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Fed invests in mortgage market - 3 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

Attorneys general push to ease bankruptcy rules on mortgages - 4 hours 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

Leading Democrat Offers Mortgage Aid Bill - 52 minutes 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

February 5 Is Deadline To Apply For SBA Economic Injury 0133 - 10 hours ago - ATLANTA BUSINESS WIRE The U.S. Small Business Administration is reminding businesses in Indiana that Economic Injury Disaster Loans are still available to small businesses economically impacted by severe storms and flooding that 0133 : Businesswire.com

Piggyback Mortgages May Cut Modifications, Fed Says Update1 - 12/30/2008 - Dec. 30 Bloomberg Attempts to loosen terms on hundreds of thousands of delinquent home loans may be hindered by so- called piggyback second mortgages that gained popularity during the U.S. housing boom, Federal Reserve researchers 0133 : Bloomberg

Marbella s Billionaire Spent Bribes on Tiger-Guarded Stud Farm - 59 minutes 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

PSU banks fear NPA rise as govt pushes for more loans - 10 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

VW losses pressure Merckle to kill himself - 1 hour ago - FRANKFURT In killing himself German billionaire Adolf Merckle has become the latest casualty of the global financial crisis, his family saying on Tuesday he was broken by the struggle to salvage their business empire. Merckle, who was the 0133 : Saudi Gazette