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Loans

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  • Albany: Foreclosure bill

     
    Paterson and the legislature have agreed on a bill to address the sub-prime crisis. Key provisions: 90-day notice before foreclosure proceedings are instituted, and a mandatory settlement conference requiring face-to-face meeting with homeowner and lender. Ful
  • Cuomo at HUD and the federal home loan mess

     
    Andrew Cuomo???s tenure as federal Housing and Urban Development secretary and how it contributed to today???s mortgage crisis receives an in-depth look here from the Village Voice???s Wayne Barrett. The report shows that Cuomo???s drive to increase...

    McCain OK on bank loans: FEC

     
    by Frank James The Federal Elections Commission voted six-zip today to ratify Sen. John McCain's position that he didn't pledge public-campaign funds to get a bank loan that helped keep his campaign afloat earlier in the election cycle. . McCain,...

    Fed economic action: 'Unprecedented'

     
    By Mark Silva Capping a week of extraordinary government intervention in an economy in crisis, President Bush is at once supporting unparalleled federal action with hundreds of billions of taxpayer dollars at stake and attempting to offer Americans a...

    Bailout, crisis, economic politics ahead

     
    by Mark Silva In the short run, congressional leaders have achieved their goal of producing an agreement Sunday on a federal bailout of banks and other financial institutions holding bad mortgage debts before the world's stock markets reopened. But in...