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  1. CHANCELLOR Alistair Darling today told banking chiefs to pass on the interest rate cut to customers "as quickly as possible". The heads of all high street lenders were summoned to a breakfast meeting at the Treasury at which they were urged to drop mortgage rates.
    www.dailyrecord.co.uk
  2. Senior Bush administration officials are completing a plan that could help up to three million homeowners struggling to pay their mortgages to stay in their homes, three people briefed on the proposal said Wednesday. The initiative could be the most ...
    www.salon.com
  3. It’s About the Mortgages New York Times, United States - 10 hours ago Under the plan, the banks restructure troubled mortgages — lowering the interest rate, extending the loan term or deferring payment on a portion of ...
    www.nytimes.com

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