Small business angst rises as tax deadline nears (AP)

AP - These are anxious times for some small business owners who face an Oct. 15 due date for their 2008 income tax returns. These owners got extensions of the deadline for filing their returns back in April but aren't ready to file. Or, they can't pay the government the money they owe.

U.S. home loan demand hits highest since late May (Reuters)

Reuters - U.S. mortgage applications jumped last week to their highest since late May as interest rates tumbled below 5 percent, data from an industry group showed on Wednesday.

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Freddie Mac names Ross Kari as new CFO (AP)

AP - Freddie Mac said Tuesday it has named a new chief financial officer, filling a post that has been occupied on an interim basis for a year.

Congress wary of ‘plain vanilla’ bank proposal (AP)

AP - Congress is expected to reject President Barack Obama's proposed mandate that banks offer customers "plain vanilla" financial products, such as a 30-year fixed mortgage.

U.S. mortgage delinquencies set record (Reuters)

Reuters - High U.S. unemployment keeps pushing up the rate of mortgage delinquencies, which could in turn drive personal bankruptcies and home foreclosures, monthly data from the Equifax Inc credit bureau showed on Monday.

Obama lashes out at U.S. banks over student loans (Reuters)

Reuters - President Barack Obama criticized the largest U.S. banks on Monday for trying to thwart legislation that would overhaul federal student loan programs.

Meltdown jolts consumers from financial fairyland (AP)

AP - The stock market bounced back, just as it has for nearly three decades. It just doesn't feel that way.

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