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.
House Passes Super Mega Housing Bill (Truthdig)
There?s a lot the president doesn?t like about the new housing bill, just passed by the House, but he?ll hold his nose and sign it. The package includes huge guarantees for Freddie Mac and Fannie Mae?the national debt ceiling had to be lifted by about $800 billion, just in case?but also rescue for hundreds of thousands of homeowners at risk of foreclosure. New York Times: Lawmakers and experts described...Source : Truthdig (subscribe)Explore : Politics
House OKs housing rescue plan; Bush drops veto threat
Bush drops threat to veto mortgage bill
The House approved a sweeping plan Wednesday to ease the most serious housing crisis since the Great Depression by providing aid to homeowners facing foreclosure and a federal backstop for struggling mortgage giants Fannie Mae and Freddie Mac.
House OKs housing rescue bill
WASHINGTON (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.
House OKs housing rescue bill (Chicago Tribune)
WASHINGTON (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. Source : Chicago Tribune (subscribe)
House passes housing bill; Bush lifts veto threat (Reuters) (Home Personal Finance)
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. Source : Home Personal Finance (subscribe)
How they voted: House roll call on housing bill (Boston Globe)
The 272-152 roll call Wednesday by which the House passed a bill that aims to help homeowners facing foreclosure and to prevent mortgage giants Fannie Mae and Freddie Mac from collapsing.Source : Boston Globe (subscribe)
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.
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.
House Approves Housing Rescue Bill
The House has passed legislation that aims to help 400,000 strapped homeowners who are facing foreclosure and prevent troubled mortgage giants Fannie Mae and Freddie Mac from collapsing.
House Passes Housing Bill After Bush Says He Will Sign It
The House on Wednesday afternoon approved the most far-reaching government assistance for the nation?s housing market since the New Deal.
House approves housing market rescue bill
WASHINGTON (Reuters) - The House of Representatives on Wednesday approved major housing market rescue legislation that would bolster Fannie Mae and Freddie Mac, set up a new regulator for the two mortgage giants, and create a fund to help thousands of distressed homeowners refinance their mortgages.
House approves housing market rescue bill (Reuters)
Reuters - The House of Representatives on
Wednesday approved major housing market rescue legislation that
would bolster Fannie Mae and Freddie Mac , set
up a new regulator for the two mortgage giants, and create a
fund to help thousands of distressed homeowners refinance their
mortgages.
House approves housing rescue legislation (AP)
AP - The House has passed legislation that aims to help 400,000 strapped homeowners who are facing foreclosure and prevent troubled mortgage giants Fannie Mae and Freddie Mac from collapsing.
Bush lifts housing veto threat; House nears vote
WASHINGTON (Reuters) - President George W. Bush dropped a threat to veto a housing rescue bill under debate by Congress on Wednesday, clearing the way for measures meant to shore up the worst U.S. home slump since the Great Depression.
Bush lifts housing veto threat; House nears vote (Reuters)
Reuters - President George W. Bush dropped a
threat to veto a housing rescue bill under debate by Congress
on Wednesday, clearing the way for measures meant to shore up
the worst U.S. home slump since the Great Depression.
White House says Bush will sign housing bill
WASHINGTON (Reuters) - President George W. Bush on Wednesday dropped a threat to veto a housing rescue bill, clearing the way for measures meant to shore up the worst U.S. home market since the Great Depression.
White House says Bush will sign housing bill (Reuters)
Reuters - President George W. Bush on
Wednesday dropped a threat to veto a housing rescue bill,
clearing the way for measures meant to shore up the worst U.S.
home market since the Great Depression.
White House says Bush will sign housing bill into law
WASHINGTON (Reuters) - President George W. Bush will sign a housing rescue package into law despite opposing part of the legislation, the White House said on Wednesday, paving the way for measures to shore up the worst U.S. home market since the Great Depression.
White House says Bush will sign housing bill into law (Reuters)
Reuters - President George W. Bush will sign a
housing rescue package into law despite opposing part of the
legislation, the White House said on Wednesday, paving the way
for measures to shore up the worst U.S. home market since the
Great Depression.
Bush will sign housing bill into law: W. House (Reuters)
Reuters - President George W. Bush will sign
into law a housing rescue package, despite objections about a
provision to provide grants to communities to buy and repair
foreclosed homes, because the legislation was needed promptly
to address the crisis, the White House said on Wednesday.
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.
White House seeks movement on housing bill soon
WASHINGTON (Reuters) - The White House on Monday said it hoped for progress on housing legislation being negotiated with Congress by the end of this week, but that President George W. Bush would veto any bill that includes $4 billion in block grants to states to buy foreclosed homes.
White House seeks movement on housing bill soon (Reuters)
Reuters - The White House on Monday said it
hoped for progress on housing legislation being negotiated with
Congress by the end of this week, but that President George W.
Bush would veto any bill that includes $4 billion in block
grants to states to buy foreclosed homes.
White House renews veto threat on housing bill
WASHINGTON (Reuters) - U.S. President George W. Bush would veto Senate housing legislation if it includes $4 billion in block grants to states to buy foreclosed homes, White House spokeswoman Dana Perino said on Friday.
White House renews veto threat on housing bill (Reuters)
Reuters - U.S. President George W. Bush would
veto Senate housing legislation if it includes $4 billion in
block grants to states to buy foreclosed homes, White House
spokeswoman Dana Perino said on Friday.
Housing aid bill passed by House faces Bush veto (Houston Chronicle)
The House passed a massive homeowner rescue plan Thursday to provide cheaper, government-backed mortgages to half a million debt-ridden borrowers and bolster an economy crippled by the housing crisis. Source : Houston Chronicle (subscribe)Explore : US
Defying Bush, House Passes Broad Housing Bill
The bill would provide up to $300 billion in insured loans to refinance the mortgages of debt-strapped homeowners.
Defying Veto Threat, House Approves Housing Bill
The House Democrats? bill would provide $15 billion to the states to buy and spruce up foreclosed properties.
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.
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.
House passes broad housing rescue despite veto threat (AP)
AP - The House has passed a housing aid plan to provide $300 billion in refinanced mortgages for struggling homeowners. President Bush says he'll veto the bill. It passed 266-154 with support from 39 Republicans.
Bush Vows to Veto Housing-Relief Bill in House
The White House prefers a more limited expansion of federally insured mortgages than the Democrats.
Housing rescue package set for House vote (AP)
AP - A broad housing rescue package aimed at preventing foreclosures would have the government step in to insure up to $300 billion in new mortgages for struggling homeowners.
House set to pass sweeping housing rescue bill (Reuters)
Reuters - The U.S. House of Representatives is
due on Wednesday to begin debating a housing rescue package
that could see the government buy up $15 billion of abandoned
homes and help an estimated half million homeowners facing
foreclosure.
House set to pass sweeping housing rescue bill
WASHINGTON (Reuters) - The U.S. House of Representatives is due on Wednesday to begin debating a housing rescue package that could see the government buy up $15 billion of abandoned homes and help an estimated half million homeowners facing foreclosure.
House committee backs tax bill on housing crisis
WASHINGTON (Reuters) - The House of Representatives Ways and Means Committee approved on Wednesday a bill proposing a range of tax breaks meant to tackle the nation's housing market crisis.
House committee backs tax bill on housing crisis (Reuters)
Reuters - The House of Representatives Ways
and Means Committee approved on Wednesday a bill proposing a
range of tax breaks meant to tackle the nation's housing market
crisis.
House panel approves tax bill on housing crisis (Reuters)
Reuters - The tax-writing House of
Representatives Ways and Means Committee approved on Wednesday
a bill proposing a range of tax breaks meant to tackle the
nation's housing market crisis.
House panel approves tax bill on housing crisis
WASHINGTON (Reuters) - The tax-writing House of Representatives Ways and Means Committee approved on Wednesday a bill proposing a range of tax breaks meant to tackle the nation's housing market crisis.
White House Offers New Housing Plan
The Bush administration proposed loosening the eligibility criteria for new mortgages insured by the federal government.
Key lawmaker 'pleased' by reported White House housing plan (Market Watch)
WASHINGTON (MarketWatch) -- Rep. Barney Frank, chairman of the House Financial Services Committee, said Wednesday he is "pleased" by a plan from President Bush that is reported to expand a government program, and calls for helping troubled borrowers to stay in their homes by encouraging lenders to write down loan values. "I am pleased to see that the Bush administration now agrees with the approach....Source : Market Watch (subscribe)Explore : Personal Finance
Senate, House to Push Housing Measures (Seattle Times)
The Senate is working to quickly pass a grab bag of measures aimed at helping homeowners and businesses weather the housing crisis as a key House panel hears from experts on a broader government rescue plan for struggling borrowers.Source : Seattle Times (subscribe)
Senate, House to push housing measures (AP)
AP - The Senate is working to quickly pass a grab bag of measures aimed at helping homeowners and businesses weather the housing crisis as a key House panel hears from experts on a broader government rescue plan for struggling borrowers.