Newsroom Headlines

  November 26, 2008 Credit Crisis Squeezes Assisted Living Operators The credit crisis is battering the two largest publicly traded operators of housing for the elderly, the New York Times reported

  November 25, 2008 Judicial Pay Raise Stalls Again in Congress The federal judiciary's long quest for salary increases made little progress at the end of last week's lame-duck session of Congress

  November 24, 2008 Federal Regulators Approve Plan to Help Citigroup Cope With Losses Federal regulators announced yesterday that they had approved a plan to stabilize Citigroup in an arrangement in

  November 21, 2008 Fannie, Freddie to Suspend Foreclosures During Holidays Mortgage giants Fannie Mae and Freddie Mac will suspend foreclosure sales and evictions on certain properties until after

  November 20, 2008 HUD Secretary Says Mortgage Programs Are Ineffective Two government programs intended to help hundreds of thousands of borrowers avoid foreclosure are having negligible effects, a

  November 19, 2008 Mortgage Modification Bill to Be Considered by Senate Judiciary Committee The 'Homeowner Assistance and Taxpayer Protection Act,' (S. 3690) will be examined at a hearing today

  November 18, 2008                  Investors Hit Bank of America for Loan Modifications Some investors who hold securities backed by Countrywide mortgages are not pleased with the manner that Bank

  November 17, 2008 Downturn Drags More Consumers into Bankruptcy The economy’s deep troubles are pushing a growing number of already struggling consumers into bankruptcy, often with far more debt

  November 14, 2008 FDIC Details Plan to Alter Mortgages Officials at the Federal Deposit Insurance Corp. yesterday detailed a plan to prevent 1.5 million foreclosures in the next year by offering

  November 13, 2008 Hedge Fund Managers to Testify at House Hearing Hedge fund managers Philip Falcone, Kenneth C. Griffin, John Paulson, James Simons and George Soros will testify before the House