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Obama plans to keep Republican FDIC chair Bair 0133 - 2 hours ago - WASHINGTON Reuters - Democratic President-elect Barack Obama intends to retain Federal Deposit Insurance Corp head Sheila Bair, who has pushed for fast mortgage modifications, according to a report on Wednesday. Citing Democratic 0133 : Boston Globe

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 : CBS 3 Philadelphia

Late loan payments hit a record high - 3 hours ago - BOSTON - 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 ABA said Wednesday. The association said delinquencies rose to a seasonally 0133 : MSNBC

Homebuilders push housing aid plan - 1 hour ago - WASHINGTON 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 0133 : San Jose Mercury News

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 : Newsday

US Rep Frank outlines limits of further TARP funds - 30 minutes ago - WASHINGTON, Jan 7 Reuters - Top U.S. banking executives could see their bonuses curtailed while troubled homeowners could count on getting more direct government aid when Congress authorizes new financial rescue funds, the chairman of the 0133 : Reuters

Arrowhead Credit Union closes four branches, trying to avoid 0133 - 3 hours ago - The San Bernardino-based financial institution announced Tuesday it's closing four branches and plans to lay off 20 employees, unless it can find other positions for them. We don't know how long this thing is going to go, so we're trying 0133 : Inland Valley Daily Bulletin