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FDIC chief presses for government action on 0133 - 1 day ago - WASHINGTON AP - The head of the FDIC is pressing again for more aggressive government action to help millions of home borrowers avert foreclosure, saying federal money is needed to ensure economic recovery. Federal Deposit Insurance Corp. 0133 : ABC Action News

Mortgage applications drop in week - 9 hours ago - Washington The volume of applications for U.S. mortgages decreased last week, falling by a seasonally adjusted 6.2 percent, an industry group said. The Market Composite Index, which measures mortgage loan application volume, fell 6.2 0133 : The Money Times

China leader set to sign Peru trade deal - 1 day ago - When Hu Jintao, China's president, arrives in Lima today for the Asia Pacific Economic Co-operation forum he will be accompanied by the biggest delegation. Twelve ministers and almost 600 business leaders and support staff are escorting the 0133 : Financial Times

Nissan Chief Expects Consolidation - 1 hour ago - LOS ANGELES Nov. 19 - Nissan Motor Co. and Renault SA Chief Executive Carlos Ghosn said Wednesday that he expects the current crisis in the auto industry will soon lead some carmakers to consolidate. Ghosn made his remarks at the Los 0133 : AOL

Top salesmen for financial bailout face grilling - 1 day ago - LIVE VIDEO Treasury Secretary Henry Paulson, Federal Reserve Chairman Ben Bernanke and FDIC Chairman Sheila Bair testify before the House Financial Services Committee on the 700 billion financial bailout plan. WASHINGTON - Treasury 0133 : MSNBC

New rush to modify home loans raises 'moral hazard' issue - 11/10/2008 - As the government and private lenders face more pressure to aid struggling borrowers in a worsening economy, they ll inevitably have to deal with the moral hazard issue They may be encouraging applications for help from people who could 0133 : Los Angeles Times Blogs

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

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