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Feds consider changes to mortgage program - Salem NewsWASHINGTON (AP) _ The government may let more borrowers qualify for a $300 billion program designed to let troubled homeowners swap risky loans for more affordable ones, a top Bush administration official said Wednesday. The program, included in a ...
Janesville native gives best effort in war on foreclosures - Milwaukee Journal SentinelWashington - When Steve Preston took over as secretary of the Department of Housing and Urban Development this summer, he inherited an agency tainted with scandal at a time of intense turmoil in the housing market. The Janesville native had no ...
Where has all the bank-bailout money gone? - Times OnlineOn Friday, Ken Robins decided to tell the government what was happening in the real world. The entrepreneur, who runs a successful coach firm in Bournemouth, wrote to Lord Mandelson, the business secretary, to set out just how tough the banks are ...
Report: Government prepared to lend $7.7 trillion - Houston ChroniclePresident-elect Barack Obama introduces members of his economic team during a news conference today in Chicago. From left are Treasury Secretary-designate Timothy Geithner, Council of Economic Advisers Chair-designate Christina Romer and Obama. The U ...
U.S. Pledges Top $7.7 Trillion to Ease Frozen Credit (Update2) - BloombergNov. 24 (Bloomberg) -- The U.S. government is prepared to provide more than $7.76 trillion on behalf of American taxpayers after guaranteeing $306 billion of Citigroup Inc. debt yesterday. The pledges, amounting to half the value of everything ...
Spend now..but pay later - News of WorldPM Gordon Brown today promises immediate help for every family in credit-crunch Britain on the eve of his ‘spend now pay later’ giveaway. Writing exclusively in the News of the World, the PM pledges tax cuts to help people pay bills and keep jobs ...
We own Royal Bank - bbcIt's official. We the taxpayer own one of the world's biggest banks, Royal Bank of Scotland, or 58% of it. Only a tiny number of RBS's shareholders chose to buy any of the new shares in Royal Bank that were being sold in order to strengthen its ...
End of Thatcher's tax incentives - bbcThere were three big numbers announced in the pre-Budget report . The biggest and most startling is that more than £500bn is being added to the national debt between now and 2015. And the amounts that the government will be borrowing over the next ...
Mortgage disclosure rule beefed up - Boston GlobeNEW YORK - Lenders and mortgage brokers will be required to provide home buyers clearer information about loan terms and closing costs under guidelines issued yesterday by the Department of Housing and Urban Development. Banks will have to provide ...
U.S. might widen foreclosure help program - MSNBCWASHINGTON - The government may let more borrowers qualify for a $300 billion program designed to let troubled homeowners swap risky loans for more affordable ones, a top Bush administration official said Wednesday. The program, included in a housing ...
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