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Recent News on the Keywords, rescue plan + homeowner rescue + homeowners , Related to the Article Below:

Struggling homeowners could get new government-backed loans
The Associated Press - Apr 22, 2008
The plan is aimed at homeowners hit by the double whammy of the credit crunch and housing downturn. Many of them have subprime loans that are resetting at ...

Dodd Starts Circulating His Mortgage Rescue Plan
CBS News, NY - Mar 27, 2008
Dodd?s proposal would create a new program within the Federal Housing Administration aimed at helping distressed homeowners refinance into loans they can ...

McCain Offers Plan to Help Homeowners With Mortgages (Update1)
Bloomberg - Apr 10, 2008
The crisis prompted the US Federal Reserve to help engineer a rescue of investment bank Bear Stearns Cos., a move that some in Congress have called a ...

Chances of Homeowner Relief Losing Momentum in Senate
New York Times, United States - Apr 8, 2008
House Democrats did not dispute Ms. Perino?s assertion that they planned to pursue a more aggressive rescue plan for homeowners. Those efforts are expected ...

CBS Omits Skepticism of Homeowner Bailout Plan
Business Media Institute, VA - Apr 3, 2008
?After the government helped rescue Bear Stearns, calls grew louder for Washington to help struggling homeowners as well. Today on Capitol Hill, ...

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Washington Post

Bush Readies Mortgage Aid Plan
Washington Post, United States - Mar 28, 2008
By Lori Montgomery and David Cho The Bush administration is finalizing details of a plan to rescue thousands of homeowners at risk of foreclosure by helping ...

Federal mortgage rescue, revisited
San Jose Mercury News, USA - Apr 2, 2008
They already have the ability, but their duty is to shareholders, not voters or the average homeowner or even to the health of the economy generally. ...

Washington Post

Foreclosure Aid Hinges on Eligibility, How Many Are Helped
Washington Post, United States - Apr 15, 2008
All the new loans would be grouped in a rescue fund kept separate from the healthier loans the FHA now insures. Democratic aides acknowledged that the ...

McCain outlines plan for economy
CNNMoney.com - Apr 10, 2008
McCain introduced what he is calling his "HOME Plan," which blends elements of government-backed mortgage rescue proposals by the Bush administration, ...

Senate ad hoc Committee Hammers out Housing Rescue Bill
MortgageNewsDaily.com, AZ - Apr 3, 2008
Also missing is a plan to extend $300 to $400 billion in federally guaranteed mortgages to help homeowners facing rate resets or already in trouble with ...

Source: Google News

Homeowner rescue plans under discussion

New York Times

Article Launched: 04/02/2008 01:43:35 AM PDT

RESCUE PROPOSALS

$10 billion in tax-exempt bonds to refinance subprime loans.

$4 billion to local governments to buy foreclosed properties.

$15,000 tax credit for purchasers of foreclosed homes or newly built homes that have been sitting vacant.

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