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Gov't to unveil plan to shrink some home loans (AP via Yahoo! News)
The Obama administration will announce Friday a plan to reduce the amount some troubled borrowers owe on their home loans, after months of criticism that it hasn't done enough to prevent foreclosures.

Gov't to unveil plan to shrink some home loans (Washington Post)
WASHINGTON -- The Obama administration will announce Friday a plan to reduce the amount some troubled borrowers owe on their home loans, three people briefed on the matter said.

Netanyahu heads home with US-Israeli spat unresolved (AFP via Yahoo! News)
Israeli Prime Minister Benjamin Netanyahu put on a brave face as he flew home to a storm of derision on Thursday having failed to resolve a bitter row with Washington over settlement building.

U.S.: Guns, cash stashed in reputed mobster's home (USA Today)
Federal agents searching a convicted mobster's home near Chicago found seven loaded guns, nearly $730,000 in cash and tape recordings that may contain "criminal conversations" hidden behind a basement wall, according to court documents filed Wednesday.

Lower Home Prices Can Fix What Government Can’t: Caroline Baum (BusinessWeek)
Thud! Four years after the peak of the housing bubble, home sales are slumping... again.

Want to save money on a green home renovation? Hire a HERS rater. (The Christian Science Monitor)
The best say to save money on a green home renovation is to hire a knowledgeable HERS rater.

2 charged with invading home, kidnapping 5-year-old for cash (Chicago Tribune)
Police have arrested two men who authorities said forced their way into a Carpentersville home, bound a couple and their 5-year-old child and then took the child with them while they took money out of the couple's bank account. Police said Antonio Espino, 22, of the 1500 block of Crimson Lane in Palatine , and Brian M. Norbut, also 22, of the 800 block of Dorman Drive in Streamwood , were each ...

Overdose death at nursing home investigated (Chicago Tribune)
The Daily Herald reports: Elgin police have opened a potential homicide investigation into the death of a man who overdosed on heroin at the Asta Care nursing home in Elgin .  Investigators found syringes and other drug paraphernalia in the room of the victim, Arturo Q. Cruz, as well as a phone containing text messages indicating someone had delivered heroin to him shortly before his overdose in ...

Analysts wary of more home lending drops (Sydney Morning Herald)
Another drop in home lending next month could sound alarm bells for the residential property market, analysts say.

Webber eyes home win (Crash.Net via Yahoo! UK & Ireland Sport)
Mark Webber has admitted that this weekend probably offers him the greatest chance of winning his home grand prix, but insists that Red Bull Racing isn't yet the automatic choice for victory in Melbourne. Despite having been tipped for Australian Grand Prix success in previous years, but always seeming to run into reliability problems, Webber finds himself approaching the 2010 edition in one of ...