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WRAPUP 1-Fed official Buying U.S. debt could help 0133 - 4 hours ago - CHARLOTTE, N.C., Dec 3 Reuters - A senior Federal Reserve official said on Wednesday purchases of government debt might be useful to spur economic growth or halt a deflationary spiral when interest rates are low, while a Fed survey showed 0133 : FXStreet.com

Treasury Eyes Plans to Lower Mortgage Rates - 4 hours ago - The Treasury Department is considering plans being pushed by trade groups to intervene directly into the mortgage market to dramatically force down rates and stimulate the moribund housing market, according to idustry sources familiar wih 0133 : Washington Post

Treasury Considers Plan to Stem Home-Price Decline - 6 hours ago - WASHINGTON The Treasury Department is considering a plan to revitalize the U.S. housing market by reducing mortgage rates for new home loans, according to people familiar with the matter. Henry Paulson The plan, which is in the 0133 : Wall Street Journal

U.S. working on affordable mortgage plan sources - 4 hours ago - WASHINGTON Reuters - The Treasury Department is developing a plan to try to reduce mortgage rates on home loans to 4.5 percent on typical mortgages by expanding its purchases of mortgage backed securities, sources familiar with the plan 0133 : Washington Post

Treasury May Seek to Cut Mortgage Rates Report - 5 hours ago - The Treasury Department may press for a plan to lower mortgage rates on new home loans, according to a report published Wednesday. The Wall Street Journal , citing people with knowledge of the situation, said the plan would use mortgage 0133 : Street.Com

The New York Times Features VA Mortgage Center.com - 8 hours ago - www.vamortgagecenter.com - VA Mortgage Center.com, a private company specializing in VA loans, recently appeared in a New York Times article for its expert knowledge and advice about VA home loans a niche market that is succeeding albeit 0133 : PR Inside

UPDATE 1-US working on affordable mortgage plan-sources - 5 hours ago - WASHINGTON, Dec 3 Reuters - The U.S. Treasury Department is developing a plan to try to reduce mortgage rates on home loans to 4.5 percent on a 30-year mortgage by making fresh investments in those assets, sources familiar with the plan 0133 : Reuters

Delahunt, Hodes seek more aid for homeowners - 6 hours ago - WASHINGTON Two Democratic House members from New England have introduced legislation that would allow the government to force some mortgage lenders to renegotiate loans for homeowners facing foreclosure. Representatives William Delahunt 0133 : Boston Globe