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UPDATE 1-U.S. housing agency loosens foreclosure aid rules - 13 hours ago - WASHINGTON, Nov 19 Reuters - The U.S. Department of Housing and Urban Development will loosen terms of its foreclosure-prevention effort so that the program, meant to backstop 300 billion in home loans, can be more effective, the agency 0133 : FXStreet.com

UPDATE 2-Commercial mortgages seen at risk as economy weakens - 13 hours ago - NEW YORK, Nov 19 Reuters - Bonds and stocks with exposure to commercial real estate cratered on Wednesday on fears the fast-weakening U.S. economy could lead to a wave of defaults on loans for office buildings, retail stores and hotels. 0133 : FXStreet.com

HUD updates its loan process - 11/13/2008 - The Department of Housing and Urban Development yesterday announced reforms to help consumers find low-cost home loans and avoid excessive fees. In updating the Real Estate Settlement Procedures Act, HUD will require lenders and mortgage 0133 : San Diego Union-Tribune

Loan modification plan shelved - 11/9/2008 - In a setback for homeowners menaced by a troublesome mortgage, Wachovia Corp. has abruptly terminated a program with several mortgage companies that would have allowed consumers to restructure their home loans to avoid a foreclosure. 0133 : Contra Costa Times

Bailout effort changes course - 11/13/2008 - The facts changed and the situation worsened, Treasury Secretary Henry Paulson said at a news briefing, explaining the administration s switch from its original plan to help financial institutions by buying up troubled assets, primarily 0133 : Worcester Telegram & Gazette

Economics pushing more middle class people to seek aid - 8 hours ago - There's a sense of urgency in Yadira Gomez's voice as she outlines the crises facing the families she helps at the Share Our Selves, a social service agency in Costa Mesa. Two to three families a day walk into the nonprofit's crowded 0133 : Orange County Register

Paulson shift pressures home lenders, investors - 11/13/2008 - Sheila Bair, the chairwoman of the Federal Deposit Insurance Corp. An FDIC initiative to rewrite problem loans for customers of the failed IndyMac Bank was applauded by Treasury Secretary Henry Paulson as a potential model for helping 0133 : Boston Globe

U.S. administration cuts back mortgage relief plan - 11/13/2008 - WASHINGTON The administration of George W. Bush is backing away from proposals to have the government refinance a broad swath of U.S. homeowners who face foreclosure after taking out subprime mortgages and other high-risk loans over the 0133 : International Herald Tribune