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<title>Automotive Industry Today: Home Finance News</title>
<link>http://automotive.einnews.com/news/home-finance</link>
<description>Constantly updated news and information about automotive industry.</description><item>
<title>Home BancShares, Inc. Pre-Announces Year End Results</title>
<link>http://automotive.einnews.com/news.php?wid=207210734</link>
<pubDate>9 Jan 2009 00:31 GMT</pubDate>
<description>
...  an increase in the Company&#39;s provision for loan losses, write-downs on other real estate owned,  ...  impairment will be $3.9 million. The combined financial impact of these items to the Company  ...  loan losses to total loans of 2.06%. &quot;Home BancShares will continue to be one of  ...
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<title>Citi backs mortgage bankruptcy reform: senators</title>
<link>http://automotive.einnews.com/news.php?wid=207207195</link>
<pubDate>9 Jan 2009 00:09 GMT</pubDate>
<description>
... WASHINGTON (Reuters) - Financial giant Citigroup Inc has agreed to support  ...  in the U.S. Congress to help troubled mortgage borrowers avoid foreclosure, lawmakers said on Thursday.  ...  Conyers has introduced the measure in the House of Representatives. &quot;We welcome the support of  ...
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<title>Homebuilders push housing aid</title>
<link>http://automotive.einnews.com/news.php?wid=207205618</link>
<pubDate>9 Jan 2009 00:03 GMT</pubDate>
<description>
...  the housing market. The National Association of Home Builders brought around 80 builders - mainly  ...  a package of subsidies that would bring mortgage rates to just under 3 percent for  ...  rules for the remaining $350 billion in financial industry bailout money. &quot;They want to get  ...
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<title>Honolulu rental project gets financing</title>
<link>http://automotive.einnews.com/news.php?wid=207205457</link>
<pubDate>9 Jan 2009 00:02 GMT</pubDate>
<description>
... Developer Stanford Carr has secured additional financing from a state agency to build a  ...  state agency chose to build the 18-story apartment and townhouse building for moderate- and low-income renters on  ...
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<title>Land deal clears way for ROTHBURY concert</title>
<link>http://automotive.einnews.com/news.php?wid=207205418</link>
<pubDate>9 Jan 2009 00:02 GMT</pubDate>
<description>
...  taking it out of the lease. Trustee financial consultant David J. Distel said the redemption  ...  by AEG Live and Colorado-based promoter Madison House Publicity. Shortly after the festival, BankFirst of  ...  South Dakota foreclosed on a $18.7 million loan that was primarily used for the Gold  ...
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<title>It&#39;s Time to Strengthen the Community Reinvestment Act</title>
<link>http://automotive.einnews.com/news.php?wid=207204779</link>
<pubDate>8 Jan 2009 23:38 GMT</pubDate>
<description>
...  all of their qualified customers -- for home mortgages, small business creation, and economic development.  ...  associations). It does not apply to other financial institutions that lend money, like bank affiliates  ...  Congressional District of Texas. She chairs the House Transportation and Infrastructure Subcommittee on Water Resources  ...
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<title>Obama offers dire economic outlook</title>
<link>http://automotive.einnews.com/news.php?wid=207204278</link>
<pubDate>8 Jan 2009 23:37 GMT</pubDate>
<description>
...  to sign legislation by early February, and House Speaker Nancy Pelosi, D-Calif., promised lawmakers would  ...  vacation if necessary. &quot;We are not going home without an economic recovery package,&quot; she said  ...  from a closed-door meeting of the Senate Finance Committee had little positive to say about  ...
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<title>IRS begins tax season with helpful tips</title>
<link>http://automotive.einnews.com/news.php?wid=207203893</link>
<pubDate>8 Jan 2009 23:37 GMT</pubDate>
<description>
...  a number of new steps to help financially distressed taxpayers maximize their refunds and speed  ...  Additional Review for Offers in Compromise on Home Values: An Offer in Compromise (OIC), an  ...  $7,500 works much like a 15-year interest-free loan. IRS.gov &gt; has more details and answers  ...
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<title>Low interest rates make refinancing an option</title>
<link>http://automotive.einnews.com/news.php?wid=207203423</link>
<pubDate>8 Jan 2009 23:36 GMT</pubDate>
<description>
...  say they&#39;re getting swamped with calls about refinancing. But many are finding out they don&#39;t  ...  these days owe more then their current home is worth. &quot;They can&#39;t get financing if  ...  last year have changed drastically that the loan to value has gone down.&quot; Lending agencies  ...
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<title>Financial Planning for New Year: &#39;Credit Card Debt Has to Go&#39;</title>
<link>http://automotive.einnews.com/news.php?wid=207203000</link>
<pubDate>8 Jan 2009 23:35 GMT</pubDate>
<description>
...  however, have control over our own wallet. Financial guru Suze Orman spent an hour on  ...  your consumer debt payments, including your car loans, to less than 15% of after tax net take home pay. He says a lot of people  ...
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<title>Big-money bash set for Perdue&#39;s birthday</title>
<link>http://automotive.einnews.com/news.php?wid=207202911</link>
<pubDate>8 Jan 2009 23:35 GMT</pubDate>
<description>
...  Jan. 22 party at a private Raleigh home solicits donations from attendees ranging from $500  ...  have problems with,&quot; Phillips said. Perdue&#39;s campaign finance reports show she and her husband, Bob Eaves, loaned her campaign more than $900,000 and that  ...
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<title>Obama&#39;s case for action</title>
<link>http://automotive.einnews.com/news.php?wid=207202853</link>
<pubDate>8 Jan 2009 23:34 GMT</pubDate>
<description>
...  most detailed case yet for the forthcoming financial rescue package. He warned that the economy  ...  funds already committed to the rescue of mortgage giants Fannie Mae and Freddie Mac and  ...  going to pile on future generations? asked House Republican leader John Boehner in reaction to  ...
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<title>MPs enact electricity, mobile taxes to support livestock fund</title>
<link>http://automotive.einnews.com/news.php?wid=207202796</link>
<pubDate>8 Jan 2009 23:34 GMT</pubDate>
<description>
...  Wednesday voted to enact new taxes to finance the proposed livestock protection fund despite government  ...  financed through the state budget, but the House Agriculture Committee, which had studied the law  ...  sector by facilitating farmers&#39; access to low-interest loans and is seen as a main pillar  ...
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<title>Stage is set for US economic overhaul</title>
<link>http://automotive.einnews.com/news.php?wid=207202552</link>
<pubDate>8 Jan 2009 23:34 GMT</pubDate>
<description>
...  strong hints of new help for struggling mortgage holders facing foreclosure and sweeping financial re-regulation  even as he emphasised the  ...  Tuesday the Congressional Budget Office estimated that home prices would fall another 14 per cent  ...
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<title>Rate cut &#39;will starve banks of savers&#39; cash&#39;</title>
<link>http://automotive.einnews.com/news.php?wid=207202439</link>
<pubDate>8 Jan 2009 23:34 GMT</pubDate>
<description>
...  currently 1.43 per cent but Moneyfacts, the financial website, predicted that this would now fall  ...  the 3.7 million mortgage borrowers with &amp;ldquo;tracker&amp;rdquo; loans that follow base rates. A household with  ...  rates. A household with a 150,000 interest-only home loan will save an extra 62 a  ...
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