Memo to The Banks: Lend or Else
Washington Post, United States - 5 minutes ago
To skirt international capital regulations, they hid their subprime-related mortgage-backed securities in off-balance-sheet vehicles. ...

NY immigrant tenants live in unsafe, poor housing conditions
IndiaPost.com, CA - 6 minutes ago
The foreclosure crisis is exacerbating the problem, and even drop in real estate prices is providing little relief. Rent declines are concentrated in ...

US regulators pressing Citigroup to shake up board
International Herald Tribune, France - 8 minutes ago
... the extent of government involvement in the company, with an investment of $45 billion and guarantees on $269 billion of illiquid mortgage assets. ...

Brown to pledge $760 million to help stem joblessness
International Herald Tribune, France - 8 minutes ago
"That is why we need measures from government to tackle the credit crunch, and get finance flowing through the economy again. If we do not get credit moving ...

In '09, locals helped Italy recover from tragic quake
Hutchinson News, KS - 13 minutes ago
Alf Landon asked for a special legislative session to enact a mortgage moratorium that would extend for another six months. The second snow of the year hit ...

Rep. Joe Baca riled by Latino lending accusations
Press-Enterprise, CA - 13 minutes ago
"As we now know, the result is a lot of people who were not qualified to buy a house are now facing foreclosure and our financial system has experienced a ...

Indian market likely to open lower; IIP data eyed
RTT News, NY - 14 minutes ago
According to experts, quarterly earnings scorecard may be poor due to high input costs, piling of inventories, the credit crunch and high interest rates. ...

Your voices: Pay off house, buy a new car
Arizona Republic, AZ - 17 minutes ago
It would help the middle-class savers who aren't making money in IRAs and give them extra money to spend every month after they pay off their mortgage. ...

Bankruptcy filings double in McAllen area
Brownsville Herald, TX United States - 19 minutes ago
Hundreds of homeowners sought protection from creditors this year as property values fell and mortgage rates ballooned, sending the number of filings rising ...