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US widens help for homeowners - 7 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

Thrifts have 4 billion third-quarter loss OTS - 7 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

For many CEOs, private jets the only way to fly - 5 hours ago - AP Some in Congress pounced this week on what they view as the hypocrisy of auto executives flying on corporate jets to Washington to ask for public help. Corporations insist riding on private planes is not a lavish perk, but rather a 0133 : Ann Arbor News

GM shares hit 70-yr low as quick bailout hopes dim - 4 hours ago - DETROIT, Nov 20 Reuters Shares of General Motors Corp tumbled as much as 39 percent to hit a 70-year low on Thursday as prospects dimmed that lawmakers would reach a compromise on a proposed 25 billion bailout for U.S. automakers before 0133 : Deepika Global

ANZ drops fixed mortgage rates - 1 hour ago - ANZ has matched National Australia Bank's and Commonwealth Bank's cut to interest rates on fixed home loans, lowering the rates by up to 100 basis points. ANZ has dropped the interest rate on one and two year fixed home loans by 1.00 0133 : The Age

ANZ drops fixed loan rates by up to 1 - 1 hour ago - ANZ Banking Group ANZ has matched National Australia Bank's NAB cut to interest rates on fixed home loans, lowering the rates by up to 100 basis points. ANZ has dropped the interest rate on one and two year fixed home loans by 1.00 0133 : ninemsn

Fannie Mae, Freddie Mac to suspend US home foreclosures - 4 hours ago - WASHINGTON The two US mortgage finance giants, Fannie Mae and Freddie Mac, said on Thursday they halt home foreclosures until early January as they modify loans to help keep owners in their homes. The huge firms, which underpin about half 0133 : Channel NewsAsia