U.S. Energy Secretary Steven Chu, responding to a House investigation ... panels on warehouse roofs in 28 states because of its business model that included financing from private investors. “It had nothing to do with Solyndra,” Chu told ...
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WASHINGTON (AP) -- The House is ready to pass a Republican bill to ban federal officials from insider trading, legislation that was heavily influenced by Wall Street firms that want to avoid new public disclosure rules. Democrats complained the ...
The program is limited to properties owned by Washington- based Fannie Mae, which sells and guarantees home loans. The subprime lending collapse left the company with more than 122,000 foreclosed homes, also known as real-estate-owned or REO ...
WASHINGTON -Home prices fell in December for a fourth straight month in most major U.S. cities, as modest sales gains in the depressed housing market have yet to lift prices. The Standard & Poor's/Case-Shiller home-price index shows prices ...
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The House Committee on Finance approved several bills regarding the military presence in Hawaii Thursday. One of the bills enforces an existing law, the John Warner National Defense Authorization Act for Fiscal Year 2007, to limit the terms of credit that ...
California’s attorney general, Kamala D. Harris, has ratcheted up the pressure on Fannie Mae and Freddie Mac to allow debt reduction on their home loans by asking the mortgage finance giants to halt foreclosures in the state. In a letter to Edward J.
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Feb. 27 (Bloomberg) -- Bank of America Corp., Wells Fargo & Co. and three other banks that settled a nationwide probe of foreclosure practices this month will get a bonus from the deal: protection for $308 billion of home-equity loans they hold.
