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Mortgage applications up 112.1 last week, due to 0133 - 5 hours ago - Many borrowers missed an opportunity to take advantage when rates dropped sharply for a brief period when the GSEs were placed under conservatorship, said Orawin Velz, associate vice president of economic forecasting for the association. 0133 : Marketwatch

Treasury Eyes Plans to Lower Mortgage Rates - 2 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

New Star Swaps 354 Million Debt, Banks Get 75 Stake 0133 - 6 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

Treasury Considers Plan to Stem Home-Price Decline - 3 hours ago - WASHINGTON The Treasury Department is considering a plan to revitalize the U.S. housing market by reducing mortgage rates for new loans, according to people familiar with the matter. Henry Paulson The plan, which is in the development 0133 : Wall Street Journal

UPDATE 2-US working on affordable mortgage plan-sources - 1 hour 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

Treasury May Seek to Cut Mortgage Rates Report - 4 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

U.S. working on affordable mortgage plan sources - 3 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 a 30-year mortgage by making fresh investments in those assets, sources familiar with the plan said on 0133 : Reuters

How and why mortgage fraud is growing - 3 hours ago - With the number of home loans shrinking because of the subprime meltdown and resulting tight credit, logic says mortgage fraud would be declining. But a report this week by the Mortgage Asset Research Institute, of Reston, Va., showed fraud 0133 : Philiy.com