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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.
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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.
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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.
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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.
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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.
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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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Freddie Mac: Taylor, Bean loss may be significant (AP)

AP - Mortgage finance company Freddie Mac said Monday it could lose $500 million or more as a result of the bankruptcy protection filing of Taylor, Bean & Whitaker Mortgage Corp.
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Dynex buys Deutsche Bank share of joint venture (AP)

AP - Dynex Capital Inc., a mortgage real estate investment trust, said Monday its subsidiary, Issued Holdings Capital Corp., has bought Deutsche Bank's shares of a joint venture for $9.5 million in cash, giving Dynex 99.75 percent ownership.
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Fannie Mae names Jonathan Plutzik to board (AP)

AP - Fannie Mae said Monday that it named Jonathan Plutzik, a former Credit Suisse executive, to its board directors.
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Fed’s Bullard: Keep MBS program active longer (Reuters)

A bank employee poses holding U.S. one hundred dollar notes during a photo opportunity at a bank in Seoul November 19, 2009. REUTERS/Choi Bu-SeokReuters - A senior Federal Reserve official said on Sunday the central bank should keep alive its mortgage-related assets purchase program beyond a planned end-date to give policy-makers more flexibility as they help the economy recover from a painful recession.