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US widens help for homeowners - 3 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

Mortgage Purchase Applications Near 8-Year Low - 1 day ago - The Mortgage Bankers Association said its seasonally adjusted composite index of mortgage application activity fell 6.2 percent to 398.6 in the week ended Nov. 14. The index was dragged lower as the MBA's gauge of loan requests earmarked 0133 : CNBC

BRIEF-US lawmaker urges Treasury to buy, modify distressed 0133 - 1 hour ago - WASHINGTON, Nov 20 Reuters - Rep. Barney Frank, chairman of the U.S. House Financial Services Committee and a Massachusetts Democrat, sent a letter to Treasury Secretary Henry Paulson Urges Treasury Department to immediately do more to 0133 : FXStreet.com

Citi to modify 20 billion in home loans - 11/10/2008 - NEW YORK CNNMoney.com Citigroup says it will expand its foreclosure prevention efforts and try to keep 130,000 troubled borrowers with 20 billion in mortgages in their homes. The news follows similar initiatives announced earlier this 0133 : CNN Money

Save a Bundle On Your Mortgage Now! - 41 minutes ago - Momlogic's financial expert Danielle Hoston Believe it or not, lenders do NOT want to foreclose on homeowners. In addition to the significant loss of mortgage income involved with a foreclosure, lenders also incur legal fees, potential 0133 : Momlogic.com

US thrifts swing to 4B loss in 3Q - 2 hours 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 : San Francisco Gate

Mortgage rates down - 3rd straight week - 3 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

U.S. Bonds Feed On Investor Fears - 2 hours ago - Investors are running in fear from the stock market as jobless rates continue to climb and terror sets in over worries of a declining commercial real estate market. The new pain would be increasing defaults in the commercial real estate 0133 : Forbes