WASHINGTON, Oct. 8 (UPI) -- The pace of U.S. help for homeowners has surpassed that of homes being sold under foreclosure procedures, U.S. Treasury Secretary Timothy Geithner said.
WASHINGTON, Sept. 29 (UPI) -- The $700 billion Troubled Asset Relief Program assembled in Washington a year ago is going to finally focus on toxic assets, administration officials said.
WASHINGTON, Sept. 18 (UPI) -- The U.S. Treasury Department said it would end its guarantee program for money market funds Friday, as it anticipated.
WASHINGTON, Aug. 16 (UPI) -- The Obama administration is moving away from encouraging low-income Americans to buy homes, instead spending $4.25 billion on new rental units, officials say.
WASHINGTON, May 8 (UPI) -- The U.S. Federal Housing Administration will ask Congress for nearly $800 million to prop up a mortgage program for seniors, an official says.
WASHINGTON, April 28 (UPI) -- The U.S. Treasury Department said it would expand its mortgage modification program to include homeowners with second liens on their property.
WASHINGTON, March 6 (UPI) -- Rep. Dennis Kucinich, D-Ohio, says he wants the U.S. Treasury Department to explain its efforts to prevent waste and abuse of federal bailout funds for banks.
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
MCLEAN, Va., Feb. 15 (UPI) -- U.S. mortgage rates rose slightly, to 6.3 percent from 6.28 percent for 30-year fixed-rate mortgages, Freddie Mac said Thursday. The 30-year fixed-rate mortgage averaged 6.28 percent a year ago.
MCLEAN, Va., Jan. 4 (UPI) -- Rates on 30-year U.S. mortgages were unchanged at 6.18 percent the first week of the new year, mortgage giant Freddie Mac reported Thursday.