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Long-term idea for Detroit 3 Think globally for 0133 - 3 hours ago - All right, Congress. You are revisiting federal aid to Chrysler LLC, Ford Motor Co. and General Motors Corp. this week. You want a plan to set the U.S. auto industry on the road to long-term health and sustained profits. A short lame-duck 0133 : Detroit Free Press

'We may have to restructure loans to textiles, steel, real 0133 - 3 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

State must end mortgage abuses - 3 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

Mortgage advances slip further - 6 hours ago - Mortgage advances for October continue to decline in year-on-year growth, from 16,6 in September to 16,1 , according to data released by the Reserve Bank. The decline is the continuation of a trend that started in 2006, and is the result 0133 : Witness

JPMorgan to cut 9,200 Washington Mutual jobs - 3 hours ago - NEW YORK Reuters - JPMorgan Chase Co lt JPM.N gt on Monday said it will eliminate about 9,200 jobs at the former Washington Mutual Inc lt WAMUQ.PK gt , which on Sept 25 became the largest U.S. bank to fail. The cuts amount to more than 21 0133 : Washington Post