Mortgage Market: U.S. Government Still Propping Up Real Estate: Newsweek
While the government has pacified the commercial finance, savings, and plain-vanilla banking sectors, it's sending reinforcements into the vast, resti...
While the government has pacified the commercial finance, savings, and plain-vanilla banking sectors, it's sending reinforcements into the vast, resti...
BusinessWeek | Mara Der Hovanesian | Posted 11.22.2009 | Business
Builders and lenders are dusting off a familiar pitch: mortgages with $0 down and 100% financing. The deals, which take advantage of a little-known lo...
Newsweek | Daniel Gross | Posted 07.18.2009 | Business
The financial media are desperate to find good news in the troubled finance and housing sectors, the very industries that got us into this mess. This ...
Washington Independant | Posted 06.21.2009 | Politics
When U.S. Housing and Urban Development Secretary Shaun Donovan announced last week that first-time homebuyers soon will be permitted to turn their $8...
AP | ALEX VEIGA | Posted 12.19.2008 | Business
LOS ANGELES — Homebuilders' confidence in a near-term housing recovery sank to a new all-time low this month, reflecting growing worries over th...
New York Times | FLOYD NORRIS | Posted 06.01.2008 | Business
THE private mortgage market in the United States -- almost moribund in the wake of the subprime crisis that bankrupted some lenders last year -- is sh...
Washington Post | Lori Montgomery and David Cho | Posted 04.06.2008 | Business
The Bush administration is finalizing details of a plan to rescue thousands of homeowners at risk of foreclosure by helping them refinance into more a...
Wall Street Journal | David Gaffen | Posted 03.28.2008 | Business
The admissions of greater-than-expected writedowns from Swiss bank UBS, along with reports out of major Japanese institutions, means the total amount ...
AP | JANE WARDELL | Posted 03.28.2008 | Business
Former Federal Reserve chairman Alan Greenspan defended the U.S. subprime mortgage market, arguing the repackaging and sale to investors of risky home...
newsweek.com | Daniel Gross | Posted 09.24.2009 | Business