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Fed invests in mortgage market - 1 hour 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

Chile inflation slows as prices plunge in December - 4 hours ago - SANTIAGO, Chile AP - Chilean inflation dipped to 7.1 percent last year as the slowing world economy brought the country's biggest one-month price decline in 42 years in December, the government said Tuesday. Inflation slowed from 7.8 0133 : PR Inside

Israeli strike kills at least 30 refugees near UN school in 0133 - 2 hours ago - Defying Israeli and international demands, Hamas militants in Gaza fired more rockets into Israel Tuesday, one of them falling in Gadera. The location was significant to many Israelis since Gadera, about 25 miles north of Gaza, is perceived 0133 : International Herald Tribune

Sharp drop in small business loans - 4 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

Attorneys general push to ease bankruptcy rules on mortgages - 2 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

COMMON PLEAS - 4 hours ago - Chase Home Finance v. Jeffrey C. Watson of East Liverpool foreclosure sought. Countrywide Home Loans v. Daniel and Lori Earich of Salineville, etc foreclosure sought. Bank of New York v. Terri L. Presto of Wellsville, etc foreclosure 0133 : Salem News Online

PSU banks fear NPA rise as govt pushes for more loans - 4 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

Builders demand more sops to stimulate demand - 10 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