American Home Seeks $35M for Loan Unit (AP via Yahoo! Finance)

Online mortgage lender E-Loan Inc. will cut 44 percent of the work force in its Pleasanton headquarters over the next two months, citing reduced overall demand for home loans.
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Countrywide Loan Production Fell in Oct. (AP via Yahoo! Finance)

Countrywide Financial Corp. said Tuesday its level of home loan production fell by almost half last month from the same month last year, while the percentage of delinquent loans rose as the mortgage lender continued to grapple with the fallout from the U.S. housing slump.

Dream Home or Dream On: Part III (WVLT-TV Knoxville)

The east, midwest, and west coast home mortgage meltdown has trickled down, creating more of a buyer's market here in East Tennessee. Should you make an offer on your dream home? Re-finance your loan? Or dream on?

AHM seeking $35M loan to keep servicing business afloat (Newsday)

American Home Mortgage Investment Corp. is seeking court approval for a $35-million loan to keep its loan-servicing business healthy until taken over by W.L. Ross & Co.
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Home-equity loans tighten (Asbury Park Press)

Back when the real estate market was flying at 30,000 feet, getting a home-equity line of credit was a pretty straightforward process. You called a toll-free number, asked for a loan, and within hours, a guy with a suitcase full of money showed up at your door.