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US widens help for homeowners - 2 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

Citigroup liquidates its CSO fund report - 11/17/2008 - NEW YORK Reuters - Citigroup Inc is liquidating its Corporate Special Opportunities hedge fund after it lost 53 percent of its value last month, the Financial Times reported on its website on Tuesday. The CSO fund managed almost 4.2 0133 : MSN MoneyCentral

Rep. Spencer Bachus opposes government aid to auto industry - 1 day ago - WASHINGTON U.S. Rep. Spencer Bachus, R-Vestavia Hills, announced this morning that he will oppose any government aid to the domestic auto industry, saying it would be unfair to other struggling companies and industries. My constituents 0133 : Everything Alabama Blog

TABLE-Foreign investors sold Japan stocks last week - 1 day ago - TOKYO, Nov 20 Reuters - Foreign investors sold a net 512.8 billion yen 5.36 billion of Japanese stocks last week, capital flows data released by Japan's Ministry of Finance showed on Thursday. Details of net investments were as follows 0133 : CNBC

Paulson Defends Changes to Rescue Package - 11/18/2008 - Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben Bernanke waged a stout defense on Capitol Hill Tuesday of their management of a 700 billion financial bailout. Treasury Secretary Henry M. Paulson Jr. defended his decisions 0133 : Washington Post

Foreclosure bailout 'still hopeful' - 1 hour ago - BALTIMORE AP FDIC Chairman Sheila Bair said Thursday she is still hopeful of using federal bailout money to help homeowners avoid foreclosure. The issue is whether it's an appropriate use of Treasury bailout funds or not, we think 0133 : CNN Money

US thrifts swing to 4B loss in 3Q - 1 hour ago - U.S. thrifts lost 4 billion in the third quarter as they set aside 7.9 billion to cover losses from bad mortgages and other loans amid worsening conditions in the U.S housing market, their government regulator said Thursday. Thrift 0133 : BusinessWeek

Mortgage rates down - 3rd straight week - 2 hours ago - NEW YORK CNNMoney.com Mortgage rates fell for the third week in a row amid reports of record-high job losses, weak retail sales and a home-construction market in a deep slump. Freddie Mac said 30-year fixed-rate mortgages averaged 0133 : CNN Money