The U.S. housing market is facing new downward pressure as holders of subprime-mortgage bonds flood the market with foreclosed homes at prices that ar...
Bloomberg News | Posted 07.30.2009 | Home
June 29 (Bloomberg) -- Driving through Riverside, California, Bruce Norris pointed to a half-dozen empty houses with "For Sale" signs stuck in untende...
Huffington Post | Margo Irvin | Posted 07.16.2009 | Business
The $75 billion "homeowners' bailout" may only delay the inevitable for many who currently face foreclosure.
AP | ALAN ZIBEL | Posted 05.29.2009 | Business
WASHINGTON — The Obama administration said Tuesday it is expanding its plan to stem the housing crisis by offering mortgage lenders incentives t...
New York Times | JOHN D. GEANAKOPLOS and SUSAN P. KONIAK | Posted 04.05.2009 | Business
TO stanch the hemorrhage of foreclosures, we don't need another bailout. What we need is a fix -- and the wisdom to see what is in our own self-intere...
New York Times | EDMUND L. ANDREWS | Posted 04.05.2009 | Business
WASHINGTON -- The Obama administration on Wednesday began the most ambitious effort since the 1930s to help troubled homeowners, offering lenders and ...
AP | STEVEN R. HURST | Posted 03.18.2009 | Politics
WASHINGTON — Keeping the economy front and center, President Barack Obama heads west this week to sign the $787 billion stimulus bill and tackle...
Larry Gellman | Posted 12.05.2008 | Business
For the last 20 years, I've been hearing that we're in the midst of the Greatest Wealth Transfer in History. The slogan has remained the same but both the beneficiaries of the wealth have changed.
Washington Post | Posted 08.11.2008 | Politics
Barack Obama's two-day campaign swing through economically hard-hit areas of Central Florida and John McCain's country concert extravaganza in the Pan...
Miami Herald | Posted 06.30.2008 | Politics
Making his pitch to a key group of power brokers, Barack Obama promised hundreds of mayors gathered in Miami that he would push back on President Bush...
Huffington Post | Posted 03.28.2008 | Politics
Hillary Clinton's camp has released this statement, after Obama opened his trip to Texas with a critique of Hillary's housing crisis solution: "When ...
Wall Street Journal | Posted 08.08.2009 | Business