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Home values plunge again in Stanislaus County, Calif. - 21 minutes ago - Home sales prices took another tumble in October, as the three-year slide in home values continued. Stanislaus County homes sold for a median 161,500 last month, which was 17,500 below September. Home prices have dropped a staggering 59.2 0133 : TMCnet

Underwater, many homeowners struggle to pay loans - 21 minutes ago - WASHINGTON Think of them as the walking wounded The homeowners who are upside down on their mortgages, owing much more than their home is now worth. But they re still on their feet and still sending their payments each month. In this 0133 : Providence Journal

GM, Chrysler making deep cuts to hold on for loans - 1 hour ago - DETROIT AP When Chrysler was near death and awaiting a government bailout in 1979, then-CEO Lee Iacocca ordered drastic spending cuts and required all checks above 1,000 to be approved by a senior vice president. Chrysler LLC and 0133 : Associated Press

Mortgage Modification Legal Network Seminar Series a 0133 - 2 hours ago - LADERA RANCH, Calif. - Business Wire On Thursday Night, November 20 at 7 00 there was standing room only for homeowners gathered to learn how they can modify their mortgages to bring their home loans back into an affordable range for 0133 : Earthtimes

Fitch Assigns Litton A Resi Primary Alt-A Servicer Rating - 3 hours ago - NEW YORK BUSINESS WIRE Fitch Ratings has taken the following rating actions on Litton Loan Servicing, LP's Litton U. S. residential servicer ratings Primary servicer rating for Alt-A product assigned at 'RPS1' Primary servicer 0133 : Businesswire.com

Fitch Affirms Merrill Lynch Mortgage Trust 2008-C1 Assigns 0133 - 1 hour ago - CHICAGO BUSINESS WIRE Fitch Ratings affirms the following classes of Merrill Lynch Mortgage Trust 2008-C1 and assigns Outlooks as follows 16.9 million class A-1 at 'AAA' Outlook Stable 55.6 million class A-2 at 'AAA' Outlook 0133 : Businesswire.com

FDIC lays out broad home loan modification plan - 11/14/2008 - WASHINGTON Reuters - The federal agency that insures most U.S. bank deposits unveiled a plan to prevent about 1.5 million home mortgage foreclosures by promising to share any losses with mortgage companies that agree to refinance certain 0133 : Reuters

UPDATE 1-FDIC lays out broad home loan modification plan - 11/14/2008 - WASHINGTON, Nov 14 Reuters - The Federal Deposit Insurance Corp on Friday unveiled a plan to prevent about 1.5 million foreclosures by promising to share any losses with mortgage companies that agree to refinance certain home loans. The 0133 : Reuters