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Consumer loan late payments at 28-year high - 3 hours ago - WASHINGTON NEW YORK Reuters - Soaring unemployment has caused more Americans to fall behind on loan payments than at any time since 1980, and delinquencies are likely to head higher, the American Bankers Association said on Wednesday. It 0133 : Reuters

Subprime lender Cattles cuts jobs and costs - 2 hours ago - 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 who cannot get 0133 : Columbia Missourian

The Blame Game Israel, Hamas, and Civilian Deaths in Gaza - 1 hour ago - Who bears the greatest responsibility for innocent casualties in Gaza? Consider yesterday's deaths of 39 people, many of them civilians, during an Israeli mortar barrage near a United Nations school in Gaza. The Israeli military claims 0133 : US News and World Report

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

Jersey Home Loans - 11 hours ago - But it won t be lending to new customers until the markets pick up. In November the company said it would sell the business if politicians didn t let them look after islanders s savings as a way of raising cash for mortgages. Ministers 0133 : Jersey Insight

Arizona MLS Takes Steps to Solve the Financial Crisis - 2 hours ago - PHOENIX - Business Wire The Arizona Regional Multiple Listing Service ARMLS is taking steps to reverse the downturn in the metropolitan Phoenix real estate market. ARMLS is piloting a collateral risk scoring program for residential 0133 : Earthtimes

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

Falling loan rates not falling enough? - 4 hours ago - Mortgage rates have fallen in the past month but should be even lower if they were following interest rates on U.S. Treasury bonds and bills, housing finance experts say. The lower rates have sparked refinancing of home loans in the 0133 : Democrat and Chronicle