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Bloomberg - March 7 (Bloomberg) -- The collapse of the subprime- mortgage market has engulfed Carlyle Group, the world's second- biggest leveraged-buyout firm by assets. Trading in Carlyle Capital Corp., the firm's mortgage-bond fund, was suspended in Amsterdam ...

Carlyle Group Scorched by Mortgage Fund's Stumble (Update1)

Detroit Free Press - Home Buyer Seminar: First homes, investment properties, credit issues and grants. 6-7:30 p.m. the second Wednesday of every month at Success Mortgage Partners, 1000 Town Center, Suite 802, Southfield.

HOME CALENDAR

Contra Costa Times - Ruzick put a second mortgage on his house to pay for medical bills and his partner has stopped working as a chef to act as his caretaker. Ruzick has skipped two of the past few payments.

Mortgage crisis slices into equity

New York Times - Both Carlyle Capital, a company sponsored by the Carlyle Group, a major private equity fund, and Thornburg Mortgage , the second-largest independent mortgage lender in the United States after Countrywide, said they had been unable to meet the demands ...

Aversion to Risk Deepens Credit Woes

Boston Globe - WASHINGTON— Top banking executives whose companies are still reeling from the mortgage crisis will come to Capitol Hill on ... With the three companies losing a combined $20 billion in the second half of 2007, Waxman wants to know how much the top ...

Ahead of the Bell: Mortgage Exec Hearing

Detroit Free Press - Michigan ranked second nationally with 8.97% of its home loans delinquent during the three months ended Dec. 31. ... The total national delinquency rate is the highest in the mortgage bankers survey since 1985.

Michigan foreclosures rank 2nd

The Ledger - For the second straight month, nervous employers got rid of jobs nationwide. ... Factories, construction companies, mortgage brokers, real estate firms, retailers, temporary-help firms, child day-care ...

Employers Trim Jobs By 63,000 In Month

Detroit Free Press - The state ranked second nationwide with 8.97% of its home loans more than 30 days delinquent during the three months ended ... The total national delinquency rate of 5.82% is the highest in the mortgage bankers survey since it reached 6.07% in 1985 ...

About 6% of U.S. mortgages delinquent, report reveals

Boston Globe - ... estate slowdown, the market for such expensive units has been strong as downtown Boston has become a popular home or second ... A monthly mortgage payment equal to these rents could finance a $1 million or $2 million home.

New benchmark for luxury living

Reuters UK - Spain decides whether to give Zapatero second term ... Highly indebted Spaniards, already struggling to meet higher mortgage repayments, are suffering from racing food and fuel ...

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