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Bernanke More Action Needed to Cut Foreclosures - 2 hours ago - Federal Reserve Chairman Ben Bernanke called on the government Thursday to ramp up efforts to stem soaring home foreclosures, which are feeding into the country's deep economic troubles. Federal Reserve Chairman Ben Bernanke speaks on 0133 : ABC News

People draw unemployment benefits at 26-year high - 1 hour ago - Costco Wholesale Corp COST Stock Quote , Chart , News , Add to Watchlist WASHINGTON AP - More evidence of consumers' weary state and the nation's deteriorating job market came Thursday with reports that people continuing to draw 0133 : MSN MoneyCentral

Countrywide to refund 11.5M to NC borrowers - 2 hours 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

4.5-percent mortgages? Feds mull it over - 6 hours ago - WASHINGTON - December 4, 2008 The Treasury Department is developing a plan to try to reduce mortgage rates on home loans to 4.5 percent on typical mortgages by expanding its purchases of mortgage backed securities, sources familiar with 0133 : WPVI

CDOs a thing of the past MBS market needs fix-Fed - 1 hour 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

Emerging Markets - 1 hour ago - Hong Kong's Victor Fung, chairman of the International Chamber of Commerce, talks about how the financial crisis is damaging international trade and what can be done about it. Online Forex Practice Account Experience the excitement of 0133 : BusinessWeek

Countrywide to refund 11.5M in N.C. - 6 hours ago - RALEIGH AP 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 commission said today that 0133 : Greensboro News & Record

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