Newsroom Headlines

  March 2, 2009 Government Offers AIG $30 Billion in New Funds The federal government agreed yesterday to provide an additional $30 billion in taxpayer money to the American International Group and

  February 27, 2009 FDIC Poised to Double Fees Charged to Lenders The Federal Deposit Insurance Corp. is expected to raise the fees that it charges banks by more than double in an effort to replenish

  February 26, 2009 House Set to Vote on Mortgage Cramdown Legislation Today Despite reluctance from some moderate Democrats, the House is scheduled to consider legislation today that would allow

  February 25, 2009 CBO: Bankruptcy Filings Would Rise Under Mortgage Modification Bill The Congressional Budget Office said that more than one million distressed homeowners could benefit from filing

  February 24, 2009 Democrats Tweaking Mortgage Relief Bill Ahead of Vote In anticipation of a Thursday floor vote, House Democrats have revised legislation to allow bankruptcy judges to modify home

  February 23, 2009 Autos Bankruptcy Funding Solicited for Car Makers Outside advisers to the U.S. Treasury have started lining up the largest bankruptcy loan ever, talking with banks and other

  February 20, 2009 Mortgage Rescue Eligibility Still Being Finalized A day after President Obama unveiled his $75 billion foreclosure prevention program, administration officials yesterday said they

  February 19, 2009 Housing Administration’s Housing Bailout Plan Could Total $275 Billion President Barack Obama’s housing bailout plan, which could cost as much as $275 billion, will enable as many

  February 18, 2009 Housing Administration’s Housing Plan Likely to Include Cramdown Provisions President Barack Obama's plan to aid troubled homeowners set to be unveiled today will include efforts

  February 17, 2009 Administration’s Housing Plan Likely to Put Pressure on Lenders President Obama’s plan to reduce home foreclosures will include a mix of government inducements and new pressure on