Archive for December, 2009
11 toward creating a national watchdog that might protect home buyers and mortgage borrowers in future housing cycles.
Canada’s hot housing market received a clean bill of health from a major Canadian bank Friday, dismissing concerns voiced by the Bank of Canada that consumers may be taking on too much debt.
The Obama administration is setting aside $30 billion from the financial bailout fund for a program designed to encourage lending to small businesses to aid the economic recovery.
Louisiana posted the weakest showing of any state when it came to personal income growth during the third quarter of 2009.
The Federal Reserve pledged Wednesday to hold interest rates at a record low to drive down double-digit unemployment and sustain the economic recovery.
More than half of the nation’s unemployed workers have borrowed money from friends or relatives since losing their jobs.
Dec. 14 — Jim Carr, chief operating officer at the National Community Reinvestment Coalition, talks with Bloomberg’s Betty Liu and Peter Cook about the shortcomings of the current distressed mortgage modification program.
President Barack Obama’s chief economic advisers said Sunday that putting Americans back to work is the first order of business in working the country out of the deepest economic downturn in six decades.
Goldman Sachs Group Inc played a bigger role in fueling the mortgage bets that crippled American Insurance Group Inc than has been publicly disclosed, the Wall Street Journal reported on Saturday.
The Pennsylvania Public School Employees’ Retirement System says it’s going to need more than $4 billion annually in additional taxpayer money in the coming years.