Summary Box: More Republicans back Democrats’ housing rescue - Newsday
Posted by: admin in Today NewsSummary Box: More Republicans back Democrats’ housing rescue - Newsday
CONFLICTED GOP : Despite objections from the White Home , some Republicans are converting to the Democrats’ housing plan after getting an earful from voters struggling to fight off foreclosures. WHO: The GOP lawmakers backing Democrat Barney Frank
FDIC housing plan aims to help 1 million borrowers - San Diego Union-Tribune
WASHINGTON – The government would give emergency loans to around 1 million troubled borrowers under a new housing-assistance plan developed by a federal bank regulator. Sheila Bair, the chairman of the Federal Deposit Insurance Corp., wants the
Housing Downturn Hammers the Economy - US News and World Report
In Tuesday’s S&P/Case-Shiller report , we learned that home prices are dropping at a clip that’s even faster than expected. This day, we got a superior picture of just how damaging the housing bust has been to the overall economy. It ain’t pretty . While
FDIC housing plan aims to help 1 million borrowers - Forbes
The government would give emergency loans to around 1 million troubled borrowers under a new housing-assistance plan developed by a federal bank regulator. Sheila Bair, the chairman of the Federal Deposit Insurance Corp., wants the government to make
Economy grows by only 0.6 percent in first quarter - Forbes
The bruised economy limped through the first quarter, growing at just a 0.6 percent pace as housing and credit problems forced people and businesses alike to hunker down. The country’s economic growth during January through March was the same as in
International Carpenters Union President Calls for Swift, Decisive and - Forbes
CHICAGO, April 30 /PRNewswire-USNewswire/ — Talking this day in Chicago, General President Douglas McCarron of the United Brotherhood of Carpenters stated, “Congress must move swiftly to assist the troubled housing industry. The housing industry was the
Corus eliminates dividend, girds against further housing slide - Crain’s Chicago Business
(Crain’s) — Corus Bankshares Inc. eliminated its quarterly dividend and liquidated a $67-million bank-stock portfolio to buttress itself against the worsening housing crisis. The steps, which CEO Robert J. Glickman said are intended to keep the
Home price index sinks at record clip in February - Boston Globe
NEW YORK— Housing prices dropped in February at the fastest rate ever, a widely watched index showed on Tuesday, reflecting that the housing slump is gaining momentum and showing no signs of letting up. The Standard & Poor’s/Case-Shiller home price
Napa renter with massive family wins eviction case - San Francisco Gate
(04-30) 14:44 PDT NAPA — Two Napa landlords accused of evicting a woman because they felt she had too many kids have concurred to pay her $18,000 to settle her housing-discrimination complaint, officials said today. Arlene Dennett and Dottie
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