The U.S. Securities and Exchange Commission is moving to replace existing rules-based accounting standards with principles-based, international ones in filing requirements.

President Bush has signed into law a housing package passed by Congress last week that authorizes the Treasury Department to spend federal funds to rescue Fannie Mae and Freddie Mac if necessary.

A geographic mapping of subprime and Alt-A loans in the Phoenix metropolitan area has revealed some unexpected results: these risky mortgages are not scattered, but cluster in certain cities and neighborhoods.

A firm going public relies on the capital raised in its initial public offering to grow and thrive, but studies have found that IPOs in the United States are underpriced an average of 15 percent.

In Part 5 of our series on the subprime market, real estate finance Professor Anthony Sanders, Jeffrey Coles, chairman of the finance department at the W. P. Carey School of Business and Steven Davidson, vice president, capital market research, Securities Industry and Financial Markets

In Part 3 of our five-part series on the subprime market, real estate finance Professor Anthony Sanders, Jeffrey Coles, chairman of the finance department at the W. P. Carey School of Business and Steven Davidson, vice president, capital market research, for the Securities Industry and

It's understandable that some economic forecasters, spooked by gloomy indicators, say the U.S. is heading into or already in a recession — but they may be overlooking key factors that buffer negative forces, according to Richard Kovacevich, chairman of Wells Fargo & Co.

In Part 2 of our five-part series on the subprime market, real estate finance Professor Anthony Sanders maps the occurrence of subprime loans in the metro Phoenix market.

To sum up where the real estate finance markets are today, Kieran Quinn, chairman and CEO of Column Financial, Credit Suisse's Atlanta-based mortgage lending subsidiary for commercial properties, relied on a poetic quote from an associate: "Things will be fine in 2009." Quinn was speaking at the

The daily headlines are alarming: homeowners are falling behind on mortgage payments at an increasing rate; foreclosures are up steeply. Has the situation ever been this bad before? Well yes, said Jay Brinkmann, chief economist of the Mortgage Bankers Association.