WASHINGTON (MarketWatch) – A deal struck between President Barack Obama and congressional Republicans that extends Bush-era tax cuts was approved in the Senate Wednesday by a vote of 81 to 19. The $858 billion package seeks to preserve the tax cuts enacted nearly a decade ago under President George W. Bush for two years, extends [...]
Posts Tagged ‘Washington’
Baltimore Washington Area Housing Returns to Seasonal Norm
December 10th, 2010
admin Sales Down Over November 2009 Data but Encouraging Pattern of Stability RBI Releases November 2010 Residential Real Estate Market Statistics ROCKVILLE, Md., Dec. 10, 2010 /PRNewswire-USNewswire/ — RealEstate Business Intelligence (RBI), an MRIS company, released the latest market data on the Baltim View full post on All Stories
DOJ Lending Case Highlights Abuses on FHA-Backed Mortgages
December 9th, 2010
admin WASHINGTON, Dec. 9, 2010 /PRNewswire-USNewswire/ — The Department of Justice’s $2 million settlement this week with PrimeLending spotlights serious problems on loans insured by the Federal Housing Administration (FHA). The case found inconsistent and abusive pricing on loans to African-American bor View full post on All Stories
A two-year low hints at hiring pickup
December 2nd, 2010
admin WASHINGTON – November marked a two-year low for the number of people applying for initial unemployment benefits, suggesting that the tight job market may be easing at last. The slowing of layoffs and a solid month for retailers are the latest evidence of a strengthening economy in the final months of the year. Even the [...]
Mortgage interest rates rise slightly
December 2nd, 2010
admin WASHINGTON, Dec. 2 (UPI) — Average interest rates for long-term mortgages rose slightly in the week ending Dec. 2, the U.S. Federal Home Loan Mortgage Corp. said Thursday. View full post on All Stories
Lawmakers hit banks and regulators on foreclosures
November 18th, 2010
admin WASHINGTON (Reuters) – Lawmakers hauled the top U.S. mortgage lenders and their regulators to Capitol Hill on Thursday to chastise them for widespread flaws in foreclosure documents, but failed to extract any promises of fines or fresh loan modification programs. View full post on All Stories
Hard time for prison plan: Terror suspects unlikely to be housed in Illinois
November 17th, 2010
admin WASHINGTON – A prison in tiny Thomson, Ill., captured the world attention’s a year ago when White House officials called it a top candidate for housing terror suspects detained in Guantanamo Bay, Cuba View full post on All Stories
Greenspan warns of bond crisis
November 14th, 2010
admin Former Federal Reserve chairperson Alan Greenspan says the US must move to rein in its massive budget deficits. ||| Washington – The United States must move to rein in its massive budget deficits or it faces the risk of a bond market crisis, former Federal Reserve chairperson Alan Greenspan said on Sunday. “We’ve got to [...]

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