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An Olympic housing plan in which thousands of visitors would have stayed on cruise ships has been called off because of the rough economy.
A new federal program to support state and local housing finance agencies is expected to involve more than $29 billion in government support, Fannie Mae and Freddie Mac disclosed Thursday.
Construction of new homes unexpectedly plunged last month, as builders waited to see whether lawmakers would extend a tax credit for homebuyers.
Federal housing officials said Wednesday they're developing regulations to ensure that gays and lesbians aren't denied access to federally subsidized housing based on their sexual orientation.
Construction of new homes likely posted a modest gain in September although the recovery for the troubled housing sector remains bumpy.
The government's mortgage insurance agency is doing a poor job of screening lenders that enter the program, an internal audit has found.
Richard H. Freund had it all planned out: He’d work until he was 70 and his wife, a psychotherapist, turned 62.
Conservative Republicans are capitalizing on the troubles of community activist group ACORN — ranging from charges of voter registration fraud to embarrassing videos of its employees — to revive their long-standing fight against a federal law that grades banks on their investments in poor and minority neighborhoods.
ST. LOUIS - Following the lead of Fed Chairman Ben Bernanke and the stock market, the nation’s top business economists, gathering here for their annual meeting, have declared “the Great Recession of 2008-09 is over.” But the forecasters aren’t exactly popping champagne corks about what they see coming next.
Not even Supreme Court justices are immune from the economy. Justice Sonia Sotomayor plans to keep her apartment in New York for the time being, even as she gets a place in Washington.
Housing construction rose in August, but the results were mixed, with the large single-family sector falling for the first time in six months.
The government set expectations sky-high earlier this year when President Barack Obama launched an effort to help up 7 to 9 million homeowners avoid foreclosure.
The American dream of homeownership is still attainable. Buyers just have to deal with a new set of realities.
New York state violated the Americans with Disabilities Act by housing more than 4,300 mentally ill people in large nursing homes rather than integrating them into the community, a federal judge ruled Tuesday.
Despite recent signs of improvement, the housing industry still faces a long road back. The Answer Desk, by John W. Schoen.
A few thousand lifetime registered sex offenders illegally live in federally subsidized housing, an internal investigation found.
A key federal regulator is going to work for Wilbur Ross, a billionaire investor who specializes in making big profits through buying up bad debt.
At least the market for new homes isn't getting worse anymore, and that's the first step to getting better.
Some investors and market watchers say the stock market may have overestimated the prospects for an economic rebound — and share prices could be due for a big pullback.
The suburban county just north of New York City agreed Monday to create hundreds of affordable homes in heavily white communities and encourage nonwhites to move in.
Hundreds of families have been threatened with eviction due to a rent-calculation error at the New York City Housing Authority.
The federal agency that regulates Fannie Mae and Freddie Mac named Thursday an interim replacement for its director, who is stepping down at the end of the month.
The head of the federal agency that regulates mortgage finance companies Fannie Mae and Freddie Mac is planning to step down by the end of the month.
It was — note the past tense — the worst housing recession anyone but survivors of the Great Depression can remember.
Jerusalem Planning Over 5,000 New Arab Housing Units"The Jerusalem Municipality is plowing ahead with plans for construction of more than 5,000 housing units in Arab neighborhoods.
All: Another nail proving that the US Government is the largest Sub-Prime Lender in the market today and that were heading for another bubble. Read it and educate yourself then write your congressperson.
On the road to recovery.In this pictorial we share a glance at but a tinny piece of the American tragedy. It becomes apparent that the condition of our nation's housing is an accumulation of several decades of of financial / social degradation and abandonment.
It's been reported that out of the 12.2 trillion dollars committed, 2.5 trillion dollars or so has been injected into the U.S. economy during last 18 months by the federal government.
It's halftime for the Arizona housing market. The players are getting tired. The referees keep changing the rules and we can't seem to get past the line of scrimmage to complete a first down.
FHA runs low on cash, fueling bailout concernsOH NO, NOT AGAIN! WASHINGTON - The Federal Housing Administration, which propped up the collapsing housing market last year, acknowledged yesterday that it has drained its cash reserves to dangerously low levels, heightening concerns that it might need a taxpayer bailout.
Somehow, while the Republicans were on duty, the Stock Market took control of the power of our Congress. Both the House and the Senate. The Stock Market is now making our laws.
Texas is the new retirement mecca -- latimes.comReporting from Galveston, Texas - After trying out Pasadena, Atlanta and Miami, Lilian Junco decided this was the place to retire.
The American economy is a happy place. The stock market is above 10,000. Corporate profits have improved. Productivity in the work place has surged.
Senate acts to extend unemployment benefits, expand home-buyer tax credit - USATODAY.comWASHINGTON — Recognizing that a weak economy still needs a government boost, the Senate voted overwhelmingly Wednesday to provide the jobless with up to 20 weeks in additional unemployment benefits and expand a first-time homebuyer tax credit to include a far larger pool of peo …
One of the silent killers of the economic recovery may be a program the President first introduced in Phoenix back in February.
For these women veterans, a home to call their ownNORTHAMPTON - An oversized stuffed tiger lies across a bedspread in a brightly colored room where Tinamarie Polverari has draped a New York Yankees cap on a lampshade. She feels safe here.
First -time home buyers tax credit extension gets nod from Obama administrationAn extension of the first-time home buyers tax credit now seems all but certain, as the democratic proposal is given the nod by the Obama administration.
Do Dodd or Frank Care Why TARP Failed?Now that the truth is beginning to dribble out about the Troubled Asset Relief Program - the Government Accountability Office's eagle-eyed auditors said they found no evidence that it prevented a financial meltdown a year ago - this $700 billion monument to political posturing sh …
Home sales rise 9.4 percent in SeptemberWASHINGTON -- Racing to complete their purchases before a tax credit for first-time owners expires, homebuyers pushed sales up last month by the largest amount in more than 26 years.
In America It Still Seems to Be 'Tommy This, and Tommy That'It is estimated that more than 170,000 veterans, a number equal to the total troop strength of our military in both Iraq and Afghanistan, now find themselves unable to obtain meaningful employment in the civilian world.
United Nations Investigator Launches Probe Into US Housing CrisisHmmmm...don't hear any announcements about the UN investigating the "Human Right" of housing in Mexico, Guatemala, Brazil, any of the African nations, Egypt, Lebanon, southeast Asia...I could go on.... So much for the U.N. being an objective arbiter of Human Rights.
Canadian minorities feel discriminated, alienated: UN expertThe fact that this article states that police profile minorities and discriminate against them and they live in poorer housing and earn less money and have a higher unemployment rate in Canada appears to be a repeat issue of the United States and other countries as governments tu …
New Mortgage Rules: Credit Scores More Important Than EverThe Federal Truth and Lending Act was established in 1968, but with the new changes that the Federal Reserve recently made, it is now more difficult for new home owners to qualify for mortgages.
Fraud in First-Time Homebuyer ProgramSome Americans are using children as young as age four to defraud the government out of an $8,000 tax credit for first-time home buyers.
Video makers release tape of Philly ACORN tripTwo conservative activists release a new undercover video targeting ACORN, an attempt to reignite a simmering political controversy surrounding the Democratic-leaning agency.
Speaking in Maryland today President Obama announced his plan to use the remaining TARP funds for community banks (those banks with capitalization under one billion dollars). The idea is to stimulate job creation with loans to small business.
Fraud and Waste Rampant in D.C. Health Care Program for AIDS PatientsMore than $1 million in AIDS money went to a housing group whose ailing boarders sometimes struggled without electricity, gas or food. A supervisor said she was ordered to create records for ghost employees.
Don't reinflate the housing bubble | Washington ExaminerThe best way to avoid yet another housing bubble (and subsequent financial collapse) is to fire Dodd and Frank
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