Reuters - The Bush administration rolled out pricing details on Wednesday for an urgent student loan market stabilization program mandated earlier this month by Congress, with key lawmakers expressing general support.

Reuters - U.S. Rep. Barney Frank on Tuesday said "a fight is brewing" over a Senate agreement to finance a new federal mortgage insurance fund by taking money from a proposed trust fund for affordable housing.

Reuters - Impac Mortgage Holdings Inc , a struggling mortgage lender, said it lost $2.05 billion in 2007, largely because of mounting credit losses tied to higher delinquencies and defaults as the housing market slumped.

AFP - Swiss banking giant UBS said Wednesday it had completed the sale of 15 billion dollars (9.58 billion euros) of subprime and Alt-A US residential mortgage-backed securities to a fund managed by BlackRock.

AFP - Swiss banking giant UBS said on Wednesday it had disposed of US mortgage-related assets for 15 billion dollars (9.58 billion euros), a price that is 30 percent below the nominal value, to a fund managed by US investment group BlackRock.

Reuters - Leaders of the U.S. Senate Banking Committee said on Monday they had reached a deal on legislation to create a multibillion-dollar mortgage rescue fund and a new regulator for housing finance companies Fannie Mae and Freddie Mac.

AP - Unless you're looking carefully, you'll likely miss the fact that the new Asylum Web site for young men is a creation of Time Warner Inc.'s AOL. Same for WalletPop on personal finance, Spinner on indie music and StyleList on fashion.

AFP - US homebuilding showed a surprisingly strong jump in April, signaling a ray of hope amid the rubble of the worst housing slump in decades, according to government data released Friday.