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Treasury Considers Plan to Stem Home-Price Decline - 51 minutes 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

Delahunt, Hodes seek more aid for homeowners - 1 hour 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

Blame it on cash crunch, NBFCs stall fresh loans - 1 hour ago - Reliance Capital, one of the leading Indian NBFCs, has cut disbursements sharply across different segments over the past few weeks. The NBFC arms of other business groups, including Indiabulls, have also stopped all disbursements due to the 0133 : Economic Times

Mortgage Applications Up, But Are They 'Real'? - 1 hour ago - It should come as no surprise to anyone that mortgage applications would surge last week, after the Fed announced it would buy GSE debt and mortgage-backed securities. Interest rates on the 30-year fixed dropped nearly a full percentage 0133 : CNBC

Financial industry pushes for lower mortgage rates - 44 minutes ago - WASHINGTON AP - Financial industry lobbyists are urging the Treasury Department to take steps to lower mortgage rates in an effort to stabilize the housing market. Under the proposal, Treasury would seek to lower the rate on a 30-year 0133 : MSN MoneyCentral

UK banks pledge more loans amid credit criticism - 2 hours ago - LONDON A trio of British banks pledged to improve lending to small businesses or relax home repossession policy yesterday after repeated calls from the government and Bank of England to boost lending in the face of recession. BoE Governor 0133 : Gulf Times

Financial Services Authority signals Halifax tracker loans 0133 - 11 hours ago - The Financial Services Authority indicated yesterday that more than half a million Halifax customers on tracker mortgages should benefit from further interest rate cuts even though the small print on their loans supposedly prevents them 0133 : Times Online

The right time to tap into home equity to pay bills - 3 hours ago - The reason that I am not in favor of home-equity loans is that you are taking short-term debt i.e., credit card and short exposures vacations, clothing, meals, etc. and financing it for as much as 15 years. That makes no sense to 0133 : ABC2 News