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US widens help for homeowners - 4 hours ago - Department of Housing and Urban Development Secretary Steve Preston announced changes that aim to expand participation in the new Hope for Homeowners program. Launched Oct. 1, the program is off to a slow start, with the government 0133 : Cincinnati.com

Thrifts have 4 billion third-quarter loss OTS - 4 hours ago - WASHINGTON Reuters - U.S. savings and loan losses and provisions for soured loans declined in the third quarter, the industry's regulator said on Thursday, releasing figures that excluded Washington Mutual, the nation's biggest thrift 0133 : Reuters

Alabama governor defends state from UAW criticism - 2 hours ago - BIRMINGHAM, Ala. Gov. Bob Riley fired back Thursday at the United Auto Workers, which cited Alabama's huge incentives to foreign automakers as an example of why the federal government should approve loans for troubled U.S. car companies. 0133 : BusinessWeek

National, ANZ follow rate cuts - 58 minutes ago - LATEST The National Bank, ANZ and ASB have cut interest rates on a range of loans, hot on the heels of cuts by Westpac and Kiwibank yesterday. Meanwhile, economists at Deutsche Bank are now picking the Reserve Bank will cut 150 basis 0133 : Stuff

Fannie Mae, Freddie Mac to suspend US home foreclosures - 36 minutes ago - Two US mortgage finance giants Fannie Mae and Freddie Mac said they will halt home foreclosures until early January as they modify loans to help keep owners in their homes. The huge firms, which underpin about half of the huge US mortgage 0133 : Big Pond News

Pritzker Saved Obama Much Embarrasssment By Bowing Out Of 0133 - 1 hour ago - Billionaire Obama campaign finance chair Penny Pritzker did the smart, maybe the only, thing she could when she quickly scotched talk that she wanted to be Obama's Commerce Department Secretary. Pritzker says she doesn't want the post 0133 : OpEdNews.com

First Trust Four Corners Senior Floating Rate Income Fund 0133 - 1 hour ago - WHEATON, Ill. BUSINESS WIRE First Trust Four Corners Senior Floating Rate Income Fund the Fund AMEX FCM has declared the Fund s regularly scheduled monthly common share distribution payable on December 12, 2008 to shareholders 0133 : Businesswire.com

FHA-Backed Loans The New Subprime - 11/18/2008 - page 2 of 5 Similarly worrisome stories are playing out around the country. In Tucson, First Magnus Financial specialized in risky Alt-A mortgages, which didn't require borrowers to verify their income. State and federal regulators 0133 : BusinessWeek