Analysts doubt impact of raising caps (AP via Yahoo! News)
Efforts in Congress to let mortgage companies Fannie Mae and Freddie Mac refinance more at-risk loans could have a key flaw: many of those loans were made with such loose standards that borrowers are likely to default anyway, analysts said.

Analysts: Congress may have little effect (Inside Bay Area)
EFFORTS in Congress to let mortgage companies Fannie Mae and Freddie Mac refinance more at-risk loans could have a key flaw: many of those loans were made with such loose standards that borrowers are

Analysts doubt impact of raising caps (Lexington Herald-Leader)
Efforts in Congress to let mortgage companies Fannie Mae and Freddie Mac refinance more at-risk loans could have a key flaw: many of those loans were made with such loose standards that borrowers are likely to default anyway, analysts said. Top Democrats in the House and Senate on Wednesday urged the White House to do more to help borrowers struggling to repay loans resetting at higher rates. ...

Democrats seek White House mortgage help (CNN Money)
Party leaders push for higher caps for Fannie Mae and Freddie Mac, though some analysts remain skeptical.

The Slow Motion Recession (GoldSeek.com)
One (Cut) and Done? Republicans for Protectionism? The market certainly seemed pleased with the new jobs number. The glass is more than half full - or is it? Fed Vice-chairman seemed to suggest that the economy was getting better and the Fed might not need to make any further rate cuts.

Advice for First-Time Homebuyers (Washington Post)
With a current real estate market that's unpredictable, what's in store for would-be buyers or those thinking about selling? The Post's special feature, Property Values: The Market & You, helps forecast what to expect in the coming months.

Many subprime borrowers could lose homes (Deseret Morning News)
As many as half of the 450,000 subprime borrowers whose mortgage payments increase in the next three months may lose their homes because they can't sell, refinance or qualify for help from the U.S. government.

As mortgage rates adjust, some find a heavy burden (Tacoma News Tribune)
Come next month, some of the cheap loans that got U.S. buyers into homes they might not have otherwise been able to afford are expected to get far less cheap.

HELOC holders give Fed an ovation (Bankrate.com via Yahoo! Finance)
The Federal Reserve Rate cut gives HELOC owners reason to smile, as their rates will also decrease.

Chicago & Los Angeles Lead Top 10 Cities in Nation in High-Cost Loans (Broadcast Newsroom)
CHICAGO , Sept. 17 /PRNewswire/ -- Chicago and Los Angeles followed by Riverside County metro areas lead the nation in high-cost loans, which have become a troubling and persisting trend in communities around the country.