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Problem of Home Prices Remains - Wall Street Journal
The Treasury Department's rescue plan for the U.S. financial industry doesn't directly address the root cause of the crisis: falling home prices. Reuters Foreclosures in Stockton, Calif., discourage prospective sellers from putting their houses on ...

No quick fix for US house prices - The Australian
THE US Treasury Department's rescue plan doesn't directly address the root cause of the crisis: falling home prices. Foreclosures in Stockton, California, discourage prospective sellers from putting their houses on the market. The government's plan ...

UCBH Holdings, Inc. to Host Webcast to Discuss Third Quarter 2008 ... - Earthtimes
The webcast and accompanying slide presentation will be available through a link on the Investor Relations page of the Company's web site at www.ucbh.com . If you are unable to listen to the live webcast on the day of the event, an archived replay ...

Homeowner help: HUD-certified advisers, more refinancing available - Modesto Bee
Not everyone who offers to help homeowners avoid foreclosure is legitimate. Con artists try to profit off people's pain by offering financing or foreclosure rescue deals that end up hurting homeowners. The Office of the Comptroller of the Currency ...

Andal and McNerney split on bailout plan - Contra Costa Times
There's nothing like a crisis to define a candidate, and that has certainly been true for Congressman Jerry McNerney, D-Pleasanton, and his Republican challenger Dean Andal. The chasm between the two men on the financial meltdown and the recently ...

Fannie, Freddie Rescue Won't End Ripple Effect: John F. Wasik - Bloomberg
Sept. 15 (Bloomberg) -- The government rescue of hobbled U.S. mortgage giants Fannie Mae and Freddie Mac last week was like treating a compound fracture with a Band-Aid. While the initial market reaction was lower mortgage rates for the least-risky ...

Tally of pot houses hits 20 - Record
STOCKTON - Three more newly built north Stockton homes converted for use in marijuana growing operations were raided Friday by police. That makes 20 in two weeks in an investigation that may fall under federal control. Similarities in the real estate ...

Foreclosure Bailouts, Price Of Land, Dolly Parton: Your Emails - CNBC
From Laura B: "I am writing to you today to voice my opposition to the irresponsible borrower, lender, and home builder bail out legislation currently before Congress. The media has been bombarding us for months with stories from irresponsible home ...

Housing costs gobbling up paychecks - CNN
MIAMI, Florida (AP) -- Al Ray is so strapped for cash, the only time he eats out is Wednesday or Sunday, when the local McDonald's sells hamburgers for 49 cents. Missing just one payment can put a homeowner into foreclosure. Ray lost his engineering ...

Mortgage burden becoming crushing for millions in U.S. - Houston Chronicle
MIAMI — Al Ray is so strapped for cash, the only time he eats out is on Wednesday or Sunday, when the local McDonald's sells hamburgers for 49 cents. Ray lost his engineering job last November and has been working as high school tutor, scratching ...