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The Next Subprime Crisis Looms - FHA-Backed Loans - 3 hours ago - The same people whose reckless practices triggered the global financial crisis are onto a similar scheme that could cost taxpayers tons more. As if they haven't done enough damage. Thousands of subprime mortgage lenders and brokers - many 0133 : Free Internet Press

Interest rate drops for home-heating loans - 3 hours ago - The interest rate for the state s Warm and Weatherized Loan program has dropped 1 percentage point since the program was announced in September. The five-year fixed interest rate on program loans is now 2.75 percent. Earlier this fall, the 0133 : Burlington Free Press

Make first-home buyers' grants like HECS loans, says 0133 - 26 minutes ago - FIRST-HOME buyers' grants should be axed and replaced with HECS-style interest-free government loans, Australia's key architects' body says. Archicentre, a national advisory service for the Australian Institute of Architects, wants the 0133 : News.com.au

Plans change as some owners get upside down on loans - 33 minutes ago - WASHINGTON Think of them as the walking wounded The homeowners who are upside down on their mortgages, owing much more than their home is now worth. But they're still on their feet and still sending their payments each month. In this 0133 : Austin American-Statesman

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

Federal Regulators Seize California's Downey Savings, PFF Bank - 3 hours ago - 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 banks' branches 0133 : Free Internet Press

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 - 4 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