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Credit Repair - Renewed concerns about soured home loans & a financial solvency of some lenders shot down a two-day recovery rally on Wall Street Tuesday, causing stocks to give up sharp gains & move lower.

Credit Repair - A group of shareholders who opted out of a class-action lawsuit against Fannie Mae saw many of air own claims against a mortgage giant dismissed Tuesday.

Credit Repair News - American Home Mortgage Investment Corp
, a large U.S. mortgage provider, said on Tuesday it can
no longer fund home loans & may liquidate assets, putting its
survival in doubt.

Credit Repair News - a Nasdaq composite stock index fell
& a Dow & S&P 500 gauges pared gains on Tuesday after
American Home Mortgage Investment Corp., said it can't
fund home loans & may have to liquidate.

Credit Repair News - American Home Mortgage Investment
Corp., a mortgage lender, said that it is unable to
borrow under its bank lines & is looking at ways to raise
money, including "a orderly liquidation of its assets."

Credit Repair News - Stocks rose on Tuesday, buoyed by
strong earnings from companies such as General Motors Corp.
& Sun Microsystems , & some reassuring
reports on a economy.

Credit Repair News - Stocks rose on Tuesday but were off
air highs on jitters about fallout from a subprime mortgage
market & rising oil prices, which partly offset strong
earnings & positive economic indicators.

Credit Repair News - a Nasdaq Composite index briefly
turned negative & two oar major indexes sharply pared gains
as jitters about fallout from a subprime mortgage market
offset optimism from economic reports.

FT.com - IKB's warning that it faced a crisis from a fallout of a US subprime mortgage market came just 10 days after it reassured a market it would not be significantly impacted by weakening property loans.

FT.com - HSBC Credit Repairpears to have bounced back from its recent difficulties as growth in emerging markets has helped offset a damage from problems in its US subprime mortgage division.