WASHINGTON, Nov. 25, 2008 (Reuters) — The Federal Reserve threw a massive life-line to consumers on Tuesday with two new programs aimed at making it easier for them to obtain loans for homes, cars and on credit cards. ... > full story
LONDON, Nov. 22, 2008 (Reuters) — President-elect Barack Obama said on Saturday he was crafting a two-year plan to fight an economic crisis of "historic proportions" and Chinese leader Hu Jintao said his country was ready to play a big role in the global effort. ... > full story
WASHINGTON, Nov. 19, 2008 (Reuters) — The U.S. Department of Housing and Urban Development will loosen terms of its foreclosure-prevention effort so that the program, meant to backstop $300 billion in home loans, can be more effective, the agency said on Wednesday. ... > full story
WASHINGTON, Nov. 17, 2008 (Reuters) — Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben Bernanke came to Capitol Hill on Monday to field questions from leading Democrats on how the $700 billion financial bailout bill is working. ... > full story
WASHINGTON, Nov. 17, 2008 (Reuters) — A senior U.S. senator on Monday introduced legislation to let judges alter the terms of distressed mortgages in bankruptcy cases, reviving a controversial proposal meant to help troubled homeowners, a said an aide to the lawmaker. ... > full story
WASHINGTON, Nov. 12, 2008 (Reuters) — Federal criminal probes into mortgage lending will likely produce many indictments under Barack Obama's presidency, legal experts said on Wednesday. ... > full story
WASHINGTON, Nov. 12, 2008 (Reuters) — Congress needs to tackle legal obstacles that prevent mortgage servicing companies from doing more to help distressed borrowers stay in their homes, the head of a U.S. congressional committee said on Wednesday. ... > full story
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Government Moves to Unfreeze Credit, Mortgage Markets Nov. 25, 2008 (ArkansasMatters.com) — The Bush administration is moving to unfreeze credit markets. . Treasury Secretary Henry Paulson this morning announced plans to spend hundreds of ...
Where did the $2 trillion go? Nov. 11, 2008 (Chicago Sun-Times) — Comments . . The Federal Reserve is refusing to identify the recipients of almost $2 trillion in emergency loans from American taxpayers or the ...
Specifics Uncertain On Limiting Foreclosures Nov. 9, 2008 (San Francisco Chronicle) — Given the severity of the housing crisis and its large role in the economy, it is likely to be a priority for Barack Obama.. . On the campaign ...
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