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Realcomp II Ltd., Michigan’s largest Multiple Listing Service provider to real estate professionals, Thursday announced a partnership with Fannie Mae to create a pilot program for homeowners in fear of foreclosure or staring down the barrel of a short sale.The program will help streamline the short sale process, making it easier for homeowners who are [...]
Nobel-prize winning economist Paul Krugman said in remarks published on Monday that the latest U.S. Treasury bailout program is nearly certain to fail, triggering a sense of personal despair.
U.S. Treasury Secretary Timothy Geithner on Monday unveiled a plan aimed at persuading private investors to help rid banks up to $1 trillion in toxic assets that [...]
WASHINGTON – In an op-ed piece published in the Wall Street Journal, U.S. Treasury Secretary Timothy Geithner offers an update on the Administration’s efforts to stabilize the financial system. To read the piece online: http://online.wsj.com/article/SB123776536222709061.html. The text of the piece follows:
The American economy and much of the world now face extraordinary challenges, and confronting these [...]
