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HUD expands mortgage modification program - 17 hours ago - WASHINGTON MarketWatch - The federal government announced plans Wednesday to modify a program to make it easier for troubled homeowners to exchange problematic mortgages for more inexpensive ones. The new expedited regulations will expand 0133 : Marketwatch

FDIC chief presses for gov't action on mortgages - 11/18/2008 - WASHINGTON AP - The head of the FDIC on Tuesday pressed again for more aggressive government action to help millions of home borrowers avert foreclosure, saying federal money is needed to ensure economic recovery. Federal Deposit 0133 : WTOP Radio

White House pushing to speed up loans for automakers - 11/14/2008 - WASHINGTON Reuters The White House has been in talks with Congress about finding a way to accelerate loans to automakers under a 25 billion program already appropriated for the troubled industry, spokeswoman Dana Perino said on Friday. 0133 : Yahoo News

Mortgage applications drop in week - 17 hours ago - Washington The volume of applications for U.S. mortgages decreased last week, falling by a seasonally adjusted 6.2 percent, an industry group said. The Market Composite Index, which measures mortgage loan application volume, fell 6.2 0133 : The Money Times

GM, Chrysler scale back glitz at LA auto show - 8 hours ago - LOS ANGELES -Chrysler and General Motors are still showing off their newest vehicles at the Los Angeles Auto Show, but their displays were noticeably quiet Wednesday while Asian and European companies unveiled new models that will likely 0133 : AOL

Fannie, Freddie soon to drop high limit - 11/10/2008 - Tuesday, November 11, 2008 Starting Jan. 1, the biggest loan on a single-family home that can be purchased by Fannie Mae and Freddie Mac falls to 625,500 from 729,750 in certain high-cost areas including most Bay Area counties. In most of 0133 : San Francisco Gate

Government shifts focus of bailout - 11/13/2008 - WASHINGTON - Urgently shifting course, the Bush administration is abandoning the centerpiece of its 700 billion economic rescue plan and exploring new ways to shore up not only banks but credit card, auto loan and other huge nonbank 0133 : Baltimore Sun

Critics say new federal mortgage plan not enough - 11/13/2008 - WASHINGTON AP Once again, the government has offered another plan to help troubled homeowners. Once again, critics say it doesn't go far enough. The plan announced Tuesday by federal officials and mortgage giants Fannie Mae and Freddie 0133 : Associated Press