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MORTGAGES Tenth Straight Decline Sends 30-Year 0133 - 1 hour ago - CHICAGO Dow Jones Long-term mortgage rates dropped again this week, with the 30-year fixed-rate mortgage hitting a fourth consecutive record low in the history of Freddie Mac's weekly survey. The 30-year mortgage averaged 5.01 for the 0133 : CNN Money

FDIC sells IndyMac for 13.9 billion - 1/2/2009 - H-P merger Job cuts could spare Rancho Cordova operations Great Fla. Bank foreclosure targets 234 units FDIC finds buyer for IndyMac FDIC close to a sale of IndyMac to private equity investors report Wells, BofA complete big acquisitions 0133 : San Francisco Business Journal

I-Team 10 investigation Car loans forged - 25 minutes 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 - 1 hour 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 - 2 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

Rates fall as Fed buys mortgage securities - 2 hours ago - The government purchases of mortgage securities that began this week appear to be paying off, according to Bloomberg News , which reports that several of the largest U.S. banks have begun offering home loans at fixed rates of 5 percent or 0133 : Providence Business News

Low mortgage rates tough to get - 4 hours ago - Mortgage rates are at their lowest level in decades, but thousands of Bay Area residents are discovering that qualifying for a loan is tougher than it has been in years. Banks are reluctant to lend at favorable rates to all but the most 0133 : Contra Costa Times

First Hangover Of the Year 'Alt-A' Loans - 1/1/2009 - This could be the year when the Alt-A mortgage problem really hits home. For those unfamiliar with this piece of the mortgage rout, Alt-A home loans typically went to borrowers with otherwise fine credit scores, but some other underwriting 0133 : Wall Street Journal