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PennyMac, Led by Ex-Countrywide Head, Buys FDIC 0133 - 1 hour ago - Jan. 7 Bloomberg Private National Mortgage Acceptance Company LLC , an investor in troubled mortgages run by a former president of Countrywide Financial Corp., bought 558 million of home loans that the Federal Deposit Insurance Corp. 0133 : Bloomberg

Subprime lender Cattles cuts jobs and costs - 7 hours ago - LONDON AP - Subprime lender Cattles PLC said Wednesday it plans to cut 20 percent of its work force and reduce costs to preserve capital as uncertainty over its funding situation continues. Cattles, which specializes in lending to people 0133 : PR Inside

PennyMac, Led by Ex-Countrywide Head, Buys FDIC Loans 0133 - 1 hour ago - Jan. 7 Bloomberg Private National Mortgage Acceptance Company LLC , an investor in troubled mortgages run by a former president of Countrywide Financial Corp., bought 558 million of home loans that the Federal Deposit Insurance Corp. 0133 : Bloomberg

Late Loan Payments Hit Record High - 1 hour 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 Wednesday. The association said delinquencies rose to a seasonally adjusted 2.9 0133 : WJZ

Mortgage applications down in latest survey - 4 hours ago - WASHINGTON AP - Fewer people are diving into the refinancing pool, sending mortgage applications tumbling last week. The Mortgage Bankers Association says its application index fell 8.2 for the week ended last Friday after applications 0133 : KATC 3

ICICI cuts home, auto loan rates 50 bps - 1/1/2009 - The bank s decision came after rate cuts by public sector banks and some of its major private sector rivals like HDFC and HDFC Bank earlier this month. ICICI Bank said it has reduced its floating reference rate FRR for home loans and auto 0133 : Business Standard

Homebuilders push housing aid plan - 1 hour ago - With lawmakers angling to pass an economic recovery package by the middle of next month, desperate homebuilders from around the country flew to Washington to spend Wednesday pushing a 150 billion plan to revive the housing market. The 0133 : Forbes

Homebuilders push to get their housing aid plan into Obama's 0133 - 1 hour ago - WASHINGTON AP With lawmakers angling to pass an economic recovery package by the middle of next month, desperate homebuilders from around the country flew to Washington to spend Wednesday pushing a 150 billion plan to revive the 0133 : Orlando Sentinel