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Treasury weighs plan to rescue housing sector report - 5 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

FDIC's Bair warns investors fighting loan changes - 3 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

UPDATE 2-Bernanke says need to do more to halt foreclosures - 1 hour ago - WASHINGTON, Dec 4 Reuters - U.S. Federal Reserve Chairman Ben Bernanke on Thursday urged more aggressive steps to halt home foreclosures and said government-funded programs could help strapped homeowners. Despite good-faith efforts by 0133 : Reuters

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 : The Australian

Bernanke says need to do more to halt foreclosures - 4 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

Bernanke urges action to prevent foreclosures - 46 minutes ago - Federal Reserve Chairman Ben S. Bernanke said the US government must step up efforts to prevent home foreclosures, with options including buying delinquent mortgages and providing bigger incentives for refinancing loans. The government 0133 : The Age

Brown defends mortgage break scheme - 53 minutes ago - Prime Minister Gordon Brown said the Government's plan to give struggling homeowners a two-year mortgage payment holiday would make people feel more secure in the downturn . He said his Government wanted to do everything we can to 0133 : Ananova