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Gov’t readies changes to mortgage relief plan (AP)

AP - The Treasury Department on Thursday plans to unveil changes designed to streamline burdensome paperwork required for its foreclosure relief plan, according to people briefed on the matter.
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California default notices fall 24 percent in 4Q (AP)

AP - Mortgage default notices for California homeowners fell 24 percent during the fourth quarter, suggesting the worst might be over for foreclosures in entry-level markets while problems spread to pricier neighborhoods, a research firm said Wednesday.
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H&R Block, Yodlee team to create tax prep app (AP)

AP - Tax preparation company H&R Block Inc. and personal finance management application developer Yodlee Inc. on Wednesday said they are teaming up to make it easier to use online data to prepare taxes.
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Judge grants ratings agencies a dismissal (Reuters)

Reuters - In a victory for ratings agencies, a U.S. judge on Tuesday dismissed claims against Moody's Corp and McGraw-Hill's Standard & Poor's in litigation over nearly $100 billion of Lehman Brothers Holdings Inc mortgage-backed securities.
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Obama administration readies loan program changes (AP)

AP - The Obama administration will soon announce it is reworking its struggling mortgage relief program and prodding lenders to slash the total amount borrowers owe.
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What Records Can You Really Throw Away? (The Motley Fool)

The Motley Fool - Stashes of old, paid bills, expired life insurance policies, receipts for broken gadgets, and canceled checks for haircuts you got in college -- sound like your filing system?
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Rep. Frank: Abolish Fannie Mae, Freddie Mac (AP)

AP - A top lawmaker on Capitol Hill is calling for the elimination of mortgage finance companies Fannie Mae and Freddie Mac and the establishment of a new system to provide money for U.S. home loans.
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10 Things You Shouldn’t Go Without (The Motley Fool)

The Motley Fool - Odds are, there's an important document or two that you know you should have, but you just haven't gotten around to getting it yet. It might be your will, or a living will. See how many of the following 10 must-have documents are in your possession, and take action on the ones you haven't yet set up.
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Make Your Tax Return IRS-Proof (The Motley Fool)

The Motley Fool - Is there really such a thing as an audit-proof tax return? A way of preparing your return to guarantee that you won't be subject to an audit? Of course not. But there certainly are ways to minimize your risk.
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Treasury seeks dealer input on MBS purchases (Reuters)

Reuters - The Treasury Department said on Friday it will be seeking comments from bond dealers on the impact its purchases of mortgage-backed securities will have on fixed income markets.