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AP IMPACT Under Pressure, US Eased Lending Rules - 4 hours ago - In this file photo, a foreclosure sign stands on top of a sale sign outside an existing home for sale in the west Denver suburb of Lakewood, Colorado.The Bush administration backed off proposed crackdowns on no-money-down, interest-only 0133 : ABC News

'We may have to restructure loans to textiles, steel, real 0133 - 1 hour 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

Investor Sues to Block Mortgage Modifications - 3 hours ago - 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 an unprecedented lawsuit in U.S. District Court in the Southern District of 0133 : BusinessWeek

Higher Unemployment Will Continue To Strain Prime Borrowers - 2 hours ago - NEW YORK - Dow Jones - Mortgage lenders, credit card issuers and auto lenders are waiting anxiously to see new data on unemployment due out on Friday. Rising unemployment could further batter ailing lenders as it takes a toll on even the 0133 : CNN Money

Berkshire County Real Estate Transactions - 3 hours ago - Wells Fargo Bank National Association, Countrywide Home Loans Servicing LP, Securitized Asset-Backed Receivables LLC 2005-Fr3 Mortg and Countryside GP LLC sold property at 47 Valley St., Adams, for 59,900 to Stephen T. Meczywor. Federal 0133 : Berkshire Eagle

Timeline U.S. Credit Crunch Financial Failures - 5 hours ago - NEW YORK CBS News Wall Street and Main Street have been caught up in credit market turmoil, which began in 2007 with rising defaults on mortgages made to financially shaky borrowers and spread to corporate bonds and other kinds of debt. 0133 : KNx 1070

Falling house prices helping some Whatcom County residents buy 0133 - 5 hours ago - As a global economic storm dominates financial headlines, some Whatcom County residents are still finding affordable ways to borrow money and buy homes as prices moderate. People who were priced out of the market six months to a year ago 0133 : Bellingham Herald

Repossession promise by RBS is 'PR stunt' say mortgage experts - 3 hours ago - RBS, which became part-nationalised last week, has announced that it will not start repossession proceedings against any of their customers unless they are at least six months in arrears. While experts have said this will give struggling 0133 : Daily Telegraph