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Housing crisis may be waning - Inside Bay Area
The housing market remains trapped in a quagmire, according to two reports released Tuesday, but some signs emerged that hint the sector could start to see daylight before long. Home loans in default rocketed higher during the second quarter in the ...
Paulson: Rescue bill key to solving housing crisis - Boston Globe
WASHINGTON— Treasury Secretary Henry Paulson said Wednesday that agreement on a sweeping housing rescue bill will send a strong message to investors around the world and will be key to helping the nation turn the corner on the housing crisis ...
White House: Bush will sign housing rescue bill - USA Today
President Bush has reportedly dropped his opposition to a bill to help the country pull through the mortgage and housng crisis. Here, a foreclosed home is seen in Vallejo, Calif. WASHINGTON (AP) — President Bush dropped his opposition Wednesday to ...
Bush Drops Opposition To Housing Rescue Bill - NPR News
NPR.org , July 23, 2008 · President Bush on Wednesday reversed his stance and moved to back a congressional plan to help Fannie Mae and Freddie Mac weather the mortgage crisis and to provide struggling homeowners with more affordable loans. White ...
Cemex sees worsening U.S. housing market - Forbes
MONTERREY, Mexico (Reuters) - Mexico's Cemex (nyse: CX - news - people ), the world's No. 3 cement maker and the top U.S. producer, sees no improvement in the battered American housing market but kept its 2008 pre-tax earnings forecast at $5.3 ...
Debt crisis spreads to credit cards - Guardian Unlimited
NEW YORK, July 23 (Reuters) - Even as Washington Mutual Inc lost billions of dollars from risky mortgages, the largest U.S. savings and loan could rely on its credit card business to turn a profit. No longer. The thrift's $175 million second-quarter ...
Paulson says sweeping rescue bill will be key to turning the corner on ... - Minneapolis Star Tribune
Toyota's global sales rose 2 percent in 1st-half Paulson says sweeping rescue bill will be key to turning the corner on housing crisis Hershey 2Q profit, sales up after price increase NY Times misses Wall Street forecast ConocoPhillips 2Q profit ...
Bush won't fight housing package - Detroit Free Press
WASHINGTON — President George W. Bush has dropped his opposition to legislation that aims to calm the chaotic housing market despite his opposition to a $3.9-billion provision, the White House said today. Under the bill, the government would help ...
White House drops opposition to housing bill - MSNBC
WASHINGTON - President Bush dropped his opposition Wednesday to legislation aiming to calm the chaotic housing market despite his objections to a $3.9 billion provision. The House was expected to vote on the bill Wednesday, and it could become law as ...
Bush drops opposition to housing bill - Miami Herald
WASHINGTON Congress is moving quickly to pass a housing package that aims to help 400,000 strapped homeowners avoid foreclosures and prevent Fannie Mae and Freddie Mac from collapsing. Momentum for passage picked up mightily after President Bush ...