Startups play matchmaker to challenge mutual funds (AP)

AP - If you're unhappy with your mutual fund, you can easily find another. After all, there are nearly 8,000 to choose from.

Capmark Financial gets OK to sell units (AP)

AP - Capmark Financial Group Inc. said it has received approval to complete the $515 million sale of its North American servicing and mortgage banking units to a joint venture owned by Warren Buffett's Berkshire Hathaway Inc. and Leucadia National Corp.

Rates on 30-year mortgages sink, match record low (AP)

AP - Average rates for 30-year fixed mortgages fell this week, matching a record low set last spring and more than a full percentage point below what they were a year ago, Freddie Mac said Wednesday.

Idaho joins fight against foreclosure fraud (AP)

AP - Idaho Attorney General Lawrence Wasden is teaming with federal regulators and 26 other states to get tough on foreclosure rescue fraud.

U.S. consumer mood turns less bleak late November: survey (Reuters)

Reuters - U.S. consumer sentiment improved slightly in November from earlier in the month, but it was weaker than October as deep anxiety lingered over personal finances, a survey showed on Wednesday.

Officials highlight Nevada mortgage fraud problem (AP)

AP - U.S. Sen. Harry Reid joined federal and state officials at an event in Las Vegas highlighting law enforcement efforts to identify and prosecute mortgage fraud in Nevada.

Fannie Mae: No investors for 15 days (AP)

AP - Fannie Mae says it won't consider offers from investors to buy its foreclosed properties until they have been on the market for 15 days.

Lawmaker calls for restructuring Michigan taxes (AP)

AP - A veteran state lawmaker and Democratic gubernatorial candidate on Tuesday proposed swapping Michigan's flat income tax rate for a graduated one, eliminating a business tax surcharge and some business tax breaks, and lowering the sales tax rate while extending it to services.

Va. man pleads guilty in mortgage loan scheme (AP)

AP - A Virginia Beach man faces up to 30 years in prison after pleading guilty to wire fraud in connection with a mortgage loan scheme.

Freddie says TBW-related loss may grow, files claim (Reuters)

Reuters - Freddie Mac, the U.S. mortgage finance giant, said on Monday it is seeking $595 million in loan payments and other funds hung up after the bankruptcy of lender Taylor, Bean & Whitaker.

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