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Tuesday, October 21, 2008
Washington Post, United States -
By Peter Whoriskey and Zachary A. Goldfarb Several major US banks are leaning toward spending a portion of their federal rescue money on acquiring other financial firms rather than for issuing new loans, the primary purpose of the government's $250 billion initiative to invest ... -
Wednesday, October 22, 2008
CNNMoney.com -
Poll majority are unhappy with Treasury Secretary and financial rescue plan, but approve of help for homeowners. By Jeanne Sahadi, CNNMoney.com senior writer October 22, 2008: 6:00 AM ET ... -
Oct 21, 2008
Lawrence Journal World, KS -
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Tuesday, October 21, 2008
Minnesota Independent, MN -
By Molly Priesmeyer 10/21/08 2:21 PM In a town hall meeting in Seattle Monday evening, Department of Housing and Urban Development secretary Steve Preston said John McCain’s mortgage proposal is an issue of “grave concern.” McCain’s plan for the housing decline includes the ... -
Wednesday, October 22, 2008
NewsReleaseWire.com (press release) -
The US government's new Hope for Homeowners program offers alternatives for Americans struggling with their mortgages, says Ethan Ewing, president of free ... -
Oct 20, 2008
Seattle Post Intelligencer -
By AUBREY COHEN Republican presidential candidate John McCain's plan to have the government pay the difference between the balances of troubled mortgages and what homes are now worth is troubling, the secretary of Housing and Urban Development said Monday evening. ... -
Oct 20, 2008
San Francisco Chronicle, USA -
US Housing and Urban Development Secretary Steve Preston will address the Mortgage Bankers Association meeting in San Francisco today alongside Karl Rove, President Bush's former deputy chief of staff and senior adviser, and George Mitchell, former Senate majority leader. ... -
Tuesday, October 21, 2008
Seattle Post Intelligencer -
AP SEATTLE -- The nation's housing chief says he has "grave concerns" about John McCain's proposal to require the government to rework bad home mortgages directly with homeowners. At a forum in Seattle Monday night, Housing and Urban Development Secretary ... -
Tuesday, October 21, 2008
Reuters -
By Patrick Rucker SAN FRANCISCO (Reuters) - A housing rescue plan authorized by the US Congress last summer was too narrowly tailored, but administrators will ease some rules so that it can save more troubled borrowers from foreclosure, the top U.S. housing policy ... -
Oct 20, 2008
TheStreet.com -
LA JOLLA, Ca. -- Southern California home sales shot up by an unprecedented 65 percent last month from the dismal, record lows of a year ago, when a credit crunch slammed the brakes on home financing. September sales also posted a rare gain over August as price cuts ...
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Oct 20, 2008
Los Angeles Times, CA -
Breaking news: Sales of existing homes in Southern California shot up 65% in September from year-ago levels, as prices continued their historic decline and bargain-hunters snapped up foreclosed houses, MDA DataQuick reported this morning. The research firm cautioned, however, that the September statistics ... -
Oct 20, 2008
San Diego Union Tribune, United States -
By Roger Showley San Diego County home prices slumped in September to levels last seen six years ago despite a rebound in sales volume, MDA DataQuick reported Monday. ... -
Oct 20, 2008
Reuters -
By Jim Christie SAN FRANCISCO (Reuters) - Southern California home sales soared nearly 65 percent in September from a year earlier as bargain hunters seized on the region's glut of foreclosures and depressed real estate prices, according to a report released on Monday by ... -
Oct 20, 2008
Los Angeles Times, CA -
Experts say the numbers reflect attitudes before the economic crisis worsened, and warn that despite the increase, the real estate market is likely to ... -
Oct 20, 2008
Bloomberg -
By Daniel Taub Oct. 20 (Bloomberg) -- Southern California home sales rose 65 percent in September, the biggest year-over-year increase in at least two ... -
Oct 20, 2008
Seattle Post Intelligencer -
Southern California home sales shot up by an unprecedented 65 percent last month from a year earlier, with foreclosures accounting for half of all sales, according to a new report . The increase reflects the fact that September ... -
Oct 20, 2008
San Diego Union Tribune, United States -
RIVERSIDE – Home sales in Riverside County jumped by 106.1 percent in September, compared to the same month a year ago, while prices dropped 36.8 percent, a real estate information service reported Monday. A total of 4,551 homes sold in September, up ... -
Oct 21, 2008
San Diego Union Tribune, United States -
By Roger Showley An unusual September jump in home sales, together with the biggest monthly drop yet in prices, could be early signs that San Diego County housing is approaching the bottom of a three-year-old downturn, industry experts and observers said yesterday. ... -
Tuesday, October 21, 2008
FOXNews -
LOS ANGELES — Southern California home sales jumped 65 percent in September from a year ago, as plummeting prices fueled by foreclosures lured more buyers, a real estate tracking firm said Monday."; yahooBuzzArticleCategory = "U.S."; yahooBuzzArticleType = "text"; ... -
Tuesday, October 21, 2008
Forbes, NY -
By ALEX VEIGA 10.21.08, 3:31 PM ET A real estate tracking firm says home sales in California jumped 65 percent in September from a year ago, as homebuyers seized sharply discounted foreclosed homes and other properties. Figures released Tuesday by MDA DataQuick show the surge ...
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