Search Results for: "housing crises"
HUD Secretary Resigns Amid Favoritism Charges
WASHINGTON _ Secretary of Housing and Urban Development Alphonso Jackson announced his resignation on Monday amid allegations that he displayed political favoritism in the awarding of federal contracts. Jackson, a close Bush ally and former chief ...
http://www.voiceofarizona.com/HUD_Secretary_Resigns_Amid_Favor-5225-1-18973.htm
Kofi anyone?
Kofi anyone? Kofi anyone? Kofi anyone? Kofi anyone? George W Busch, Britney,Ford F-150, TMZ, 50 cent, election, global George W Busch, Britney,Ford F-150, TMZ, 50 cent, election, global George W Busch, Britney,Ford F-150, TMZ, 50 cent, election, global... ...
http://www.voiceofarizona.com/Kofi_anyone-5031-2-14426.htm
Home Equity Below 50% Level
The drop below 50% is partly symbolic: Average home equity was declining even as the last housing boom approached its peak in 2005 ... As the "wealth effect" powered consumer spending across the economy during the housing boom, declining ...
http://www.voiceofarizona.com/Home_Equity_Below_50_Level-5225-3-15493.htm
Utah Bucks U.S. Trend: Foreclosures Fall 17%
By Jasen Lee Deseret Morning News The housing crunch is leaving many homeowners across the nation in crisis, with almost 80 percent more homes going into some stage of foreclosure in 2007, but the Beehive State is continuing to buck the national ...
http://www.voiceofarizona.com/Utah_Bucks_US_Trend_Foreclosu-5225-1-12223.htm
Fed Chief: Banks Should Do More
housing downturn requires a "vigorous" response and urged the financial industry to reduce mortgage balances for many strapped borrowers who owe more than their homes are worth ... He reiterated his opposition to any government-funded housing ...
http://www.voiceofarizona.com/Fed_Chief_Banks_Should_Do_More-5225-3-15184.htm
Home Sales Show Modest Gain
Monday's data "may be the first sign of some stabilization in the housing market," said the economist, "but it is still far too early to call an end to the slide in housing activity ... "That's good news," he added, "because it'll be a further sign ...
http://www.voiceofarizona.com/Home_Sales_Show_Modest_Gain-5225-3-5961.htm
Health Risks Force FEMA to Empty Katrina Trailers
David Paulison said the agency hopes to get everyone out and into hotels, motels, apartments and other temporary housing by the summer, when the heat and stuffy air could worsen the problem inside the trailers ... The findings stirred worry and anger ...
http://www.voiceofarizona.com/Health_Risks_Force_FEMA_to_Empty-5225-1-12546.htm
Are Home Sales Perking Up?
By Jasen Lee Deseret Morning News and Martin Crutsinger Associated Press The news was mixed on the Salt Lake County housing front in February, with sales of existing single-family homes and condominiums climbing 19 percent compared to January, ...
http://www.voiceofarizona.com/Are_Home_Sales_Perking_Up-5225-3-18065.htm
Markets Flat on Friday, Lower for Week
By TIM PARADIS By Tim Paradis The Associated Press NEW YORK Wall Street finished an erratic week narrowly mixed Friday after a government report of a steep decline in new-home sales stirred concerns that weakness in housing will ...
http://www.voiceofarizona.com/Markets_Flat_on_Friday_Lower_fo-5225-3-5678.htm
Sunny Sign in Home Resales: Experts Debate Whether Monthly Uptick Indicates Decline is Easing
Monday's data "may be the first sign of some stabilization in the housing market," said the economist, "but it is still far too early to call an end to the slide in housing activity ... " Few people were suggesting that the housing sector, which ...
http://www.voiceofarizona.com/Sunny_Sign_in_Home_Resales_Expe-5225-3-6012.htm
Fed Lowers Growth Forecast
"With no signs of stabilization in the housing sector and with financial conditions not yet stabilized, the committee agreed that downside risks to growth would remain even after this action," according to minutes of the Fed's Jan ... The ...
http://www.voiceofarizona.com/Fed_Lowers_Growth_Forecast-5225-3-13374.htm
Paulson Plan Aims to Temper Regulation
"With very few exceptions, most of this blueprint should not and will not be implemented until after the present market difficulties are past," he said, adding that the plan continues to rely on "market discipline" to prevent major financial ...
http://www.voiceofarizona.com/Paulson_Plan_Aims_to_Temper_Regu-5225-1-18938.htm
Fed Lowers Economic Outlook
By Jeannine Aversa Associated Press WASHINGTON -- The Federal Reserve on Wednesday lowered its projection for economic growth this year, citing damage from the double blows of a housing slump and credit crunch ... "With no signs of ...
http://www.voiceofarizona.com/Fed_Lowers_Economic_Outlook-5225-3-13432.htm
Fed to Unveil Plan to Curb Shady Lending Practices
The rules to be proposed are especially geared to providing some future safeguards to the riskiest "subprime" borrowers, already painfully stung by the housing and credit debacles ... The Fed's response has taken on importance given the ...
http://www.voiceofarizona.com/Fed_to_Unveil_Plan_to_Curb_Shady-5225-3-4509.htm
6 Lenders Expand Efforts to Aid Struggling Borrowers
The plan, called Project Lifeline, is to be announced today by the Treasury Department and the Department of Housing and Urban Development, a person familiar with the plan said Monday evening ... mortgage lender, said it will work with a housing ...
http://www.voiceofarizona.com/6_Lenders_Expand_Efforts_to_Aid_-5225-1-12056.htm
