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Source: au.rd.yahoo.com --- 25 days ago
WASHINGTON (AFP) - The US Senate on Saturday approved an elaborate Housing rescue plan designed to help thousands of homeowners avert foreclosure and bolster mortgage finance giants that have struggled amid a volatile Housing market. ... Source: video.msn.com --- 25 days ago
July 26: The Senate has passed a Housing Bill, designed to provide tighter regulation of mortgages, financing to Fannie Mae and Freddie Mac, and the creation of a fund to help troubled homeowners. ... Source: au.rd.yahoo.com --- 25 days ago
WASHINGTON (AFP) - The US Senate on Saturday approved an elaborate Housing rescue plan designed to help thousands of homeowners avert foreclosure and bolster mortgage finance giants that have struggled amid a volatile Housing market. ...
Source: www.voanews.com --- 25 days ago
Legislation establishes $300 billion fund to provide more affordable loans to homeowners ... Source: money.cnn.com --- 25 days ago
The Senate on Saturday overwhelmingly passed a landmark Housing Bill that will offer up to $300 billion in loans for troubled homeowners and establish a government rescue plan for mortgage finance giants Fannie Mae and Freddie Mac. ... Source: news.bbc.co.uk --- 25 days ago
The US Senate passes a rescue Bill designed to help the rising number of Americans at risk of having their homes repossessed. ... Source: www.nytimes.com --- 25 days ago
After a rare Saturday vote in the Senate, the measure now goes to President Bush, who has said he will sign it, perhaps early next week. ... Source: www.washingtonpost.com --- 25 days ago
In a rare weekend session, the Senate today ended months of legislative wrangling and gave final approval to a sprawling Housing Bill that seeks to halt the steepest slide in home prices in a generation, rescue hundreds of thousands of families from foreclosure and restore confidence in the natio... ... Source: www.usatoday.com --- 25 days ago
Congress approved mortgage relief for 400,000 struggling homeowners Saturday as part of an election-year Housing plan that also ... ... Source: www.latimes.com --- 25 days ago
... Source: findarticles.com --- 15 days ago
July 14, 2008 -- The principal author of the Dodd-Shelby Housing Bill is Sen. Christopher Dodd, a Connecticut Democrat who chairs the Senate Banking Committee.... ... Source: democrats.assembly.ca.gov --- 5 days ago
For Immediate Release August 14, 2008. Contact: Jeff Barbosa (916) 319-2020. Torrico Teacher Housing Bill Passes State Senate. Districts Could Issue The Bonds If Two-Thirds Of Local Voters Agree. SACRAMENTO - Teachers who are priced out of their schools’ neighborhoods could see shorter commutes ... Source: www.npr.org --- 25 days ago
The Senate holds a special session on Saturday to push through legislation to provide lenders and buyers financial help. It would also offer investors renewed confidence in the mortgage giants Fannie Mae and Freddie Mac. ... Source: www.npr.org --- 25 days ago
The Senate met in a rare Saturday session and gave final congressional approval to a wide-ranging Housing Bill. The Bill aims to bolster the sagging Housing market and includes measures aimed at shoring up Fannie Mae and Freddie Mac. The president says he'll sign it when it reaches his desk, early next week. ... Source: www.cbsnews.com --- 25 days ago
In a rare Saturday session, the Senate passed a Housing rescue Bill aimed at sparing 400,000 struggling homeowners from foreclosure. President Bush, who initially opposed the Bill, is expected to sign the measure quickly. ... Source: www.star-telegram.com --- 25 days ago
Homeowners struggling to make their house payments could get government mortgage relief under a rescue plan that seeks to revive the chaotic Housing market and help reverse the economic downturn. ... Source: en.wikinews.org --- 25 days ago
US Senate passes Housing aid Bill ... Source: www.japantoday.com --- 25 days ago
The U.S. Senate on Saturday approved an elaborate Housing rescue plan designed to help thousands of homeowners avert foreclosure and bolster mortgage finance giants that… ...
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July 26: The Senate has passed a Housing Bill, designed to provide tighter regulation of mortgages, financing to Fannie Mae and Freddie Mac, and the creation of a fund to help troubled homeowners. (MSNBC) ...
The US Senate has approved a rescue Bill designed to prop up America's battered Housing market. The new law creates a $300bn (?150bn) rescue fund to help thousands of homeowners get cheaper loans. It may also be used to bail out the struggling mortgage giants Freddie Mac and Fannie Mae, which own or guarantee around half the nation's mortgage debt. The Bill has been approved in a very short time. President George Bush is expected to sign it into law next week. The BBC's Jack Izzard in Washington says the Bill will help hundreds of thousands of Americans trapped by mortgages they can no longer afford. They will be offered the chance to refinance with state-backed, fixed rate loans. Boom and bust The Housing crisis is causing serious problems for the wider US economy. Almost 740,000 US homes entered the foreclosure process in the second quarter of 2008, according to research firm RealtyTrac. The worst-hit areas were Nevada, California, Florida and Arizona, which had seen the biggest house price rises during the boom years, and the largest volume of sub-prime lending. The Bill's Republican critics say it will cost US taxpayers billions, and query the wisdom of bailing out irresponsible homeowners or unscrupulous lenders. President Bush had initially threatened to veto the Bill over a provision for $3.9bn (?1.95bn) in community grants to buy up and repair repossessed homes. Do you think as taxpayers we should help bail out irresponsible ho ...