Headline News Archive

2008

October

26
  • Crises help create a teachable moment. Unemployment is rising. The stock market is setting all sorts of records - mostly bad. And the economy might be headed into a prolonged recession.
25
  • Trying for a bigger tax credit. Reluctant potential home buyers could be in line for some additional tax and financing enticements, either through a post-election lame duck congressional session or from
24
  • 4 programs to help troubled homeowners. Assistance is growing to help financially distressed homeowners, but the nation's mounting caseload of foreclosures and mortgage delinquencies is rising faster. The Bush administration should
  • Countrywide mortgage rates may be slashed. With calls growing for stronger action to help troubled homeowners, consumer advocates are hailing a mortgage-modification program being implemented by Bank of America Corp.'s
  • Treasury may help homeowners. The federal government may start guaranteeing home mortgages to persuade lenders to ease the monthly financial burden on struggling homeowners, Federal Deposit Insurance Corp. Chairman
22
21
  • Second stimulus plan gains traction. An effort to boost the economy with a massive injection of public funds gained momentum yesterday, as Federal Reserve Chairman Ben S. Bernanke tentatively endorsed
20
  • Mortgage market remains intact. Everybody knows how severe and painful the global financial breakdown has been, with banks unwilling to lend even to other banks. But what about mortgages
19
  • Fixing common money mistakes. Everybody makes mistakes. But when it comes to money, even little errors can prove devastating. Bruce McClary, communications director for Clearpoint Financial Solutions, recalls a
16
  • Lawmakers consider regulatory overhaul. As the nation's financial system continues to unravel, lawmakers on both sides of the aisle say the U.S. government appears poised to enact sweeping
14
  • Large, new stimulus package considered. With fears rising that the nation stands on the precipice of a prolonged recession, House Democrats are contemplating a huge infusion of public cash --
  • $250 billion bank investment plan. President George Bush said this morning that the administration's "unprecedented and aggressive" plan to partly nationalize nine major banks was an "essential short term measure
13
12
  • Bailout has tax breaks for us. The mega-bailout package for Wall Street also contains about $150 billion in tax breaks for the rest of us. Some are new, but many are tax
11
  • Consignment sales rise as economy falters. Patricia Ohlemiller packed up her Edmund Scientific Astroscan telescope last week and headed to the Gaithersburg iSold It eBay drop-off center. She hoped to recoup $150,
10
  • Mixed signals for mortgage giants. Reading the latest report from the federal regulator running mortgage finance giants Fannie Mae and Freddie Mac could give you whiplash. Fannie Mae and Freddie
07
  • Europe prepares consumer rights plan. The European Commission will release a proposal on Wednesday to guarantee consumer rights across the 27-nation bloc, a move that is expected to help spur
 

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