The question is how to withdraw support without undermining the fragile recovery. Uncle Sam is trying to get out of the business of running the U.S. mortgage market. The trick will be withdrawing support without toppling the nation's fragile housing recovery in the process.
U.s. Aims To Stop Backing Mortgages
Los Angeles Times - Top News, Los Angeles Times
Wed, 02/10/2010 - 10:20pm
RELATED ARTICLES
- US home building is surging, but job growth isn't
The resurgent U.S. housing market has sent builders calling again for Richard Vap, who owns a drywall installation company. Vap would love to help - if he could hire enough qualified people. "There is a shortage of manpower," says Vap, owner of South Valley Drywall in Littleton, Colo. More - New home sales rise, housing recovery still on track
Sales of new single-family homes rose in March, indicating the housing market recovery remains on track. More - Existing home sales edge down, prices rise
Home resales edged downward in March, a pause in the housing market recovery that has helped boost the economy. More - Wall Street betting billions on single-family homes in distressed markets
Big investors are pouring unprecedented amounts of money into real estate hard hit by the housing crash, bringing those moribund markets back to life but raising the prospect of another Wall Street-fueled bubble that won’t be sustainable. More - Banks Revive Risky Loans and Mortgages
Investments that were vulnerable in the last financial crisis and believed to be gone for good have largely escaped new rules that were made to prevent another crisis. More
BING NEWS:
- White House signaling it will likely stop Nippon Steel’s plans to buy US Steel
The White House is signaling an openness to blocking the acquisition of U.S. Steel by Nippon Steel, as a government review of the proposed takeover by the Japanese company is on ...
09/4/2024 - 9:05 am | View Link - Post Office and Fujitsu malevolence and incompetence means huge final taxpayers’ bill
The human tragedy caused by the Post Office scandal cannot be measured, but Fujitsu knows the total financial cost will be.
09/3/2024 - 10:05 pm | View Link - Election 2024 highlights: Harris and Trump gear up for 2-month sprint to finish line
Latest news and updates on the 2024 elections. Follow the Harris and Trump campaigns as they pursue votes ahead of November.
09/3/2024 - 4:50 pm | View Link - Trump to plead not guilty to charges in revised US indictment
Former U.S. President Donald Trump said in a court filing that he would plead not guilty to criminal charges in a revised indictment accusing him of attempting to overturn his 2020 election defeat.
09/3/2024 - 1:53 pm | View Link - Sherrod Brown wants to stop Chinese companies from getting U.S. tax breaks for solar manufacturing
"We will not allow the Chinese government to take down the American solar manufacturing industry," said a statement from Brown.
09/3/2024 - 7:34 am | View Link - More
Welcome to Wopular
Wopular is an
online newspaper rack,
giving you a summary view of the top headlines from the top news sites.
Senh Duong (Founder)
Wopular,
MWB,
RottenTomatoes
MoviesWithButter : Our Sister Site
- "Expendables 4" Starts Shooting This Fall, Says Randy Couture at the Arnold Sports Festival more
- “Expendables 4” Gets Funding Interest from “Ip Man 3” Financier more
- "Ip Man 3" Distributor Suspected of Box Office Fraud, Parent Company Loses $200M in Market Cap more
- Yen Targets "Ip Man 4" for 2018 Release; Discusses Film with Director, Producer more
- "Ip Man 3" Shatters Expectations with $72M Opening [China Box Office] more