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Detroit Three preparing cuts for Congress, but 0133 - 3 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

Warnings of collapse unheeded - 53 minutes 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 : Newark Star-Ledger

HSBC Raises Hong Kong Mortgage Rates Most in 10 Years 0133 - 53 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

'We may have to restructure loans to textiles, steel, real 0133 - 10 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

Automakers' debt may be obstacle to federal loans - 1 hour 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

Sign up for text alerts - 1 hour ago - Monroe County Sheriff Todd Martin says his office has no choice but to continue processing the record high number of local home foreclosure notices. I'd love to see some type of relief, Martin said Tuesday. None of us want to see people 0133 : Pocono Record

Investor Sues to Block Mortgage Modifications - 8 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

Freddie Mac Increases Support for Ailing Home Loan Market - 11/25/2008 - Freddie Mac increased its support for the nation's ailing home loan market in October, in part playing the role the government desired when it seized the mortgage finance giant. The McLean-based company and its bigger sibling, Fannie Mae of 0133 : Washington Post