Facing a tough election Barney Frank has changed his tune about housing. He now says he didn’t push home ‘ownership’ but rental housing. YOU LIE Barney!
Post Tagged with: "housing"
August 19, 2010 07:08
Barney Frank: Fannie And Freddie Must Go
Maybe Frank, like so many others in his party, is feeling the heat in this November’s election. Democrats’ popularity is plunging after years of economic incompetence that has left America’s once-thriving economy a shambles.
August 16, 2010 06:11
Banks to benefit most from White House program to help fight foreclosures
Housing experts expressed concern that banks, not homeowners, will be helped by the White House’s $3 billion funding infusion — $2 billion from the Treasury Department and another $1 billion from the Housing and Urban Development Department — going to those states hit hardest by the housing market crash and unemployment. – The Hill
August 12, 2010 05:03
Foreclosure Activity Increases 4 Percent in July
RealtyTrac released its report for July showing showing foreclosures up by nearly 4% but initial defaults down.
July 30, 2010 12:14
Foreclosure Activity Up In Most Metro Areas
New Foreclosures Worsened By High Unemployment
July 26, 2010 08:57
Home Buyers Who Missed 8,000 Dollar Tax Credit Coming Out Ahead
Home shoppers who missed the April 30 deadline for a housing tax credit might have the last laugh. For a variety of reasons, they could end up saving more than the $8,000 they could have received from the tax refund.
July 20, 2010 04:17
FDIC betting big money on housing recovery
FDIC keeps equity interest and loans funds to developer ‘partners’. While the strategy entails greater risk if real estate prices fall or don’t rise as much as hoped, agency officials say it offers a better chance to replenish their deposit insurance fund — which was overdrawn by almost $21 billion as of the end of the first quarter — than sales for cash. More than 260 banks have failed since 2007.
July 15, 2010 15:15
A million home foreclosures this year!
As unemployment continues to remain high with 14 million out of work, total foreclosures this year are projected to reach a million homes.
July 6, 2010 06:35
Stocks and housing heading lower?
Author of ‘Crisis by Design’, John Truman Wolfe, says financial crisis led to ‘Global Monetary Authority’ and the US stock and housing markets will see further declines.
July 2, 2010 04:56
Weak economic data suggest recovery is fizzling
Fears that the economic recovery is fizzling grew Thursday after the government and private sector issued weak reports on a number of fronts. Unemployment claims are up, home sales are plunging without government incentives and manufacturing growth is slowing.
