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Obama plans to keep Republican FDIC chair Bair 0133 - 2 hours ago - WASHINGTON Reuters - Democratic President-elect Barack Obama intends to retain Federal Deposit Insurance Corp head Sheila Bair, who has pushed for fast mortgage modifications, according to a report on Wednesday. Citing Democratic 0133 : Boston Globe

PennyMac, Led by Ex-Countrywide Head, Buys FDIC Loans 0133 - 58 minutes ago - Jan. 7 Bloomberg Private National Mortgage Acceptance Company LLC , an investor in troubled mortgages run by a former president of Countrywide Financial Corp., bought 558 million of home loans that the Federal Deposit Insurance Corp. 0133 : Bloomberg

Jersey Home Loans - 11 hours ago - But it won t be lending to new customers until the markets pick up. In November the company said it would sell the business if politicians didn t let them look after islanders s savings as a way of raising cash for mortgages. Ministers 0133 : Jersey Insight

Arizona MLS Takes Steps to Solve the Financial Crisis - 1 hour ago - PHOENIX - Business Wire The Arizona Regional Multiple Listing Service ARMLS is taking steps to reverse the downturn in the metropolitan Phoenix real estate market. ARMLS is piloting a collateral risk scoring program for residential 0133 : Earthtimes

Late Loan Payments Hit Record High - 58 minutes ago - 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 Wednesday. The association said delinquencies rose to a seasonally adjusted 2.9 0133 : WJZ

Falling loan rates not falling enough? - 3 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

Late loan payments hit a record high - 2 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 ABA said Wednesday. The association said delinquencies rose to a seasonally 0133 : MSNBC

ICICI cuts home, auto loan rates 50 bps - 1/1/2009 - The bank s decision came after rate cuts by public sector banks and some of its major private sector rivals like HDFC and HDFC Bank earlier this month. ICICI Bank said it has reduced its floating reference rate FRR for home loans and auto 0133 : Business Standard