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Investors snap up mortgages Assets of failed bank 0133 - 9 hours ago - WASHINGTON A group of private investors including former executives of Countrywide Financial Corp. has purchased 558 million in home mortgages from the government in a deal involving assets of the failed First National Bank of Nevada, 0133 : Las Vegas Review Journal

ECB chief suggests rate cut near - 10 hours ago - FRANKFURT- EUROPEAN Central Bank president Jean-Claude Trichet highlighted slumping economies and a pessimistic 2009 growth forecast in an interview released late on Wednesday, raising chances for an interest rate cut next week. 'It's clear 0133 : Straits Times

Citigroup talking with key senators on mortgage bankruptcy 0133 - 56 minutes ago - WASHINGTON AP Citigroup Inc. is in advanced talks with lawmakers on a plan to let bankruptcy judges alter home loans in an effort to prevent foreclosures, a person briefed on the matter said Thursday. Until now, the banking industry has 0133 : Los Angeles Times

I-Team 10 investigation Car loans forged - 1 hour ago - The Geneva Resale Center bills itself as the home of the guaranteed credit approval but the dealership is now under criminal investigation for making several questionable loans. I didn't know what to think. Cindy Hardman of Waterloo says 0133 : WHEC TV-10

Bank of Ireland stops selling mortgages in UK - 2 hours ago - Bank of Ireland , which is getting a government bailout, said it won t take on any new home loans in the U.K. through mortgage intermediaries. Bank of Ireland will reduce its 29 billion 32 billion U.K. mortgage book over an extended 0133 : Independent

U.S. Banks Offer Mortgages Below 5 After Fed Action Update1 - 3 hours ago - Jan. 8 Bloomberg The largest U.S. banks are starting to offer fixed home loans below 5 percent after the government began buying mortgage securities to bolster the housing market. JPMorgan Chase Co. is advertising 30-year mortgages 0133 : Bloomberg

U.S. banks offer mortgage rates below 5 as Fed buys 0133 - 3 hours ago - he largest U.S. banks are starting to offer fixed home loans below 5 percent after the government began buying mortgage securities to bolster the housing market. JPMorgan Chase is advertising 30-year mortgages as low as 4.75 percent on its 0133 : Daily Business Review

Insight Learn from a stay at Bad Credit Hotel - 2 hours ago - Don t let your credit put you in a bad place. This sound advice comes from the US Treasury department, which is tackling financial illiteracy among young Americans and encouraging them to control their credit. The campaign was launched 0133 : Financial Times