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Countrywide to refund 11.5M to NC borrowers - 1 hour ago - Two subsidiaries of Countrywide Financial Corp. have agreed to repay more than 11 million to nearly 5,000 North Carolina borrowers who were overcharged on their mortgages, the state banking commissioner said Thursday. Countrywide Home 0133 : Forbes

CDOs a thing of the past MBS market needs fix-Fed - 45 minutes ago - WASHINGTON, Dec 4 Reuters - The market for mortgage securities will return to health only once the contracts and disclosure of those investments are standardized, a senior Federal Reserve Board official said on Thursday. I believe that 0133 : Reuters

Government plans interest sops to ease home loans - 11/27/2008 - The proposal will also include providing loans at below market rates to real estate developers. But the loan disbursed under this will come with a number of conditions like an upper ceiling on selling price of flats and individual homes. 0133 : Business Standard

Banks are charging us more, no contest - 1 hour ago - Home loan rates are higher now than when official rates were last at 4.25p The RBA cut rates to 4.25pc earlier this week Calculator Compare home loan rates and features BANKS are charging customers significantly more than they were seven 0133 : News.com.au

Mortgage rates drop to lowest level since January - 38 minutes ago - Rates on 30-year mortgages plunged this week to the lowest level since January after the government launched a sweeping new effort to aid the U.S. housing market. Mortgage finance giant Freddie Mac reported Thursday that average rates on 0133 : BusinessWeek

FDIC chief Bair says investors fighting loan changes could 0133 - 4 hours ago - WASHINGTON AP Investors in mortgage securities who are challenging home loan modification programs aimed at avoiding foreclosures could provoke a backlash from Congress, the head of the FDIC said Thursday. Sheila Bair, the chairman of 0133 : Los Angeles Times

Bernanke urges action to halt foreclosures - 3 hours ago - WASHINGTON Reuters - Federal Reserve Chairman Ben Bernanke on Thursday urged more aggressive action to halt home foreclosures, and said write-downs of principal may need to be part those efforts. Despite good-faith efforts by both the 0133 : Reuters

Argentine unveils 3.9 bln economic stimulus plan - 1 hour ago - BUENOS AIRES, Argentina AP Argentina's government plans to use billions of dollars of newly nationalized pension fund assets to grant low-cost loans to farmers, industry and automakers, in a bid to boost production and ease credit amid 0133 : Associated Press