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Despite advance warnings of financial crisis, Bush 0133 - 5 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 : New York Daily News

Investor Sues to Block Mortgage Modifications - 1 hour 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

Home repair loans available - 5 hours ago - The city of Knoxville now is accepting loan applications for both minor and major home repairs in an effort to improve older housing stock and surrounding property values within the 16-square-mile Empowerment Zone. Qualified homeowners 0133 : Knoxville News Sentinel

'It's a Wonderful Life' Explains the Financial Crisis - 53 minutes ago - Frank Capra's perennial Christmas movie It's a Wonderful Life is remembered mainly for celebrating civic and familial virtues. George Bailey sacrifices his dreams for those of others, but in the end receives the greatest rewards of all. 0133 : Huffingtonpost.com

Home Loans Prove Increasingly Tricky to Obtain - 11/24/2008 - Rayman Aryan moved to Seattle in September for a good job, with little debt and a high credit score, and was able to put more than 40,000 down on a house. Wells Fargo preapproved him for a mortgage. But after he put up 10,000 in earnest 0133 : HispanicBusiness.com

Despite Recapitalization Efforts by Government, US Banks Still 0133 - 4 hours ago - NEEDHAM, Mass. BUSINESS WIRE As news of the US government s plan of assistance for Citigroup continues to reverberate, new research from TowerGroup analyzes the larger issues facing the recapitalization of the US banking industry. 0133 : Businesswire.com

Mortgage lending sinks as banks continue to hoard cash - 6 hours ago - The official figures from the Bank of England suggest that despite banks being under intense political pressure to start lending to consumers, they approved just 32,000 home loans in October, down from 33,000 in September. This matched 0133 : Daily Telegraph

Repossession promise by RBS is 'PR stunt' say mortgage experts - 1 hour 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