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FDIC's Bair pushes aggressive mortgage plan - CNN Money
NEW YORK (CNNMoney.com) -- In a surprise move, FDIC Chairwoman Sheila Bair Friday unveiled details of her plan to have the government help delinquent homeowners. There are two key elements to the proposal. First, housing payments for delinquent ...

THE ECONOMIC FALLOUT The Stakes of Mortgage Rescue Plans - Voiceof San Diego
Take Lesley McAllister, for example. An assistant law professor at the University of San Diego, McAllister lives with her husband and two children in a rented home in Mission Hills. The family moved to San Diego three years ago and decided to rent ...

A bigger, better Charter Oak office - New London Day
A customer departs the new Charter Oak Federal Credit Union branch on Connecticut Avenue in Norwich Wednesday. Below, Nancy Gray of the Eastern Connecticut Chamber of Commerce, left, holds one end of a ceremonial ribbon while Pierre Brochu of Charter ...

Diamond Bar - Fort Lauderdale Sun-Sentinel
DIAMOND BAR, Calif. (AP) _ Firefighters aided by Mother Nature continued to make gains early Monday on three raging wildfires that reduced hundreds of homes to ash and cinders and forced thousands of residents to flee in Southern California ...

HUD Issues New Consumer Protection Rules on Mortgages (Update2) - Bloomberg
Nov. 12 (Bloomberg) -- Lenders and mortgage brokers will be required to provide U.S. homebuyers clearer information about loan terms and closing costs under guidelines issued today by the U.S. Department of Housing and Urban Development. Banks will ...

Citigroup to slash 50,000 jobs worldwide - News.com.au
US banking giant Citigroup is to slash a near-record 50,000 jobs worldwide as it tightens its belt further to cope with a global financial crisis and heavy losses. The job losses will affect its Australian operations, after a spokesperson confirmed ...

Easy to borrow? Depends whom you ask - Bangor Daily News
AUGUSTA, Maine — Maine banks and credit unions said Monday they’re financially healthy and ready to talk to borrowers as they addressed a legislative committee trying to assess how the state’s financial services industry and businesses are ...

Advice to Obama: A Hedge Fund Manager Speaks - Wall Street Journal
“Hedge funds don’t employ a lot of voters; they have small staffs.” This wry statement came from Pershing Square founder William Ackman. Ackman has become something of a de facto spokesman for a certain swath of the hedge fund industry: whether ...

Read all '"real estate"' posts in Webware - CNET News
Real estate search site Trulia announced Wednesday that it has inked a deal with 1020 Placecast , an advertising company that uses location-based information to target audiences, that will see the site's advertising become location-specific. Once ...

Inside Holyrood - Tartan-tinted specs of political award judges blur ... - Scotsman
LAST week, much of Scotland's political elite, lobbyists and journalists got together for what might be their last free drink of the recession. And as the champagne flowed, the question asked at the Scottish Political Awards was what had the judges ...