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| http://www.freep.com/article/20081008/BUSINESS07/810080364/1002/rss02 |

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| http://www.bizjournals.com/eastbay/stories/2008/10/06/daily34.html |

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| http://www.suntimes.com/business/1205640,CST-FIN-countrywide07.article |

| http://www.marketwatch.com/news/sto...31-B4AB-F3EE4009710E%257D&dist=hppr |

| http://news.yahoo.com/s/afp/20081008/ts_alt_afp/usvotehousing_081008040714 |

| http://news.yahoo.com/s/afp/20081008/ts_alt_afp/usvotehousing_081008024739 |

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| Nation & world business news in brief: Money for loans may be freed up (Detroit |
| Regulators plan to reduce capital requirements for banks holding Fannie Mae and Freddie Mac debt and mortgage bonds, potentially freeing up more money for loans. |
| http://www.freep.com/article/20081008/BUSINESS07/810080364/1002/rss02 |
| Bank Of America To Modify Countrywide Loans (NPR) |
| In the boldest step yet by any bank to address the ongoing foreclosure crisis, Bank of America, which now owns mortgage giant Countrywide Financial, has settled with state prosecutors who sued Countrywide for predatory lending. Bank of Amer |
| http://www.npr.org/templates/story/story.php?storyId=95460477&ft=1&f=1006 |
| Wachovia selects BWC Mortgage for loan restructuring in California (East Bay Bus |
| Wachovia has chosen BWC Mortgage Services of San Ramon as one of 10 lenders for a 60-day pilot program aiming to restructure about 135,000 Wachovia Pick-a-Pay mortgage loans in California. |
| http://www.bizjournals.com/eastbay/stories/2008/10/06/daily34.html?ana=from_rss |
| McCain pledges to buy up 300 bln in US home loans (AFP via Yahoo! News) |
| The US government would snap up 300 billion dollars of bad home loans, Republican John McCain vowed Tuesday unveiling a new plan to help struggling homeowners if he is elected president. |
| http://news.yahoo.com/s/afp/20081008/ts_alt_afp/usvotehousing_081008040714 |
| McCain pledges to buy up failing US home loans (AFP via Yahoo! News) |
| The US government would promptly snap up bad home loans if John McCain becomes president, the Republican hopeful declared Tuesday in a nationally televised debate with Democratic rival Barack Obama. |
| http://news.yahoo.com/s/afp/20081008/ts_alt_afp/usvotehousing_081008024739 |
| Pricing mortgage-backed securities will be tough (USA Today) |
| Some things are easy to price. Others, not so much. And that's the $700 billion problem facing the U.S. Treasury: how to value vast amounts of mortgage-backed securities that no one wants to buy. |
| http://www.usatoday.com/money/industries/banking/2008-09-23-toxic-paper-bailout_... |
| Bad mortgage settlement includes Ohio (The Cincinnati Enquirer) |
| Facing a lawsuit over deceptive mortgage practices, an arm of Bank of America Corp. has agreed to the largest program ever to modify home loans, as part of a settlement with officials in 11 states, including Ohio, just days after the federa |
| http://news.cincinnati.com/article/20081006/BIZ01/310060035/-1/rss |
| Wrinkle floats mortgage moratorium idea (The Nassau Guardian) |
| The head of the Bahamas Contractors Association is challenging banks in The Bahamas to offer a moratorium on mortgage payments during the economic downturn, billing the move as the best way to curb the skyrocketing rate of non-performing lo |
| http://www.thenassauguardian.com/bixex/311137193619340.php |
| Crisis halts Czech PPF Russian subsidiary Home Credit mortgage, autolending (Int |
| PRAGUE. OCTOBER 7. INTERFAX CENTRAL EUROPE - The world credit crisis has stopped mortgage provider Home Credit in Russia, which is part of the Czech PPF Group, from providing mortgages and loans for cars, the Czech daily Mlada fronta Dnes ( |
| http://www.interfax.com/5/434159/news.aspx |
| Countrywide loans in Illinois will get rate cut (St. Louis Post-Dispatch) |
| More than 10,000 households in Illinois with home loans from Countrywide will see their lending rates cut to as low as 2.5 percent under a settlement Monday with the nation's biggest subprime mortgage lender. |
| http://www.stltoday.com/stltoday/news/stories.nsf/illinoisnews/story/0B8D45FCA52... |
| States Call for Adoption of Mortgage-Loan Help - Wall Street Journal |
| States Call for Adoption of Mortgage-Loan HelpWall Street Journal - 6 hours ago... aims to initially reduce borrowers' mortgage-related payments to 34% of monthly income by refinancing borrowers into government-backed loans |
| http://online.wsj.com/article/SB122342048455713109.html?mod=googlenews_wsj |
| Wachovia selects BWC Mortgage for loan restructuring in California - Bizjournals |
| Wachovia selects BWC Mortgage for loan restructuring in CaliforniaBizjournals.com, NC - 11 hours agoWachovia may provide a new second mortgage to cover needed financing exceeding current FHA and conforming loan limits, BWC |
| http://www.bizjournals.com/eastbay/stories/2008/10/06/daily34.html |
| Mortgage relief deal - Chicago Sun-Times |
| Boston GlobeMortgage relief dealChicago Sun-Times, United States - Oct 7, 2008HERE'S WHY: Wall Street figured out it could lap up cash flow from securities backed by subprime mortgage loans. And subprime loans, tho |
| http://www.suntimes.com/business/1205640,CST-FIN-countrywide07.article |
| Fitch Rates Idaho Housing & Finance Assoc's $60MM 2008D Bonds - |
| Fitch Rates Idaho Housing & Finance Assoc's $60MM 2008D BondsMarketWatch - 11 hours agoBased on the 5835 mortgage loans, with an outstanding balance of $781 million originated under the indenture as of Sept. 5, 2008 |
| http://www.marketwatch.com/news/story/fitch-rates-idaho-housing-/story.aspx?guid... |
| Fannie Mae to purchase fixed-rate mortgage loans from Federal Home ... - RTT New |
| The IndypendentFannie Mae to purchase fixed-rate mortgage loans from Federal Home ...RTT News, NY - 16 hours agoFannie Mae would purchase loans channeled through FHLB Chicago's Mortgage Partnership Finance, or MPF, |
| http://www.rttnews.com/ArticleView.aspx?Id=733981&SMap=1 |
| Latest Mortgage Trends [Housing Tracker] - Seeking Alpha |
| ABC NewsLatest Mortgage Trends [Housing Tracker]Seeking Alpha, NY - Oct 6, 2008The 0.25% upfront charge was set to apply to all whole loan mortgages purchased and all mortgage loans packaged into mortgage-backed securities |
| http://seekingalpha.com/article/98740-latest-mortgage-trends-housing-tracker |
| Big four dominate mortgage market - NEWS.com.au |
| Big four dominate mortgage marketNEWS.com.au, Australia - 22 minutes ago"In Australia, some 80 per cent of mortgage loans are done at variable rates," Mr Johnson said. "The liquidity at the short |
| http://www.news.com.au/business/story/0,27753,24467260-31037,00.html |
| Study: Losses on new loans hit record highs - Bizjournals.com |
| Study: Losses on new loans hit record highsBizjournals.com, NC - 15 hours agoMortgage companies nationwide lost an average of $560 on every loan they originated last year, according to the Mortgage Bankers Associationâ |
| http://www.bizjournals.com/jacksonville/stories/2008/10/06/daily20.html |
| Lockhart says Freddie, Fannie may sell bad assets: report - MarketWatch |
| TopNewsLockhart says Freddie, Fannie may sell bad assets: reportMarketWatch - Oct 5, 2008Fannie Mae, the nation's biggest underwriter of home mortgages, has been under increasing pressure from the Clinton Administration to |
| http://www.marketwatch.com/news/story/lockhart-says-freddie-fannie-may/story.asp... |
| Bernanke Signals Fed May Cut Rates as Crisis Deepens (Update1) - Bloomberg |
| Boston GlobeBernanke Signals Fed May Cut Rates as Crisis Deepens (Update1)Bloomberg - 16 hours ago``Even households with good credit histories are now facing difficulties obtaining mortgage loans or home equity lines of credit,& |
| http://www.bloomberg.com/apps/news?pid=20601087&sid=aA7fGYWlJLp0&refer=home |