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Economic Conditions

 

By the Numbers

Mortgages and Banking

  • Obama Seeks to Broaden Reach of Housing Assistance

    FALLS CHURCH, Va. - Conceding his earlier housing programs have fallen short, President Barack Obama on Wednesday proposed a vast expansion of government assistance to homeowners, aiming to make lower lending rates a possibility for millions of borrowers who have not been able to get out from under burdensome mortgages.

     
  • KB Home Announces Change in Board of Directors

    KB Home (NYSE: KBH), one of the nation's premier homebuilders, today announced that Leslie Moonves will not be standing for re-election to the company's Board of Directors at the next Annual Meeting of Stockholders, to be held on April 12, 2012, and will retire from the Board effective as of that date, in order to devote more time to his other professional commitments and interests.

     
  • U.S. Government to Extend and Expand Foreclosure Program

    WASHINGTON - The Obama administration said Friday that will expand its signature foreclosure-prevention program to try to help those with heavy debt loads avoid losing their homes.

     
 

Housing Data

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Need to Delete Housing Overhang

Getting foreclosed homes resold is an important step toward a housing recovery.


 

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