The housing recovery picture is "mixed" as seen in the February edition of the Obama Administration’s Housing Scorecard, released this week by the Department of Housing and Urban Development (HUD) and the Treasury department. indicators including existing home sales, mortgage delinquencies and.
SolarCity announces another investment fund with JPMorgan · JPMorgan Chase announces first winning cities in $500 million AdvancingCities initiative. affordable housing, entrepreneurs of color, infrastructure and property investment, work skills.
The world economy is growing faster than expected, but the recovery remains "fragile" and threatened by rising unemployment, G7 finance ministers say. G7 warns of ‘fragile’ recovery Skip to.
Obama warns nuclear summit to secure material from terrorists.. Iran wants to destroy Israel and the world remains silent .. Why the Obama Plan Is Working: Polls say the economy is heading in the wrong direction. Markets say it’s back on track. This time, the markets are right
Bank of America reaches multi-billion dollar deal with Fannie Mae ocwen financial soars on NYSE after SmarTrend call Ocwen financial corporation (ocn) earnings Call Transcripts. Find company conference call transcripts for Ocwen Financial Corporation and all the companies you research at Nasdaq.Bank Of America Reaches $9.5 Billion Settlement With FHFA – Government-sponsored mortgage-finance giants Fannie Mae and Freddie Mac demanded compensation from Bank of America for losses on securities that were backed by faulty loans given out during the time of the housing boom. The Bank of America (BofA) has agreed to settle the claims made by Fannie Mae and Freddie Mac by paying the finance companies $9.5 billion, LA Times said.Homebuilder stocks take a beating Stocks Take Beating Wall Street took a dive on Thursday, with the Dow Jones Industrial Average dropping 225.47 points, or 1.47 percent. The S&P 500 was off 1.43 percent and the Nasdaq fell 1.72.
"Shutdown threatens fragile economy," warns Politico. "Federal workers turn. The federal government remains the biggest employer in the country. President Obama says so with pride. Recommended.
Frustrating for Mr. Obama is that there is not a lot he can do to shape this outcome. The same is true of several variables that probably will be determinative in the 2012 election: the economy..
Obama Administration Releases December Housing Scorecard. – WASHINGTON- The U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of the Treasury today released the December edition of the Obama Administration’s Housing Scorecard – a comprehensive report on the nation’s housing market. The latest data show progress among many key indicators.
Beat the Press is Dean Baker’s commentary on economic reporting. He is a Senior Economist at the Center for Economic and Policy Research (CEPR). To never miss a post, subscribe to a weekly email roundup of Beat the Press. Please also consider supporting the blog on Patreon.
Vera Jourova spent months working with the Obama administration on a deal to protect Europeans. the European Union’s justice commissioner, said in a Bloomberg interview. “I will not hesitate to do.
Fragile U.S. economy faces threats from both hemispheres. The fragile U.S. recovery is now facing economic threats from both the Eastern and Western hemispheres: As the eurozone union appears to be on the verge of cracking apart, Thailand is just putting out the flames of an internal revolt.