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US widens help for homeowners - 20 hours ago - Department of Housing and Urban Development Secretary Steve Preston announced changes that aim to expand participation in the new Hope for Homeowners program. Launched Oct. 1, the program is off to a slow start, with the government 0133 : Cincinnati.com

Thrifts have 4 billion third-quarter loss OTS - 20 hours ago - WASHINGTON Reuters - U.S. savings and loan losses and provisions for soured loans declined in the third quarter, the industry's regulator said on Thursday, releasing figures that excluded Washington Mutual, the nation's biggest thrift 0133 : Reuters

Quick Hits Fannie, Freddie Suspend Foreclosures for Yuletide 0133 - 1 hour ago - Fannie Mae FNM and Freddie Mac FRE , the mortgage-finance companies at the center of the current economic mess, wish you a happy holiday season. The government-sponsored enterprises will suspend foreclosures and evictions from November 0133 : MSN MoneyCentral

Harkin Bankruptcy best idea for Big Three - 1 hour ago - With his job secured for six years, junior Sen. Tom Harkin is taking advantage of the lame-duck session to get a head start on the 2009 agenda. Even before the news that his majority party would not bring forward a vote on an automobile 0133 : Hawk Eye

Corporate bosses often take private jets - 3 hours ago - Some in Congress pounced this week on what they view as the hypocrisy of auto executives flying on corporate jets to Washington to ask for public help. Corporations insist that riding on private planes is not a lavish perk, but rather a 0133 : Miami Herald

A simple plan to fix the economy - 1 hour ago - The current lack of direction from Treasury Secretary Paulson on the 700 billion plan to relieve the US banking system of bad loans had me thinking the other day. Why not just mandate an option to home owners that all current homesteaded 0133 : Timberjay Newspapers

FDIC May Exclude Shortest-Term Loans From Debt Plan Update1 - 4 hours ago - Nov. 21 Bloomberg U.S. bank regulators may exclude the shortest-term loans from a 1.4 trillion debt-insurance program, helping the Federal Reserve avoid further unpredictable swings in the country's main interest rate. Federal Deposit 0133 : Bloomberg

FDIC May Exclude Shortest-Term Loans From Debt Plan Correct - 4 hours ago - Nov. 21 Bloomberg U.S. bank regulators may exclude the shortest-term loans from a 1.4 trillion debt-insurance program, helping the Federal Reserve avoid further unpredictable swings in the country's main interest rate. Federal Deposit 0133 : Bloomberg