FDIC Pilot Program Explores Alternatives to Payday Loans - Aug 12, 2008
Banks around the country have issued more than 3,000 small loans as part of a pilot program by the FDIC exploring alternatives to payday lending, representing a significant first step in an attempt to find a less-predatory way to provide short-term credit.
Bush Signs Sweeping Housing Bill - Jul 30, 2008
President Bush signed into law on Wednesday a huge package of housing legislation that included broad authority for the Treasury Department to safeguard the nation's two largest mortgage finance companies and a plan to help hundreds of thousands of troubled borrowers avoid losing their homes.
Given a Shovel, Americans Dig Deeper into Debt - Jul 20, 2008
Years of spending more than they earn have left a record number of Americans standing at the financial precipice. They have amassed a mountain of debt that grows ever bigger because of high interest rates and fees.
New Fed Rules Crack Down on Shady Lenders - Jul 15, 2008
The Federal Reserve has adopted sweeping rules aimed at barring abusive or deceptive mortgage lending practices of the kind that analysts say have led to widespread delinquencies and foreclosures, a collapse of the housing market, and an economic downturn.
Treasury Acts to Shore up Fannie Mae and Freddie Mac - Jul 14, 2008
Alarmed by the sharply eroding confidence in the nation's two largest mortgage finance companies, the Bush administration has asked Congress to approve a sweeping rescue package that would give officials the power to inject billions of federal dollars into the beleaguered companies through investments and loans.
NAACP Puts Spotlight on Mortgage Bias Lawsuit - Jul 3, 2008
Members of local and regional NAACP branches gathered Wednesday outside Washington Mutual's corporate offices as part of what the NAACP called "a national day of action" against mortgage discrimination.
Judge Demands State Keep Foster Care Promises - Jul 1, 2008
A judge Monday gave the state Department of Social and Health Services 30 days to start keeping promises it made four years ago to settle a class-action lawsuit on behalf of thousands of foster children.
Career Programs Stress College, Too, and Give Students a Leg Up - Jun 26, 2008
A new kind of high school program known as a career academy has proliferated, especially in low-income districts, that combines job placement, college preparation, and classes beyond the vocational trades, from accounting to health care.
|
