BusinessWeek Online - According to the Mortgage Bankers Assn., an industry trade group, delinquencies in mortgages of all types rose to about 5% in the fourth quarter of 2006, the highest level of late payments since the second quarter of 2003. Actual foreclosures edged up to 1.2%. In the subprime segment of the market, the scenario was decidedly worse. Delinquency rates rose to 13.3% in the fourth quarter of 2006, while the foreclosure rate climbed to 4.5%.

Reuters - New York Attorney General Andrew Cuomo urged Congress on Wednesday to reform the nation's troubled student loan system and accused the U.S. Education Department of being "asleep at the switch."

The Motley Fool - There are several ways you might be able to save money on the next mortgage you secure.

AP - New York Attorney General Andrew Cuomo announced Wednesday that two more student lenders have agreed to abide by a code of conduct designed to protect students from questionable college lending practices.

Reuters - New York State Attorney General Andrew Cuomo urged Congress on Wednesday to reform the nation's troubled student loan system and accused the U.S. Education Department of being "asleep at the switch."

Reuters - Not everyone handles their money badly. In fact, most people manage to make smart financial decisions for themselves and their families, even if they aren't always buying low, selling high, and getting the best deal ever.

AP - The government set a one-day record for collections of personal income taxes, taking in $48.7 billion, the Treasury Department announced Wednesday.

FT.com - When the bubble in US subprime mortgage lending burst earlier this year, the turmoil in a relatively small market seemed a world away from the whizzkids who worked in global financial markets.