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Mortgage aid falls short, Bush admin official says - 13 hours ago - Two government programs designed to help hundreds of thousands of delinquent borrowers avoid foreclosure are having negligible effects, a top Bush administration official acknowledged Wednesday. One program will be revamped immediately, and 0133 : BusinessWeek

Big 3 Making Little Headway In Push For Bailout - 13 hours ago - WASHINGTON AP Congressional backers of 25 billion in emergency loans to the domestic auto industry are urging colleagues not to punish the Detroit's Big Three automakers for past mistakes. But the heads of the companies seemed to be 0133 : ABC 15 News

Bank Of America CEO Wants Transparency - 1 day ago - DETROIT Bank of America Chief Executive Kenneth Lewis says greater transparency by home lenders and servicing the loans they sell could help fix the nation's foreclosure crisis, which he acknowledges has been far from the financial 0133 : ClickOnDetroit.com

Detroit automakers' rescue stalls in Senate - 4 hours ago - A plan to give troubled U.S. automakers billions of dollars in government-backed loans is on life support, leaving the fate of hundreds of thousands of workers and Detroit's once-venerable car companies hanging in the balance. Senate 0133 : Seattle Times

Mortgage applications drop in week - 13 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

Amlak halts home loans - 4 hours ago - Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of AME Info FZ LLC Emap Limited. Current rating 10 Recommendation Not recommended at all Not recommended Somewhat recommended 0133 : AME Info

Big rate cut unlikely - 4 hours ago - If we know of any customer getting a debtpayment problem, we'll talk to them, Khan Prachuabmoh, president GH Bank, said yesterday. We must ask how much they can pay in monthly instalments, then we'll do debtrestructuring to fit their 0133 : Nation - Thailand

Amlak suspends new mortgage loans - 4 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