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Federal Reserve tries to bolster housing market - 6 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

Gordon good as gone? Maybe not - 7 hours ago - DEERFIELD A lot has changed for the Bulls since the promising days of 2006-07. Pretty much only one player from that second-round playoff team has continued to perform as productively as he did back then. That player is Ben Gordon, who 0133 : Northwest Herald

Home loans Is switching an option? - 3 hours ago - More middle-class Indians can hope to step on to the housing ladder in '09 as bank loans become cheaper and builders cut prices to release unsold stock. Buy a home in first 3 months of 2009 If you had been flip-flopping over buying a home, 0133 : Economic Times

Builders demand more sops to stimulate demand - 2 hours ago - Grappling with shortage of funds in the housing and realty sector, builders on Tuesday sought the Reserve Bank's intervention to prompt banks to reduce margins on their home loans besides ensuring adequate credit flow to the housing 0133 : Hindustan Times

Builders seek RBI intervention for more sops - 1 hour 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

Regl is wrong to blame Bush - 1 hour ago - Here we go again with Mr. Robert or Bob Regl bashing George Bush. As I recall and as most analyses I've read have stated, it wasn't Bush that pushed the banking system to allow the American Dream to people who would not qualify for home 0133 : Hattiesburg American

PSU banks fear NPA rise as govt pushes for more loans - 46 minutes 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

Fed invests in mortgage market - 3 hours 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