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Long-term idea for Detroit 3 Think globally for 0133 - 1 hour ago - All right, Congress. You are revisiting federal aid to Chrysler LLC, Ford Motor Co. and General Motors Corp. this week. You want a plan to set the U.S. auto industry on the road to long-term health and sustained profits. A short lame-duck 0133 : Detroit Free Press

SE Financial Corp. Announces Fourth Quarter and 2008 Year End 0133 - 2 hours ago - PHILADELPHIA, Dec 01, 2008 BUSINESS WIRE SE Financial Corp. trading symbol SEFL the Company , the holding company for St. Edmond's Federal Savings Bank, announced net income of 212.7 thousand for the three months ended October 0133 : Marketwatch

'We may have to restructure loans to textiles, steel, real 0133 - 58 minutes 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

Challenge to BofA s modified mortgages - 44 minutes ago - Bank of America is facing a legal challenge over a multibillion-dollar promise to modify home loans for 400,000 borrowers, underscoring one of the biggest obstacles to efforts on reducing foreclosures. The suit was filed on Monday in New 0133 : Financial Times

State must end mortgage abuses - 58 minutes ago - Being forcibly removed from one s home is one of the most stressful and devastating events a family can experience. This happens all-too-often in Michigan, as predatory home loans have jeopardized entire communities and seriously damaged 0133 : Detroit Free Press

Investor Sues to Block Mortgage Modifications - 2 hours ago - By Mara Der Hovanesian 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 a lawsuit in New York State Supreme Court alleging 0133 : BusinessWeek

Automakers' debt may be obstacle to federal loans - 1 hour ago - DETROIT AP They'll park some corporate jets, cut executive pay and serve up concessions from the United Auto Workers, but Ford Motor Co., General Motors Corp. and perhaps Chrysler LLC also will have to address massive debts to persuade 0133 : Associated Press

AP review Bush administration backed off calls to crack down 0133 - 4 hours ago - WASHINGTON The Bush administration backed off proposed crackdowns on no-money-down, interest-only mortgages years before the economy collapsed, buckling to pressure from some of the same banks that have now failed. It ignored remarkably 0133 : Naples Daily News