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Fewer apply for home loans credit line delinquencies increase - 5 hours ago - Fewer Americans applied for mortgages last week and more have been missing payments on their home equity lines of credit, according to surveys released Wednesday. The Mortgage Bankers Assn. said applications for home loans fell 8.2 last 0133 : Los Angeles Times

PennyMac, Led by Ex-Countrywide Head, Sees Promise in Bad 0133 - 6 hours ago - Jan. 8 Bloomberg Stanford Kurland, the former Countrywide Financial Corp. president, says his new company s purchase of 558 million in home loans issued by a failed Nevada bank will be a springboard for further growth. Private 0133 : Bloomberg

Record consumer-loan delinquencies - 3 hours ago - Late payments on consumer loans in last year's third quarter hit the highest level since record-keeping began in 1980, the American Bankers Association said. The association said delinquencies rose to a seasonally adjusted 2.9 percent from 0133 : Chicago Tribune

U.S. Banks Offer Mortgage Rates Below 5 as Fed Buys 0133 - 1 hour ago - Jan. 8 Bloomberg The largest U.S. banks are starting to offer fixed home loans below 5 percent after the government began buying mortgage securities to bolster the housing market. JPMorgan Chase Co. is advertising 30-year mortgages 0133 : Bloomberg

Pasco receives 400K help from feds - 1 hour ago - A new federal program designed to help cities and counties struggling with home foreclosures will provide Pasco with about 400,000. The Neighborhood Stabilization Program was passed as part of the Housing and Economic Recovery Act of 2008 0133 : Tri-City Herald

Late Loan Payments Hit Record High - 1 hour ago - Boston CBS AP Late payments on consumer loans in last year's third quarter hit the highest level since record-keeping began in 1980, the American Bankers Association said Wednesday. The association said delinquencies rose to a 0133 : WWJ Newsradio 950

In tight market, government still has Rural Development loans 0133 - 1/1/2009 - Although the national credit market is roiling, the U.S. Department of Agriculture still has home loans with affordable monthly payments available to residents. The agency's Rural Development arm is one of the few lenders still offering 100 0133 : MLive.com

Refinancing suddenly booms - 1 hour ago - Historically low interest rates recently have sparked a mortgage refinance boom in Hawai'i that is helping homeowners and lenders during difficult economic times. The national average interest on a 30-year fixed-rate mortgage last week 0133 : Honolulu Advertiser