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Fed starts program to buy illiquid mortgage assets - 1 day ago - WASHINGTON MarketWatch The Federal Reserve Bank of New York on Monday began buying illiquid mortgage-backed securities guaranteed by Fannie Mae and Freddie Mac and Ginnie Mae as part of an earlier announced 500 billion program. The 0133 : Marketwatch

US auto sales drop in 2008, recovery unclear - 2 hours ago - DETROIT AP After a year in which U.S. auto sales tumbled 18 percent and GM had its worst year in nearly a half-century amid slack demand fueled by a terrible economic outlook and growing job worries, automakers are reluctant to predict 0133 : Daily Jeffersonian

Auto Industry Posts Dismal 2008 Sales - 1 hour ago - AUBURN HILLS, Mich. After a year in which U.S. auto sales tumbled 18 percent and GM had its worst year in nearly a half-century amid slack demand fueled by a terrible economic outlook and growing job worries, automakers are reluctant to 0133 : ClickOnDetroit.com

Home loans Is switching an option? - 9 hours ago - More middle-class Indians can hope to step on to the housing ladder in '09 as bank loans become cheaper and builders cut prices to release unsold stock. Buy a home in first 3 months of 2009 If you had been flip-flopping over buying a home, 0133 : Economic Times

PSU banks fear NPA rise as govt pushes for more loans - 1 hour ago - Finance Secretary Arun Ramanathan On Monday had a meeting with top officials from state-owned banks, including the State Bank of India, to review credit offtake during December 5-19. The government wants us to clear all proposals loans 0133 : Business Standard

Builders demand more sops to stimulate demand - 8 hours ago - Grappling with shortage of funds in the housing and realty sector, builders on Tuesday sought the Reserve Bank's intervention to prompt banks to reduce margins on their home loans besides ensuring adequate credit flow to the housing 0133 : Daily News and Analysis

February 5 Is Deadline To Apply For SBA Economic Injury 0133 - 5 hours ago - ATLANTA BUSINESS WIRE The U.S. Small Business Administration is reminding businesses in Indiana that Economic Injury Disaster Loans are still available to small businesses economically impacted by severe storms and flooding that 0133 : Businesswire.com

Taiwan moves to save chipmakers - 2 hours ago - The Taiwanese government is moving closer to a 6bn bailout of the country's chipmakers who are suffering from the credit crunch and falling prices for DRAM despite production cuts. There are also rumours that the Taiwanese government could 0133 : Channel Register