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Treasury weighs plan to rescue housing sector report - 2 hours ago - The US Treasury Department is considering a plan designed to push down interest rates for home loans in a bid to revive the country's troubled housing sector, newspapers reported Thursday. Both the Wall Street Journal and the Washington 0133 : Raw Story

Countrywide to refund 11.5 M to NC borrowers - 2 hours ago - RALEIGH, N.C. 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. 0133 : Daily Reflector

Bernanke More action needed to cut home foreclosures - 2 hours ago - Federal Reserve Chairman Ben Bernanke speaks today on housing and housing finance at the Federal Reserve in Washington. Jose Luis Magana THE ASSOCIATED PRESS Buy this Photo WASHINGTON Federal Reserve Chairman Ben Bernanke called on the 0133 : Quad-Cities Times

FDIC's Bair warns investors fighting loan changes - 2 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 : WTOP Radio

Government plans interest sops to ease home loans - 11/28/2008 - 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

Bernanke urges action to halt foreclosures - 1 hour 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 : MSN MoneyCentral

Fitch Upgrades 1 Class of Morgan Stanley 1997-WF1 Assigns 0133 - 51 minutes ago - Interest-only IO class X-1 at 'AAA' Outlook Stable 797,784 class G at 'AAA' Outlook Stable 8.4 million class J at 'B' Outlook Stable. Fitch does not rate the 2.9 million class K. Classes A-1, A-2, X-2, B, C, D, E and F have 0133 : Businesswire.com

Borrowers face huge fees to switch loans - 11/28/2008 - BORROWERS who fixed their mortgages earlier this year in the hope of beating rising interest rates could face a 10,000 fee if they want to take advantage of cheaper loans. Fortunate consumers on an average 250,000 standard variable home 0133 : News.com.au