Mortgage relief...McCain on Leno...Internet gambling

Washington (AP) A federal housing official hopes a new mortgage plan from Fannie Mae and Freddie Mac will become a model for the industry. Struggling homeowners could get lower interest rates and longer loan terms.

WASHINGTON (AP) It appears many Americans have faith President-elect Obama can square away the economy. A new poll suggests 72 percent are confident he'll make the changes needed to perk things up.

WASHINGTON (AP) President-elect Obama has hired two veteran Democrats to head his transition teams at the Pentagon and State Department. Sam Nunn will lead the Pentagon effort, and Warren Christopher will be at State.

LOS ANGELES (AP) John McCain has told "Tonight Show" host Jay Leno that sarah palin did not hurt his presidential bid. McCain says he's "very grateful" she agreed to run with him, and adds that Palin inspires people.

WASHINGTON (AP) The Bush administration appears close to listing new rules about Internet gambling. They aim to clarify a 2006 law aimed at forbidding financial institutions from handling online gambling payments.

(Copyright 2008 by The Associated Press. All Rights Reserved.) APNP 11-11-08 2343CST | save this article / add to your favorites list