President George W. Bush predicted last August that a plan introduced by the administration to assist American borrowers trying to cope with adjustable-rate mortgages would help tens of thousands of people.
Mortgage industry executives were skeptical, ...
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, mortgage crisis May 6th, 2008
Mortgage finance firm cuts quarterly dividend as it moves to shore-up capital in the face of losses.
NEW YORK (CNNMoney.com) -- Mortgage financer Fannie Mae warned Tuesday that the tumbling home values and loan defaults that ...
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Augusta Chronicle
The U.S. Senate quickly and overwhelmingly passed a costly bill addressing the mortgage crisis.
It has money to help the banking industry, which was the perpetrator of this crisis. It would give builders help ...
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WASHINGTON (AFP) — The International Monetary Fund said Tuesday the worldwide losses stemming from the US subprime mortgage crisis could hit 945 billion dollars as the impact spreads in the global economy.
The IMF, in a ...
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How involved should the federal government become with the mortgage and foreclosure crisis?
Marc Schwaber of Preferred Empire Mortgage says other measures, like asking lenders to make greater efforts to help their borrowers during these tough ...
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by DP Opinion
The mortage crisis is not the government’s fault. They have been telling us since the 1980s that business, once free from the shackles of regulation, will thrive, thus stimulating the economy and trickling ...
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The Democrat says the GOP candidate is following in Bush's footsteps and ignoring working families.
Democrat Barack Obama mocked John McCain on Wednesday for urging government restraint in responding to the mortgage crisis, saying the Republican ...
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PHILADELPHIA — Senator Hillary Rodham Clinton returned to one of her major campaign themes Monday — the economic impact of the home mortgage crisis — and called on Congress to provide $30 billion to help ...
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WASHINGTON -- After a week of government interventions into the housing and financial markets, Washington is gearing up for a wide-ranging government response to the problem. Here are some possible areas for action:
HOUSING: Democrats, in ...
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CONCORD, N.H.—With about seven months to go until their November rematch, both Republican Sen. John Sununu and Democrat Jeanne Shaheen are emphasizing an issue that hits many voters particularly close to home.
Though New Hampshire's mortgage ...
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