(AFX UK Focus) 2007-10-04 16:08 GMT: Financial services companies launch mortgage pilot program in Washington DC (Interactive Investor)
WASHINGTON (Thomson Financial) - Several financial services companies today announced a new pilot program in Washington DC that will allow as much as 200 mln usd in new mortgage originations for borrowers with little or no credit history.

Financial Services Companies Launch Mortgage Pilot Program in DC (HispanicBusiness.com)
WASHINGTON (Thomson Financial) - Several financial services companies today announced a new pilot program in Washington DC that will allow as much as $200 million in new mortgage originations for borrowers with little or no credit history.

Democrats Assail Bush on Mortgage Crisis (Washington Post)
WASHINGTON -- Congress' top Democrats demanded quick action on the subprime mortgage crisis, saying President Bush has been slow to address a situation that could cost millions of people their homes.

Mortgage applications down 2.7% last week (San Jose Mercury News)
WASHINGTON (AP) - Mortgage application volume declined 2.7 percent for the week ending Sept. 28, despite a drop in interest rates, according to the Mortgage Bankers Association's weekly application survey.

Bush outlines plans for mortgage woes (Orange County Register)
FHA Secure is one of president's proposals to help people keep their homes. WASHINGTON �President Bush outlined ways the federal government can help troubled borrowers keep their homes Friday in an effort to address rising foreclosures fueled by the mortgage crisis.