News tagged with “mortgage crisis”. Found:
17 tagged news reports.
Your Search Returned 17 tagged news reports
US stocks jump on economic growth
New York City :: NY :: USA | about 1 month ago
Credibility
US stocks surged on Thursday after government data showed that the economy had exited recession in the third quarter to post its strongest growth in two years. The Dow Jones Industrial Average chalked up 199.89 points (2.05 percent) to 9,962.58, marking...
Tags: exited recession, strongest growth, economy grew, government data, Commerce Department, global financial, financial crisis, data showed, mortgage crisis, crisis triggered
BizJournals: WUSF, Bay News 9 partner on local mortgage crisis TV special
Jacksonville :: FL :: USA | 3 months ago
Credibility Public Broadcasting and Bay News 9 have partnered to produce a program focused on the Tampa Bay area mortgage crisis. “Facing the Mortgage Crisis: A Florida Matters Special” takes a look at how the mortgage crisis is affecting homeowners in the Bay area,...
Tags: mortgage crisis, Bay News, Tampa Bay
Obama unveils plan to stem foreclosures
Mesa :: AZ :: USA | 9 months ago
Credibility President Barack Obama rolled out a bold $75 billion, three-part plan Wednesday to halt the soaring rate of mortgage foreclosures nationwide, one that seeks to encourage refinancing of homes now worth less than their mortgages and provides incentives...
Tags: Barack Obama, Mr Obama, American Dream, mortgage crisis, obama unveils, president barack, Arizona, housing plan, foreclosures preventing, mortgage payments
Long Beach Press Telegram: Something worth a `yes'
Baghdad :: Iraq | about 1 year ago
Credibility Some voters on Nov. 4 will be hard pressed to find a ballot measure they can vote yes on with confidence...It's Proposition 12, a $900 million bond issue to finance home loans for veterans. (Yes, that's million, not billion.) The yearly payments would...
Tags: mortgage, mortgage crisis, bailout plan, crisis, loan, bailout, finance
Obama, McCain Grind It Out in Ohio
Statistical Dead Heat Realls Era of "Three yards and a cloud of dust" OhioNewsBureau by John Michael Spinelli Columbus, Ohio: With less than a month until Election Day, the ground game for president between Illinois Democrat Barack Obama and Arizona...
Tags: Ohio, Barack Obama, John McCain, Keating Five, economy, jobs, subprime loans, mortgage crisis, federal bailout, Working America, AFL-CIO
Oracle of Omaha Says Current US Credit Crisis an "Economic Pearl Harbor"
Ohio Senators, Heeding Advice from World's Richest Man, Act Quickly to Avoid New Depression OhioNewsBureau by John Michael Spinelli Columbus, Ohio: Calling it an "economic Pearl Harbor," Warren Buffett, the world's richest man, told...
Tags: Ohio, George Voinovich, Sherrod Brown, economy, jobs, subprime loans, mortgage crisis, federal bailout
Help sought for struggling homeowners
Washington :: DC :: USA | about 1 year ago
Credibility But the main proposals to ease the foreclosure problem face practical and political problems, and there's no consensus that the measures would actually work...Both face practical and political problems, and there's no consensus that the measures would...
Tags: mortgage crisis
Fed poised to curb shady lending
Washington :: DC :: USA | about 1 year ago
Credibility Confronted by record foreclosures, the Federal Reserve is ready to give home buyers more protection from the types of shady lending practices that have contributed to the housing crisis. Chairman Ben Bernanke and his central bank colleagues were expected...
Tags: US Federal Reserve, Federal Reserve Board, New Fed, mortgage lenders, ones mortgage, rules designed, central bank, subprime loans, mortgage crisis, mortgage lending
AIG posts Q1 loss of $7.8b
Washington :: DC :: USA | about 1 year ago
Credibility AIG shares tumbled $3.27, or 7.4 percent, to $41.45 in after-hours trading on Thursday after the company disclosed it needs fresh cash and reported a first-quarter loss of $7.81 billion. The capital raising effort will be a two-step process, with the...
Tags: mortgage crisis
Black & Decker cutting 700 jobs
Towson :: MD :: USA | about 1 year ago
Credibility Black & Decker Corp. will cut about 700 jobs, or about 3 percent of its work force, and close a plant in Arkansas in the wake of a disappointing quarterly earnings report...The Towson-based toolmaker made the announcement Thursday after reporting that...
Tags: mortgage crisis, U.S, quarter earnings, subprime mortgage
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