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AP IMPACT They warned us, but US eased loan rules - 1 hour ago - WASHINGTON AP The Bush administration backed off proposed crackdowns on no-money-down, interest-only mortgages years before the economy collapsed, buckling to pressure from some of the same banks that have now failed. It ignored 0133 : Associated Press

Judge extends Delphi repayment deadline - 1 hour ago - NEW YORK AP A bankruptcy judge said Monday that auto supplier Delphi can continue to access the proceeds of 4.35 billion in loans after the Dec. 31 expiration date. The ruling effectively allows Delphi to default on the loans when they 0133 : Vindicator

Struggling Ford mulls Volvo sale amid global downturn - 1 hour ago - DETROIT - Ford Motor Co. is considering selling Volvo Car Corp. as the US automaker seeks to raise cash and survive tight credit markets and a global automotive sales crisis. Goteborg, Sweden-based Volvo Cars, which Ford bought in 1999, has 0133 : Boston Globe

'We may have to restructure loans to textiles, steel, real 0133 - 10 hours ago - To a certain extent, the slowdown is a correction. Markets were overheated. A correction was indeed the need of the hour. As far as the preparedness of my bank is concerned, I am not at all shaky. We have a sound repayment flow and my 0133 : Business Standard

Warnings on home loans were ignored - 1 day ago - The Bush administration backed off proposed crackdowns on no-money-down, interest-only mortgages years before the economy collapsed, buckling to pressure from some of the same banks that have now failed. It ignored remarkably prescient 0133 : Peoria Journal Star

Home loan firms not to cut rates - 4 hours ago - A slew of measures by the Reserve Bank of India RBI during the last few weeks may have led to a reduction in home loan rates by public sector banks, but housing financial companies HFCs are in no mood to reduce lending rates. HFCs are 0133 : Business Standard

Sign up for text alerts - 1 hour ago - Monroe County Sheriff Todd Martin says his office has no choice but to continue processing the record high number of local home foreclosure notices. I'd love to see some type of relief, Martin said Tuesday. None of us want to see people 0133 : Pocono Record

Treasurer urges banks to pass on full interest rate cut - 26 minutes ago - The Australian's Michael Stutchbury says that the latest rate cut should be the RBA's last significant rate reduction. The call from Mr Swan marks the first time the Treasurer has made such a strong statement, after previously stressing 0133 : The Australian