Is Wells Fargo getting back into subprime mortgages? – Wells Fargo is once again setting sail on subprime mortgage waters, despite how choppy they were several years ago. The bank will consider mortgage applicants with credit scores as low as 600, announced Franklin Codel, a Wells Fargo mortgage executive. Previously, the minimum was 640, and this change applies to purchase mortgages to be guaranteed by the Federal Housing Administration.

Shanghai to launch mediation system for medical disputes – Shanghai will introduce a directive next month to help ease the increasingly acute relationship between patients and doctors, which has resulted in death or injury to medical staff in recent cases.

Why Consumers Could Benefit From Energy Future Holdings’ Bankruptcy – Creditors are once again threatening to pull the plug on Energy Future Holdings, Texas’ largest electric company. After averting a bankruptcy filing last fall, creditors have failed to reach an agreement, and bankruptcy appears imminent, the Wall Street Journal reported.