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Feds seize 2 Southern California banks - 1 hour ago - LOS ANGELES Federal regulators seized Downey Savings Loan and PFF Bank Trust late Friday, saying hundreds of millions of dollars in bad loans from the housing bubble had rendered the Southern California banking fixtures unsound. The 0133 : Santa Rosa Press Democrat

ANZ drops fixed rate home loans - 1 day ago - ANZ cutting fixed rates by up to 100 bp Changes take effect November 24 In-depth The latest interest rates news and features ANZ has matched National Australia Bank's NAB and Commonwealth Bank of Australia's CBA cut to interest 0133 : News.com.au

3 Indicted in Mortgage Fraud Scheme - 3 hours ago - The defendants were involved in a conspiracy to forge signatures and falsify home loan applications, which included creating and using fraudulent documents containing statements the borrowers never made. The documents were prepared for 0133 : Tyler Morning Telegraph

FDIC lays out broad home loan modification plan - 11/13/2008 - WASHINGTON Reuters - The federal agency that insures most U.S. bank deposits unveiled a plan to prevent about 1.5 million home mortgage foreclosures by promising to share any losses with mortgage companies that agree to refinance certain 0133 : Boston Globe

National Guard troops return to Arizona in hard times - 52 minutes ago - Wilma Felan beamed with pride and relief watching the hangar doors roll open like a stage curtain to reveal her son's National Guard unit standing front and center. We're very proud of them, and we missed them dearly, she said. It's been 0133 : AZCentral.com

Rating the loan process - 11/15/2008 - Fewer people are qualifying for home loans these days, and those who do often face more paperwork and longer processing times than before. But loan applicants don't seem very bothered at least according to a new survey by J.D. Power and 0133 : Austin American-Statesman

Regulators shut Downey S L, PFF Bank Trust in Calif. 22 0133 - 2 hours ago - WASHINGTON - Federal regulators on Friday shut down two big thrifts based in Southern California, saying they fell victim to the acute distress in the housing market in that state. The failures of Downey Savings and Loan Association, based 0133 : Minneapolis Star Tribune

Gray seeks probe into loan program - 5 hours ago - D.C. Council Chairman Vincent C. Gray is seeking an investigation into why the Greater Washington Urban League this week shut down a first-time home buyers assistance program that it operated. The Urban League reportedly told participants 0133 : The Washington Times