May 13, 2008

Late breaking news

Filed under: News — neberu @ 12:41 am

It’s Time For A Mortgage Bailout

A government-backed mortgage bailout is needed, and it must be done right away. Before shouting about all the reasons taxpayers shouldn’t rescue the profligate who took on more debt than they could handle, …

McCain seeks costly tax cuts, but vague on paying for them

Republican John McCain is making promises that would cost billions of taxpayer dollars, yet he is vague about how he would pay for them.

More Republicans back Democrats’ housing rescue

The Democrats’ housing rescue plan is picking up converts among Republicans who are shrugging off White House objections after getting an earful from voters struggling to stave off foreclosure.

Federal Home Loan Bank of Seattle Announces Availability of Community Investment Funding in 2008

The Federal Home Loan Bank of Seattle today announced the availability of $7.9 million in affordable housing subsidy and up to $100 million in reduced-rate loans for mortgage refinance.

Major provisions of housing rescue package

Major provisions of a House-passed housing rescue bill aimed at heading off foreclosures and stabilizing the market.

Housing aid bill faces veto by President Bush

Last Updated 1:47 pm PDT Friday, May 9, 2008 Two men walk by two homes for sale in Palo Alto, Calif., Wednesday, May 7, 2008.

Housing aid bills face vetoes by President Bush

Last Updated 4:13 pm PDT Thursday, May 8, 2008 President Bush flanked by House Minority Leader John Boehner, R-Ohio, right, and House Republican Whip Roy Blunt, R-Mo., left, walks from Cross Hall to make a …

Lawmakers reach deal on budget shortfall

MONDAY, May 12, 2008, 11:13 a.m. By Steven Walters UPDATE: Tobacco, school money in deal Madison - Legislative leaders announced a budget-repair package today that nets $209 million from refinancing future …

Government must act now to cure mortgage rot

A government-backed mortgage bailout is needed, and it must be done right away. Before shouting about all the reasons why taxpayers shouldn’t rescue the profligate who took on more debt than they could handle, …

Financial guru Suze Orman gives tips for weathering economic storm

The housing crisis, employment insecurity, the weak dollar and the rising prices of gas and food comprise the perfect financial storm.

Housing ‘bailout’: Little cost - but also little help

A congressional proposal to have the government help homeowners refinance mortgages they can no longer afford will only help a small fraction of those who are at risk of losing their homes.

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