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New York Fed begins buying mortgage securities - 3 hours ago - The Federal Reserve Bank of New York started buying mortgage-backed securities yesterday as part of a 500-billion program to support the U.S. housing market. The New York Fed began purchasing fixed-rate mortgage-backed securities 0133 : Newsday

NY FED BUYS FANNIE, FREDDIE LOANS - 28 minutes ago - The Federal Reserve Bank of New York has begun purchasing mortgage-backed securities in an effort to bolster the battered housing market. The program allows the Fed to spend 500 billion to buy mortgage-backed securities guaranteed by 0133 : New London Day

Buying a 20L home? Check the fine print - 35 minutes ago - NEW DELHI BANGALORE A curious game of 20-20 is being played out in the Indian realty sector, thanks to the government s move to prod banks to cut interest rates for housing loans up to Rs 20 lakh. Across the country, real estate companies 0133 : Economic Times

Chinese banks' mortgage books in good shape-c.bank - 8 hours ago - BEIJING, Jan 6 Reuters - Delinquency rates on Chinese banks' property loans remain low, especially for residential mortgages, despite a downturn in the real estate market, a central bank official said on Tuesday. Banks had extended 2.95 0133 : FXStreet.com

BUSINESS BRIEFS - 3 hours ago - Lions Gate Entertain ment agreed to buy TV Guide Network and TVGuide.com from Macrovision Solutions for 255 million. The deal is expected to close on Feb. 28. It re places a previous pact to sell the properties to an investor group. US 0133 : New York Post

5.7bn scramble to pay off home loans Worried families making 0133 - 12/30/2008 - Homeowners are ploughing money back into their properties at a record pace in an attempt to slash their debts, official figures show. An astonishing 5.7billion in mortgage debt was paid off between July and September this year. The mammoth 0133 : Daily Mail

Business Briefcase - 1 hour ago - Winners of the Doors of Topsfield contest in the business category were fist, Fresh Look Designs Tom Capano, 140 Ipswich Road second, Vernon A. Martin Realtors, 5 Main St. third, Beverly National Bank, 15 Main St. Get In Shape For Women, 0133 : Salem News

Tuition Ammunition a Happy Lesson on Lending - 8 hours ago - Despite a massive federal effort to aid banks and boost the economy, lending has plunged in the last year. Home-mortgage volume and bank loans to big companies are down dramatically. But the government's response is expanding credit in at 0133 : Wall Street Journal