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U.S. Considering Changes Before Foreclosures February 25, 2010, New York Times The Obama administration, under intense pressure to help millions of people in danger of losing their homes, is considering a ban on foreclosures unless they have first been...
Banks on Sick List Top 400 August 28, 2009, Wall Street Journal The banking industry continues to deteriorate, with federal regulators adding 111 lenders to their list of endangered banks in the latest quarter, even as the economy shows signs of stabilizing...
Those Who Lose Homes May Face State Tax Hit August 25, 2009, San Francisco Chronicle Californians who lose their homes in a foreclosure, short-sale or deed in lieu of foreclosure this year could be hit with a state income tax on canceled or forgiven debt...
Paper Avalanche Buries Plan to Stem Foreclosures New York Times Somewhere on earth, there must be a more difficult task than this: persuading American mortgage companies to lower payments for homeowners who can no longer afford their loans. But as Karina...
Treasury Plan to Deal With Toxic Assets Banks on Private Cash Wall Street Journal Noting that the U.S. financial system "is still working against economic recovery," the Treasury Department Monday revealed details of its plan to address toxic...
Bernanke Outlines Steps to Avoid Future Crises Wall Street Journal U.S. Federal Reserve Chairman Ben Bernanke on Tuesday outlined steps he thinks would help avert future financial crises, saying the time for such a longer-term discussion has come even...
FDIC foreclosure plan winning support: US Sen. Dodd Feb. 5, 2009, Reuters The chairman of the U.S. Senate Banking Committee said on Thursday that a proposal from Federal Deposit Insurance Corp Chairman Sheila Bair to reduce foreclosures is winning support...