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Fed starts program to buy illiquid mortgage assets - 17 hours ago - WASHINGTON MarketWatch The Federal Reserve Bank of New York on Monday began buying illiquid mortgage-backed securities guaranteed by Fannie Mae and Freddie Mac and Ginnie Mae as part of an earlier announced 500 billion program. The 0133 : Marketwatch

Buying a 20L home? Check the fine print - 7 hours 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 - 7 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

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

Federal Reserve tries to bolster housing market - 3 hours ago - NEW YORK The Federal Reserve Bank of New York said Monday that 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 : Raleigh News & Observer

Tuition Ammunition a Happy Lesson on Lending - 4 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

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

Market Live - 6 hours ago - 11 20 am Manoj Housing Finance Company Ltd's board of directors at its meeting on Jan 5 approved for consideration of the members change of name of the company from MANOJ HOUSING FINANCE COMPANY LTD to INDIA HOME LOANS LTD . The 0133 : Economic Times