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AP IMPACT They warned us, but US eased loan rules - 7 hours ago - WASHINGTON AP The Bush administration backed off proposed crackdowns on no-money-down, interest-only mortgages years before the economy collapsed, buckling to pressure from some of the same banks that have now failed. It ignored 0133 : Associated Press

Onus is on Congress to treat U.S. automakers fairly - 50 minutes ago - Two weeks ago, Congress chastised the CEOs of the three U.S. auto companies for coming to Washington in their private jets to ask for government loans to see them through today s lean times. No doubt, the heads of General Motors Corp., Ford 0133 : Vindicator

Obama taps Clinton, Gates for US 'new dawn' abroad - 1 hour ago - CHICAGO - Barack Obama promised a new dawn of American leadership in a troubled world Monday, announcing a strong-willed national security team headed by Hillary Rodham Clinton, who fought him long and bitterly for the presidency, and 0133 : Philadelphia Inquirer

'We may have to restructure loans to textiles, steel, real 0133 - 5 hours ago - To a certain extent, the slowdown is a correction. Markets were overheated. A correction was indeed the need of the hour. As far as the preparedness of my bank is concerned, I am not at all shaky. We have a sound repayment flow and my 0133 : Business Standard

HSBC Raises Hong Kong Mortgage Rates Most in 10 Years 0133 - 29 minutes ago - Dec. 2 Bloomberg HSBC Holdings Plc raised its Hong Kong mortgage rates by the most in a decade to increase profitability on home loans, adding to pressure on property prices. HSBC, the bank with the most branches in Hong Kong, will 0133 : Bloomberg

Automakers' debt may be obstacle to federal loans - 36 minutes ago - DETROIT AP They'll park some corporate jets, cut executive pay and serve up concessions from the United Auto Workers, but Ford Motor Co., General Motors Corp. and perhaps Chrysler LLC also will have to address massive debts to persuade 0133 : Associated Press

State must end mortgage abuses - 6 hours ago - Being forcibly removed from one s home is one of the most stressful and devastating events a family can experience. This happens all-too-often in Michigan, as predatory home loans have jeopardized entire communities and seriously damaged 0133 : Detroit Free Press

Warnings on home loans were ignored - 1 day ago - The Bush administration backed off proposed crackdowns on no-money-down, interest-only mortgages years before the economy collapsed, buckling to pressure from some of the same banks that have now failed. It ignored remarkably prescient 0133 : Peoria Journal Star