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House passes sweeping mortgage rescue
The House voted 272-152 to pass sweeping legislation that will offer up to $300 billion in aid to troubled homeowners and throw government support behind mortgage giants Fannie Mae and Freddie Mac. The nearly 700-page bill will now go to the Senate, CNNMoney.com reports. Earlier in the day, Presiden
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House passes major housing rescue bill
WASHINGTON (Reuters) - The U.S. House of Representatives on Thursday approved a bill to create a $300 billion mortgage-insurance fund and provide billions more in homeowner aid to stabilize a housing market shaken by a wave of foreclosures and a credit crunch.
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House passes major housing rescue bill (Reuters)
Reuters - The U.S. House of Representatives on Thursday approved a bill to create a $300 billion mortgage-insurance fund and provide billions more in homeowner aid to stabilize a housing market shaken by a wave of foreclosures and a credit crunch.
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Senate passes foreclosure rescue (AP)
AP - A mortgage rescue to help hundreds of thousands of struggling homeowners avoid foreclosure and get more affordable, safer loans passed the Senate overwhelmingly Friday, but it faces a bumpy road amid continuing turmoil in the housing market.
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House OKs rescue for homeowners, Freddie, Fannie (AP)
AP - Rescue legislation sailed through the House on Wednesday aimed at helping 400,000 strapped homeowners avoid foreclosure and preventing the collapse of troubled mortgage companies Fannie Mae and Freddie Mac.
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White House seeks movement on housing bill
WASHINGTON (Reuters) - The White House on Monday said it hoped for progress on a sweeping housing rescue plan by the end of this week, but reiterated a veto threat over a provision that Congress looks likely to include in the bill.
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House passes housing bill; Bush lifts veto threat
WASHINGTON (Reuters) - The House of Representatives passed a massive housing rescue bill on Wednesday while the White House dropped a threat to veto it, paving the way for measures aimed at shoring up the worst U.S. housing market since the Great Depression.
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House passes housing bill; Bush lifts veto threat (Reuters)
Reuters - The House of Representatives passed a massive housing rescue bill on Wednesday while the White House dropped a threat to veto it, paving the way for measures aimed at shoring up the worst U.S. housing market since the Great Depression.
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House passes stimulus bill, Senate changes expected - Forbes
KNX1070House passes stimulus bill, Senate changes expectedForbes - 5 hours agoWASHINGTON (Thomson Financial) - The House of Representatives overwhelmingly passed a 146 bln usd economic stimulus package today, sending it to the Senate, where controlling Democrats hope t
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House Passes $300B Foreclosure Rescue
The House approved a major housing aid plan despite Bush's veto threat.
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House Passes $300B Foreclosure Rescue
The House approved a major housing aid plan despite Bush's veto threat.
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Senate passes landmark housing bill
The Senate on Saturday overwhelmingly passed a landmark housing bill that will offer up to $300 billion in loans for troubled homeowners and establish a government rescue plan for mortgage finance giants Fannie Mae and Freddie Mac.
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US House passes surveillance law - BBC News
BBC NewsUS House passes surveillance lawBBC News - 44 minutes agoThe US House of Representatives has passed a surveillance bill that would allow lawsuits against phone companies. President George Bush has promised to veto the bill because it does not give immunity to c
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House Republican Leader Confident in Rescue Plan
Congressional Republicans met with the Treasury secretary on Wednesday about his plan for a possible government rescue of the nation’s two largest mortgage finance companies.
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House Passes Extension of Surveillance Law - Washington Post
The Epoch Times IrelandHouse Passes Extension of Surveillance LawWashington Post - 39 minutes agoBy Paul Kane The House yesterday approved a 15-day extension of an expiring intelligence surveillance law despite a threatened veto by President Bush, trying to gain more t
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Senate Passes Bill to Bail Out Troubled Home Owners - New York Times
ABC NewsSenate Passes Bill to Bail Out Troubled Home OwnersNew York Times - 33 minutes agoBy DAVID M. HERSZENHORN and DAVID STOUT WASHINGTON - The Senate on Friday afternoon approved a major package of housing legislation, including a rescue plan aimed at helping hundre
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House likely to modify Fannie, Freddie rescue
The House is likely next week to take up a Bush administration proposal to empower the Treasury to back up embattled mortgage giants Fannie Mae and Freddie Mac.
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House Approves Sweeping Effort to Help Housing
Citing the need to restore confidence in the mortgage giants Fannie Mae and Freddie Mac, the president said he would set aside his objections to the legislation.
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Paulson Says No Plan Afoot to Rescue Mortgage Agencies - New York Times
AFPPaulson Says No Plan Afoot to Rescue Mortgage AgenciesNew York Times - 52 minutes agoBy BLOOMBERG NEWS The Treasury secretary, Henry M. Paulson Jr., said Sunday there are no plans to use his new authority to inject capital into mortgage companies Fannie Mae and Fred
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House Passes Housing Bill After Bush Says He Will Sign It
Citing the need to restore confidence in the mortgage giants Fannie Mae and Freddie Mac, the president said he would set aside his objections to the legislation.
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