Mortgage delinquencies hit record high in first quarter - Pottstown Mercury
AP Real Estate Writer NEW YORK A record 12 percent of homeowners with a mortgage are behind on their payments or in foreclosure as the housing crisis spreads to borrowers with good credit. And the wave of foreclosures isn't expected to crest
Source: www.pottstownmercury.com

Bayh details supportof credit card reform - Evansville Courier-Press
Evan Shields / Courier & Press Sen. Evan Bayh, D-Ind., spoke Thursday about the new credit card law recently passed by Congress. Sonja Williams, a representative from Momentive Consumer Credit Counseling Service, also spoke briefly about the new law
Source: www.courierpress.com

Fed Not Setting Rates in Credit Markets: Sources - CNBC
The recent surge in interest and mortgage rates is not down to the Federal Reserve s purchases of Treasury and mortgage assets, sources familiar with the thinking of Fed officials told CNBC. The $1.2 trillion in mortgage assets and $200 billion in
Source: www.cnbc.com

Ex-Lehigh U. employee stole to pay credit card bills, police charge - Allentown Morning Call
A former Lehigh University employee has been charged with stealing $7,700 from the university to pay her credit card bills, according to police. Jennifer L. Sterner, 32, of 430 White St., Bowmanstown , was charged Wednesday with theft, access device
Source: www.mcall.com