Copyright (c) 2008 Yahoo! Inc. All rights reserved. http://news.yahoo.com/i/2977 Real Estate en-us Fri, 09 May 2008 19:46:25 GMT 5 142 18 http://news.yahoo.com/i/2977 http://us.i1.yimg.com/us.yimg.com/i/us/nws/th/main_142b.gif http://us.rd.yahoo.com/dailynews/rss/real2/*http://news.yahoo.com/s/nm/20080509/pl_nm/usa_housing_congress_dc nm/20080509/usa_housing_congress_dc Reuters Fri, 09 May 2008 19:46:25 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/real2/*http://news.yahoo.com/s/nm/20080509/pl_nm/usa_housing_congress_dc"><img src="http://d.yimg.com/us.yimg.com/p/nm/20080509/2008_05_08t172904_450x368_us_usa_housing_congress.jpg?x=130&y=106&q=85&sig=BzZqLfHH55lvskp6yYKcwA--" align="left" height="106" width="130" alt="Prospective buyers visit an open house in Alexandria, Virginia, April 6, 2008. The House of Representatives on Thursday approved a bill to create a $300 billion mortgage-insurance fund and provide billions more in homeowner aid to stabilize a housing market shaken by a wave of foreclosures. (Jonathan Ernst/Reuters)" border="0" /></a>Reuters - The White House on Friday set out terms for a possible deal on a housing market rescue plan, as a sweeping package backed by the House of Representatives was on its way to an uncertain greeting in the Senate.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/real2/*http://news.yahoo.com/s/nm/20080509/pl_nm/usa_housing_congress_dc"><img src="http://d.yimg.com/us.yimg.com/p/nm/20080509/2008_05_08t172904_450x368_us_usa_housing_congress.jpg?x=130&y=106&q=85&sig=BzZqLfHH55lvskp6yYKcwA--" align="left" height="106" width="130" alt="photo" title="Prospective buyers visit an open house in Alexandria, Virginia, April 6, 2008. The House of Representatives on Thursday approved a bill to create a $300 billion mortgage-insurance fund and provide billions more in homeowner aid to stabilize a housing market shaken by a wave of foreclosures. (Jonathan Ernst/Reuters)" border="0"/></a></p><br clear="all"/> (Reuters) http://us.rd.yahoo.com/dailynews/rss/real2/*http://news.yahoo.com/s/ap/20080509/ap_on_bi_ge/earns_germany_allianz ap/20080509/earns_germany_allianz AP Fri, 09 May 2008 11:34:46 GMT AP - German insurer Allianz SE said Friday first-quarter net profit fell 65 percent due to difficult market conditions as it wrote down $1.3 billion tied to the U.S. subprime crisis. http://us.rd.yahoo.com/dailynews/rss/real2/*http://news.yahoo.com/s/ap/20080509/ap_on_go_co/congress_housing ap/20080509/congress_housing AP Fri, 09 May 2008 10:56:58 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/real2/*http://news.yahoo.com/s/ap/20080509/ap_on_go_co/congress_housing"><img src="http://d.yimg.com/us.yimg.com/p/ap/20080507/capt.0fd72865c21d4b01b6ce8d7db91f3e1c.pending_home_sales_caps105.jpg?x=130&y=105&q=85&sig=l3MDkY9V.b0Fr71PahsMrQ--" align="left" height="105" width="130" alt="Two men walk by two homes for sale in Palo Alto, Calif., Wednesday, May 7, 2008. An industry group said Wednesday that pending U.S. home sales dropped to a new low in March, signaling the housing slump has yet to bottom out even as the spring sell season gets under way. (AP Photo/Paul Sakuma)" border="0" /></a>AP - Democrats' plans to help hundreds of thousands of homeowners struggling with rising subprime mortgage rates and plummeting house values could be sidetracked by President Bush's threatened veto and the backing of many congressional Republicans.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/real2/*http://news.yahoo.com/s/ap/20080509/ap_on_go_co/congress_housing"><img src="http://d.yimg.com/us.yimg.com/p/ap/20080507/capt.0fd72865c21d4b01b6ce8d7db91f3e1c.pending_home_sales_caps105.jpg?x=130&y=105&q=85&sig=l3MDkY9V.b0Fr71PahsMrQ--" align="left" height="105" width="130" alt="photo" title="Two men walk by two homes for sale in Palo Alto, Calif., Wednesday, May 7, 2008. An industry group said Wednesday that pending U.S. home sales dropped to a new low in March, signaling the housing slump has yet to bottom out even as the spring sell season gets under way. (AP Photo/Paul Sakuma)" border="0"/></a></p><br clear="all"/> (AP) http://us.rd.yahoo.com/dailynews/rss/real2/*http://news.yahoo.com/s/ap/20080508/ap_on_go_co/congress_housing_glance ap/20080508/congress_housing_glance AP Thu, 08 May 2008 17:05:01 GMT AP - Major provisions of housing rescue bills in the House aimed at heading off foreclosures, preventing neighborhood blight and stabilizing the market. http://us.rd.yahoo.com/dailynews/rss/real2/*http://news.yahoo.com/s/ap/20080507/ap_on_bi_ge/pending_home_sales ap/20080507/pending_home_sales AP Wed, 07 May 2008 17:47:35 GMT AP - Pending home sales dropped to a new low in March, an industry group said Wednesday, signaling the housing slump has yet to bottom out even as the spring sell season gets under way. http://us.rd.yahoo.com/dailynews/rss/real2/*http://news.yahoo.com/s/nm/20080507/pl_nm/usa_housing_bush_dc nm/20080507/usa_housing_bush_dc Reuters Wed, 07 May 2008 14:19:12 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/real2/*http://news.yahoo.com/s/nm/20080507/pl_nm/usa_housing_bush_dc"><img src="http://d.yimg.com/us.yimg.com/p/nm/20080507/2008_05_07t101839_450x300_us_usa_housing_bush.jpg?x=130&y=86&q=85&sig=ZO_J4Z0hhf1DnR9EtMOliQ--" align="left" height="86" width="130" alt="U.S. President George W. Bush delivers remarks at an event commemorating Military Spouse Day on the South Lawn at the White House in Washington May 6, 2008. (Jim Young/Reuters)" border="0" /></a>Reuters - President George W. Bush warned that he would veto legislation aimed at shoring up the housing market which is slated for a vote in the U.S. House of Representatives on Wednesday.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/real2/*http://news.yahoo.com/s/nm/20080507/pl_nm/usa_housing_bush_dc"><img src="http://d.yimg.com/us.yimg.com/p/nm/20080507/2008_05_07t101839_450x300_us_usa_housing_bush.jpg?x=130&y=86&q=85&sig=ZO_J4Z0hhf1DnR9EtMOliQ--" align="left" height="86" width="130" alt="photo" title="U.S. President George W. Bush delivers remarks at an event commemorating Military Spouse Day on the South Lawn at the White House in Washington May 6, 2008. (Jim Young/Reuters)" border="0"/></a></p><br clear="all"/> (Reuters) http://us.rd.yahoo.com/dailynews/rss/real2/*http://news.yahoo.com/s/nm/20080507/us_nm/usa_fed_kroszner_dc nm/20080507/usa_fed_kroszner_dc Reuters Wed, 07 May 2008 13:36:05 GMT Reuters - Federal Reserve Board Governor Randall Kroszner said on Wednesday that the Fed would work with a national affordable housing group to help stabilize neighborhoods with high foreclosure rates. http://us.rd.yahoo.com/dailynews/rss/real2/*http://news.yahoo.com/s/ap/20080506/ap_on_bi_ge/economy ap/20080506/economy AP Tue, 06 May 2008 22:22:45 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/real2/*http://news.yahoo.com/s/ap/20080506/ap_on_bi_ge/economy"><img src="http://d.yimg.com/us.yimg.com/p/ap/20080506/capt.37a8345232ef47f788be464aaaefdb2e.economy_caer102.jpg?x=130&y=87&q=85&sig=JnAuEjwFKw8eflW6eKcZjw--" align="left" height="87" width="130" alt="A home advertised as 'Priced to Sell' is shown in Vallejo, Calif., Tuesday, May 6, 2008. (AP Photo/Eric Risberg)" border="0" /></a>AP - The outlook for the housing market darkened further Tuesday as the nation's largest buyer of home mortgages said it racked up more than $2 billion in quarterly losses and forecast a steeper drop in home prices this year.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/real2/*http://news.yahoo.com/s/ap/20080506/ap_on_bi_ge/economy"><img src="http://d.yimg.com/us.yimg.com/p/ap/20080506/capt.37a8345232ef47f788be464aaaefdb2e.economy_caer102.jpg?x=130&y=87&q=85&sig=JnAuEjwFKw8eflW6eKcZjw--" align="left" height="87" width="130" alt="photo" title="A home advertised as 'Priced to Sell' is shown in Vallejo, Calif., Tuesday, May 6, 2008. (AP Photo/Eric Risberg)" border="0"/></a></p><br clear="all"/> (AP) http://us.rd.yahoo.com/dailynews/rss/real2/*http://news.yahoo.com/s/ap/20080506/ap_on_bi_ge/countrywide_hearing ap/20080506/countrywide_hearing AP Tue, 06 May 2008 22:06:56 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/real2/*http://news.yahoo.com/s/ap/20080506/ap_on_bi_ge/countrywide_hearing"><img src="http://d.yimg.com/us.yimg.com/p/ap/20080506/capt.e10e2a8647bf4a0786550cf869848209.countrywide_hearing_dcsw103.jpg?x=88&y=130&q=85&sig=6huA_As4OIKKEh3KkT.VGQ--" align="left" height="130" width="88" alt="Steve Bailey, Senior Managing Director for Loan Administration at Countrywide Financial Corporation, testifies before the Senate Subcommittee on Administrative Oversight and the Courts Tuesday, May 6, 2008, on Capitol Hill in Washington during a hearing on bankruptcy and the foreclosure crisis. (AP Photo/Susan Walsh)" border="0" /></a>AP - Mortgage lender Countrywide Financial Corp., which is under investigation for inflating certain borrowers' fees, acknowledged Tuesday that it has made errors and pledged to take steps to improve its operations.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/real2/*http://news.yahoo.com/s/ap/20080506/ap_on_bi_ge/countrywide_hearing"><img src="http://d.yimg.com/us.yimg.com/p/ap/20080506/capt.e10e2a8647bf4a0786550cf869848209.countrywide_hearing_dcsw103.jpg?x=88&y=130&q=85&sig=6huA_As4OIKKEh3KkT.VGQ--" align="left" height="130" width="88" alt="photo" title="Steve Bailey, Senior Managing Director for Loan Administration at Countrywide Financial Corporation, testifies before the Senate Subcommittee on Administrative Oversight and the Courts Tuesday, May 6, 2008, on Capitol Hill in Washington during a hearing on bankruptcy and the foreclosure crisis. (AP Photo/Susan Walsh)" border="0"/></a></p><br clear="all"/> (AP) http://us.rd.yahoo.com/dailynews/rss/real2/*http://news.yahoo.com/s/nm/20080506/us_nm/ohio_attorneygeneral_impeachment_dc nm/20080506/ohio_attorneygeneral_impeachment_dc Reuters Tue, 06 May 2008 21:57:58 GMT Reuters - Ohio Attorney General Marc Dann, who has been investigating companies involved with subprime mortgages, was under mounting pressure on Tuesday to resign or face possible impeachment in the wake of a sexual harassment probe in the attorney general's office. http://us.rd.yahoo.com/dailynews/rss/real2/*http://news.yahoo.com/s/ap/20080506/ap_on_bi_ge/earns_fannie_mae ap/20080506/earns_fannie_mae AP Tue, 06 May 2008 18:58:22 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/real2/*http://news.yahoo.com/s/ap/20080506/ap_on_bi_ge/earns_fannie_mae"><img src="http://d.yimg.com/us.yimg.com/p/ap/20080506/capt.982af1518e324cc29edb300452ffbc63.fannie_mae_delinquencies_gfx151.jpg?x=75&y=130&q=85&sig=AFAiSF9GbDQ_B.CQqEbYTA--" align="left" height="130" width="75" alt="Chart shows Fannie Mae delinquency rates since January 2007; 1c x 3 3/8 inches; 46.5 mm x 85.7 mm" border="0" /></a>AP - The steeper slide in home prices is accelerating the pace of foreclosures, Fannie Mae said Tuesday as it outlined plans for shoring up its finances following a $2.2 billion first quarter loss.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/real2/*http://news.yahoo.com/s/ap/20080506/ap_on_bi_ge/earns_fannie_mae"><img src="http://d.yimg.com/us.yimg.com/p/ap/20080506/capt.982af1518e324cc29edb300452ffbc63.fannie_mae_delinquencies_gfx151.jpg?x=75&y=130&q=85&sig=AFAiSF9GbDQ_B.CQqEbYTA--" align="left" height="130" width="75" alt="photo" title="Chart shows Fannie Mae delinquency rates since January 2007; 1c x 3 3/8 inches; 46.5 mm x 85.7 mm" border="0"/></a></p><br clear="all"/> (AP) http://us.rd.yahoo.com/dailynews/rss/real2/*http://news.yahoo.com/s/ap/20080506/ap_on_bi_ge/earns_switzerland_ubs ap/20080506/earns_switzerland_ubs AP Tue, 06 May 2008 17:18:33 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/real2/*http://news.yahoo.com/s/ap/20080506/ap_on_bi_ge/earns_switzerland_ubs"><img src="http://d.yimg.com/us.yimg.com/p/ap/20080506/capt.7d13d49693304d249fe3bb9300266982.switzerland_ubs_red101.jpg?x=130&y=88&q=85&sig=Lpe.9D86isW8u1G2T8rpVA--" align="left" height="88" width="130" alt="A Jan. 24, 2008 file photo shows the logo of Switzerland's UBS bank above the entrance to the headquarters in Zurich, Switzerland. Swiss bank UBS AG reported a net loss Tuesday, May 6, 2008 of 11.5 billion Swiss francs (US$10.97 billion; euro 7.1 billion) for the first quarter of this year and announced 5,500 job cuts. This compares with a net profit of 3 billion Swiss francs in the same period last year. The losses translate to 5.63 Swiss francs (US$5.35; euro 3.46) per share, compared with earnings per share of 1.43 Swiss francs in the first quarter of 2007. (AP Photo/Keystone, Martin Ruetschi, File)" border="0" /></a>AP - Swiss bank UBS, hard hit by the U.S. subprime crisis, reported a first-quarter loss of $10.97 billion and said Tuesday it will slash almost 7 percent of its work force.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/real2/*http://news.yahoo.com/s/ap/20080506/ap_on_bi_ge/earns_switzerland_ubs"><img src="http://d.yimg.com/us.yimg.com/p/ap/20080506/capt.7d13d49693304d249fe3bb9300266982.switzerland_ubs_red101.jpg?x=130&y=88&q=85&sig=Lpe.9D86isW8u1G2T8rpVA--" align="left" height="88" width="130" alt="photo" title="A Jan. 24, 2008 file photo shows the logo of Switzerland's UBS bank above the entrance to the headquarters in Zurich, Switzerland. Swiss bank UBS AG reported a net loss Tuesday, May 6, 2008 of 11.5 billion Swiss francs (US$10.97 billion; euro 7.1 billion) for the first quarter of this year and announced 5,500 job cuts. This compares with a net profit of 3 billion Swiss francs in the same period last year. The losses translate to 5.63 Swiss francs (US$5.35; euro 3.46) per share, compared with earnings per share of 1.43 Swiss francs in the first quarter of 2007. (AP Photo/Keystone, Martin Ruetschi, File)" border="0"/></a></p><br clear="all"/> (AP) http://us.rd.yahoo.com/dailynews/rss/real2/*http://news.yahoo.com/s/ap/20080506/ap_on_bi_ge/bonds ap/20080506/bonds AP Tue, 06 May 2008 21:36:01 GMT AP - Treasury bond prices reversed course Tuesday, with investors pulling money out of government bonds to participate in a moderate rally in stocks. http://us.rd.yahoo.com/dailynews/rss/real2/*http://news.yahoo.com/s/ap/20080506/ap_on_bi_ge/bernanke_housing ap/20080506/bernanke_housing AP Tue, 06 May 2008 12:46:13 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/real2/*http://news.yahoo.com/s/ap/20080506/ap_on_bi_ge/bernanke_housing"><img src="http://d.yimg.com/us.yimg.com/p/nm/20080506/2008_05_06t064916_450x300_us_usa_fed_bernanke.jpg?x=130&y=86&q=85&sig=Tbxcze6pmRPQkwLgLaGrQw--" align="left" height="86" width="130" alt="Federal Reserve Chairman Ben Bernanke speaks after receiving the Columbia Business School Distinguished Leader in Government award at the Waldorf-Astoria in New York City, May 5, 2008. (Joshua Lott/Reuters)" border="0" /></a>AP - A rising tide of late mortgage payments and home foreclosures poses considerable dangers to the national economy, Federal Reserve Chairman Ben Bernanke warned anew Monday as he urged Congress to take additional steps to alleviate the problems.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/real2/*http://news.yahoo.com/s/ap/20080506/ap_on_bi_ge/bernanke_housing"><img src="http://d.yimg.com/us.yimg.com/p/nm/20080506/2008_05_06t064916_450x300_us_usa_fed_bernanke.jpg?x=130&y=86&q=85&sig=Tbxcze6pmRPQkwLgLaGrQw--" align="left" height="86" width="130" alt="photo" title="Federal Reserve Chairman Ben Bernanke speaks after receiving the Columbia Business School Distinguished Leader in Government award at the Waldorf-Astoria in New York City, May 5, 2008. (Joshua Lott/Reuters)" border="0"/></a></p><br clear="all"/> (AP) http://us.rd.yahoo.com/dailynews/rss/real2/*http://news.yahoo.com/s/ap/20080505/ap_on_bi_ge/countrywide_financial ap/20080505/countrywide_financial AP Mon, 05 May 2008 20:11:21 GMT AP - Shares of Countrywide Financial Corp. tumbled Monday after one Wall Street analyst said Bank of America Corp. should abandon its proposed takeover of the struggling mortgage lender and another suggested the deal would likely be renegotiated for a lower price. http://us.rd.yahoo.com/dailynews/rss/real2/*http://news.yahoo.com/s/nm/20080505/us_nm/mortgage_probe_dc nm/20080505/mortgage_probe_dc Reuters Mon, 05 May 2008 19:10:11 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/real2/*http://news.yahoo.com/s/nm/20080505/us_nm/mortgage_probe_dc"><img src="http://d.yimg.com/us.yimg.com/p/nm/20080505/2008_05_05t150415_450x300_us_mortgage_probe.jpg?x=130&y=86&q=85&sig=SmAz_Jv3VvC5I2wBZsP4Pg--" align="left" height="86" width="130" alt="An auction sign is displayed in front of a home in Stockton, California February 2, 2008. (Kimberly White/Reuters)" border="0" /></a>Reuters - (Correcting to delete reference to task force working with federal prosecutors in Manhattan, who are not part of the group)</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/real2/*http://news.yahoo.com/s/nm/20080505/us_nm/mortgage_probe_dc"><img src="http://d.yimg.com/us.yimg.com/p/nm/20080505/2008_05_05t150415_450x300_us_mortgage_probe.jpg?x=130&y=86&q=85&sig=SmAz_Jv3VvC5I2wBZsP4Pg--" align="left" height="86" width="130" alt="photo" title="An auction sign is displayed in front of a home in Stockton, California February 2, 2008. (Kimberly White/Reuters)" border="0"/></a></p><br clear="all"/> (Reuters) http://us.rd.yahoo.com/dailynews/rss/real2/*http://news.yahoo.com/s/ap/20080505/ap_on_bi_ge/subprime_task_force ap/20080505/subprime_task_force AP Mon, 05 May 2008 18:52:34 GMT AP - Federal authorities, responding to the subprime-mortgage crisis, have formed a task force to determine if lenders or Wall Street firms participated in fraud. http://us.rd.yahoo.com/dailynews/rss/real2/*http://news.yahoo.com/s/nm/20080504/us_nm/adb_ushousing_dc nm/20080504/adb_ushousing_dc Reuters Sun, 04 May 2008 16:37:19 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/real2/*http://news.yahoo.com/s/nm/20080504/us_nm/adb_ushousing_dc"><img src="http://d.yimg.com/us.yimg.com/p/nm/20080504/2008_05_04t123517_450x300_us_adb_ushousing.jpg?x=130&y=86&q=85&sig=VCUPejx33Csqpi1mNTWf.w--" align="left" height="86" width="130" alt="An auction sign is displayed in front of a home in Stockton, California February 2, 2008. (Kimberly White/Reuters)" border="0" /></a>Reuters - The government must actively intervene in the domestic housing market to fix the subprime mortgage problems that interest rate cuts and tax rebates alone cannot, a Federal Housing Finance Board official said on Sunday.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/real2/*http://news.yahoo.com/s/nm/20080504/us_nm/adb_ushousing_dc"><img src="http://d.yimg.com/us.yimg.com/p/nm/20080504/2008_05_04t123517_450x300_us_adb_ushousing.jpg?x=130&y=86&q=85&sig=VCUPejx33Csqpi1mNTWf.w--" align="left" height="86" width="130" alt="photo" title="An auction sign is displayed in front of a home in Stockton, California February 2, 2008. (Kimberly White/Reuters)" border="0"/></a></p><br clear="all"/> (Reuters) http://us.rd.yahoo.com/dailynews/rss/real2/*http://news.yahoo.com/s/nm/20080503/us_nm/berkshire_buffett_lucci_dc nm/20080503/berkshire_buffett_lucci_dc Reuters Sat, 03 May 2008 18:27:09 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/real2/*http://news.yahoo.com/s/nm/20080503/us_nm/berkshire_buffett_lucci_dc"><img src="http://d.yimg.com/us.yimg.com/p/nm/20080503/2008_05_03t142648_450x281_us_berkshire_buffett_lucci.jpg?x=130&y=81&q=85&sig=ohWmnmRsidayKNfFoWkQPg--" align="left" height="81" width="130" alt="Billionaire financier and Berkshire Hathaway CEO Warren Buffett (2nd L) speaks during the annual shareholders' meeting in Omaha, Nebraska May 3, 2008. (Carlos Barria/Reuters)" border="0" /></a>Reuters - It's part of Warren Buffett's job not just to answer questions from many of the 31,000 people at the annual meeting of Berkshire Hathaway Inc. He also has to entertain.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/real2/*http://news.yahoo.com/s/nm/20080503/us_nm/berkshire_buffett_lucci_dc"><img src="http://d.yimg.com/us.yimg.com/p/nm/20080503/2008_05_03t142648_450x281_us_berkshire_buffett_lucci.jpg?x=130&y=81&q=85&sig=ohWmnmRsidayKNfFoWkQPg--" align="left" height="81" width="130" alt="photo" title="Billionaire financier and Berkshire Hathaway CEO Warren Buffett (2nd L) speaks during the annual shareholders' meeting in Omaha, Nebraska May 3, 2008. (Carlos Barria/Reuters)" border="0"/></a></p><br clear="all"/> (Reuters) http://us.rd.yahoo.com/dailynews/rss/real2/*http://news.yahoo.com/s/nm/20080502/us_nm/usa_economy_bankruptcies_dc nm/20080502/usa_economy_bankruptcies_dc Reuters Fri, 02 May 2008 14:37:02 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/real2/*http://news.yahoo.com/s/nm/20080502/us_nm/usa_economy_bankruptcies_dc"><img src="http://d.yimg.com/us.yimg.com/p/nm/20080502/2008_05_02t125923_450x368_us_usa_economy_bankruptcies.jpg?x=130&y=106&q=85&sig=NMNPgNgWm9sZE46l1HCRqA--" align="left" height="106" width="130" alt="Shoppers on Chicago's Magnificent Mile in a file photo. Bankruptcy filings by U.S. consumers jumped 47.7 percent in April from one year ago as families cope with fallout from the subprime mortgage crisis, the American Bankruptcy Institute said on Friday. (John Gress/Reuters)" border="0" /></a>Reuters - Bankruptcy filings by U.S. consumers jumped 47.7 percent in April from one year ago as families cope with fallout from the subprime mortgage crisis, the American Bankruptcy Institute said on Friday.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/real2/*http://news.yahoo.com/s/nm/20080502/us_nm/usa_economy_bankruptcies_dc"><img src="http://d.yimg.com/us.yimg.com/p/nm/20080502/2008_05_02t125923_450x368_us_usa_economy_bankruptcies.jpg?x=130&y=106&q=85&sig=NMNPgNgWm9sZE46l1HCRqA--" align="left" height="106" width="130" alt="photo" title="Shoppers on Chicago's Magnificent Mile in a file photo. Bankruptcy filings by U.S. consumers jumped 47.7 percent in April from one year ago as families cope with fallout from the subprime mortgage crisis, the American Bankruptcy Institute said on Friday. (John Gress/Reuters)" border="0"/></a></p><br clear="all"/> (Reuters)