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Barack Obama & Housing Crisis News is an EIN News Service for political professionals. Constantly updated news and information about U.S. politics.
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Latest Barack Obama & Housing Crisis News

  • US FDIC's Bair cautions on big bank break-up power 24 Nov 2009 18:38 GMT
    ... lauded her for issuing early warnings about subprime loans and for pushing aggressively for mortgage modifications. She stopped short of giving outright ... by governments for possible mandated divestitures. The Obama administration and congressional Democrats want a new way ...

  • 36% Say Stimulus Good for Economy, 34% Disagree 24 Nov 2009 18:01 GMT
    ... stimulus have remained largely unchanged since President Obama signed it into law in February. A new ... is least likely to achieve. handling the credit crisis and federal bailout programs. Just 20% rate ...

  • Hoover vs. Keynes -- Who's winning the debate 24 Nov 2009 17:20 GMT
    ... generally high regard among fellow economists. If Obama buckles to pressure on the deficit, he risks, ... and a federal deficit is not a mortgage. Different rules apply -- it need not ... the government's ineptitude in managing the economic crisis, the Treasury secretary fired back "you gave ...

  • Grandstanding won't create jobs 24 Nov 2009 17:15 GMT
    ... to political second-guessing. For its part, the Obama administration is pushing extension of a $375 ... pushing extension of a $375 million small-business credit subsidy that is more of a political ... of employment growth before the bust was housing, which generated work for everyone from title ...

  • Reader Emails on Birth/Death Model and Unemployment Rate 24 Nov 2009 17:13 GMT
    ... down in the heat of the financial crisis, miscounting the number of jobs by an ... weaker than initially thought when President Barack Obama took office in January. More recent figures may ... demand and choking off vital sources of credit at the same time. Jan Hatzius, an ...

  • TARP update: Strong banks, weak credit 24 Nov 2009 16:50 GMT
    ... – Big banks are roaring back. At crisis' edge last year, they are repaying billions ... mitigating foreclosures and helping banks shed toxic mortgage-backed assets. A program announced with fanfare four ... (even more, about $300 billion, unspent), the Obama administration is considering extending at least a portion ...

  • TARP repayment plans: Too late now to change public sentiment? 24 Nov 2009 16:17 GMT
    ... will be $30 billion to support the housing industry. In addition, the Capital Purchase Program, which ... billion and $15 billion, while other TARP credit programs will reach costs of about $10 ... early 2008 (Bush administration) and early 2009 (Obama administration), which together will cost the taxpayers ...

  • Strategic management theory offers fresh take on the economic crisis 24 Nov 2009 15:22 GMT
    ... theory offers fresh take on the economic crisis Los Angeles, London, New Delhi, Singapore and ... program in 2008 and continuing through the Obama Administration in 2009 represent a complex mixture of ... series of financial institution failures and frozen credit markets that threaten American families' financial well-being, ...

  • De Borchgrave: Net-centric Cassandras 24 Nov 2009 14:51 GMT
    ... to buy U.S. Treasury securities." And President Obama, afraid China won't buy more U.S. debt, failed ... was the criminal predatory lending scams for subprime mortgages in the United States in 2006 ... kept -- up from one in 14 mortgage holders in the last quarter of 2008 ...

  • Commentary: Net-centric Cassandras 24 Nov 2009 14:51 GMT
    ... to buy U.S. Treasury securities." And President Obama, afraid China won't buy more U.S. debt, failed ... was the criminal predatory lending scams for subprime mortgages in the United States in 2006 ... kept -- up from one in 14 mortgage holders in the last quarter of 2008 ...

  • OPINION: Where is patience when we need it? 24 Nov 2009 14:50 GMT
    ... according to the reports, is that the Obama administration is not moving nearly fast enough ... months or decades to develop into a crisis (a housing bubble, a habit of overspending, youth violence, ...

  • Citi Pushes Mortgage Principal Foregiveness 24 Nov 2009 14:36 GMT
    ... not just restructured loans, Citigroup Inc.'s (C) mortgage chief said. The comments by Sanjiv Das, ... faring, a keen interest of President Barack Obama, other politicians, and community groups. Citi said it ... Jones Newswires. "The solution" of the mortgage crisis "has to move into the next gear," ...

  • Big banks bounce back, but taxpayers stuck with $155B bill 24 Nov 2009 14:10 GMT
    ... At crisis' edge last year, they are repaying billions ... mitigating foreclosures and helping banks shed toxic mortgage-backed assets. A program announced with fanfare four ... (even more, about $300 billion, unspent), the Obama administration is considering extending at least a portion ...

  • Wind Industry Leaders Applaud ARRA, Express Concern Over PPAs 24 Nov 2009 13:50 GMT
    ... the U.S. to other countries after the credit crisis and the devaluation of the production tax ... by the notoriously plodding federal government. The Obama Administraton and federal government as a whole showed ...

  • REPEAT-US cities grapple for new jobs in economic upswing 24 Nov 2009 13:35 GMT
    ... was it a windfall from President Barack Obama's economic stimulus plan. Rather, it was the ... because it was more vulnerable to the housing crisis and relied heavily on the movement of ...


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