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Sharp drop in small business loans - 10 hours ago - CNNMoney.com The credit freeze afflicting America's small businesses shows no signs of thawing. In the last three months of 2008, the Small Business Administration's flagship loan-guarantee program backed less than half the number of 0133 : CNN Money

GMAC to keep making home loans - 12/29/2008 - GMAC's mortgage-lending unit will continue to make home loans after the company receives a promised 6 billion federal bailout. We will continue to originate mortgage products that can move in the secondary market, GMAC spokeswoman Gina 0133 : Minneapolis Star Tribune

New York Fed starts 500bn home loans aid - 1/4/2009 - The Federal Reserve Bank of New York on Monday said it had started its 500bn plan to drive down US mortgage rates by buying securities guaranteed by Fannie Mae, Freddie Mac and Ginnie Mae, the government-run mortgage financiers. Mortgage 0133 : Financial Times

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 : Santa Cruz Sentinel

Blumenthal Bill Targets Foreclosure-Rescue Schemes - 43 minutes ago - With foreclosures at record levels in Connecticut, the attorney general on Tuesday proposed legislation aimed at protecting consumers from foreclosure-rescue and other personal finance schemes that promise help for a fee, but don't deliver. 0133 : Hartford Courant

Leading Democrat Offers Mortgage Aid Bill - 3 hours ago - The second-ranking Democrat of the U.S. Senate on Tuesday introduced legislation that would let bankruptcy judges erase some mortgage debt in an effort to stem foreclosures. The bill drafted by Sen. Richard Durbin would help millions of 0133 : Post Chronicle

Lyondell, U.S. Chemical Maker, Files Bankruptcy Update2 - 4 hours ago - Jan. 6 Bloomberg Lyondell Chemical Co. , an affiliate of LyondellBasell Industries AF SCA, one of the world s largest closely held chemical producers, filed for bankruptcy protection in New York. Lyondell Chemical, based in Houston, 0133 : Bloomberg

Marbella s Billionaire Spent Bribes on Tiger-Guarded Stud Farm - 3 hours ago - Jan. 7 Bloomberg As an urban planning adviser in the sun- drenched Spanish resort town of Marbella, Juan Antonio Roca had after- tax income of less than 150,000 euros a year. When he was arrested for corruption in March 2006, police 0133 : Bloomberg