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U.S. Consumer Loan Late Payments At 28-Year High - 4 hours ago - 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 is not going to be a pretty 0133 : Javno

Home-equity loan delinquencies are highest level ever - 2 hours ago - ate payments on home equity loans rose to a record in the third quarter, as consumers remain under stress as unemployment rises and the credit crisis persists, the American Bankers Association reported. Home-equity delinquencies rose to 0133 : Daily Business Review

Marketing into a Meltdown - 4 hours ago - One of the mysteries of today's economic crisis is why Angelo Mozilo, the founder and chief executive of Countrywide at one time America's largest home-mortgage lender failed to rein in his company's risk-taking even as the housing 0133 : Wall Street Journal

Mortgage applications down in latest survey - 1 hour ago - Citigroup Inc C Stock Quote , Chart , News , Add to Watchlist WASHINGTON AP - Mortgage applications fell last week, reflecting a slight dip in refinancing after a surge last month as borrowers seized on lower interest rates. The 0133 : MSN MoneyCentral

Late consumer loan payments hit record high in 3Q - 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 said today. The association said delinquencies rose to a seasonally adjusted 0133 : San Jose Mercury News

ICICI Bank finally cuts home loan rates - 12/31/2008 - MUMBAI ICICI Bank has finally brought down its interest rates on home loans both for existing as well as new customers by 0.5 . In a statement issued here the bank said that it has effected a reduction of 0.50 in its Floating Reference 0133 : Economic Times

Paulson Says Utility Model Better for Fannie, Freddie 0133 - 1 hour ago - Jan. 7 Bloomberg Treasury Secretary Henry Paulson recommended replacing Fannie Mae and Freddie Mac with utility- like companies that would guarantee mortgages without maintaining investment portfolios. A public utility-like mortgage 0133 : Bloomberg

Falling loan rates not falling enough? - 8 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