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Mortgage Applications Surge On Low Rates - 15 hours ago - Washington, DC AHN - Mortgage applications surged for the week ending Nov. 28 as rates for home loans made their biggest weekly drop on record due to the latest government lending and mortgage asset buying programs. The Mortgage Bankers 0133 : All Headline News

Treasury Eyes Plans to Lower Mortgage Rates - 8 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

Bank rescue plans bolstered - 20 hours ago - LONDON The government is to strengthen the regulation of its banking system by giving the Bank of England powers to step in as soon as a bank begins to show signs of financial trouble. But the annual Queen's Speech which sets out the 0133 : International Herald Tribune

New Star Swaps 354 Million Debt, Banks Get 75 Stake 0133 - 12 hours ago - Dec. 3 Bloomberg New Star Asset Management Plc , the fund manager started by John Duffield in 2000, said lenders will take control after its share price dropped 95 percent in three months. Banks led by HBOS Plc and Lloyds TSB Group Plc 0133 : Bloomberg

US working on affordable mortgage plan - sources - 1 hour ago - WASHINGTON Reuters - The U.S. 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 0133 : Reuters India

PRESS DIGEST - Russia - Dec 4 - 1 hour ago - - Russia's authorities have admitted there were problems with mortgage payments, the daily says in connection with official statements that the government will support citizens who fail to pay their home loans. - Russia's government plans 0133 : Reuters

US rescue plan to push down home loan rates - 7 hours ago - The US Treasury is working on a new plan to help revive the ailing housing market by reducing mortgage rates on new home loans, according to people briefed on the situation. The plan, which is at preliminary stages and could change, would 0133 : Financial Times

UPDATE 2-US working on affordable mortgage plan-sources - 7 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 typical mortgages by expanding its purchases of mortgage backed securities, sources familiar 0133 : FXStreet.com