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GM, Chrysler scale back glitz at LA auto show - 9 hours ago - LOS ANGELES - Chrysler and General Motors are still showing off their newest vehicles at the Los Angeles Auto Show, but their displays were noticeably quiet Wednesday while Asian and European companies unveiled new models that will likely 0133 : ABC 33/40 News

Citi to modify 20 billion in home loans - 11/10/2008 - NEW YORK CNNMoney.com Citigroup says it will expand its foreclosure prevention efforts and try to keep 130,000 troubled borrowers with 20 billion in mortgages in their homes. The news follows similar initiatives announced earlier this 0133 : CNN Money

Kiwibank, Westpac slash lending rates - 6 hours ago - Kiwibank and Westpac have slashed home loan rates ahead of an expected Reserve Bank interest rate cut in December. On Thursday, Kiwibank cut its home loan rates by up to three quarters of a percent to 7.95 and reduced its fixed rates by 0133 : radionz

Fannie, Freddie soon to drop high limit - 11/10/2008 - Tuesday, November 11, 2008 Starting Jan. 1, the biggest loan on a single-family home that can be purchased by Fannie Mae and Freddie Mac falls to 625,500 from 729,750 in certain high-cost areas including most Bay Area counties. In most of 0133 : San Francisco Gate

Mortgage rates on their way down - Kiwibank joins in - 6 hours ago - Mortgage rates are on the way down today, with two banks - Westpac and Kiwibank, cutting rates in anticipation of another Official Cash Rate cut. Kiwibank says it has today cut its variable home loan rate to 7.95 per cent - what is says is 0133 : New Zealand Herald

Amlak suspends new mortgage loans - 6 hours ago - Dubai Islamic mortgage lender Amlak has suspended new loans, its chief executive said on Wednesday, as the global credit crunch hits the property sector in the Gulf's trading hub. We are reviewing our existing credit policy to ensure 0133 : ArabianBusiness.com

Consumer prices, home starts plunge in October - 6 hours ago - WASHINGTON Reuters - Consumer prices fell at a record pace in October and new-home building slumped to fresh lows, according to government reports on Wednesday that suggested the economy likely is already in a recession that may be long 0133 : Portland Tribune

Paulson shift pressures home lenders, investors - 11/13/2008 - Treasury Secretary Henry Paulson's decision yesterday to not have the US government purchase troubled mortgage-related securities puts more pressure on housing lenders and investors to work out problem loans on their own. Paulson's support 0133 : Boston Globe