Reuters - American Home Mortgage Investment Corp. said it expects lower income in the first quarter and full year 2007 than previously forecast due to conditions in the secondary mortgage and mortgage-backed securities markets.

AP - Consumers increased their borrowing in February at the slowest pace in four months.

AP - What began as a probe into possible kickbacks to school officials for steering students to preferred lenders has widened to envelop a federal education official and the chancellor of New York's state university system.

Reuters - American Home Mortgage Investment Corp. said it expects lower income in the first quarter and full year 2007 than previously forecast due to conditions in the secondary mortgage and mortgage-backed securities markets.

AP - In an April 5 story about a probe into the student loan industry, The Associated Press reported erroneously that New York Attorney General Andrew Cuomo is investigating Citibank. Citibank already agreed to put $2 million toward a national fund that would educate students and parents about the financial aid industry and is no longer under investigation.

AP - A Department of Education official who oversaw the student loan industry and who owned at least $100,000 worth of stock in a student loan company has been placed on leave, a department spokeswoman said Friday.