Bush, Paulson and Bernanke object to mortgage bailout programs in Congress

WASHINGTON (Thomson Financial) - President George Bush and the two highest economic officials in the US government all objected strongly today to plans in Congress for changing bankruptcy laws to protect homeowners caught up in ... More... (Mortgage News)
Add a Comment , , , March 1st, 2008

US House lawmakers consider $15 billion mortgage bailout plan as housing troubles continue

WASHINGTON: Investors could sell up to $15 billion (€10.08 billion) of troubled mortgages to the government under a plan key House members are discussing to bolster the U.S. housing market. The tentative plan would allow the ... More... (Foreclosure News, Education, and Updates, Mortgage News)
Add a Comment , , , February 27th, 2008

Now not time for mortgage bailout: Treasury

NEW YORK (Reuters) - The U.S. government is right to protect and nurture the housing market during the current crisis, but now is not the time to create a federal backstop for falling property values, ... More... (Mortgage Interest Rates, Mortgage News)
Add a Comment , , , February 21st, 2008