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FHA-backed loans the next subprime crisis? - 2 hours ago - As if they haven't done enough damage. Thousands of subprime mortgage lenders and brokers many of them the very sorts of firms that helped create the current financial crisis are going strong. Their new strategy taking advantage of a 0133 : MSNBC

UAE takes over two Dubai mortgage lenders - 56 minutes ago - Amlak Finance PJSC and Tamweel PJSC, Dubai's two-largest mortgage lenders, will be taken over by a government-owned bank as the global financial crisis squeezed their access to credit and slowed the regional property market. Amlak and 0133 : The Age

As I See It Help keep people in their homes - 28 minutes ago - For the past two months, Americans have watched the federal government bail out the financial industry and wondered whether families would really benefit. It is now clear that while the U.S. Treasury may have helped save some of the 0133 : Midwest Voices

Obama aims to create 2.5m US jobs - 1 hour ago - Barack Obama, the US president-elect, has ordered his advisers to produce an economic recovery plan aimed at creating 2.5 million new jobs across the country over the next two years. Obama, who will take office in January, said on Saturday 0133 : Al Jazeera

Ga. school superintendent files for bankruptcy - 1 hour ago - Only months after winning and giving away 1 million on a television game show, state Schools Superintendent Kathy Cox and her husband have filed for bankruptcy. Cox said she and her husband, John, decided on Nov. 17 to file for bankruptcy 0133 : Washington Examiner

Late Breaking News-Cox is bankrupt - 2 hours ago - Cox said she and her husband, John, decided on Nov. 17 to file for bankruptcy because of losses incurred in his home building business, Pebble Hill Homes of Fayetteville. She had no role in the business but was a co-signer on loans for it. 0133 : Americus Times-Recorder

Pre-Budget report Other announcements expected in the PBR - 2 hours ago - Struggling home owners are to be given a boost in the pre-Budget Report. The Chancellor will announce tomorrow that those battling to pay their mortgages will be given three months' grace before lenders start repossession proceedings. This 0133 : Daily Telegraph

For Exchange Bank, wrong time, wrong place - 1 hour ago - A condominium project in Carmichael looks completed from the exterior, but a closer inspection shows unoccupied units, unfinished interiors and missing balconies. And the skeleton of a half-built luxury restaurant sits abandoned beside a 0133 : Santa Rosa Press Democrat