| Friday, January 16, 2009 |
| 01:12 PM |
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Mortgage refinancing applications pour in
WASHINGTON, Jan. 16 (UPI) -- Falling mortgage interest rates are prompting a rush to refinance home loans as U.S. homeowners seek to take advantage of the opportunity, bankers said.
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| Wednesday, January 07, 2009 |
| 05:13 PM |
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Paulson says GSEs need a new structure
WASHINGTON, Jan. 7 (UPI) -- U.S. Treasury Secretary Henry Paulson Jr. Wednesday called for restructured models for the nation's largest mortgage brokers.
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| Monday, December 15, 2008 |
| 02:33 PM |
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Fannie Mae to let renters stay on
WASHINGTON, Dec. 15 (UPI) -- The Federal National Mortgage Association says renters living in U.S. properties on which it has foreclosed will not have to move -- at least right away.
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| Thursday, December 04, 2008 |
| 07:34 AM |
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Treasury may be considering mortgage help
WASHINGTON, Dec. 4 (UPI) -- The U.S. Treasury Department is considering direct intervention in the mortgage industry to drive down costs and lift the market, officials said.
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| Wednesday, December 03, 2008 |
| 12:15 PM |
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Mortgage applications skyrocket in week
WASHINGTON, Dec. 3 (UPI) -- The volume of applications for U.S. mortgages jumped 112.1 percent last week, due to a big drop in interest rates, an industry group said.
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| Thursday, November 27, 2008 |
| 08:12 AM |
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Easier lending may take time
WASHINGTON, Nov. 27 (UPI) -- Two new U.S. government programs to kick-start loans for consumers will take time to kick in and do not help borrowers with bad credit, experts said.
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| Tuesday, November 25, 2008 |
| 10:52 AM |
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Paulson: No magic bullet for the economy
WASHINGTON, Nov. 25 (UPI) -- U.S. Treasury Secretary Henry Paulson said there's no magic bullet to fix the economy and it is naive to assume one piece of legislation could do so.
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| Tuesday, November 18, 2008 |
| 12:00 PM |
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Paulson accused of 'bait-and-switch'
WASHINGTON, Nov. 18 (UPI) -- U.S. Rep. Gary Ackerman, D-N.Y., accused Treasury Secretary Henry Paulson of a "bait-and-switch scheme" by changing plans for stabilizing the economy.
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| Friday, November 14, 2008 |
| 09:47 AM |
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Freddie Mac seeks $14 billion bailout
WASHINGTON, Nov. 14 (UPI) -- The Federal Home Loan Mortgage Co. said it had requested $14 billion in federal aid after posting third-quarter losses of $25.3 billion.
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| Thursday, November 13, 2008 |
| 08:02 AM |
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Tell-all application for Obama job seekers
NEW YORK, Nov. 13 (UPI) -- Those seeking Cabinet and other high-ranking posts in the Obama administration face what some call the most extensive application ever, observers say.
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| Wednesday, November 12, 2008 |
| 10:57 AM |
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Mortgage plan falls short, Bair says
WASHINGTON, Nov. 12 (UPI) -- Federal Deposit Insurance Corp. chairman Sheila Bair said the U.S. Treasury's mortgage modification program unveiled Tuesday does not go far enough.
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| Tuesday, November 11, 2008 |
| 04:49 PM |
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Treasury streamlines mortgage modification
WASHINGTON, Nov. 11 (UPI) -- The Bush administration Tuesday announced a plan for modifying mortgages to give U.S. homeowners a chance to avoid foreclosure.
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| Monday, October 27, 2008 |
| 09:58 AM |
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Economic turmoil hits non-profits hard
NEW YORK, Oct. 27 (UPI) -- Non-profit groups that count on a strong U.S. economy to boost goodwill are struggling as the economy falters, many groups said.
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| Tuesday, October 21, 2008 |
| 08:41 AM |
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Waxman sets Fannie, Freddie hearings
WASHINGTON, Oct. 21 (UPI) -- U.S. congressional Democrats say they have scheduled hearings into failures at mortgage giants Fannie Mae and Freddie Mac but not until after the election.
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| Saturday, October 04, 2008 |
| 12:49 PM |
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Feds to let elderly woman return home
AKRON, Ohio, Oct. 4 (UPI) -- U.S. housing officials say they are forgiving the mortgage of a 90-year-old Ohio woman who shot herself as she was about to be evicted.
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| Friday, October 03, 2008 |
| 02:46 PM |
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Woman shoots self as deputies try to evict
WASHINGTON, Oct. 3 (UPI) -- The plight of an Ohio woman who shot herself as deputies tried evict her from her foreclosed home was part of congressional debate on the $700 billion bailout.
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| Friday, September 26, 2008 |
| 10:27 AM |
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Markets fall as Washington Mutual fails
NEW YORK, Sept. 26 (UPI) -- U.S. stock indexes fell Friday as investors watched a savings and loan, Washington Mutual, become the latest victim of financial distress.
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| Wednesday, September 24, 2008 |
| 04:19 PM |
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McCain aide's firm paid by Freddie Mac
WASHINGTON, Sept. 24 (UPI) -- The firm of a top aide to John McCain received payments from troubled Freddie Mac, two people with knowledge about the situation said.
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Latest News - UPI.co...
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| 07:18 AM |
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FBI investigates four Wall Street players
WASHINGTON, Sept. 24 (UPI) -- The FBI has opened investigations into possible fraud at four entities at the center of the recent turmoil in the U.S. financial markets, officials said.
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Latest News - UPI.co...
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| Tuesday, September 23, 2008 |
| 10:08 AM |
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Bernanke urges passage of bailout
WASHINGTON, Sept. 23 (UPI) -- U.S. Federal Reserve Chairman Ben Bernanke urged members of Congress Tuesday to act quickly to deal with "the crisis at hand" in financial markets.
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