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Long-term idea for Detroit 3 Think globally for 0133 - 3 hours 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

'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

Mortgage advances slip further - 2 hours ago - Mortgage advances for October continue to decline in year-on-year growth, from 16,6 in September to 16,1 , according to data released by the Reserve Bank. The decline is the continuation of a trend that started in 2006, and is the result 0133 : Witness

Home loan firms not to cut rates - 1 hour ago - A slew of measures by the Reserve Bank of India RBI during the last few weeks may have led to a reduction in home loan rates by public sector banks, but housing financial companies HFCs are in no mood to reduce lending rates. HFCs are 0133 : Business Standard

Repossession promise by RBS is 'PR stunt' say mortgage experts - 37 minutes 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

Ashford Hospitality Trust Adds New Board Member - 1 hour ago - DALLAS BUSINESS WIRE Ashford Hospitality Trust, Inc. NYSE AHT today announced that Thomas E. Callahan has joined the Board of Directors, increasing the total number of directors to eight and independent directors to six. Mr. 0133 : Businesswire.com

Sharply lower loan rates boost home affordability - 2 hours ago - BOSTON MarketWatch The Federal Reserve's plan to spend 600 billion buying mortgages is driving down lending rates and boosting home affordability, which combined with decreasing inventories may signal a 2009 recovery for the battered 0133 : Marketwatch

Bernanke says he erred in gauging mortgage fallout - 1 hour ago - WASHINGTON AP Federal Reserve Chairman Ben Bernanke acknowledges he was wrong in believing that there would be limited fallout to financial markets from risky mortgages that soured after the housing market's collapse. I and others 0133 : Associated Press