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New York Fed begins buying mortgage securities - 3 hours ago - The Federal Reserve Bank of New York started buying mortgage-backed securities yesterday as part of a 500-billion program to support the U.S. housing market. The New York Fed began purchasing fixed-rate mortgage-backed securities 0133 : Newsday

Home loans Is switching an option? - 1 hour 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

NY FED BUYS FANNIE, FREDDIE LOANS - 41 minutes ago - The Federal Reserve Bank of New York has begun purchasing mortgage-backed securities in an effort to bolster the battered housing market. The program allows the Fed to spend 500 billion to buy mortgage-backed securities guaranteed by 0133 : New London Day

Buying a 20L home? Check the fine print - 48 minutes ago - NEW DELHI BANGALORE A curious game of 20-20 is being played out in the Indian realty sector, thanks to the government s move to prod banks to cut interest rates for housing loans up to Rs 20 lakh. Across the country, real estate companies 0133 : Economic Times

Builders demand more sops to stimulate demand - 34 minutes 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

Fed invests in mortgage market - 1 hour 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

PSU banks fear NPA rise as govt pushes for more loans - 5 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

Taiwan moves to save chipmakers - 1 hour ago - The Taiwanese government is moving closer to a 6bn bailout of the country's chipmakers who are suffering from the credit crunch and falling prices for DRAM despite production cuts. There are also rumours that the Taiwanese government could 0133 : The Register