Company CEOs fueled mortgage crisis, new study says

Millions of American families are losing their homes through foreclosures—and the financial turmoil set off by the collapse of the mortgage market could total nearly $1 trillion, according to the International Monetary Fund. Meanwhile, CEOs of companies at the center of the crisis are walking away with big pay.

Legislation would aid some 12,000 Minnesotans facing foreclosure

The foreclosure clock is ticking, Governor Pawlenty. That\’s the message housing activists brought to the Capitol steps Monday, when they kicked off a weeklong series of high-profile actions to pressure lawmakers – and Pawlenty, in particular – into swiftly passing the Subprime Foreclosure Deferment Act.