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French bank BNP Paribas posts 21 percent increase in third-quarter ...

CNBC - Banks have been hurt by securities they hold that are tied to subprime loans, made to borrowers with poor credit. A sharp pullback in housing prices has tripped up borrowers and sent mortgage defaults higher. That soured debt has come back to haunt ... more

Houston Chronicle - Many markets were driven to their lowest points for the year in mid-August, when the problem of subprime loans _ loans given to people with poor credit histories _ first came to the attention of the broader market. Investors in Japan sold real estate ... more