MBA: Lenders need to cooperate with Congress Pending home sales continue to climb The only region to post a month-to-month decline was the Northeast, where pending home sales fell 3.3 percent. However, the PHSI in the Northeast remained 27.2 percent higher than a year ago.While campaigning for the May 12 election, both Mr Kumaraswamy’s party and the Congress had promised the big-ticket step of waiving farm loans. Mr Kumaraswamy has. has him questioning the need for.
FORTUNE – In his new book, Stress Test, former Treasury Secretary Tim Geithner says nice things about me, kind of. For the most part, he fairly recounts our disagreements during the 2008.
A poll by CNN in December found Americans almost evenly split on the idea of using federal dollars to help out struggling homeowners, with 51% supporting some kind of help and 46% opposed.
Two charts show where Americans stand on housing Jed Kolko, chief economist at real estate information giant Trulia, recently shared these two graphs that give us an interesting glimpse into what’s happening in the American housing market.. This first graph shows that housing development is growing fastest in the suburbs. To be precise, the most sprawling, suburban of suburbs.
Public opinion polls show many Americans oppose the plan. Many of the lawmakers who voted against the bailout are in competitive races for re-election just over a month before voters go to the polls.
Half of the homeowners who entered the program were booted out. It soon became apparent that the program had been implemented to stave off foreclosures until after the 2010 election. Treasury.
60% Oppose Financial Bailouts; 74% Say Wall Street Benefited Most. Survey of 1,000 American Adults *** Just 20% think it was a good idea for the government to provide bailout funding to banks and other financial institutions, but 60% say otherwise.
· U.S. lawmakers on Wednesday threatened to withhold the remaining half of the $700 billion of financial bailout cash unless Treasury Department officials do more to.
The Senate voted yesterday to release the second half of the. markets and help millions of homeowners avoid foreclosure. Within hours, the Treasury Department announced it would tap those funds to.
John McCain’s proposal to buy up bad home mortgages would use nearly half the $700 billion from the recent wall street bailout package to assist Americans directly, instead of indirectly by.
The Treasury aired the possibility of seeking the second half. for homeowners, rank-and-file lawmakers might not go along. Christopher J. Dodd (D-Conn.), chairman of the senate banking committee,
NAFCU: The credit union perspective on housing finance reform · Stafford was critical of previous housing finance proposals, saying they did not address the needs of community-based lenders, and stressed that “large institutions” not be given control of the market for aggregating mortgages in order to preserve credit union access to the secondary markets.
· Six Reasons Deficits Will Doom The Dems In 2010. 56% of Americans oppose giving bankers any additional government money or any guarantees backed by the government.. say they oppose the $700.
Here’s why Radian’s 1Q revenue beat expectations Tech bubble vs. Housing bubble Bursting The Micro-Bubble In Tech Stocks & How To Bet. – · There is a “micro-bubble” in certain tech stocks, where valuations reflect expectations for future cash flows that would require unrealistically high margins, growth, and market share.Software maker Oracle Corp. today posted first-quarter earnings that beat previous expectations. Revenue, however, was down slightly from a year ago. In a statement, the company said it posted first-quarter earnings of $510.65 million, or 9 cents per share, compared with $500.68 million.
"As you may recall, last October, Congress passed and President Bush signed into law a $700 billion Troubled Asset Relief Program, referred to as TARP, to aid the financial sector by purchasing failing bank assets. The FIRST half of that money, $350 billion, was authorized and distributed late last year.