Aiming to blunt negative fallout from the closing of Central States Mortgage Corp., the Wisconsin Credit Union League said the problems at CSMC are an anomaly as distinguished from a "healthy growing industry with a strong performance in 2008."

Citigroup's recent profit numbers coupled with a market rally has offered a glimmer of confidence to investors.

Foreclosure filings, bank repossessions and similar actions increased 5.9% last month and were up 29.9% over February 2008, according to a report released today by RealtyTrac, an online seller of foreclosed properties.

For his role in the loss of $65 billion from former clients, Bernard Madoff today pleaded guilty to 11 counts of theft, money laundering, fraud and perjury and now faces up to 150 years in prison.