Jan. 6 (Bloomberg) -- Federal Reserve officials are focused on driving down the spreads between U.S. Treasury yields and consumer and corporate loans, after cutting the main interest rate to almost zero failed to revive lending. [read more]

Huge rebates and zero-percent loans couldn't overcome economic uncertainty as U.S. auto sales plunged 36 percent in December, capping a dismal year that saw sales free-fall by 2.9 million vehicles from 2007. [read more]

DETROIT #8212; Huge rebates and zero-percent loans couldn't overcome economic uncertainty as U.S. auto sales plunged 36 percent in December, capping a dismal year that saw sales free-fall by 2.9 million vehicles from 2007. [read more]

By JEANNINE AVERSA Even as Federal Reserve officials slashed their key interest rate to a record low and pledged to use other unconventional tools to fight the worst financial crisis since the 1930s, they still feared the economy would be stuck in a painful rut for some time. Documents released Tuesday provided insights into the Fed's historic decision to ratchet down its rate to near zero from ... [read more]

Detroit Huge rebates and zero percent loans couldn't overcome economic uncertainty as U.S. auto sales plunged 36 percent in December, capping a dismal year that saw sales free-fall by 2.9 million vehicles from 2007. [read more]

Chrysler's US sales plummeted appallingly in December and helped drag 2008 sales down to a record low. [read more]

Huge rebates and zero-percent loans couldn’t overcome economic uncertainty as U.S. auto sales plunged 36 percent in December, capping a dismal year.  [read more]

Huge rebates and zero-percent loans couldn't overcome economic uncertainty as U.S. auto sales fell 36 percent in December, capping a dismal year that saw sales free-fall by 2.9 million vehicles from 2007. [read more]

Huge rebates and zero-percent loans couldn't overcome economic uncertainty as U.S. auto sales plunged 36 percent in December, capping a dismal year that saw sales free-fall by 2.9 million vehicles... [read more]

DETROIT—Huge rebates and zero-percent loans couldn't overcome economic uncertainty as U.S. auto sales plunged 36 percent in December, capping a dismal year that saw sales free-fall by 2.  [read more]

Jan. 6 (Bloomberg) -- Foreclosure sales in the 25 largest U.S. metropolitan areas almost tripled in the first 10 months of last year as rising unemployment and falling home values made it tougher for homeowners to sell or refinance their mortgages. [read more]

Debra Fought was on the edge of foreclosure until she fought to get her life back. The Cary News has the story. [read more]

The developer of the Watson Hill property, caught for 3 1/2 years in an annexation battle between North Charleston and Summerville, now faces foreclosure on a $28.6 million loan. [read more]

(ARA) - Over the past year, we've been inundated with daily headlines about the growing foreclosure crisis. [read more]

Allegheny County property owners facing foreclosure will have the chance to negotiate with lenders to keep their homes under a pilot program expected to start next week. [read more]

The scheduled sale of a Morris Brown College building in foreclosure is off, at least until next month. The college was given a reprieve Tuesday, barely two hours before Jordan Hall was to be auctioned on the steps of the Fulton County courthouse, according to an attorney involved in the matter. "Essentially there was agreement to give them a little time," said the lawyer, Gregory Worthy. "This ... [read more]

A Nixa man who leased a home from Greenleaf Companies and The Real Estate Co. of Springfield is suing the businesses after the house was lost to foreclosure. [read more]

LYNN - With the number of foreclosures continuing to impact cities such as Lynn, the Lynn Housing Authority & Neighborhood Development (LHAND) has developed a two-pronged Foreclosure Prevention & Neighborhood Stabilization Program that consists of: foreclosure education, advocacy, loss-mitigation options and neighborhood-stabilization activities that focus on identifying distressed and ... [read more]

Foreclosure rates in Hillsborough County and statewide showed no signs of slowing in 2008, according to year-end data. There were 990 foreclosures in Hillsborough County from January through November, according to figures from Manchester-based Real Data Inc. ... - By ASHLEY SMITH Staff Writer [read more]

A fourth bank has begun foreclosure actions against Rapid City businessman Doug Hamilton. [read more]