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Fed invests in mortgage market - 13 hours ago - The program, initially announced Nov. 25, allows the Fed to spend 500 billion to buy mortgage-backed securities guaranteed by mortgage giants Fannie Mae and Freddie Mac and another 100 billion to directly purchase mortgages held by 0133 : Cincinnati.com

General Motors May Not Require Further U.S. Loans to Survive - 2 hours ago - Jan. 7 Bloomberg General Motors Corp. has enough government loans to cover the worst-case scenario it described last month and says it won t need more if the economy holds up. The U.S. Treasury has pledged as much as 13.4 billion in 0133 : Bloomberg

Falling loan rates not falling enough? - 2 hours ago - Mortgage rates have fallen in the past month but should be even lower if they were following interest rates on U.S. Treasury bonds and bills, housing finance experts say. The lower rates have sparked refinancing of home loans in the 0133 : Democrat and Chronicle

AmTrust submits turnaround plan to regulators - 45 minutes ago - After being cited for unsound banking practices and losing money the last two quarters, Cleveland's AmTrust said Tuesday that it has submitted a turnaround plan to regulators. Spokeswoman Donna Winfield said the plan was submitted Monday to 0133 : Cleveland Plain Dealer

Mortgage misery as banks begin to hike rates - 1 hour ago - Homeowners are being tested in a tightening market Most mortgage lenders are set to raise the interest rates they charge their customers next year. The bad news for homeowners comes after AIB yesterday became the fourth bank in a month to 0133 : Independent

Rates are low, but loans difficult to get - 1 day ago - Mortgage rates are at their lowest level in decades, but thousands of Silicon Valley residents are discovering that qualifying for a loan is tougher than it has been in years. Banks are reluctant to lend at favorable rates to all but the 0133 : San Jose Mercury News

Arrowhead Credit Union closes four branches, trying to avoid 0133 - 1 hour ago - The San Bernardino-based financial institution announced Tuesday it's closing four branches and plans to lay off 20 employees, unless it can find other positions for them. We don't know how long this thing is going to go, so we're trying 0133 : Inland Valley Daily Bulletin

Credit crunch the big picture - 2 hours ago - All week, you've been hearing about subprime this, and asset-backed that, and commercial paper whatever. Here's the big picture the stock market has been going strong for years. This pullback is a natural and expected result some say it 0133 : Toronto Star