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Attorneys general push to ease bankruptcy rules on mortgages - 1 hour ago - Arizona is joining other states asking Congress to liberalize bankruptcy rules so judges can modify home loans to help reduce foreclosures. Arizona Attorney General Terry Goddard has joined the attorneys general from 21 other states in the 0133 : Phoenix Business Journal

Fed invests in mortgage market - 46 minutes ago - NEW YORK - The Federal Reserve Bank of New York said Monday it has begun purchasing mortgage-backed securities in an effort to bolster the battered housing market. The program, initially announced Nov. 25, allows the Fed to spend 500 0133 : Cincinnati.com

COMMON PLEAS - 3 hours ago - Chase Home Finance v. Jeffrey C. Watson of East Liverpool foreclosure sought. Countrywide Home Loans v. Daniel and Lori Earich of Salineville, etc foreclosure sought. Bank of New York v. Terri L. Presto of Wellsville, etc foreclosure 0133 : Salem News Online

PSU banks fear NPA rise as govt pushes for more loans - 3 hours ago - Finance Secretary Arun Ramanathan On Monday had a meeting with top officials from state-owned banks, including the State Bank of India, to review credit offtake during December 5-19. The government wants us to clear all proposals loans 0133 : Business Standard

Builders seek RBI intervention for more sops - 9 hours ago - At a meeting with the Reserve Bank today here, builders are understood to have demanded 'more measures' from the central bank to provide relief to the cash-starved realty sector through proactive actions from banks. Banks are reluctant to 0133 : Zee News

Canada 2009 house sales seen falling, rebounding - 1 hour ago - TORONTO, Jan 6 Reuters - Canadian home prices will slip and sales will slow in the first half of this year but may rebound in the second half, Royal LePage Real Estate Services said in its 2009 forecast on Tuesday. Royal LePage, Canada's 0133 : Reuters

Truckers stir to hit economy - 3 hours ago - Recently the country has faced adverse effect of inflation. Hike in prices of petroleum oil has badly hit the world economy. Global slowdown led to decrease in job opportunities. The increase in prices of petrol-diesel had jacked up 0133 : Central Chronicle

Property owners see value of homes falling survey - 32 minutes ago - PROPERTY owners are expecting the value of their homes to decline in the next quarter, according to a survey conducted jointly by the Mortgage and Finance Association of Australia and BankWest. About 60 per cent of the 700-plus respondents 0133 : The Australian