Banks warned of economic worries
Banks should make plans based on the assumption the economic downturn could be as bad for them as the recession in the 1990s, the City watchdog has said.
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Government may soon back troubled mortgage giants (Washington Post) WASHINGTON -- The government is expected to take over Fannie Mae and Freddie Mac as soon as this weekend in a monumental move designed to protect the mortgage market from
How Much House Can You Get For $500K? SALT LAKE CITY Real estate is red hot in Utah - a painful truth many home buyers are learning.read more...
Wall St rebounds as cheap shares attract buyers U.S. stocks rallied on Tuesday, snapping a three-day losing streak as opportunities to buy cheap shares in beaten-down sectors like financial services enticed some investors back into the market after
Lawmakers stall Blanco's housing bill BATON ROUGE - President Bush's hurricane recovery coordinator told the Louisiana Legislature on Thursday the White House wants a unified state housing rebuilding plan.read more...
Old legal tool may be put to work in rebuilding New Orleans Lawyers, legislators and housing authorities in New Orleans are evaluating an innovative plan for rebuilding the city that would give the government temporary control over residents' private property.read more...
BusinessFinance Index For 2005/11/11 Rates on 30-year mortgages jumped to the highest level in more than two years this week as financial markets grew more concerned about inflation.read more...
August 8th, 2008
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