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Detroit Three preparing cuts for Congress, but 0133 - 2 hours ago - 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 a skeptical 0133 : Grand Forks Herald

Money Meltdown Came After Banks Fought Off Regulation, 0133 - 2 hours ago - WASHINGTON 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 0133 : The Ledger

'We may have to restructure loans to textiles, steel, real 0133 - 2 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

SE Financial Corp. Announces Fourth Quarter and 2008 Year End 0133 - 4 hours ago - PHILADELPHIA, Dec 01, 2008 BUSINESS WIRE SE Financial Corp. trading symbol SEFL the Company , the holding company for St. Edmond's Federal Savings Bank, announced net income of 212.7 thousand for the three months ended October 0133 : Marketwatch

State must end mortgage abuses - 2 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

Investor Sues to Block Mortgage Modifications - 4 hours ago - By Mara Der Hovanesian The battle over the mass modifications of troubled mortgages has begun in earnest. On Dec. 1, William Frey, a private investor in mortgage-backed securities, filed a lawsuit in New York State Supreme Court alleging 0133 : BusinessWeek

Automakers' debt may be obstacle to federal loans - 3 hours 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

Home loan firms not to cut rates - 3 hours ago - A slew of measures by the Reserve Bank of India RBI during the last few weeks may have led to a reduction in home loan rates by public sector banks, but housing financial companies HFCs are in no mood to reduce lending rates. HFCs are 0133 : Business Standard