Fannie and Freddie Offer Thin Lifeline to Homeowners
Think of it this way. The American homeowner is underwater and drowning, and Fannie and Freddie have just thrown in a spool of thread to pull them out.
Think of it this way. The American homeowner is underwater and drowning, and Fannie and Freddie have just thrown in a spool of thread to pull them out.
AP | SARA LEPRO | Posted 12.12.2008 | Business
NEW YORK — Citigroup says it is imposing a moratorium on most foreclosures as part of a series of initiatives aimed at helping at-risk borrowers...
Michael Graham Richard | Posted 10.20.2008 | Green
This week I had some fun reviewing a reel mower by SunLawn. It's no secret that I love reel mowers. I still think that grass lawns are a bad idea in m...
AP | ALAN ZIBEL | Posted 09.14.2008 | Business
WASHINGTON — The number of homeowners stung by the dramatic decline in the U.S. housing market jumped last month as foreclosure filings grew by ...
Wall Street Journal | Jeremy Singer-Vine | Posted 09.13.2008 | Green
Suzanne and Dave Francione figured they could reduce their heating bill by $1,300 this winter by switching from oil to natural gas, so they called the...
AP | J.W. ELPHINSTONE | Posted 09.06.2008 | Business
NEW YORK — Freddie Mac on Wednesday posted a second-quarter loss that was more than three-times larger than Wall Street expected as a huge numbe...
Matthew Palevsky | Posted 08.26.2009 | Home
Michelle Renee | Posted 07.19.2008 | Living
I know if I was in this situation I would want to know all the facts before walking away and living in coulda, shoulda, woulda land.
Graham Hill | Posted 07.18.2008 | Green
Who was the guy that said living eco means sacrifice? It's not about living in a cave and shaking your head at the 'modern day luxuries,' folks. Getti...
Jay Walljasper | Posted 07.09.2008 | Green
Under the weight of gasoline prices, along with increased costs for heating and cooling suburban homes, today's affluent subdivisions might become tomorrow's slums.
Zem Joaquin | Posted 07.01.2008 | Green
Before when I visited it seemed little eco-progress was being made. But this time is different! There are quite a few new businesses with green themes; I think a sea change just might be coming.
Lloyd Alter | Posted 06.12.2008 | Green
The greenest thing about prefab is the design process. The conventional model of the architectural business is dead -- only the very rich can afford to hire architects to build one-off houses.
AP | JULIE HIRSCHFELD DAVIS | Posted 04.30.2008 | Business
WASHINGTON — Homeowners staggering under mounting mortgage debt and facing foreclosure could get cheaper, government-backed loans under Democrat...
AP | ALAN FRAM | Posted 04.22.2008 | Business
WASHINGTON — One in seven mortgage holders worry they may soon fail to make their monthly payments and even more fret that their home's value is...
AP | Posted 04.18.2008 | Business
NEW YORK — Republican Sen. John McCain called for federal aid for well-meaning homeowners who can't pay their mortgages, an attempt to fend off ...
Reuters Via CNBC | Posted 04.17.2008 | Business
President Bush has approved a plan to expand a housing program to insure loans for creditworthy homeowners unable to meet mortgage payments and which ...
ABC News | SCOTT MAYEROWITZ | Posted 04.12.2008 | Business
Senate Democrats and Republicans have agreed on a plan to resurrect a dismal housing market. But, before a vote can even be taken, many are questionin...
USA Today Via ABC News | Brad Heath and Charisse Jones | Posted 04.11.2008 | Business
Foreclosures are ripping through the rows of new homes in the flatlands where Denver turns to prairie. Every week, 10 more families here need to find ...
Reuters | Jason Szep | Posted 04.08.2008 | Business
Shards of broken glass outside the basement window of 31 Vine Street hint at the destruction inside the three-story home. Thieves smashed the window ...
MarketWatch | Ruth Mantell | Posted 04.08.2008 | Business
For many people, filing for bankruptcy is seen as a scary, worst-case scenario, but consumer advocates say this last resort could be a real help for b...
New York Times | MICHAEL J. de la MERCED | Posted 03.28.2008 | Business
With their big paydays and bigger egos, private equity moguls came to symbolize an era of hyper-wealth on Wall Street. Now their fortunes are plummet...
AP | J.W. ELPHINSTONE | Posted 03.28.2008 | Business
NEW YORK — Americans' percentage of equity in their homes fell below 50 percent for the first time on record since 1945, the Federal Reserve sai...
ABC News | Charles Herman | Posted 03.28.2008 | Business
A record number of homeowners lost their homes to foreclosure in the final months of 2007. At the same time, an increasingly larger number of borrowe...
AP | JEANNINE AVERSA | Posted 03.28.2008 | Business
WASHINGTON — Battling a dangerous wave of home foreclosures, Federal Reserve Chairman Ben Bernanke called Tuesday for additional relief and urge...
New York Times | Edmund L. Andrews | Posted 03.28.2008 | Business
Just one month after President Bush and Democratic leaders hailed their bipartisan agreement on an economic stimulus plan, the two sides went back to ...
Mark Winston Griffith | Posted 12.13.2008 | Business