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  1. Record loss forces Freddie Mac to tap $100 bln fund - guardian.co.uk
    CTV.ca Record loss forces Freddie Mac to tap $100 bln fund guardian.co.uk, UK - 30 minutes ago "The percentage decline in home prices was particularly large in California , Florida, Arizona and Nevada, where Freddie Mac has significant concentrations ... Housing industry can't be saved with loan modifications Dallas Morning News UPDATE 1-US mortgage applications rise as interest rates drop Hemscott Local homeowners need a better idea of when help is coming Santa Rosa Press Democrat Los Angeles Times  - New York Times all 3,349 news articles
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  3. Earnings reports down for area banks; some seek relief from feds (The Business Press)
    Premier Service Bank, headquartered in Riverside, reported a net loss of $33,000 for its third quarter ending Sept. 30. A news release said the company had net earnings of $158,000 in the same quarter of 2007. Bank officials attributed the decline to increased provisions for loan losses, totaling $873,000 in 2008 compared with $87,000 at the same point of 2007.
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