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U.S. Automakers, UAW to Genuflect to Divided 0133 - 1 hour ago - Dec. 2 Bloomberg General Motors Corp. , Ford Motor Co. and Chrysler LLC, running out of money to operate, must convince a divided Congress that their plans to shrink are severe enough to ensure repayment of 25 billion in proposed U.S. 0133 : Bloomberg

Warnings of collapse unheeded - 3 hours ago - WASHINGTON 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 0133 : Newark Star-Ledger

Hedge fund Greenwich sues Countrywide over mortgage accord - 58 minutes ago - Countrywide Financial Corp., the lender bought by Bank of America Corp., was sued by Greenwich Financial Services Fund over claims that an agreement to reduce payments on mortgages by 8.4 billion would hurt investors. The hedge fund said 0133 : Los Angeles Times

HSBC Raises Hong Kong Mortgage Rates Most in 10 Years 0133 - 1 hour ago - Dec. 2 Bloomberg HSBC Holdings Plc raised its Hong Kong mortgage rates by the most in a decade to increase profitability on home loans, adding to pressure on property prices. HSBC, the bank with the most branches in Hong Kong, will 0133 : Bloomberg

Home loan firms not to cut rates - 2 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

Measures aiming to ease home loans crisis - 11/25/2008 - MAJOR mortgage lenders have agreed to delay seeking repossession until a homeowner has been in arrears for three months. Banks and building societies are to join the Government and the Bank of England on a new lending panel , designed to 0133 : yorkshirepost

Treasurer urges banks to pass on full interest rate cut - 1 hour 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

New laws to fight Facebook fraud - 58 minutes ago - FRAUDSTERS who use sites like Facebook to try to steal people's identity will be the target of new laws. With people living so much of their lives on the internet these days, identity fraud is a growing problem that costs the nation at 0133 : The Australian