OC Register - "Are property taxes in subprime soup?" (4-7-07)

"O.C. tax collector says some ailing lenders may be unable to get borrowers' payments to the right place."

Washington Post - "The Subprime Meltdown and the Ownership Society" (4-7-07)

"A huge percentage of the easy-money mortgages issued to low- and moderate-income families in the past few years are going bad. This has led to bankruptcies for the big lenders in this market and millions of dollars in losses. The chain of defaults has also raised concerns about the mortgage and housing market more generally, and a growing number of economists view a recession induced by a housing crash as a distinct possibility."

Contra Costa Times - "Bay Area sees jump in listings for homes" (4-7-07)

"Bay Area home listings rose in March at one of the nation's highest rates, according to a survey released this week by Emeryville-based ZipRealty Inc. The number of homes for sale -- both old and new listings -- increased 12.2 percent in March from February. That's almost twice the 6.5 percent increase of listings in 18 major metropolitan markets served by ZipRealty. The only area that topped the Bay Area was Los Angeles, which had a 12.8 percent inventory increase. Local real estate professionals said there are many reasons a Bay Area seller might have put a home up for sale last month. "