McCain plan would buy bad homeowner mortgages

Oct. 8, 2008

WASHINGTON (AP) -- John McCain's proposal to buy up bad home mortgages would use nearly half the $700 billion from the recent Wall Street bailout package to assist Americans directly, instead of indirectly by rescuing the nation's financial markets....

McCain: Home owners the victims of crisis

MANCHESTER, N.H., Oct. 22 (UPI) -- Republican presidential nominee John McCain said Wednesday that the U.S. financial industry's collapse should have not happened.

McCain trying to distance self from Bush

WASHINGTON, Oct. 21 (UPI) -- Republican John McCain, trying to boost his numbers in the tight presidential race, has been attempting to put air between him and U.S. President George Bush.

McCain, Obama appeal for voter support

HEMPSTEAD, N.Y., Oct. 15 (UPI) -- Barack Obama and John McCain concluded their third U.S. presidential debate Wednesday as they began, discussing the economy.

McCain re-states economic plan

VIRGINIA BEACH, Va., Oct. 13 (UPI) -- Help for beleaguered U.S. homeowners and holding the line on taxes will be key parts of the John McCain presidency, the Republican candidate said Monday.

McCain accuses Obama of exploiting crisis

WASHINGTON, Oct. 11 (UPI) -- Republican U.S. presidential nominee John McCain said Saturday his electoral rival, Barack Obama, has been exploiting the ongoing economic crisis.

McCain mortgage plan hit from both sides

WASHINGTON, Oct. 10 (UPI) -- John McCain's plan to have the U.S. government buy troubled mortgage loans has drawn criticism from both sides of the political spectrum.

McCain proposes 401(k), IRA changes

LA CROSSE, Wis., Oct. 10 (UPI) -- John McCain Friday proposed suspending the requirement that investors must start selling off IRAs and 401(k)s soon after age 70 during a speech in Wisconsin.

McCain backer calls Obama 'Arab'

WAUKESHA , Wis., Oct. 10 (UPI) -- Supporters in Wisconsin urged John McCain to get tougher on Democratic rival Barack Obama, but McCain chided a woman for calling Obama an "Arab."

McCain works on gender gap

WASHINGTON, Oct. 9 (UPI) -- Sen. John McCain is trying to erase or at least reduce the gender gap favoring his Democratic rival Sen. Barack Obama in the U.S. presidential race.

McCain outlines short-term economic plan

WASHINGTON, Sept. 30 (UPI) -- Republican presidential candidate John McCain said Tuesday he floated three ideas past President Bush to provide short-term U.S. financial relief.

McCain ad: Obama 'mum' on market troubles

WASHINGTON, Sept. 23 (UPI) -- Republican presidential nominee John McCain Tuesday took aim at Democrat Barack Obama for not saying more about the U.S. financial crisis.

McCain: Recession under way

WASHINGTON, April 14 (UPI) -- Presumptive Republican presidential nominee John McCain said Monday the United States economy is in recession and there's "plenty of … blame to go around."

GOP health plan draws Edwards' criticism

WASHINGTON, April 2 (UPI) -- The wife of former U.S. Democratic presidential hopeful John Edwards says presumptive GOP nominee John McCain wouldn't be covered under his healthcare plan.

30-year U.S. mortgages rise 0.05 percent

MCLEAN, Va., April 12 (UPI) -- The benchmark 30-year fixed-rate U.S. mortgage interest rate rose to 6.22 percent from 6.17 percent, housing finance company Freddie Mac said Thursday.

U.S. fixed-rate mortgages unchanged

MCLEAN, Va., March 15 (UPI) -- The benchmark 30-year fixed-rate U.S. mortgage average was unchanged at 6.14 percent, U.S. mortgage finance company Freddie Mac said Thursday. The same mortgage averaged 6.34 percent a year ago, the company officially known as the Federal Home Loan Mortga