Headline News Archive

2008

April

10

• Senate passes bill to ease housing crisis. The Senate today passed a bipartisan package of tax breaks and other steps designed to help businesses and homeowners weather the housing crisis. The measure

• White House plan to aid subprime borrowers. The Bush administration yesterday unveiled a plan to rescue 100,000 homeowners at risk of foreclosure by relaxing eligibility standards for government-backed loans and encouraging lenders to

09

• Bush to offer more mortgage aid. The Bush administration is expanding a government program to help homeowners head off foreclosure as it scrambles to counter Democratic calls for a broader federal

• Engatusados por agentes hipotecarios. Una investigación del Centro de Préstamos Responsables (CRL) dada a conocer ayer indica que los prestatarios que obtuvieron sus préstamos a travé

08

• U.S. House to offer housing plan. House Democrats are crafting a response to the nation's housing crisis that would offer tax breaks to homeowners, first-time home buyers and developers of low-income

07

• Embargos golpean las zonas rurales. El final llegó en un abrir y cerrar de ojos, afuera del tribunal del condado de Merced. Sólo seis personas se presentaron al remate

03

• Housing accord puts builders first. Senate Democratic and Republican leaders rushing to address the nation's housing crisis reached agreement yesterday on a package that would provide billions of dollars in

• Plan bipartidista de rescate hipotecario. Los líderes del Senado acordaron el miércoles una iniciativa de ley bipartidista diseñada para dar alivio al mercado de la vivienda y

02

• Distressed owners frustrated by housing help. Every day more than 4,500 people call Hope Now, the White House-backed group formed to help struggling homeowners. But few of them appear to be getting

• Senators agree to make deal on housing. Under pressure from voters to address the nation's housing crisis, Senate Republicans agreed yesterday to work with Democrats on a compromise plan to stimulate sagging

March

31

• Repo man? More like repo Big Brother. When the light starts to flash, you had better have the cash. That's the reality for millions of subprime borrowers whose used car purchase

• State cutbacks felt by most needy. In Illinois' Cook County, women in poor neighborhoods no longer have access to free mammograms from two mobile vans testing for breast cancer. In Michigan,

• Vuelta a lo natural. Regrese a lo práctico. Limpiar su casa con bicarbonato y vinagre, por ejemplo, podrían parecerle austero, poco práctico y quizá ridículo,

30

• The year of budgeting magically. Financial counselors often tell their clients to prepare monthly budgets rather than yearly ones, on the theory that it is easier to predict expenses over

• No sure bets in personal data security. When a Maryland dental HMO acknowledged this week that it had accidentally posted the names, addresses and Social Security numbers of 75,000 members on its Web

• Long fight ahead for Treasury blueprint. Lawmakers and regulators said yesterday that an ambitious plan by the Treasury Department to revamp the nation's decades-old financial regulatory structure could require congressional action

• Reforma a regulación financiera. El gobierno federal está preparando el terreno para un intenso debate luego de adelantarse que el lunes anunciará un plan para reformar a fondo sus

29

• Bush readies mortgage aid plan. The Bush administration is finalizing details of a plan to rescue thousands of homeowners at risk of foreclosure by helping them refinance into more affordable

• Jumbo loans back with stiffer terms. Your tax rebate check won't arrive until May, but the economic stimulus plan's new super-size loans for buyers in high-cost housing areas have hit the

28

• ''Tours'' de compradores visitan casas en venta. El autobús se interna en un tranquilo barrio suburbano y se detiene frente a una casa deshabitada con un cartel que dice ''Se vende

27

• Mortgage memo pushes 'cheats & tricks'. A newly surfaced memo from banking giant JPMorgan Chase provides a rare glimpse into the mentality that fueled the mortgage crisis. The memo's title says

• Equity loans next round in credit crisis. Little by little, millions of Americans surrendered equity in their homes in recent years. Lulled by good times, they borrowed — sometimes heavily — against the roofs

25

• Houses stolen in mortgage fraud. Federal prosecutors Monday charged 19 individuals, mainly from Southern California, with defrauding homeowners in trouble partly by using "foreclosure rescue pitches" and an equity-draining technique called

• Estadounidenses ya empezaron a ahorrar. Durante meses, los estadounidenses han sido bombardeados por todo tipo de malas noticias en el frente económico: aumenta el desempleo, suben los precios de

• Inesperado aumento en venta de viviendas. Luego de caer durante seis meses consecutivos, la venta de viviendas en Estados Unidos registró un incremento inesperado en febrero, informó ayer una organización