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AP IMPACT They warned us, but US eased loan rules - 3 hours 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

HSBC Raises Hong Kong Mortgage Rates Most in 10 Years 0133 - 2 hours 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

'We may have to restructure loans to textiles, steel, real 0133 - 7 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

Automakers' debt may be obstacle to federal loans - 3 hours ago - DETROIT AP They'll park some corporate jets, cut executive pay and serve up concessions from the United Auto Workers, but Ford Motor Co., General Motors Corp. and perhaps Chrysler LLC also will have to address massive debts to persuade 0133 : Associated Press

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

Treasurer urges banks to pass on full interest rate cut - 2 hours 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 - 1 hour 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