Delinquencies and foreclosures set 9th straight record in 3rd quarter as layoffs keep rising

Foreclosures hitting more people with prime loans

Shares of homebuilders follow Pulte higher, brushing off reports showing weak housing sector

Sector Snap: Homebuilders follow Pulte higher

Banks borrow more, investment firms less over past week from Fed’s emergency lending program

WASHINGTON — Commercial banks borrowed more over the past week from the Federal Reserve’s emergency lending program, while investment firms borrowed less.

Freddie Mac: Rates on 30-year mortgages tie record low

WASHINGTON — Rates on 30-year mortgages tied a record low this week, spurring refinancing activity as the troubled housing market moves closer to possibly hitting the bottom, Freddie Mac said Thursday.

Jobless claims up more than expected and homes sales drop, defying hopes for recovery

WASHINGTON — Worse-than-expected news on unemployment and home sales Thursday dampened optimism that a broad economic recovery might be near.

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