed hazard is recession, not an immoral bailout: James Saft
Reuters - And if you think the mortgage brokers are crying wolf, look at issuance of mortgage bonds backed by loans not eligible to be sold to Fannie Mae or Freddie Mac. Lehman Brothers figures show non-agency mortgage security issuance falling to $15 billion
Source: www.reuters.com

BRT Realty Trust Declares Regular Quarterly Cash Dividend to
Forbes - — Due to non-payment of interest due on August 1st and September 1st from borrowers on four first mortgage loans held by BRT in the aggregate original principal amount of $66,350,000, on which there is presently $44,785,000 outstanding, BRT will
Source: www.forbes.com

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