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  1. Freddie, JPMorgan in Dispute Over Bad WaMu Loans (Update1) (Bloomberg)
    www.bloomberg.com
    Nov. 14 (Bloomberg) -- Freddie Mac, the mortgage-finance company seeking $13.8 billion of capital from U.S. taxpayers, may prevent JPMorgan Chase & Co. from retaining Washington Mutual Inc. servicing contracts amid a dispute over bad loans.
  2. Mortgage crisis: We had it coming (The Triangle Online)
    www.thetriangle.org
    Some years ago, my son was thinking of buying a house in the San Fernando Valley and asked my advice about getting an adjustable rate mortgage. I told him to stick to the old fixed rate. Happily, he did. Recently, Alan Greenspan was asked about the adjustable rate mortgage - and sub-prime-driven housing bubble that has brought capitalism's house of cards crashing down all over the globe.

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